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. There are concerns on the financial health of BCE-PR-E while its profitability can be described as average. BCE-PR-E has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year BCE-PR-E was profitable.
  • In the past year BCE-PR-E had a positive cash flow from operations.
  • Each year in the past 5 years BCE-PR-E has been profitable.
  • 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

  • BCE-PR-E has a better Return On Assets (7.85%) than 76.67% of its industry peers.
  • BCE-PR-E has a better Return On Equity (27.48%) than 70.00% of its industry peers.
  • BCE-PR-E has a Return On Invested Capital (4.52%) which is in line with its industry peers.
  • BCE-PR-E 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-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 fine compared to the rest of the industry. BCE-PR-E outperforms 76.67% of its industry peers.
  • 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 63.33% of its industry peers.
  • BCE-PR-E's Operating Margin has been stable in the last couple of years.
  • With a decent Gross Margin value of 67.92%, BCE-PR-E is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • 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

2

2. Health

2.1 Basic Checks

  • BCE-PR-E has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for BCE-PR-E remains at a similar level compared to 1 year ago.
  • The number of shares outstanding for BCE-PR-E has been increased compared to 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

  • 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.
  • Looking at the Altman-Z score, with a value of 0.60, BCE-PR-E is doing worse than 66.67% of the companies in the same industry.
  • 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.
  • BCE-PR-E has a better Debt to FCF ratio (10.36) than 63.33% of its industry peers.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-E has dependencies on debt financing.
  • BCE-PR-E has a Debt to Equity ratio of 1.57. This is in the better half of the industry: BCE-PR-E outperforms 70.00% of its industry peers.
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.
  • The Current ratio of BCE-PR-E (0.58) is comparable to the rest of the industry.
  • A Quick Ratio of 0.55 indicates that BCE-PR-E may have some problems paying its short term obligations.
  • With a Quick ratio value of 0.55, BCE-PR-E perfoms like the industry average, outperforming 60.00% 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

4

3. Growth

3.1 Past

  • The earnings per share for BCE-PR-E have decreased by -3.65% in the last year.
  • The Earnings Per Share has been decreasing by -2.78% on average over the past years.
  • The Revenue has been growing slightly by 0.11% in the past year.
  • BCE-PR-E shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.51% yearly.
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

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • 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

6

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.16, the valuation of BCE-PR-E can be described as very cheap.
  • BCE-PR-E's Price/Earnings ratio is a bit cheaper when compared to the industry. BCE-PR-E is cheaper than 76.67% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 28.32. BCE-PR-E is valued rather cheaply when compared to this.
  • With a Price/Forward Earnings ratio of 7.66, the valuation of BCE-PR-E can be described as very cheap.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BCE-PR-E indicates a somewhat cheap valuation: BCE-PR-E is cheaper than 70.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 25.57, 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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BCE-PR-E indicates a somewhat cheap valuation: BCE-PR-E is cheaper than 70.00% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BCE-PR-E indicates a somewhat cheap valuation: BCE-PR-E is cheaper than 73.33% of the companies listed in the same industry.
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

  • BCE-PR-E has a very decent profitability rating, which may justify a higher PE ratio.
  • BCE-PR-E's earnings are expected to decrease with -3.12% in the coming years. This may justify a cheaper valuation.
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 5.09%, which is a nice return.
  • Compared to an average industry Dividend Yield of 4.45, 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 1.83.
Industry RankSector Rank
Dividend Yield 5.09%

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 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.
  • BCE-PR-E'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-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 4 / 10 to BCE-PR-E.CA.


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

ChartMill assigns a valuation rating of 5 / 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 4 / 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 2 / 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%.