Logo image of BCE-PR-F.CA

BCE INC - BCECN 3.865 PERP (BCE-PR-F.CA) Stock Fundamental Analysis

TSX:BCE-PR-F - Toronto Stock Exchange - CA05534B7455 - Currency: CAD

19.24  -0.05 (-0.26%)

Fundamental Rating

3

Overall BCE-PR-F gets a fundamental rating of 3 out of 10. We evaluated BCE-PR-F against 30 industry peers in the Diversified Telecommunication Services industry. BCE-PR-F may be in some trouble as it scores bad on both profitability and health. BCE-PR-F is valued expensive and it does not seem to be growing. BCE-PR-F also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

In the past year BCE-PR-F was profitable.
In the past year BCE-PR-F had a positive cash flow from operations.
BCE-PR-F had positive earnings in 4 of the past 5 years.
Of the past 5 years BCE-PR-F 4 years had a positive operating cash flow.
BCE-PR-F.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-F.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B

1.2 Ratios

With a Return On Assets value of 0.12%, BCE-PR-F is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
BCE-PR-F's Return On Equity of 0.48% is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 80.00% of its industry peers.
With a Return On Invested Capital value of 6.82%, BCE-PR-F is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for BCE-PR-F is in line with the industry average of 6.94%.
The last Return On Invested Capital (6.82%) for BCE-PR-F is above the 3 year average (6.51%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.12%
ROE 0.48%
ROIC 6.82%
ROA(3y)3.62%
ROA(5y)4.01%
ROE(3y)11.49%
ROE(5y)12.16%
ROIC(3y)6.51%
ROIC(5y)6.85%
BCE-PR-F.CA Yearly ROA, ROE, ROICBCE-PR-F.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15

1.3 Margins

With a Profit Margin value of 0.34%, BCE-PR-F is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
BCE-PR-F's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 22.51%, BCE-PR-F is doing worse than 76.67% of the companies in the same industry.
In the last couple of years the Operating Margin of BCE-PR-F has remained more or less at the same level.
The Gross Margin of BCE-PR-F (68.47%) is worse than 70.00% of its industry peers.
In the last couple of years the Gross Margin of BCE-PR-F has remained more or less at the same level.
Industry RankSector Rank
OM 22.51%
PM (TTM) 0.34%
GM 68.47%
OM growth 3Y-0.66%
OM growth 5Y-1.08%
PM growth 3Y-8.31%
PM growth 5Y-6.65%
GM growth 3Y-0.81%
GM growth 5Y-0.22%
BCE-PR-F.CA Yearly Profit, Operating, Gross MarginsBCE-PR-F.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 20 40 60

More info and screens

1

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BCE-PR-F is still creating some value.
There is no outstanding debt for BCE-PR-F. 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-F.CA Yearly Shares OutstandingBCE-PR-F.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M
BCE-PR-F.CA Yearly Total Debt VS Total AssetsBCE-PR-F.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 20B 40B 60B

2.2 Solvency

Based on the Altman-Z score of 0.54, we must say that BCE-PR-F is in the distress zone and has some risk of bankruptcy.
BCE-PR-F has a better Altman-Z score (0.54) than 73.33% of its industry peers.
The Debt to FCF ratio of BCE-PR-F is 13.29, which is on the high side as it means it would take BCE-PR-F, 13.29 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 13.29, BCE-PR-F is doing worse than 66.67% of the companies in the same industry.
A Debt/Equity ratio of 1.84 is on the high side and indicates that BCE-PR-F has dependencies on debt financing.
BCE-PR-F has a Debt to Equity ratio of 1.84. This is in the lower half of the industry: BCE-PR-F underperforms 73.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.84
Debt/FCF 13.29
Altman-Z 0.54
ROIC/WACC1.4
WACC4.87%
BCE-PR-F.CA Yearly LT Debt VS Equity VS FCFBCE-PR-F.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 10B 20B 30B

2.3 Liquidity

BCE-PR-F has a Current Ratio of 0.62. 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 (0.62) is worse than 76.67% of its industry peers.
A Quick Ratio of 0.60 indicates that BCE-PR-F may have some problems paying its short term obligations.
BCE-PR-F has a Quick ratio of 0.60. This is in the lower half of the industry: BCE-PR-F underperforms 70.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.62
Quick Ratio 0.6
BCE-PR-F.CA Yearly Current Assets VS Current LiabilitesBCE-PR-F.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B 10B

More info and screens

2

3. Growth

3.1 Past

BCE-PR-F shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.86%.
BCE-PR-F shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.69% yearly.
EPS 1Y (TTM)-4.86%
EPS 3Y-1.44%
EPS 5Y-2.69%
EPS Q2Q%5.8%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.81%

3.2 Future

BCE-PR-F is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 10.84% yearly.
Based on estimates for the next years, BCE-PR-F will show a small growth in Revenue. The Revenue will grow by 4.14% on average per year.
EPS Next Y-9.02%
EPS Next 2Y-5.4%
EPS Next 3Y-2.18%
EPS Next 5Y10.84%
Revenue Next Year0.25%
Revenue Next 2Y1.32%
Revenue Next 3Y1.06%
Revenue Next 5Y4.14%

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-F.CA Yearly Revenue VS EstimatesBCE-PR-F.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B 25B
BCE-PR-F.CA Yearly EPS VS EstimatesBCE-PR-F.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3 4

More info and screens

3

4. Valuation

4.1 Price/Earnings Ratio

BCE-PR-F is valuated cheaply with a Price/Earnings ratio of 6.31.
Based on the Price/Earnings ratio, BCE-PR-F is valued a bit more expensive than the industry average as 63.33% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 29.63. BCE-PR-F is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 6.92, the valuation of BCE-PR-F can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BCE-PR-F indicates a slightly more expensive valuation: BCE-PR-F is more expensive than 63.33% of the companies listed in the same industry.
BCE-PR-F is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 6.31
Fwd PE 6.92
BCE-PR-F.CA Price Earnings VS Forward Price EarningsBCE-PR-F.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-F indicates a slightly more expensive valuation: BCE-PR-F is more expensive than 63.33% of the companies listed in the same industry.
63.33% of the companies in the same industry are cheaper than BCE-PR-F, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 5.82
EV/EBITDA 5.14
BCE-PR-F.CA Per share dataBCE-PR-F.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20

4.3 Compensation for Growth

BCE-PR-F's earnings are expected to decrease with -2.18% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.4%
EPS Next 3Y-2.18%

More info and screens

7

5. Dividend

5.1 Amount

BCE-PR-F has a Yearly Dividend Yield of 11.94%, which is a nice return.
Compared to an average industry Dividend Yield of 10.71, BCE-PR-F pays a better dividend. On top of this BCE-PR-F pays more dividend than 93.33% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, BCE-PR-F pays a better dividend.
Industry RankSector Rank
Dividend Yield 11.94%

5.2 History

The dividend of BCE-PR-F has a limited annual growth rate of 5.05%.
BCE-PR-F has paid a dividend for at least 10 years, which is 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)5.05%
Div Incr Years0
Div Non Decr Years5
BCE-PR-F.CA Yearly Dividends per shareBCE-PR-F.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

4482.14% of the earnings are spent on dividend by BCE-PR-F. This is not a sustainable payout ratio.
BCE-PR-F's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP4482.14%
EPS Next 2Y-5.4%
EPS Next 3Y-2.18%
BCE-PR-F.CA Yearly Income VS Free CF VS DividendBCE-PR-F.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 1B 2B 3B
BCE-PR-F.CA Dividend Payout.BCE-PR-F.CA Dividend Payout, showing the Payout Ratio.BCE-PR-F.CA Dividend Payout.PayoutRetained Earnings

More info and screens

BCE INC - BCECN 3.865 PERP

TSX:BCE-PR-F (2/21/2025, 7:00:00 PM)

19.24

-0.05 (-0.26%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-06 2025-02-06/bmo
Earnings (Next)05-08 2025-05-08/bmo
Inst Owners43.19%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap17.55B
Analysts52.73
Price Target20.72 (7.69%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 11.94%
Yearly Dividend4.02
Dividend Growth(5Y)5.05%
DP4482.14%
Div Incr Years0
Div Non Decr Years5
Ex-Date03-31 2025-03-31 (0.3435)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.36%
Min EPS beat(2)-3.58%
Max EPS beat(2)-1.13%
EPS beat(4)2
Avg EPS beat(4)0.15%
Min EPS beat(4)-3.58%
Max EPS beat(4)2.82%
EPS beat(8)3
Avg EPS beat(8)0.54%
EPS beat(12)7
Avg EPS beat(12)1.9%
EPS beat(16)10
Avg EPS beat(16)2.45%
Revenue beat(2)0
Avg Revenue beat(2)-1.96%
Min Revenue beat(2)-1.99%
Max Revenue beat(2)-1.93%
Revenue beat(4)0
Avg Revenue beat(4)-1.61%
Min Revenue beat(4)-1.99%
Max Revenue beat(4)-0.98%
Revenue beat(8)1
Avg Revenue beat(8)-1.17%
Revenue beat(12)1
Avg Revenue beat(12)-1.13%
Revenue beat(16)2
Avg Revenue beat(16)-1.14%
PT rev (1m)3.27%
PT rev (3m)12.78%
EPS NQ rev (1m)-1.48%
EPS NQ rev (3m)0.62%
EPS NY rev (1m)0.24%
EPS NY rev (3m)-0.35%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)-2.52%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)-1.01%
Valuation
Industry RankSector Rank
PE 6.31
Fwd PE 6.92
P/S 0.72
P/FCF 5.82
P/OCF 2.33
P/B 0.99
P/tB N/A
EV/EBITDA 5.14
EPS(TTM)3.05
EY15.85%
EPS(NY)2.78
Fwd EY14.44%
FCF(TTM)3.31
FCFY17.18%
OCF(TTM)8.26
OCFY42.92%
SpS26.81
BVpS19.38
TBVpS-10.34
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 0.12%
ROE 0.48%
ROCE 9.4%
ROIC 6.82%
ROICexc 7.14%
ROICexgc 13.85%
OM 22.51%
PM (TTM) 0.34%
GM 68.47%
FCFM 12.33%
ROA(3y)3.62%
ROA(5y)4.01%
ROE(3y)11.49%
ROE(5y)12.16%
ROIC(3y)6.51%
ROIC(5y)6.85%
ROICexc(3y)6.59%
ROICexc(5y)6.91%
ROICexgc(3y)12.01%
ROICexgc(5y)12.54%
ROCE(3y)9.27%
ROCE(5y)9.8%
ROICexcg growth 3Y-0.73%
ROICexcg growth 5Y-3.96%
ROICexc growth 3Y-1.81%
ROICexc growth 5Y-3.47%
OM growth 3Y-0.66%
OM growth 5Y-1.08%
PM growth 3Y-8.31%
PM growth 5Y-6.65%
GM growth 3Y-0.81%
GM growth 5Y-0.22%
F-Score6
Asset Turnover0.34
Health
Industry RankSector Rank
Debt/Equity 1.84
Debt/FCF 13.29
Debt/EBITDA 3.09
Cap/Depr 89.57%
Cap/Sales 18.47%
Interest Coverage 3.25
Cash Conversion 71.41%
Profit Quality 3590.48%
Current Ratio 0.62
Quick Ratio 0.6
Altman-Z 0.54
F-Score6
WACC4.87%
ROIC/WACC1.4
Cap/Depr(3y)103.5%
Cap/Depr(5y)99.32%
Cap/Sales(3y)20.39%
Cap/Sales(5y)19.26%
Profit Quality(3y)126.35%
Profit Quality(5y)130.4%
High Growth Momentum
Growth
EPS 1Y (TTM)-4.86%
EPS 3Y-1.44%
EPS 5Y-2.69%
EPS Q2Q%5.8%
EPS Next Y-9.02%
EPS Next 2Y-5.4%
EPS Next 3Y-2.18%
EPS Next 5Y10.84%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%1.81%
Revenue Next Year0.25%
Revenue Next 2Y1.32%
Revenue Next 3Y1.06%
Revenue Next 5Y4.14%
EBIT growth 1Y1.42%
EBIT growth 3Y1.86%
EBIT growth 5Y-0.08%
EBIT Next Year94.46%
EBIT Next 3Y26.25%
EBIT Next 5Y16.7%
FCF growth 1Y-14.34%
FCF growth 3Y-5.44%
FCF growth 5Y-2.5%
OCF growth 1Y-6.43%
OCF growth 3Y0.06%
OCF growth 5Y1.03%