BCE INC - BCECN 4.45 PERP (BCE-PR-D.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:BCE-PR-D • CA05534B6879

20.68 CAD
-0.06 (-0.29%)
Last: Jan 29, 2026, 07:00 PM
Fundamental Rating

5

BCE-PR-D gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 30 industry peers in the Diversified Telecommunication Services industry. While BCE-PR-D is still in line with the averages on profitability rating, there are concerns on its financial health. BCE-PR-D has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • BCE-PR-D had positive earnings in the past year.
  • BCE-PR-D had a positive operating cash flow in the past year.
  • In the past 5 years BCE-PR-D has always been profitable.
  • In the past 5 years BCE-PR-D always reported a positive cash flow from operatings.
BCE-PR-D.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-D.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

1.2 Ratios

  • BCE-PR-D has a better Return On Assets (7.85%) than 80.00% of its industry peers.
  • BCE-PR-D has a better Return On Equity (27.48%) than 73.33% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 4.52%, BCE-PR-D is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
  • BCE-PR-D had an Average Return On Invested Capital over the past 3 years of 4.90%. This is in line with the industry average of 5.00%.
Industry RankSector 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%
BCE-PR-D.CA Yearly ROA, ROE, ROICBCE-PR-D.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • With a decent Profit Margin value of 25.21%, BCE-PR-D is doing good in the industry, outperforming 80.00% of the companies in the same industry.
  • BCE-PR-D's Profit Margin has declined in the last couple of years.
  • BCE-PR-D has a Operating Margin of 22.38%. This is in the better half of the industry: BCE-PR-D outperforms 66.67% of its industry peers.
  • BCE-PR-D's Operating Margin has been stable in the last couple of years.
  • The Gross Margin of BCE-PR-D (67.92%) is better than 70.00% of its industry peers.
  • In the last couple of years the Gross Margin of BCE-PR-D has remained more or less at the same level.
Industry RankSector 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%
BCE-PR-D.CA Yearly Profit, Operating, Gross MarginsBCE-PR-D.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

3

2. Health

2.1 Basic Checks

  • BCE-PR-D has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, BCE-PR-D has about the same amount of shares outstanding.
  • BCE-PR-D has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BCE-PR-D is higher compared to a year ago.
BCE-PR-D.CA Yearly Shares OutstandingBCE-PR-D.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-D.CA Yearly Total Debt VS Total AssetsBCE-PR-D.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

  • BCE-PR-D has an Altman-Z score of 0.60. This is a bad value and indicates that BCE-PR-D is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of BCE-PR-D (0.60) is worse than 63.33% of its industry peers.
  • BCE-PR-D has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-D would need 10.36 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 10.36, BCE-PR-D is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • BCE-PR-D has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.57, BCE-PR-D is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.6
ROIC/WACC1.04
WACC4.36%
BCE-PR-D.CA Yearly LT Debt VS Equity VS FCFBCE-PR-D.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.3 Liquidity

  • A Current Ratio of 0.58 indicates that BCE-PR-D may have some problems paying its short term obligations.
  • BCE-PR-D has a Current ratio of 0.58. This is in the better half of the industry: BCE-PR-D outperforms 63.33% of its industry peers.
  • BCE-PR-D has a Quick Ratio of 0.58. This is a bad value and indicates that BCE-PR-D is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BCE-PR-D has a better Quick ratio (0.55) than 63.33% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-D.CA Yearly Current Assets VS Current LiabilitesBCE-PR-D.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B

4

3. Growth

3.1 Past

  • BCE-PR-D 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.
  • Looking at the last year, BCE-PR-D shows a small growth in Revenue. The Revenue has grown by 0.11% in the last 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

  • BCE-PR-D is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.73% yearly.
  • The Revenue is expected to grow by 1.65% on average over the next years.
EPS Next Y-9.1%
EPS Next 2Y-5.62%
EPS Next 3Y-3.12%
EPS Next 5Y0.73%
Revenue Next Year1.43%
Revenue Next 2Y2.23%
Revenue Next 3Y1.9%
Revenue Next 5Y1.65%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
BCE-PR-D.CA Yearly Revenue VS EstimatesBCE-PR-D.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10B 20B 30B
BCE-PR-D.CA Yearly EPS VS EstimatesBCE-PR-D.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3

6

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 7.13 indicates a rather cheap valuation of BCE-PR-D.
  • Compared to the rest of the industry, the Price/Earnings ratio of BCE-PR-D indicates a somewhat cheap valuation: BCE-PR-D is cheaper than 80.00% of the companies listed in the same industry.
  • BCE-PR-D's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.39.
  • A Price/Forward Earnings ratio of 7.64 indicates a rather cheap valuation of BCE-PR-D.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BCE-PR-D indicates a somewhat cheap valuation: BCE-PR-D is cheaper than 73.33% of the companies listed in the same industry.
  • BCE-PR-D is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.72, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.13
Fwd PE 7.64
BCE-PR-D.CA Price Earnings VS Forward Price EarningsBCE-PR-D.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BCE-PR-D is valued a bit cheaper than 73.33% of the companies in the same industry.
  • 76.67% of the companies in the same industry are more expensive than BCE-PR-D, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 4.88
EV/EBITDA 5.64
BCE-PR-D.CA Per share dataBCE-PR-D.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • BCE-PR-D has a very decent profitability rating, which may justify a higher PE ratio.
  • A cheap valuation may be justified as BCE-PR-D's earnings are expected to decrease with -3.12% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.62%
EPS Next 3Y-3.12%

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 6.15%, BCE-PR-D is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 5.16, BCE-PR-D has a dividend in line with its industry peers.
  • BCE-PR-D's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 6.15%

5.2 History

  • The dividend of BCE-PR-D has a limited annual growth rate of 4.82%.
  • BCE-PR-D 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
BCE-PR-D.CA Yearly Dividends per shareBCE-PR-D.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

  • 43.52% of the earnings are spent on dividend by BCE-PR-D. This is a bit on the high side, but may be sustainable.
  • The dividend of BCE-PR-D is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP43.52%
EPS Next 2Y-5.62%
EPS Next 3Y-3.12%
BCE-PR-D.CA Yearly Income VS Free CF VS DividendBCE-PR-D.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B
BCE-PR-D.CA Dividend Payout.BCE-PR-D.CA Dividend Payout, showing the Payout Ratio.BCE-PR-D.CA Dividend Payout.PayoutRetained Earnings

BCE INC - BCECN 4.45 PERP / BCE-PR-D.CA FAQ

What is the ChartMill fundamental rating of BCE INC - BCECN 4.45 PERP (BCE-PR-D.CA) stock?

ChartMill assigns a fundamental rating of 4 / 10 to BCE-PR-D.CA.


What is the valuation status of BCE INC - BCECN 4.45 PERP (BCE-PR-D.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-D.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for BCE INC - BCECN 4.45 PERP?

BCE INC - BCECN 4.45 PERP (BCE-PR-D.CA) has a profitability rating of 5 / 10.


Can you provide the expected EPS growth for BCE-PR-D stock?

The Earnings per Share (EPS) of BCE INC - BCECN 4.45 PERP (BCE-PR-D.CA) is expected to decline by -9.1% in the next year.


How sustainable is the dividend of BCE INC - BCECN 4.45 PERP (BCE-PR-D.CA) stock?

The dividend rating of BCE INC - BCECN 4.45 PERP (BCE-PR-D.CA) is 6 / 10 and the dividend payout ratio is 43.52%.