BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:BCE-PR-B - CA05534B6952
20.35 CAD
+0.05 (+0.25%)
Taking everything into account, BCE-PR-B scores 5 out of 10 in our fundamental rating. BCE-PR-B was compared to 30 industry peers in the Diversified Telecommunication Services industry. There are concerns on the financial health of BCE-PR-B while its profitability can be described as average. BCE-PR-B has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BCE-PR-B had positive earnings in the past year.
In the past year BCE-PR-B had a positive cash flow from operations.
In the past 5 years BCE-PR-B has always been profitable.
Each year in the past 5 years BCE-PR-B had a positive operating cash flow.
1.2 Ratios
BCE-PR-B has a Return On Assets of 7.85%. This is in the better half of the industry: BCE-PR-B outperforms 80.00% of its industry peers.
With a decent Return On Equity value of 27.48%, BCE-PR-B is doing good in the industry, outperforming 73.33% of the companies in the same industry.
BCE-PR-B's Return On Invested Capital of 4.52% is fine compared to the rest of the industry. BCE-PR-B outperforms 63.33% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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 is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
BCE-PR-B's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 22.38%, BCE-PR-B is doing good in the industry, outperforming 66.67% of the companies in the same industry.
BCE-PR-B's Operating Margin has been stable in the last couple of years.
The Gross Margin of BCE-PR-B (67.92%) is better than 70.00% of its industry peers.
BCE-PR-B's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE-PR-B is creating some value.
BCE-PR-B has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BCE-PR-B has more shares outstanding
BCE-PR-B has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.59, we must say that BCE-PR-B is in the distress zone and has some risk of bankruptcy.
BCE-PR-B has a Altman-Z score of 0.59. This is in the lower half of the industry: BCE-PR-B underperforms 63.33% of its industry peers.
The Debt to FCF ratio of BCE-PR-B is 10.36, which is on the high side as it means it would take BCE-PR-B, 10.36 years of fcf income to pay off all of its debts.
BCE-PR-B has a better Debt to FCF ratio (10.36) than 66.67% 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.
The Debt to Equity ratio of BCE-PR-B (1.57) is better than 73.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 10.36 | ||
| Altman-Z | 0.59 |
ROIC/WACC1.06
WACC4.27%
2.3 Liquidity
A Current Ratio of 0.58 indicates that BCE-PR-B may have some problems paying its short term obligations.
BCE-PR-B's Current ratio of 0.58 is fine compared to the rest of the industry. BCE-PR-B outperforms 63.33% of its industry peers.
A Quick Ratio of 0.55 indicates that BCE-PR-B may have some problems paying 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 63.33% 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%.
Measured over the past years, BCE-PR-B shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.78% on average per year.
Looking at the last year, BCE-PR-B shows a small growth in Revenue. The Revenue has grown by 0.11% in the last year.
Measured over the past years, BCE-PR-B shows a small growth in Revenue. The Revenue has been growing by 0.51% on average per year.
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
BCE-PR-B is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.21% yearly.
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-9.15%
EPS Next 2Y-5.41%
EPS Next 3Y-3.3%
EPS Next 5Y1.21%
Revenue Next Year1.43%
Revenue Next 2Y2.23%
Revenue Next 3Y1.9%
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
With a Price/Earnings ratio of 7.02, the valuation of BCE-PR-B can be described as very cheap.
Based on the Price/Earnings ratio, BCE-PR-B is valued a bit cheaper than 80.00% of the companies in the same industry.
BCE-PR-B's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.19.
Based on the Price/Forward Earnings ratio of 7.48, the valuation of BCE-PR-B can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BCE-PR-B indicates a somewhat cheap valuation: BCE-PR-B is cheaper than 76.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.88, BCE-PR-B is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 7.48 |
4.2 Price Multiples
BCE-PR-B's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BCE-PR-B is cheaper than 73.33% of the companies in the same industry.
BCE-PR-B's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BCE-PR-B is cheaper than 76.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.8 | ||
| EV/EBITDA | 5.61 |
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 -3.30% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.41%
EPS Next 3Y-3.3%
5. Dividend
5.1 Amount
BCE-PR-B has a Yearly Dividend Yield of 5.32%, which is a nice return.
BCE-PR-B's Dividend Yield is slightly below the industry average, which is at 4.61.
Compared to an average S&P500 Dividend Yield of 1.90, BCE-PR-B pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.32% |
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-3.3%
TSX:BCE-PR-B (1/9/2026, 7:00:00 PM)
20.35
+0.05 (+0.25%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners47.26%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap18.98B
Revenue(TTM)24.49B
Net Income(TTM)6.17B
Analysts67.27
Price Target23.13 (13.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.32% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
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)5.19%
PT rev (3m)8.09%
EPS NQ rev (1m)0.28%
EPS NQ rev (3m)-0.42%
EPS NY rev (1m)-0.51%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)-0.14%
Revenue NQ rev (3m)0.21%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 7.48 | ||
| P/S | 0.78 | ||
| P/FCF | 4.8 | ||
| P/OCF | 2.6 | ||
| P/B | 0.84 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.61 |
EPS(TTM)2.9
EY14.25%
EPS(NY)2.72
Fwd EY13.37%
FCF(TTM)4.24
FCFY20.84%
OCF(TTM)7.83
OCFY38.49%
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 | 0.59 |
F-Score6
WACC4.27%
ROIC/WACC1.06
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-9.15%
EPS Next 2Y-5.41%
EPS Next 3Y-3.3%
EPS Next 5Y1.21%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.31%
Revenue Next Year1.43%
Revenue Next 2Y2.23%
Revenue Next 3Y1.9%
Revenue Next 5Y2.13%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.99%
EBIT Next 3Y26.65%
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 for BCE-PR-B stock?
ChartMill assigns a valuation rating of 6 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA). This can be considered as Fairly Valued.
What is the profitability of BCE-PR-B stock?
BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) has a profitability rating of 6 / 10.
What is the valuation of BCE INC - BCECN 4.45 PERP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) is 7.02 and the Price/Book (PB) ratio is 0.84.
What is the earnings growth outlook for BCE INC - BCECN 4.45 PERP?
The Earnings per Share (EPS) of BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) is expected to decline by -9.15% in the next year.