Nexa Resources Trades at Forward P/E 7.52 Versus Teck’s 27.26, Zacks Rank #1
Nexa Resources holds a Zacks Rank of #1 with a forward P/E of 7.52, PEG ratio of 0.21 and P/B of 1.18, compared with Teck Resources’ Zacks Rank #3, forward P/E of 27.26, PEG of 0.54 and P/B of 1.48. Nexa earns a Value grade B versus Teck’s D.
1. Zacks Rank Comparison
Nexa Resources has achieved a Zacks Rank of #1 (Strong Buy), reflecting recent positive earnings estimate revisions, while Teck Resources is positioned at Zacks Rank #3 (Hold). This rank differential suggests a stronger near-term earnings outlook for Nexa compared with Teck.
2. Valuation Metrics Contrast
Nexa’s forward P/E ratio stands at 7.52, markedly lower than Teck’s 27.26, indicating a cheaper earnings multiple. Additionally, Nexa’s PEG ratio of 0.21 suggests significant value relative to its growth forecast, versus Teck’s PEG of 0.54, and Nexa’s P/B of 1.18 compares favourably to Teck’s 1.48.
3. Style Scores and Value Grades
In the Value category of Style Scores, Nexa earns a grade of B due to its attractive fundamentals, while Teck receives a D. This divergence underscores Nexa’s stronger appeal to value investors seeking undervalued mining stocks.