BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) Stock Fundamental Analysis
Canada - TSX:BCE-PR-F - CA05534B7455
21.08 CAD
-0.15 (-0.71%)
We assign a fundamental rating of 3 out of 10 to BCE-PR-F. BCE-PR-F was compared to 29 industry peers in the Diversified Telecommunication Services industry. Both the profitability and financial health of BCE-PR-F have multiple concerns. BCE-PR-F has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
BCE-PR-F had positive earnings in the past year.
BCE-PR-F had a positive operating cash flow in the past year.
BCE-PR-F had positive earnings in each of the past 5 years.
In the past 5 years BCE-PR-F always reported a positive cash flow from operatings.
1.2 Ratios
BCE-PR-F has a Return On Assets of 0.61%. This is in the lower half of the industry: BCE-PR-F underperforms 75.86% of its industry peers.
With a Return On Equity value of 2.40%, BCE-PR-F is not doing good in the industry: 75.86% of the companies in the same industry are doing better.
Looking at the Return On Invested Capital, with a value of 5.04%, BCE-PR-F is doing worse than 72.41% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for BCE-PR-F is in line with the industry average of 5.46%.
The 3 year average ROIC (4.90%) for BCE-PR-F is below the current ROIC(5.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 2.4% | ||
| ROIC | 5.04% |
ROA(3y)2.34%
ROA(5y)3.04%
ROE(3y)7.82%
ROE(5y)9.47%
ROIC(3y)4.9%
ROIC(5y)4.97%
1.3 Margins
BCE-PR-F has a worse Profit Margin (1.77%) than 75.86% of its industry peers.
BCE-PR-F's Profit Margin has declined in the last couple of years.
BCE-PR-F's Operating Margin of 22.50% is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 75.86% of its industry peers.
In the last couple of years the Operating Margin of BCE-PR-F has remained more or less at the same level.
With a Gross Margin value of 67.94%, BCE-PR-F is not doing good in the industry: 68.97% of the companies in the same industry are doing better.
BCE-PR-F's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.5% | ||
| PM (TTM) | 1.77% | ||
| GM | 67.94% |
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%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE-PR-F is creating some value.
BCE-PR-F has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BCE-PR-F has more shares outstanding
The debt/assets ratio for BCE-PR-F is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.58, we must say that BCE-PR-F is in the distress zone and has some risk of bankruptcy.
BCE-PR-F has a Altman-Z score of 0.58. This is in the better half of the industry: BCE-PR-F outperforms 75.86% of its industry peers.
The Debt to FCF ratio of BCE-PR-F is 9.25, which is on the high side as it means it would take BCE-PR-F, 9.25 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BCE-PR-F (9.25) is worse than 72.41% of its industry peers.
A Debt/Equity ratio of 1.80 is on the high side and indicates that BCE-PR-F has dependencies on debt financing.
BCE-PR-F's Debt to Equity ratio of 1.80 is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 0.58 |
ROIC/WACC1.14
WACC4.41%
2.3 Liquidity
BCE-PR-F has a Current Ratio of 0.61. This is a bad value and indicates that BCE-PR-F is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of BCE-PR-F (0.61) is worse than 75.86% of its industry peers.
A Quick Ratio of 0.57 indicates that BCE-PR-F may have some problems paying its short term obligations.
BCE-PR-F's Quick ratio of 0.57 is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 75.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The earnings per share for BCE-PR-F have decreased by -6.84% in the last year.
BCE-PR-F shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.78% yearly.
Looking at the last year, BCE-PR-F shows a decrease in Revenue. The Revenue has decreased by -0.66% in the last year.
BCE-PR-F shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.51% yearly.
EPS 1Y (TTM)-6.84%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%-19.23%
Revenue 1Y (TTM)-0.66%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.33%
3.2 Future
Based on estimates for the next years, BCE-PR-F will show a small growth in Earnings Per Share. The EPS will grow by 1.20% on average per year.
Based on estimates for the next years, BCE-PR-F will show a small growth in Revenue. The Revenue will grow by 2.08% on average per year.
EPS Next Y-10.34%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
EPS Next 5Y1.2%
Revenue Next Year1.62%
Revenue Next 2Y2.23%
Revenue Next 3Y1.77%
Revenue Next 5Y2.08%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 7.37, the valuation of BCE-PR-F can be described as very cheap.
BCE-PR-F's Price/Earnings ratio is a bit more expensive when compared to the industry. BCE-PR-F is more expensive than 62.07% of the companies in the same industry.
When comparing the Price/Earnings ratio of BCE-PR-F to the average of the S&P500 Index (27.30), we can say BCE-PR-F is valued rather cheaply.
A Price/Forward Earnings ratio of 7.66 indicates a rather cheap valuation of BCE-PR-F.
Based on the Price/Forward Earnings ratio, BCE-PR-F is valued a bit more expensive than the industry average as 62.07% of the companies are valued more cheaply.
BCE-PR-F's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.37 | ||
| Fwd PE | 7.66 |
4.2 Price Multiples
BCE-PR-F's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BCE-PR-F is more expensive than 65.52% of the companies in the same industry.
65.52% of the companies in the same industry are cheaper than BCE-PR-F, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.84 | ||
| EV/EBITDA | 5.37 |
4.3 Compensation for Growth
BCE-PR-F's earnings are expected to decrease with -3.11% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.46%, BCE-PR-F is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 7.00, BCE-PR-F pays a better dividend. On top of this BCE-PR-F pays more dividend than 89.66% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, BCE-PR-F pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.46% |
5.2 History
The dividend of BCE-PR-F has a limited annual growth rate of 4.82%.
BCE-PR-F has been paying a dividend for at least 10 years, so it has a reliable track record.
BCE-PR-F has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
739.72% of the earnings are spent on dividend by BCE-PR-F. This is not a sustainable payout ratio.
The dividend of BCE-PR-F is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP739.72%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
TSX:BCE-PR-F (9/11/2025, 7:00:00 PM)
21.08
-0.15 (-0.71%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners47.35%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap19.66B
Analysts55
Price Target22.53 (6.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.46% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP739.72%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.79%
Min EPS beat(2)-12.22%
Max EPS beat(2)10.64%
EPS beat(4)2
Avg EPS beat(4)0.98%
Min EPS beat(4)-12.22%
Max EPS beat(4)10.64%
EPS beat(8)4
Avg EPS beat(8)0.86%
EPS beat(12)6
Avg EPS beat(12)1.28%
EPS beat(16)9
Avg EPS beat(16)1.85%
Revenue beat(2)1
Avg Revenue beat(2)0.21%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)1.28%
Revenue beat(4)2
Avg Revenue beat(4)-0.35%
Min Revenue beat(4)-1.99%
Max Revenue beat(4)1.28%
Revenue beat(8)2
Avg Revenue beat(8)-0.99%
Revenue beat(12)3
Avg Revenue beat(12)-0.8%
Revenue beat(16)3
Avg Revenue beat(16)-0.98%
PT rev (1m)0.02%
PT rev (3m)1.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.67%
EPS NY rev (1m)-1.49%
EPS NY rev (3m)-1.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.45%
Revenue NY rev (1m)1.87%
Revenue NY rev (3m)1.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.37 | ||
| Fwd PE | 7.66 | ||
| P/S | 0.81 | ||
| P/FCF | 4.84 | ||
| P/OCF | 2.63 | ||
| P/B | 1.09 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.37 |
EPS(TTM)2.86
EY13.57%
EPS(NY)2.75
Fwd EY13.05%
FCF(TTM)4.36
FCFY20.66%
OCF(TTM)8.03
OCFY38.07%
SpS26.17
BVpS19.37
TBVpS-9.48
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 2.4% | ||
| ROCE | 9.22% | ||
| ROIC | 5.04% | ||
| ROICexc | 5.09% | ||
| ROICexgc | 9.35% | ||
| OM | 22.5% | ||
| PM (TTM) | 1.77% | ||
| GM | 67.94% | ||
| FCFM | 16.64% |
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%
ROICexcg growth 3Y1.14%
ROICexcg 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-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Debt/EBITDA | 3.08 | ||
| Cap/Depr | 67.52% | ||
| Cap/Sales | 14.02% | ||
| Interest Coverage | 3.06 | ||
| Cash Conversion | 70.88% | ||
| Profit Quality | 938.11% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.58 |
F-Score5
WACC4.41%
ROIC/WACC1.14
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)-6.84%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%-19.23%
EPS Next Y-10.34%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
EPS Next 5Y1.2%
Revenue 1Y (TTM)-0.66%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.33%
Revenue Next Year1.62%
Revenue Next 2Y2.23%
Revenue Next 3Y1.77%
Revenue Next 5Y2.08%
EBIT growth 1Y0.22%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year91.5%
EBIT Next 3Y25.46%
EBIT Next 5Y15.66%
FCF growth 1Y117.69%
FCF growth 3Y-4.23%
FCF growth 5Y-6.84%
OCF growth 1Y3.74%
OCF growth 3Y-3.43%
OCF growth 5Y-1.95%