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

Canada • Toronto Stock Exchange • TSX:BCE-PR-E • CA05534B7521

20.65 CAD
+0.1 (+0.49%)
Last: Feb 9, 2026, 07:00 PM
Fundamental Rating

4

BCE-PR-E gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 30 industry peers in the Diversified Telecommunication Services industry. While BCE-PR-E is still in line with the averages on profitability rating, there are concerns on its financial health. BCE-PR-E is valued quite cheap, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • BCE-PR-E had positive earnings in the past year.
  • In the past year BCE-PR-E had a positive cash flow from operations.
  • Of the past 5 years BCE-PR-E 4 years were profitable.
  • Of the past 5 years BCE-PR-E 4 years had a positive operating cash flow.
BCE-PR-E.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-E.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-E belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • BCE-PR-E has a Return On Equity of 27.48%. This is in the better half of the industry: BCE-PR-E outperforms 80.00% of its industry peers.
  • The Return On Invested Capital of BCE-PR-E (4.52%) is better than 70.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for BCE-PR-E 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-E.CA Yearly ROA, ROE, ROICBCE-PR-E.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 25.21%, BCE-PR-E belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BCE-PR-E has declined.
  • BCE-PR-E has a better Operating Margin (22.38%) than 73.33% of its industry peers.
  • In the last couple of years the Operating Margin of BCE-PR-E has remained more or less at the same level.
  • BCE-PR-E's Gross Margin of 67.92% is fine compared to the rest of the industry. BCE-PR-E outperforms 76.67% of its industry peers.
  • BCE-PR-E'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-E.CA Yearly Profit, Operating, Gross MarginsBCE-PR-E.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

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BCE-PR-E is still creating some value.
  • There is no outstanding debt for BCE-PR-E. 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-E.CA Yearly Shares OutstandingBCE-PR-E.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-E.CA Yearly Total Debt VS Total AssetsBCE-PR-E.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-E is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of BCE-PR-E (0.60) is worse than 70.00% of its industry peers.
  • BCE-PR-E has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-E would need 10.36 years to pay back of all of its debts.
  • The Debt to FCF ratio of BCE-PR-E (10.36) is better than 73.33% of its industry peers.
  • BCE-PR-E has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
  • With a decent Debt to Equity ratio value of 1.57, BCE-PR-E is doing good in the industry, outperforming 80.00% 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-E.CA Yearly LT Debt VS Equity VS FCFBCE-PR-E.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-E may have some problems paying its short term obligations.
  • BCE-PR-E has a Current ratio of 0.58. This is in the better half of the industry: BCE-PR-E outperforms 70.00% of its industry peers.
  • A Quick Ratio of 0.55 indicates that BCE-PR-E may have some problems paying its short term obligations.
  • With a decent Quick ratio value of 0.55, BCE-PR-E is doing good in 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-E.CA Yearly Current Assets VS Current LiabilitesBCE-PR-E.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. Growth

3.1 Past

  • The earnings per share for BCE-PR-E have decreased by -8.54% in the last year.
  • The Earnings Per Share has been decreasing by -1.70% on average over the past years.
EPS 1Y (TTM)-8.54%
EPS 3Y-6.02%
EPS 5Y-1.7%
EPS Q2Q%-15.12%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.11%

3.2 Future

  • The Earnings Per Share is expected to grow by 3.19% on average over the next years.
  • The Revenue is expected to grow by 2.37% on average over the next years.
EPS Next Y-2.61%
EPS Next 2Y-0.3%
EPS Next 3Y3.57%
EPS Next 5Y3.19%
Revenue Next Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y2.37%

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-E.CA Yearly Revenue VS EstimatesBCE-PR-E.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-E.CA Yearly EPS VS EstimatesBCE-PR-E.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

  • The Price/Earnings ratio is 7.43, which indicates a rather cheap valuation of BCE-PR-E.
  • BCE-PR-E's Price/Earnings ratio is rather cheap when compared to the industry. BCE-PR-E is cheaper than 86.67% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.06, BCE-PR-E is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 7.63, the valuation of BCE-PR-E can be described as very cheap.
  • Based on the Price/Forward Earnings ratio, BCE-PR-E is valued a bit cheaper than 80.00% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.86. BCE-PR-E is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.43
Fwd PE 7.63
BCE-PR-E.CA Price Earnings VS Forward Price EarningsBCE-PR-E.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-E is valued a bit cheaper than 80.00% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BCE-PR-E indicates a rather cheap valuation: BCE-PR-E is cheaper than 83.33% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 4.87
EV/EBITDA 5.64
BCE-PR-E.CA Per share dataBCE-PR-E.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-E may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.3%
EPS Next 3Y3.57%

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.00%, BCE-PR-E is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 4.35, BCE-PR-E is paying slightly less dividend.
  • BCE-PR-E's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 5%

5.2 History

  • The dividend of BCE-PR-E has a limited annual growth rate of 4.82%.
  • BCE-PR-E 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-E.CA Yearly Dividends per shareBCE-PR-E.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

  • BCE-PR-E pays out 43.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • The dividend of BCE-PR-E is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP43.52%
EPS Next 2Y-0.3%
EPS Next 3Y3.57%
BCE-PR-E.CA Yearly Income VS Free CF VS DividendBCE-PR-E.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-E.CA Dividend Payout.BCE-PR-E.CA Dividend Payout, showing the Payout Ratio.BCE-PR-E.CA Dividend Payout.PayoutRetained Earnings

BCE INC - BCECN 4.45 PERP

TSX:BCE-PR-E (2/9/2026, 7:00:00 PM)

20.65

+0.1 (+0.49%)

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 Cap19.26B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts67.27
Price Target21.99 (6.49%)
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)-4.98%
PT rev (3m)10.74%
EPS NQ rev (1m)-1.53%
EPS NQ rev (3m)-2.88%
EPS NY rev (1m)0.06%
EPS NY rev (3m)1.68%
Revenue NQ rev (1m)-0.21%
Revenue NQ rev (3m)0.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
Industry RankSector Rank
PE 7.43
Fwd PE 7.63
P/S 0.79
P/FCF 4.87
P/OCF 2.64
P/B 0.86
P/tB N/A
EV/EBITDA 5.64
EPS(TTM)2.78
EY13.46%
EPS(NY)2.71
Fwd EY13.11%
FCF(TTM)4.24
FCFY20.54%
OCF(TTM)7.83
OCFY37.93%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.81
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
WACC4.36%
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)-8.54%
EPS 3Y-6.02%
EPS 5Y-1.7%
EPS Q2Q%-15.12%
EPS Next Y-2.61%
EPS Next 2Y-0.3%
EPS Next 3Y3.57%
EPS Next 5Y3.19%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.11%
Revenue Next Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y2.37%
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-E.CA FAQ

Can you provide the ChartMill fundamental rating for BCE INC - BCECN 4.45 PERP?

ChartMill assigns a fundamental rating of 5 / 10 to BCE-PR-E.CA.


What is the valuation status for BCE-PR-E stock?

ChartMill assigns a valuation rating of 8 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-E.CA). This can be considered as Undervalued.


How profitable is BCE INC - BCECN 4.45 PERP (BCE-PR-E.CA) stock?

BCE INC - BCECN 4.45 PERP (BCE-PR-E.CA) has a profitability rating of 6 / 10.


How financially healthy is BCE INC - BCECN 4.45 PERP?

The financial health rating of BCE INC - BCECN 4.45 PERP (BCE-PR-E.CA) is 3 / 10.


Is the dividend of BCE INC - BCECN 4.45 PERP sustainable?

The dividend rating of BCE INC - BCECN 4.45 PERP (BCE-PR-E.CA) is 5 / 10 and the dividend payout ratio is 43.52%.