BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:BCE-PR-B - CA05534B6952
19.25 CAD
+0.03 (+0.16%)
We assign a fundamental rating of 5 out of 10 to BCE-PR-B. BCE-PR-B was compared to 29 industry peers in the Diversified Telecommunication Services industry. While BCE-PR-B has a great profitability rating, there are quite some concerns on its financial health. BCE-PR-B may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
In the past year BCE-PR-B was profitable.
In the past year BCE-PR-B had a positive cash flow from operations.
BCE-PR-B had positive earnings in each of the past 5 years.
Each year in the past 5 years BCE-PR-B had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BCE-PR-B (7.85%) is better than 93.10% of its industry peers.
With an excellent Return On Equity value of 27.48%, BCE-PR-B belongs to the best of the industry, outperforming 86.21% of the companies in the same industry.
BCE-PR-B has a Return On Invested Capital of 4.52%. This is in the better half of the industry: BCE-PR-B outperforms 75.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BCE-PR-B is in line with the industry average of 5.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.85% | ||
| ROE | 27.48% | ||
| ROIC | 4.52% |
ROA(3y)2.34%
ROA(5y)3.04%
ROE(3y)7.82%
ROE(5y)9.47%
ROIC(3y)4.9%
ROIC(5y)4.97%
1.3 Margins
Looking at the Profit Margin, with a value of 25.21%, BCE-PR-B belongs to the top of the industry, outperforming 93.10% of the companies in the same industry.
BCE-PR-B's Profit Margin has declined in the last couple of years.
The Operating Margin of BCE-PR-B (22.38%) is better than 79.31% of its industry peers.
BCE-PR-B's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 67.92%, BCE-PR-B belongs to the top of the industry, outperforming 82.76% of the companies in the same industry.
In the last couple of years the Gross Margin of BCE-PR-B has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.38% | ||
| PM (TTM) | 25.21% | ||
| GM | 67.92% |
OM growth 3Y0.29%
OM growth 5Y-0.91%
PM growth 3Y-61.33%
PM growth 5Y-44.58%
GM growth 3Y-0.23%
GM growth 5Y-0.19%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BCE-PR-B is still creating some value.
Compared to 1 year ago, BCE-PR-B has about the same amount of shares outstanding.
Compared to 5 years ago, BCE-PR-B has more shares outstanding
The debt/assets ratio for BCE-PR-B is higher compared to a year ago.
2.2 Solvency
BCE-PR-B has an Altman-Z score of 0.58. This is a bad value and indicates that BCE-PR-B is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.58, BCE-PR-B is not doing good in the industry: 79.31% of the companies in the same industry are doing better.
BCE-PR-B has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-B would need 10.36 years to pay back of all of its debts.
BCE-PR-B has a better Debt to FCF ratio (10.36) than 79.31% of its industry peers.
BCE-PR-B has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
BCE-PR-B's Debt to Equity ratio of 1.57 is amongst the best of the industry. BCE-PR-B outperforms 86.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 10.36 | ||
| Altman-Z | 0.58 |
ROIC/WACC1.08
WACC4.19%
2.3 Liquidity
A Current Ratio of 0.58 indicates that BCE-PR-B may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.58, BCE-PR-B is in the better half of the industry, outperforming 75.86% of the companies in the same industry.
BCE-PR-B has a Quick Ratio of 0.58. This is a bad value and indicates that BCE-PR-B is not financially healthy enough and could expect problems in meeting its short term obligations.
BCE-PR-B has a Quick ratio of 0.55. This is in the better half of the industry: BCE-PR-B outperforms 75.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
BCE-PR-B shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.65%.
The Earnings Per Share has been decreasing by -2.78% on average over the past years.
The Revenue has been growing slightly by 0.11% in the past year.
The Revenue has been growing slightly by 0.51% on average over the past years.
EPS 1Y (TTM)-3.65%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%5.33%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.31%
3.2 Future
The Earnings Per Share is expected to grow by 1.21% on average over the next years.
Based on estimates for the next years, BCE-PR-B will show a small growth in Revenue. The Revenue will grow by 2.13% on average per year.
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.21%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y2.13%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.64 indicates a rather cheap valuation of BCE-PR-B.
Compared to the rest of the industry, the Price/Earnings ratio of BCE-PR-B indicates a rather cheap valuation: BCE-PR-B is cheaper than 93.10% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.11, BCE-PR-B is valued rather cheaply.
The Price/Forward Earnings ratio is 7.08, which indicates a rather cheap valuation of BCE-PR-B.
BCE-PR-B's Price/Forward Earnings ratio is rather cheap when compared to the industry. BCE-PR-B is cheaper than 89.66% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BCE-PR-B to the average of the S&P500 Index (36.21), we can say BCE-PR-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.64 | ||
| Fwd PE | 7.08 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BCE-PR-B indicates a rather cheap valuation: BCE-PR-B is cheaper than 86.21% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BCE-PR-B is valued cheaply inside the industry as 89.66% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.54 | ||
| EV/EBITDA | 5.52 |
4.3 Compensation for Growth
BCE-PR-B has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as BCE-PR-B's earnings are expected to decrease with -3.28% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
5. Dividend
5.1 Amount
BCE-PR-B has a Yearly Dividend Yield of 6.07%, which is a nice return.
Compared to an average industry Dividend Yield of 5.92, BCE-PR-B is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.32, BCE-PR-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
5.2 History
The dividend of BCE-PR-B has a limited annual growth rate of 4.82%.
BCE-PR-B has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
43.52% of the earnings are spent on dividend by BCE-PR-B. This is a bit on the high side, but may be sustainable.
The dividend of BCE-PR-B is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP43.52%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
TSX:BCE-PR-B (12/1/2025, 7:00:00 PM)
19.25
+0.03 (+0.16%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners47.57%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap17.95B
Revenue(TTM)24.49B
Net Income(TTM)6.17B
Analysts64.55
Price Target21.99 (14.23%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.44%
Min EPS beat(2)-12.22%
Max EPS beat(2)9.34%
EPS beat(4)3
Avg EPS beat(4)4.21%
Min EPS beat(4)-12.22%
Max EPS beat(4)10.64%
EPS beat(8)5
Avg EPS beat(8)2.18%
EPS beat(12)6
Avg EPS beat(12)1.77%
EPS beat(16)10
Avg EPS beat(16)2.48%
Revenue beat(2)1
Avg Revenue beat(2)-0.07%
Min Revenue beat(2)-1.42%
Max Revenue beat(2)1.28%
Revenue beat(4)2
Avg Revenue beat(4)-0.21%
Min Revenue beat(4)-1.42%
Max Revenue beat(4)1.28%
Revenue beat(8)2
Avg Revenue beat(8)-0.91%
Revenue beat(12)3
Avg Revenue beat(12)-0.85%
Revenue beat(16)3
Avg Revenue beat(16)-0.9%
PT rev (1m)2.75%
PT rev (3m)16.13%
EPS NQ rev (1m)-1.65%
EPS NQ rev (3m)-0.7%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.29%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.64 | ||
| Fwd PE | 7.08 | ||
| P/S | 0.73 | ||
| P/FCF | 4.54 | ||
| P/OCF | 2.46 | ||
| P/B | 0.8 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.52 |
EPS(TTM)2.9
EY15.06%
EPS(NY)2.72
Fwd EY14.13%
FCF(TTM)4.24
FCFY22.03%
OCF(TTM)7.83
OCFY40.69%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number39.64
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.85% | ||
| ROE | 27.48% | ||
| ROCE | 8.25% | ||
| ROIC | 4.52% | ||
| ROICexc | 4.55% | ||
| ROICexgc | 8.5% | ||
| OM | 22.38% | ||
| PM (TTM) | 25.21% | ||
| GM | 67.92% | ||
| FCFM | 16.15% |
ROA(3y)2.34%
ROA(5y)3.04%
ROE(3y)7.82%
ROE(5y)9.47%
ROIC(3y)4.9%
ROIC(5y)4.97%
ROICexc(3y)5.01%
ROICexc(5y)5.05%
ROICexgc(3y)9.15%
ROICexgc(5y)9.15%
ROCE(3y)9.37%
ROCE(5y)9.44%
ROICexgc growth 3Y1.14%
ROICexgc growth 5Y-3.03%
ROICexc growth 3Y0.85%
ROICexc growth 5Y-2.9%
OM growth 3Y0.29%
OM growth 5Y-0.91%
PM growth 3Y-61.33%
PM growth 5Y-44.58%
GM growth 3Y-0.23%
GM growth 5Y-0.19%
F-Score6
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 10.36 | ||
| Debt/EBITDA | 3.32 | ||
| Cap/Depr | 65.44% | ||
| Cap/Sales | 13.68% | ||
| Interest Coverage | 2.91 | ||
| Cash Conversion | 68.91% | ||
| Profit Quality | 64.08% | ||
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 0.58 |
F-Score6
WACC4.19%
ROIC/WACC1.08
Cap/Depr(3y)97.8%
Cap/Depr(5y)98.75%
Cap/Sales(3y)19.56%
Cap/Sales(5y)19.53%
Profit Quality(3y)656.86%
Profit Quality(5y)446%
High Growth Momentum
Growth
EPS 1Y (TTM)-3.65%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%5.33%
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.21%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.31%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y2.13%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.58%
EBIT Next 3Y26.41%
EBIT Next 5Y16.23%
FCF growth 1Y77.12%
FCF growth 3Y-4.23%
FCF growth 5Y-6.84%
OCF growth 1Y-3.63%
OCF growth 3Y-3.43%
OCF growth 5Y-1.95%
BCE INC - BCECN 4.45 PERP / BCE-PR-B.CA FAQ
What is the fundamental rating for BCE-PR-B stock?
ChartMill assigns a fundamental rating of 5 / 10 to BCE-PR-B.CA.
What is the valuation status of BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) stock?
ChartMill assigns a valuation rating of 8 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA). This can be considered as Undervalued.
What is the profitability of BCE-PR-B stock?
BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) has a profitability rating of 7 / 10.
What is the financial health of BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) stock?
The financial health rating of BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) is 3 / 10.
What is the expected EPS growth for BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) stock?
The Earnings per Share (EPS) of BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) is expected to decline by -10.6% in the next year.