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

TSX:BCE-PR-D • CA05534B6879

20.25 CAD
-0.09 (-0.44%)
Last: Mar 11, 2026, 07:00 PM

This BCE-PR-D.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to BCE-PR-D. BCE-PR-D was compared to 27 industry peers in the Diversified Telecommunication Services industry. BCE-PR-D has a medium profitability rating, but doesn't score so well on its financial health evaluation. BCE-PR-D has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

6

1. BCE-PR-D.CA Profitability Analysis

1.1 Basic Checks

  • BCE-PR-D had positive earnings in the past year.
  • In the past year BCE-PR-D had a positive cash flow from operations.
  • Of the past 5 years BCE-PR-D 4 years were profitable.
  • Of the past 5 years BCE-PR-D 4 years had a positive operating cash flow.
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 85.19% of its industry peers.
  • BCE-PR-D has a Return On Equity of 27.48%. This is in the better half of the industry: BCE-PR-D outperforms 77.78% of its industry peers.
  • BCE-PR-D has a better Return On Invested Capital (4.52%) than 70.37% of its industry peers.
  • 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 5.06%.
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

  • BCE-PR-D has a better Profit Margin (25.21%) than 85.19% of its industry peers.
  • 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 70.37% 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 74.07% of its industry peers.
  • BCE-PR-D's Gross Margin has been stable in the last couple of years.
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. BCE-PR-D.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BCE-PR-D is still creating some value.
  • There is no outstanding debt for BCE-PR-D. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
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

  • Based on the Altman-Z score of 0.59, we must say that BCE-PR-D is in the distress zone and has some risk of bankruptcy.
  • With a Altman-Z score value of 0.59, BCE-PR-D is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
  • The Debt to FCF ratio of BCE-PR-D is 10.36, which is on the high side as it means it would take BCE-PR-D, 10.36 years of fcf income to pay off 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 70.37% 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.
  • BCE-PR-D has a Debt to Equity ratio of 1.57. This is in the better half of the industry: BCE-PR-D outperforms 77.78% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.59
ROIC/WACC1.04
WACC4.34%
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

  • BCE-PR-D has a Current 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.
  • Looking at the Current ratio, with a value of 0.58, BCE-PR-D is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
  • 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.
  • With a decent Quick ratio value of 0.55, BCE-PR-D is doing good in the industry, outperforming 66.67% of the companies in the same industry.
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

2

3. BCE-PR-D.CA Growth Analysis

3.1 Past

  • BCE-PR-D shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.89%.
  • BCE-PR-D shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.57% yearly.
EPS 1Y (TTM)-7.89%
EPS 3Y-5.8%
EPS 5Y-1.57%
EPS Q2Q%-12.66%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%

3.2 Future

  • Based on estimates for the next years, BCE-PR-D will show a small growth in Earnings Per Share. The EPS will grow by 5.39% on average per year.
  • The Revenue is expected to grow by 1.68% on average over the next years.
EPS Next Y-7.27%
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
EPS Next 5Y5.39%
Revenue Next Year2.27%
Revenue Next 2Y1.8%
Revenue Next 3Y1.53%
Revenue Next 5Y1.68%

3.3 Evolution

  • The EPS 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 2030 1 2 3

8

4. BCE-PR-D.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.23, the valuation of BCE-PR-D can be described as very cheap.
  • BCE-PR-D's Price/Earnings ratio is rather cheap when compared to the industry. BCE-PR-D is cheaper than 85.19% of the companies 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 26.15.
  • A Price/Forward Earnings ratio of 7.80 indicates a rather cheap valuation of BCE-PR-D.
  • BCE-PR-D's Price/Forward Earnings ratio is rather cheap when compared to the industry. BCE-PR-D is cheaper than 81.48% of the companies in the same industry.
  • BCE-PR-D is valuated cheaply when we compare the Price/Forward Earnings ratio to 24.27, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.23
Fwd PE 7.8
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 77.78% of the companies in the same industry.
  • 81.48% 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 4.77
EV/EBITDA 5.61
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.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.8%
EPS Next 3Y0.01%

6

5. BCE-PR-D.CA Dividend Analysis

5.1 Amount

  • BCE-PR-D has a Yearly Dividend Yield of 4.92%, which is a nice return.
  • BCE-PR-D's Dividend Yield is comparable with the industry average which is at 4.21.
  • 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 4.92%

5.2 History

  • The dividend of BCE-PR-D has a limited annual growth rate of 4.82%.
  • BCE-PR-D has paid a dividend for at least 10 years, which is 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 2026 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 around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP43.52%
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
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-PR-D.CA Fundamentals: All Metrics, Ratios and Statistics

BCE INC - BCECN 4.45 PERP

TSX:BCE-PR-D (3/11/2026, 7:00:00 PM)

20.25

-0.09 (-0.44%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05
Earnings (Next)05-06
Inst Owners51.76%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap18.88B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts67.62
Price Target21.62 (6.77%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.92%
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-27
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)-1.38%
PT rev (3m)-1.76%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.26%
EPS NY rev (1m)-0.08%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.35%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-0.15%
Valuation
Industry RankSector Rank
PE 7.23
Fwd PE 7.8
P/S 0.77
P/FCF 4.77
P/OCF 2.59
P/B 0.84
P/tB N/A
EV/EBITDA 5.61
EPS(TTM)2.8
EY13.83%
EPS(NY)2.6
Fwd EY12.82%
FCF(TTM)4.24
FCFY20.94%
OCF(TTM)7.83
OCFY38.68%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.95
Profitability
Industry RankSector 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 RankSector 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
WACC4.34%
ROIC/WACC1.04
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)-7.89%
EPS 3Y-5.8%
EPS 5Y-1.57%
EPS Q2Q%-12.66%
EPS Next Y-7.27%
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
EPS Next 5Y5.39%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%
Revenue Next Year2.27%
Revenue Next 2Y1.8%
Revenue Next 3Y1.53%
Revenue Next 5Y1.68%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.65%
EBIT Next 3Y26.26%
EBIT Next 5Y16.03%
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-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 5 / 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 8 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-D.CA). This can be considered as Undervalued.


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 6 / 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 -7.27% 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%.