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TECK vs CMCL
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
TECK vs CMCL — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Industrial Materials | Gold |
| Market Cap | $29.86B | $440M |
| Revenue (TTM) | $12.41B | $264M |
| Net Income (TTM) | $1.85B | $55M |
| Gross Margin | 30.3% | 52.0% |
| Operating Margin | 23.9% | 44.3% |
| Forward P/E | 13.3x | 6.0x |
| Total Debt | $10.39B | $33M |
| Cash & Equiv. | $5.01B | $36M |
TECK vs CMCL — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Teck Resources Limi… (TECK) | 100 | 653.4 | +553.4% |
| Caledonia Mining Co… (CMCL) | 100 | 146.1 | +46.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TECK vs CMCL
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TECK is the clearest fit if your priority is long-term compounding.
- 5.3% 10Y total return vs CMCL's 428.4%
- +77.7% vs CMCL's +67.6%
CMCL carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 1.28, yield 4.5%
- Rev growth 38.9%, EPS growth 204.3%, 3Y rev CAGR 21.4%
- Lower volatility, beta 1.28, Low D/E 11.5%, current ratio 1.69x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 38.9% revenue growth vs TECK's 18.6% | |
| Value | Lower P/E (6.0x vs 13.3x) | |
| Quality / Margins | 20.9% margin vs TECK's 14.9% | |
| Stability / Safety | Beta 1.28 vs TECK's 1.73, lower leverage | |
| Dividends | 4.5% yield, 2-year raise streak, vs TECK's 0.6% | |
| Momentum (1Y) | +77.7% vs CMCL's +67.6% | |
| Efficiency (ROA) | 14.2% ROA vs TECK's 4.1%, ROIC 32.4% vs 4.4% |
TECK vs CMCL — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
CMCL leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
TECK is the larger business by revenue, generating $12.4B annually — 47.0x CMCL's $264M. CMCL is the more profitable business, keeping 20.9% of every revenue dollar as net income compared to TECK's 14.9%. On growth, TECK holds the edge at +72.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $12.4B | $264M |
| EBITDAEarnings before interest/tax | $4.8B | $132M |
| Net IncomeAfter-tax profit | $1.8B | $55M |
| Free Cash FlowCash after capex | $482M | $40M |
| Gross MarginGross profit ÷ Revenue | +30.3% | +52.0% |
| Operating MarginEBIT ÷ Revenue | +23.9% | +44.3% |
| Net MarginNet income ÷ Revenue | +14.9% | +20.9% |
| FCF MarginFCF ÷ Revenue | +3.9% | +15.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +72.2% | +49.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +128.8% | +73.3% |
Valuation Metrics
CMCL leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
At 8.0x trailing earnings, CMCL trades at a 73% valuation discount to TECK's 29.8x P/E. On an enterprise value basis, CMCL's 3.3x EV/EBITDA is more attractive than TECK's 12.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $29.9B | $440M |
| Enterprise ValueMkt cap + debt − cash | $33.8B | $436M |
| Trailing P/EPrice ÷ TTM EPS | 29.77x | 8.05x |
| Forward P/EPrice ÷ next-FY EPS est. | 13.25x | 6.05x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.78x |
| EV / EBITDAEnterprise value multiple | 12.51x | 3.32x |
| Price / SalesMarket cap ÷ Revenue | 3.77x | 1.73x |
| Price / BookPrice ÷ Book value/share | 1.61x | 1.57x |
| Price / FCFMarket cap ÷ FCF | — | 10.13x |
Profitability & Efficiency
CMCL leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
CMCL delivers a 20.7% return on equity — every $100 of shareholder capital generates $21 in annual profit, vs $7 for TECK. CMCL carries lower financial leverage with a 0.11x debt-to-equity ratio, signaling a more conservative balance sheet compared to TECK's 0.40x. On the Piotroski fundamental quality scale (0–9), CMCL scores 7/9 vs TECK's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +7.1% | +20.7% |
| ROA (TTM)Return on assets | +4.1% | +14.2% |
| ROICReturn on invested capital | +4.4% | +32.4% |
| ROCEReturn on capital employed | +4.2% | +35.3% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 |
| Debt / EquityFinancial leverage | 0.40x | 0.11x |
| Net DebtTotal debt minus cash | $5.4B | -$3M |
| Cash & Equiv.Liquid assets | $5.0B | $36M |
| Total DebtShort + long-term debt | $10.4B | $33M |
| Interest CoverageEBIT ÷ Interest expense | 4.16x | 33.33x |
Total Returns (Dividends Reinvested)
TECK leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in TECK five years ago would be worth $26,295 today (with dividends reinvested), compared to $17,211 for CMCL. Over the past 12 months, TECK leads with a +77.7% total return vs CMCL's +67.6%. The 3-year compound annual growth rate (CAGR) favors CMCL at 19.6% vs TECK's 12.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +29.3% | -13.0% |
| 1-Year ReturnPast 12 months | +77.7% | +67.6% |
| 3-Year ReturnCumulative with dividends | +43.4% | +71.1% |
| 5-Year ReturnCumulative with dividends | +163.0% | +72.1% |
| 10-Year ReturnCumulative with dividends | +530.4% | +428.4% |
| CAGR (3Y)Annualised 3-year return | +12.8% | +19.6% |
Risk & Volatility
Evenly matched — TECK and CMCL each lead in 1 of 2 comparable metrics.
Risk & Volatility
CMCL is the less volatile stock with a 1.28 beta — it tends to amplify market swings less than TECK's 1.73 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. TECK currently trades 98.0% from its 52-week high vs CMCL's 58.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.73x | 1.28x |
| 52-Week HighHighest price in past year | $63.27 | $38.75 |
| 52-Week LowLowest price in past year | $30.98 | $13.05 |
| % of 52W HighCurrent price vs 52-week peak | +98.0% | +58.8% |
| RSI (14)Momentum oscillator 0–100 | 53.5 | 38.8 |
| Avg Volume (50D)Average daily shares traded | 3.9M | 189K |
Analyst Outlook
CMCL leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates TECK as "Buy" and CMCL as "Buy". Consensus price targets imply 4.0% upside for TECK (target: $65) vs -24.2% for CMCL (target: $17). For income investors, CMCL offers the higher dividend yield at 4.48% vs TECK's 0.59%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $64.50 | $17.25 |
| # AnalystsCovering analysts | 26 | 2 |
| Dividend YieldAnnual dividend ÷ price | +0.6% | +4.5% |
| Dividend StreakConsecutive years of raises | 0 | 2 |
| Dividend / ShareAnnual DPS | $0.50 | $1.02 |
| Buyback YieldShare repurchases ÷ mkt cap | +2.5% | 0.0% |
CMCL leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). TECK leads in 1 (Total Returns). 1 tied.
TECK vs CMCL: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is TECK or CMCL a better buy right now?
For growth investors, Caledonia Mining Corporation Plc (CMCL) is the stronger pick with 38.
9% revenue growth year-over-year, versus 18. 6% for Teck Resources Limited (TECK). Caledonia Mining Corporation Plc (CMCL) offers the better valuation at 8. 0x trailing P/E (6. 0x forward), making it the more compelling value choice. Analysts rate Teck Resources Limited (TECK) a "Buy" — based on 26 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TECK or CMCL?
On trailing P/E, Caledonia Mining Corporation Plc (CMCL) is the cheapest at 8.
0x versus Teck Resources Limited at 29. 8x. On forward P/E, Caledonia Mining Corporation Plc is actually cheaper at 6. 0x.
03Which is the better long-term investment — TECK or CMCL?
Over the past 5 years, Teck Resources Limited (TECK) delivered a total return of +163.
0%, compared to +72. 1% for Caledonia Mining Corporation Plc (CMCL). Over 10 years, the gap is even starker: TECK returned +530. 4% versus CMCL's +428. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TECK or CMCL?
By beta (market sensitivity over 5 years), Caledonia Mining Corporation Plc (CMCL) is the lower-risk stock at 1.
28β versus Teck Resources Limited's 1. 73β — meaning TECK is approximately 35% more volatile than CMCL relative to the S&P 500. On balance sheet safety, Caledonia Mining Corporation Plc (CMCL) carries a lower debt/equity ratio of 11% versus 40% for Teck Resources Limited — giving it more financial flexibility in a downturn.
05Which is growing faster — TECK or CMCL?
By revenue growth (latest reported year), Caledonia Mining Corporation Plc (CMCL) is pulling ahead at 38.
9% versus 18. 6% for Teck Resources Limited (TECK). On earnings-per-share growth, the picture is similar: Teck Resources Limited grew EPS 262. 8% year-over-year, compared to 204. 3% for Caledonia Mining Corporation Plc. Over a 3-year CAGR, CMCL leads at 21. 4% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TECK or CMCL?
Caledonia Mining Corporation Plc (CMCL) is the more profitable company, earning 21.
7% net margin versus 13. 0% for Teck Resources Limited — meaning it keeps 21. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CMCL leads at 45. 5% versus 16. 5% for TECK. At the gross margin level — before operating expenses — CMCL leads at 54. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TECK or CMCL more undervalued right now?
On forward earnings alone, Caledonia Mining Corporation Plc (CMCL) trades at 6.
0x forward P/E versus 13. 3x for Teck Resources Limited — 7. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TECK: 4. 0% to $64. 50.
08Which pays a better dividend — TECK or CMCL?
All stocks in this comparison pay dividends.
Caledonia Mining Corporation Plc (CMCL) offers the highest yield at 4. 5%, versus 0. 6% for Teck Resources Limited (TECK).
09Is TECK or CMCL better for a retirement portfolio?
For long-horizon retirement investors, Caledonia Mining Corporation Plc (CMCL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.
28), 4. 5% yield, +428. 4% 10Y return). Teck Resources Limited (TECK) carries a higher beta of 1. 73 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (CMCL: +428. 4%, TECK: +530. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TECK and CMCL?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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