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

Canada • Toronto Stock Exchange • TSX:BCE-PR-H • CA05534B7299

20.93 CAD
-0.07 (-0.33%)
Last: Feb 2, 2026, 07:00 PM
Fundamental Rating

3

Overall BCE-PR-H gets a fundamental rating of 3 out of 10. We evaluated BCE-PR-H against 30 industry peers in the Diversified Telecommunication Services industry. There are concerns on the financial health of BCE-PR-H while its profitability can be described as average. BCE-PR-H has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • BCE-PR-H had positive earnings in the past year.
  • In the past year BCE-PR-H had a positive cash flow from operations.
  • In the past 5 years BCE-PR-H has always been profitable.
  • Each year in the past 5 years BCE-PR-H had a positive operating cash flow.
BCE-PR-H.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-H.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-H's Return On Assets of 7.85% is in line compared to the rest of the industry. BCE-PR-H outperforms 56.67% of its industry peers.
  • BCE-PR-H has a Return On Equity (27.48%) which is in line with its industry peers.
  • BCE-PR-H has a Return On Invested Capital of 4.52%. This is in the lower half of the industry: BCE-PR-H underperforms 60.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for BCE-PR-H 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-H.CA Yearly ROA, ROE, ROICBCE-PR-H.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 25.21%, BCE-PR-H is in line with its industry, outperforming 56.67% of the companies in the same industry.
  • BCE-PR-H's Profit Margin has declined in the last couple of years.
  • With a Operating Margin value of 22.38%, BCE-PR-H perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
  • In the last couple of years the Operating Margin of BCE-PR-H has remained more or less at the same level.
  • BCE-PR-H has a Gross Margin (67.92%) which is comparable to the rest of the industry.
  • BCE-PR-H'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-H.CA Yearly Profit, Operating, Gross MarginsBCE-PR-H.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

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BCE-PR-H is still creating some value.
  • Compared to 1 year ago, BCE-PR-H has about the same amount of shares outstanding.
  • BCE-PR-H has more shares outstanding than it did 5 years ago.
  • BCE-PR-H has a worse debt/assets ratio than last year.
BCE-PR-H.CA Yearly Shares OutstandingBCE-PR-H.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-H.CA Yearly Total Debt VS Total AssetsBCE-PR-H.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-H is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of BCE-PR-H (0.60) is comparable to the rest of the industry.
  • The Debt to FCF ratio of BCE-PR-H is 10.36, which is on the high side as it means it would take BCE-PR-H, 10.36 years of fcf income to pay off all of its debts.
  • BCE-PR-H has a Debt to FCF ratio (10.36) which is comparable to the rest of the industry.
  • BCE-PR-H has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
  • BCE-PR-H has a Debt to Equity ratio (1.57) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.6
ROIC/WACC1.03
WACC4.37%
BCE-PR-H.CA Yearly LT Debt VS Equity VS FCFBCE-PR-H.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-H has a Current Ratio of 0.58. This is a bad value and indicates that BCE-PR-H 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-H is doing worse than 60.00% of the companies in the same industry.
  • A Quick Ratio of 0.55 indicates that BCE-PR-H may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.55, BCE-PR-H is doing worse than 60.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-H.CA Yearly Current Assets VS Current LiabilitesBCE-PR-H.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-H shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.65%.
  • BCE-PR-H 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-H shows a small growth in Revenue. The Revenue has grown by 0.11% in the last year.
  • Measured over the past years, BCE-PR-H 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-H 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-H.CA Yearly Revenue VS EstimatesBCE-PR-H.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-H.CA Yearly EPS VS EstimatesBCE-PR-H.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

  • With a Price/Earnings ratio of 7.22, the valuation of BCE-PR-H can be described as very cheap.
  • BCE-PR-H's Price/Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 28.41, BCE-PR-H is valued rather cheaply.
  • A Price/Forward Earnings ratio of 7.73 indicates a rather cheap valuation of BCE-PR-H.
  • The rest of the industry has a similar Price/Forward Earnings ratio as BCE-PR-H.
  • BCE-PR-H is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.64, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.22
Fwd PE 7.73
BCE-PR-H.CA Price Earnings VS Forward Price EarningsBCE-PR-H.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-H is on the same level as its industry peers.
  • BCE-PR-H's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 4.93
EV/EBITDA 5.67
BCE-PR-H.CA Per share dataBCE-PR-H.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • BCE-PR-H'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%

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.09%, BCE-PR-H is a good candidate for dividend investing.
  • BCE-PR-H's Dividend Yield is a higher than the industry average which is at 4.45.
  • Compared to an average S&P500 Dividend Yield of 1.83, BCE-PR-H pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.09%

5.2 History

  • The dividend of BCE-PR-H has a limited annual growth rate of 4.82%.
  • BCE-PR-H 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-H.CA Yearly Dividends per shareBCE-PR-H.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-H pays out 43.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • BCE-PR-H'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-H.CA Yearly Income VS Free CF VS DividendBCE-PR-H.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-H.CA Dividend Payout.BCE-PR-H.CA Dividend Payout, showing the Payout Ratio.BCE-PR-H.CA Dividend Payout.PayoutRetained Earnings

BCE INC - BCECN 4.45 PERP / BCE-PR-H.CA FAQ

What is the ChartMill fundamental rating of BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) stock?

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


What is the valuation status of BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA). This can be considered as Fairly Valued.


How profitable is BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) stock?

BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) has a profitability rating of 4 / 10.


Can you provide the PE and PB ratios for BCE-PR-H stock?

The Price/Earnings (PE) ratio for BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) is 7.22 and the Price/Book (PB) ratio is 0.87.


Is the dividend of BCE INC - BCECN 4.45 PERP sustainable?

The dividend rating of BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) is 6 / 10 and the dividend payout ratio is 43.52%.