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

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

20.63 CAD
+0.06 (+0.29%)
Last: Feb 6, 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. There are concerns on the financial health of BCE-PR-D while its profitability can be described as average. BCE-PR-D is valued quite cheap, while showing a decent growth score. This is a good combination!


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.
  • 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

  • Looking at the Return On Assets, with a value of 7.85%, BCE-PR-D belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • BCE-PR-D has a better Return On Equity (27.48%) than 80.00% of its industry peers.
  • With a decent Return On Invested Capital value of 4.52%, BCE-PR-D is doing good in the industry, outperforming 70.00% 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

  • BCE-PR-D has a Profit Margin of 25.21%. This is amongst the best in the industry. BCE-PR-D outperforms 86.67% of its industry peers.
  • In the last couple of years the Profit Margin of BCE-PR-D has declined.
  • With a decent Operating Margin value of 22.38%, BCE-PR-D is doing good in the industry, outperforming 73.33% of the companies in the same industry.
  • In the last couple of years the Operating Margin of BCE-PR-D has remained more or less at the same level.
  • With a decent Gross Margin value of 67.92%, BCE-PR-D is doing good in the industry, outperforming 76.67% of the companies in the same industry.
  • 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

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE-PR-D is creating some value.
  • BCE-PR-D has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the 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 0.60, we must say that BCE-PR-D is in the distress zone and has some risk of bankruptcy.
  • BCE-PR-D has a worse Altman-Z score (0.60) than 70.00% 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.
  • The Debt to FCF ratio of BCE-PR-D (10.36) is better than 73.33% of its industry peers.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-D has dependencies on debt financing.
  • The Debt to Equity ratio of BCE-PR-D (1.57) is better than 80.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.6
ROIC/WACC1.04
WACC4.35%
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.
  • Looking at the Current ratio, with a value of 0.58, BCE-PR-D is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
  • A Quick Ratio of 0.55 indicates that BCE-PR-D may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.55, BCE-PR-D is in the better half of the industry, outperforming 70.00% 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

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

7

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.11, the valuation of BCE-PR-D can be described as very cheap.
  • 86.67% of the companies in the same industry are more expensive than BCE-PR-D, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.92. BCE-PR-D is valued rather cheaply when compared to this.
  • BCE-PR-D is valuated cheaply with a Price/Forward Earnings ratio of 7.62.
  • 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 80.00% of the companies listed in the same industry.
  • BCE-PR-D is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.78, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.11
Fwd PE 7.62
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

  • BCE-PR-D's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BCE-PR-D is cheaper than 80.00% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, BCE-PR-D is valued cheaper than 83.33% of the companies in the same industry.
Industry RankSector Rank
P/FCF 4.86
EV/EBITDA 5.63
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

  • The decent profitability rating of BCE-PR-D 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

  • BCE-PR-D has a Yearly Dividend Yield of 5.00%, which is a nice return.
  • BCE-PR-D's Dividend Yield is slightly below the industry average, which is at 4.45.
  • BCE-PR-D's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 5%

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.
  • BCE-PR-D's earnings are growing slower than its dividend. 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

TSX:BCE-PR-D (2/6/2026, 7:00:00 PM)

20.63

+0.06 (+0.29%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05
Earnings (Next)05-06
Inst Owners47.26%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap19.24B
Revenue(TTM)24.49B
Net Income(TTM)6.17B
Analysts67.27
Price Target21.92 (6.25%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5%
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-30
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)0%
PT rev (3m)5.38%
EPS NQ rev (1m)-1.34%
EPS NQ rev (3m)-2.69%
EPS NY rev (1m)0.06%
EPS NY rev (3m)1.68%
Revenue NQ rev (1m)-0.45%
Revenue NQ rev (3m)-0.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
Industry RankSector Rank
PE 7.11
Fwd PE 7.62
P/S 0.79
P/FCF 4.86
P/OCF 2.63
P/B 0.86
P/tB N/A
EV/EBITDA 5.63
EPS(TTM)2.9
EY14.06%
EPS(NY)2.71
Fwd EY13.13%
FCF(TTM)4.24
FCFY20.56%
OCF(TTM)7.83
OCFY37.97%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number39.64
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 0.6
F-Score6
WACC4.35%
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)-3.65%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%5.33%
EPS Next Y-9.1%
EPS Next 2Y-5.62%
EPS Next 3Y-3.12%
EPS Next 5Y0.73%
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 5Y1.65%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.99%
EBIT Next 3Y26.65%
EBIT Next 5Y16.09%
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 7 / 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 7 / 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 5 / 10 and the dividend payout ratio is 43.52%.