Teck Return On Equity from 2010 to 2024

TECK Stock  USD 47.21  0.56  1.20%   
Teck Resources Return On Equity yearly trend continues to be quite stable with very little volatility. The value of Return On Equity is projected to decrease to 0.06. Return On Equity is a measure of the profitability of Teck Resources Ltd in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.08926189
Current Value
0.0619
Quarterly Volatility
0.08216203
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Teck Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Teck Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 B, Interest Expense of 191.3 M or Selling General Administrative of 332.9 M, as well as many indicators such as Price To Sales Ratio of 1.94, Dividend Yield of 0.0195 or PTB Ratio of 1.25. Teck financial statements analysis is a perfect complement when working with Teck Resources Valuation or Volatility modules.
  
Check out the analysis of Teck Resources Correlation against competitors.

Latest Teck Resources' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Teck Resources Ltd over the last few years. Return on Equity is the amount of Teck Resources net income returned as a percentage of Teck Resources equity. Return on equity measures Teck Resources profitability by revealing how much profit Teck Resources Ltd generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Teck Resources' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Teck Resources' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.044110 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Teck Return On Equity Regression Statistics

Arithmetic Mean0.05
Coefficient Of Variation153.56
Mean Deviation0.06
Median0.06
Standard Deviation0.08
Sample Variance0.01
Range0.3013
R-Value0.13
Mean Square Error0.01
R-Squared0.02
Significance0.63
Slope0
Total Sum of Squares0.09

Teck Return On Equity History

2024 0.0619
2023 0.0893
2021 0.12
2020 -0.0471
2019 -0.0276
2018 0.14
2017 0.13

About Teck Resources Financial Statements

Teck Resources investors utilize fundamental indicators, such as Return On Equity, to predict how Teck Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Equity 0.09  0.06 

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When determining whether Teck Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teck Resources Ltd Stock. Highlighted below are key reports to facilitate an investment decision about Teck Resources Ltd Stock:
Check out the analysis of Teck Resources Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teck Resources. If investors know Teck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teck Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.29)
Dividend Share
0.5
Earnings Share
2.08
Revenue Per Share
32.13
Quarterly Revenue Growth
0.437
The market value of Teck Resources is measured differently than its book value, which is the value of Teck that is recorded on the company's balance sheet. Investors also form their own opinion of Teck Resources' value that differs from its market value or its book value, called intrinsic value, which is Teck Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teck Resources' market value can be influenced by many factors that don't directly affect Teck Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teck Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teck Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teck Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.