BCE INC - BCECN 5.08 PERP (BCE-PR-C.CA) Stock Fundamental Analysis
Canada - TSX:BCE-PR-C - CA05534B7869
19.67 CAD
-0.08 (-0.41%)
We assign a fundamental rating of 3 out of 10 to BCE-PR-C. BCE-PR-C was compared to 29 industry peers in the Diversified Telecommunication Services industry. BCE-PR-C has a medium profitability rating, but doesn't score so well on its financial health evaluation. BCE-PR-C has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
BCE-PR-C had positive earnings in the past year.
In the past year BCE-PR-C had a positive cash flow from operations.
In the past 5 years BCE-PR-C has always been profitable.
BCE-PR-C had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
BCE-PR-C has a Return On Assets of 0.61%. This is in the lower half of the industry: BCE-PR-C underperforms 65.52% of its industry peers.
BCE-PR-C's Return On Equity of 2.40% is on the low side compared to the rest of the industry. BCE-PR-C is outperformed by 65.52% of its industry peers.
The Return On Invested Capital of BCE-PR-C (5.04%) is worse than 62.07% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BCE-PR-C is in line with the industry average of 5.46%.
The 3 year average ROIC (4.90%) for BCE-PR-C is below the current ROIC(5.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 2.4% | ||
| ROIC | 5.04% |
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
With a Profit Margin value of 1.77%, BCE-PR-C is not doing good in the industry: 65.52% of the companies in the same industry are doing better.
BCE-PR-C's Profit Margin has declined in the last couple of years.
The Operating Margin of BCE-PR-C (22.50%) is worse than 65.52% of its industry peers.
In the last couple of years the Operating Margin of BCE-PR-C has remained more or less at the same level.
BCE-PR-C's Gross Margin of 67.94% is in line compared to the rest of the industry. BCE-PR-C outperforms 41.38% of its industry peers.
BCE-PR-C's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.5% | ||
| PM (TTM) | 1.77% | ||
| GM | 67.94% |
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-C is creating some value.
BCE-PR-C has about the same amout of shares outstanding than it did 1 year ago.
BCE-PR-C has more shares outstanding than it did 5 years ago.
BCE-PR-C has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.57, we must say that BCE-PR-C is in the distress zone and has some risk of bankruptcy.
BCE-PR-C has a better Altman-Z score (0.57) than 65.52% of its industry peers.
BCE-PR-C has a debt to FCF ratio of 9.25. This is a negative value and a sign of low solvency as BCE-PR-C would need 9.25 years to pay back of all of its debts.
BCE-PR-C has a Debt to FCF ratio of 9.25. This is in the lower half of the industry: BCE-PR-C underperforms 62.07% of its industry peers.
A Debt/Equity ratio of 1.80 is on the high side and indicates that BCE-PR-C has dependencies on debt financing.
BCE-PR-C has a Debt to Equity ratio (1.80) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 0.57 |
ROIC/WACC1.16
WACC4.33%
2.3 Liquidity
BCE-PR-C has a Current Ratio of 0.61. This is a bad value and indicates that BCE-PR-C is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.61, BCE-PR-C is doing worse than 65.52% of the companies in the same industry.
BCE-PR-C has a Quick Ratio of 0.61. This is a bad value and indicates that BCE-PR-C is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of BCE-PR-C (0.57) is worse than 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The earnings per share for BCE-PR-C have decreased by -6.84% in the last year.
BCE-PR-C shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.78% yearly.
BCE-PR-C shows a decrease in Revenue. In the last year, the revenue decreased by -0.66%.
Measured over the past years, BCE-PR-C shows a small growth in Revenue. The Revenue has been growing by 0.51% on average per year.
EPS 1Y (TTM)-6.84%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%-19.23%
Revenue 1Y (TTM)-0.66%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.33%
3.2 Future
The Earnings Per Share is expected to grow by 1.20% on average over the next years.
BCE-PR-C is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.08% yearly.
EPS Next Y-10.34%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
EPS Next 5Y1.2%
Revenue Next Year1.62%
Revenue Next 2Y2.23%
Revenue Next 3Y1.77%
Revenue Next 5Y2.08%
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
The Price/Earnings ratio is 6.88, which indicates a rather cheap valuation of BCE-PR-C.
BCE-PR-C's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.38, BCE-PR-C is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.15, the valuation of BCE-PR-C can be described as very cheap.
BCE-PR-C's Price/Forward Earnings ratio is in line with the industry average.
BCE-PR-C is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.86, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.88 | ||
| Fwd PE | 7.15 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BCE-PR-C is on the same level as its industry peers.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BCE-PR-C is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.52 | ||
| EV/EBITDA | 5.25 |
4.3 Compensation for Growth
A cheap valuation may be justified as BCE-PR-C's earnings are expected to decrease with -3.11% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
5. Dividend
5.1 Amount
BCE-PR-C has a Yearly Dividend Yield of 7.46%, which is a nice return.
Compared to an average industry Dividend Yield of 7.00, BCE-PR-C pays a bit more dividend than its industry peers.
BCE-PR-C's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.46% |
5.2 History
The dividend of BCE-PR-C has a limited annual growth rate of 4.82%.
BCE-PR-C has paid a dividend for at least 10 years, which is a reliable track record.
BCE-PR-C has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years2
Div Non Decr Years10
5.3 Sustainability
739.72% of the earnings are spent on dividend by BCE-PR-C. This is not a sustainable payout ratio.
BCE-PR-C's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP739.72%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
TSX:BCE-PR-C (9/19/2025, 7:00:00 PM)
19.67
-0.08 (-0.41%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners47.35%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap18.34B
Analysts55
Price Target21.24 (7.98%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.46% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP739.72%
Div Incr Years2
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.79%
Min EPS beat(2)-12.22%
Max EPS beat(2)10.64%
EPS beat(4)2
Avg EPS beat(4)0.98%
Min EPS beat(4)-12.22%
Max EPS beat(4)10.64%
EPS beat(8)4
Avg EPS beat(8)0.86%
EPS beat(12)6
Avg EPS beat(12)1.28%
EPS beat(16)9
Avg EPS beat(16)1.85%
Revenue beat(2)1
Avg Revenue beat(2)0.21%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)1.28%
Revenue beat(4)2
Avg Revenue beat(4)-0.35%
Min Revenue beat(4)-1.99%
Max Revenue beat(4)1.28%
Revenue beat(8)2
Avg Revenue beat(8)-0.99%
Revenue beat(12)3
Avg Revenue beat(12)-0.8%
Revenue beat(16)3
Avg Revenue beat(16)-0.98%
PT rev (1m)2.39%
PT rev (3m)2.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.67%
EPS NY rev (1m)-1.49%
EPS NY rev (3m)-1.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.45%
Revenue NY rev (1m)1.87%
Revenue NY rev (3m)1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.88 | ||
| Fwd PE | 7.15 | ||
| P/S | 0.75 | ||
| P/FCF | 4.52 | ||
| P/OCF | 2.45 | ||
| P/B | 1.02 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.25 |
EPS(TTM)2.86
EY14.54%
EPS(NY)2.75
Fwd EY13.99%
FCF(TTM)4.36
FCFY22.14%
OCF(TTM)8.03
OCFY40.8%
SpS26.17
BVpS19.37
TBVpS-9.48
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 2.4% | ||
| ROCE | 9.22% | ||
| ROIC | 5.04% | ||
| ROICexc | 5.09% | ||
| ROICexgc | 9.35% | ||
| OM | 22.5% | ||
| PM (TTM) | 1.77% | ||
| GM | 67.94% | ||
| FCFM | 16.64% |
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%
ROICexcg growth 3Y1.14%
ROICexcg 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-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Debt/EBITDA | 3.08 | ||
| Cap/Depr | 67.52% | ||
| Cap/Sales | 14.02% | ||
| Interest Coverage | 3.06 | ||
| Cash Conversion | 70.88% | ||
| Profit Quality | 938.11% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.57 |
F-Score5
WACC4.33%
ROIC/WACC1.16
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)-6.84%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%-19.23%
EPS Next Y-10.34%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
EPS Next 5Y1.2%
Revenue 1Y (TTM)-0.66%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.33%
Revenue Next Year1.62%
Revenue Next 2Y2.23%
Revenue Next 3Y1.77%
Revenue Next 5Y2.08%
EBIT growth 1Y0.22%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year91.5%
EBIT Next 3Y25.46%
EBIT Next 5Y15.66%
FCF growth 1Y117.69%
FCF growth 3Y-4.23%
FCF growth 5Y-6.84%
OCF growth 1Y3.74%
OCF growth 3Y-3.43%
OCF growth 5Y-1.95%