BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:BCE-PR-F • CA05534B7455

23.1 CAD
0 (0%)
Last: Feb 5, 2026, 07:00 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to BCE-PR-F. BCE-PR-F was compared to 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 valied quite expensively at the moment, while it does show a decent growth rate. Finally BCE-PR-F also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year BCE-PR-F was profitable.
  • BCE-PR-F had a positive operating cash flow in the past year.
  • Each year in the past 5 years BCE-PR-F has been profitable.
  • BCE-PR-F had a positive operating cash flow in each of the past 5 years.
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 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-F is doing worse than 60.00% of the companies in the same industry.
  • BCE-PR-F's Return On Equity of 27.48% is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 66.67% of its industry peers.
  • BCE-PR-F has a worse Return On Invested Capital (4.52%) than 76.67% of its industry peers.
  • BCE-PR-F 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-F.CA Yearly ROA, ROE, ROICBCE-PR-F.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-F's Profit Margin of 25.21% is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 60.00% of its industry peers.
  • In the last couple of years the Profit Margin of BCE-PR-F has declined.
  • BCE-PR-F's Operating Margin of 22.38% is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 73.33% of its industry peers.
  • BCE-PR-F's Operating Margin has been stable in the last couple of years.
  • BCE-PR-F has a Gross Margin of 67.92%. This is in the lower half of the industry: BCE-PR-F underperforms 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 22.38%
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-F.CA Yearly Profit, Operating, Gross MarginsBCE-PR-F.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

1

2. Health

2.1 Basic Checks

  • BCE-PR-F 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-F remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, BCE-PR-F has more shares outstanding
  • Compared to 1 year ago, BCE-PR-F has a worse debt to assets ratio.
BCE-PR-F.CA Yearly Shares OutstandingBCE-PR-F.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

  • BCE-PR-F has an Altman-Z score of 0.62. This is a bad value and indicates that BCE-PR-F is not financially healthy and even has some risk of bankruptcy.
  • BCE-PR-F's Altman-Z score of 0.62 is fine compared to the rest of the industry. BCE-PR-F outperforms 76.67% of its industry peers.
  • BCE-PR-F has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-F would need 10.36 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 10.36, BCE-PR-F is doing worse than 73.33% of the companies in the same industry.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-F has dependencies on debt financing.
  • BCE-PR-F has a worse Debt to Equity ratio (1.57) than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.62
ROIC/WACC1
WACC4.5%
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B

2.3 Liquidity

  • BCE-PR-F has a Current Ratio of 0.58. 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.
  • BCE-PR-F has a worse Current ratio (0.58) than 76.67% of its industry peers.
  • BCE-PR-F has a Quick Ratio of 0.58. 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.
  • Looking at the Quick ratio, with a value of 0.55, BCE-PR-F is doing worse than 76.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-F.CA Yearly Current Assets VS Current LiabilitesBCE-PR-F.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-F 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-F shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.78% on average per year.
  • Looking at the last year, BCE-PR-F shows a small growth in Revenue. The Revenue has grown by 0.11% in the last year.
  • The Revenue has been growing slightly by 0.51% on average over the past years.
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-F 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-F.CA Yearly Revenue VS EstimatesBCE-PR-F.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-F.CA Yearly EPS VS EstimatesBCE-PR-F.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

3

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 7.97, the valuation of BCE-PR-F can be described as very cheap.
  • Compared to the rest of the industry, the Price/Earnings ratio of BCE-PR-F indicates a slightly more expensive valuation: BCE-PR-F is more expensive than 60.00% of the companies listed in the same industry.
  • BCE-PR-F is valuated cheaply when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
  • Based on the Price/Forward Earnings ratio of 8.53, the valuation of BCE-PR-F can be described as reasonable.
  • 66.67% of the companies in the same industry are cheaper than BCE-PR-F, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.20, BCE-PR-F is valued rather cheaply.
Industry RankSector Rank
PE 7.97
Fwd PE 8.53
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

  • 66.67% of the companies in the same industry are cheaper than BCE-PR-F, based on the Enterprise Value to EBITDA ratio.
  • 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 5.45
EV/EBITDA 5.85
BCE-PR-F.CA Per share dataBCE-PR-F.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • BCE-PR-F'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%

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.09%, BCE-PR-F is a good candidate for dividend investing.
  • BCE-PR-F's Dividend Yield is rather good when compared to the industry average which is at 4.45. BCE-PR-F pays more dividend than 83.33% of the companies in the same industry.
  • BCE-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 5.09%

5.2 History

  • The dividend of BCE-PR-F has a limited annual growth rate of 4.82%.
  • 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)4.82%
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • BCE-PR-F pays out 43.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • BCE-PR-F'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-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 2016 2017 2018 2019 2020 2021 2022 2023 2024 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

BCE INC - BCECN 5.496 PERP

TSX:BCE-PR-F (2/5/2026, 7:00:00 PM)

23.1

0 (0%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)11-06
Earnings (Next)02-05
Inst Owners47.26%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap21.54B
Revenue(TTM)24.49B
Net Income(TTM)6.17B
Analysts67.27
Price Target24.96 (8.05%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.09%
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years5
Ex-DateN/A
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)-2.71%
PT rev (3m)9.41%
EPS NQ rev (1m)-1.34%
EPS NQ rev (3m)-2.69%
EPS NY rev (1m)0.06%
EPS NY rev (3m)1.68%
Revenue NQ rev (1m)-0.45%
Revenue NQ rev (3m)-0.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
Industry RankSector Rank
PE 7.97
Fwd PE 8.53
P/S 0.88
P/FCF 5.45
P/OCF 2.95
P/B 0.96
P/tB N/A
EV/EBITDA 5.85
EPS(TTM)2.9
EY12.55%
EPS(NY)2.71
Fwd EY11.72%
FCF(TTM)4.24
FCFY18.36%
OCF(TTM)7.83
OCFY33.91%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number39.64
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 0.62
F-Score6
WACC4.5%
ROIC/WACC1
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)-3.65%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%5.33%
EPS Next Y-9.1%
EPS Next 2Y-5.62%
EPS Next 3Y-3.12%
EPS Next 5Y0.73%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.31%
Revenue Next Year1.43%
Revenue Next 2Y2.23%
Revenue Next 3Y1.9%
Revenue Next 5Y1.65%
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 5.496 PERP / BCE-PR-F.CA FAQ

What is the fundamental rating for BCE-PR-F stock?

ChartMill assigns a fundamental rating of 3 / 10 to BCE-PR-F.CA.


Can you provide the valuation status for BCE INC - BCECN 5.496 PERP?

ChartMill assigns a valuation rating of 3 / 10 to BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA). This can be considered as Overvalued.


Can you provide the profitability details for BCE INC - BCECN 5.496 PERP?

BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) has a profitability rating of 3 / 10.


Can you provide the financial health for BCE-PR-F stock?

The financial health rating of BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) is 1 / 10.


Can you provide the dividend sustainability for BCE-PR-F stock?

The dividend rating of BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) is 7 / 10 and the dividend payout ratio is 43.52%.