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

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

20.75 CAD
+0.09 (+0.44%)
Last: Jan 29, 2026, 07:00 PM
Fundamental Rating

4

Taking everything into account, BCE-PR-E scores 4 out of 10 in our fundamental rating. BCE-PR-E was compared to 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 not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

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.
  • BCE-PR-E had positive earnings in each of the past 5 years.
  • BCE-PR-E had a positive operating cash flow in each of the past 5 years.
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

  • With a Return On Assets value of 7.85%, BCE-PR-E perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
  • With a Return On Equity value of 27.48%, BCE-PR-E perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
  • The Return On Invested Capital of BCE-PR-E (4.52%) is comparable to the rest of the industry.
  • 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

  • BCE-PR-E's Profit Margin of 25.21% is in line compared to the rest of the industry. BCE-PR-E outperforms 60.00% of its industry peers.
  • In the last couple of years the Profit Margin of BCE-PR-E has declined.
  • BCE-PR-E has a Operating Margin (22.38%) which is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of BCE-PR-E has remained more or less at the same level.
  • With a Gross Margin value of 67.92%, BCE-PR-E perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of BCE-PR-E 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-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

2

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.
  • The number of shares outstanding for BCE-PR-E remains at a similar level compared to 1 year ago.
  • BCE-PR-E has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BCE-PR-E is higher compared to a year ago.
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

  • BCE-PR-E has an Altman-Z score of 0.60. This is a bad value and indicates that BCE-PR-E is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of BCE-PR-E (0.60) is comparable to the rest of the industry.
  • The Debt to FCF ratio of BCE-PR-E is 10.36, which is on the high side as it means it would take BCE-PR-E, 10.36 years of fcf income to pay off all of its debts.
  • BCE-PR-E has a Debt to FCF ratio (10.36) which is comparable to the rest of the industry.
  • 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 Debt to Equity ratio value of 1.57, BCE-PR-E perfoms like the industry average, outperforming 53.33% 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-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

  • BCE-PR-E has a Current Ratio of 0.58. This is a bad value and indicates that BCE-PR-E 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-E is in line with its industry, outperforming 43.33% of the companies in the same industry.
  • A Quick Ratio of 0.55 indicates that BCE-PR-E may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.55, BCE-PR-E is in line with its industry, outperforming 43.33% 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

4

3. Growth

3.1 Past

  • BCE-PR-E shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.65%.
  • Measured over the past years, BCE-PR-E shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.78% on average per year.
  • The Revenue has been growing slightly by 0.11% in the past year.
  • Measured over the past years, BCE-PR-E shows a small growth in Revenue. The Revenue has been growing by 0.51% on average per year.
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

  • The Earnings Per Share is expected to grow by 0.73% on average over the next years.
  • BCE-PR-E is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.65% yearly.
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

  • 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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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

5

4. Valuation

4.1 Price/Earnings Ratio

  • BCE-PR-E is valuated cheaply with a Price/Earnings ratio of 7.16.
  • BCE-PR-E's Price/Earnings is on the same level as the industry average.
  • When comparing the Price/Earnings ratio of BCE-PR-E to the average of the S&P500 Index (28.39), we can say BCE-PR-E is valued rather cheaply.
  • A Price/Forward Earnings ratio of 7.66 indicates a rather cheap valuation of BCE-PR-E.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BCE-PR-E is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.72, BCE-PR-E is valued rather cheaply.
Industry RankSector Rank
PE 7.16
Fwd PE 7.66
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

  • BCE-PR-E's Enterprise Value to EBITDA is on the same level as the industry average.
  • BCE-PR-E's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 4.89
EV/EBITDA 5.65
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

  • A cheap valuation may be justified as BCE-PR-E'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-E has a Yearly Dividend Yield of 6.15%, which is a nice return.
  • Compared to an average industry Dividend Yield of 5.16, BCE-PR-E has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, BCE-PR-E pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.15%

5.2 History

  • The dividend of BCE-PR-E has a limited annual growth rate of 4.82%.
  • BCE-PR-E 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-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 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-5.62%
EPS Next 3Y-3.12%
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 / 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 6 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-E.CA). This can be considered as Fairly Valued.


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%.