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

Canada - TSX:BCE-PR-H - CA05534B7299

19.3 CAD
+0.06 (+0.31%)
Last: 11/7/2025, 7:00:00 PM
Fundamental Rating

5

Taking everything into account, BCE-PR-H scores 5 out of 10 in our fundamental rating. BCE-PR-H was compared to 29 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 decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

BCE-PR-H had positive earnings in the past year.
BCE-PR-H had a positive operating cash flow in the past year.
BCE-PR-H had positive earnings in each of the past 5 years.
In the past 5 years BCE-PR-H always reported a positive cash flow from operatings.
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 2015 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 fine compared to the rest of the industry. BCE-PR-H outperforms 75.86% of its industry peers.
BCE-PR-H has a Return On Equity of 27.48%. This is in the better half of the industry: BCE-PR-H outperforms 68.97% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.52%, BCE-PR-H is in line with its industry, outperforming 58.62% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BCE-PR-H is in line with the industry average of 5.06%.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

The Profit Margin of BCE-PR-H (25.21%) is better than 75.86% of its industry peers.
In the last couple of years the Profit Margin of BCE-PR-H has declined.
The Operating Margin of BCE-PR-H (22.38%) is comparable to the rest of the industry.
BCE-PR-H's Operating Margin has been stable in the last couple of years.
BCE-PR-H has a better Gross Margin (67.92%) than 65.52% of its industry peers.
In the last couple of years the Gross Margin of BCE-PR-H 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-H.CA Yearly Profit, Operating, Gross MarginsBCE-PR-H.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

3

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.
BCE-PR-H has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BCE-PR-H has more shares outstanding
Compared to 1 year ago, BCE-PR-H has a worse debt to assets ratio.
BCE-PR-H.CA Yearly Shares OutstandingBCE-PR-H.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

2.2 Solvency

BCE-PR-H has an Altman-Z score of 0.58. This is a bad value and indicates that BCE-PR-H is not financially healthy and even has some risk of bankruptcy.
BCE-PR-H has a Altman-Z score of 0.58. This is comparable to the rest of the industry: BCE-PR-H outperforms 41.38% of its industry peers.
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 of 10.36. This is in the better half of the industry: BCE-PR-H outperforms 62.07% of its industry peers.
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 of 1.57. This is in the better half of the industry: BCE-PR-H outperforms 68.97% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.58
ROIC/WACC1.07
WACC4.22%
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 2015 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.
With a Current ratio value of 0.58, BCE-PR-H perfoms like the industry average, outperforming 55.17% of the companies in the same industry.
BCE-PR-H has a Quick 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.
With a Quick ratio value of 0.55, BCE-PR-H perfoms like the industry average, outperforming 55.17% 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B

4

3. Growth

3.1 Past

The earnings per share for BCE-PR-H have decreased by -3.20% in the last year.
Measured over the past years, BCE-PR-H shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.78% on average per year.
The Revenue has been growing slightly by 0.11% in the past year.
The Revenue has been growing slightly by 0.51% on average over the past years.
EPS 1Y (TTM)-3.2%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%7.15%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%3.72%

3.2 Future

Based on estimates for the next years, BCE-PR-H will show a small growth in Earnings Per Share. The EPS will grow by 1.66% on average per year.
BCE-PR-H is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.83% yearly.
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.66%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y1.83%

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.
BCE-PR-H.CA Yearly Revenue VS EstimatesBCE-PR-H.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 10B 20B 30B
BCE-PR-H.CA Yearly EPS VS EstimatesBCE-PR-H.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 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

A Price/Earnings ratio of 6.63 indicates a rather cheap valuation of BCE-PR-H.
75.86% of the companies in the same industry are more expensive than BCE-PR-H, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.28, BCE-PR-H is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.10, the valuation of BCE-PR-H can be described as very cheap.
Based on the Price/Forward Earnings ratio, BCE-PR-H is valued a bit cheaper than the industry average as 72.41% of the companies are valued more expensively.
BCE-PR-H is valuated cheaply when we compare the Price/Forward Earnings ratio to 33.61, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 6.63
Fwd PE 7.1
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 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, BCE-PR-H is valued a bit cheaper than the industry average as 68.97% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, BCE-PR-H is valued a bit cheaper than the industry average as 72.41% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 4.55
EV/EBITDA 5.52
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

The decent profitability rating of BCE-PR-H may justify a higher PE ratio.
BCE-PR-H's earnings are expected to decrease with -3.28% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.35%, BCE-PR-H is a good candidate for dividend investing.
BCE-PR-H's Dividend Yield is comparable with the industry average which is at 5.35.
Compared to an average S&P500 Dividend Yield of 2.36, BCE-PR-H pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.35%

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 2015 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-5.41%
EPS Next 3Y-3.28%
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 2015 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

TSX:BCE-PR-H (11/7/2025, 7:00:00 PM)

19.3

+0.06 (+0.31%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)11-06 2025-11-06/bmo
Earnings (Next)02-05 2026-02-05/amc
Inst Owners47.57%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap18.00B
Revenue(TTM)24.49B
Net Income(TTM)6.17B
Analysts64.55
Price Target21.32 (10.47%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.35%
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years0
Ex-Date10-31 2025-10-31 (0.09758)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.5%
Min EPS beat(2)-12.22%
Max EPS beat(2)11.22%
EPS beat(4)3
Avg EPS beat(4)4.68%
Min EPS beat(4)-12.22%
Max EPS beat(4)11.22%
EPS beat(8)5
Avg EPS beat(8)2.42%
EPS beat(12)6
Avg EPS beat(12)1.92%
EPS beat(16)10
Avg EPS beat(16)2.6%
Revenue beat(2)2
Avg Revenue beat(2)1.11%
Min Revenue beat(2)0.93%
Max Revenue beat(2)1.28%
Revenue beat(4)3
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-0.87%
Max Revenue beat(4)1.28%
Revenue beat(8)3
Avg Revenue beat(8)-0.62%
Revenue beat(12)4
Avg Revenue beat(12)-0.65%
Revenue beat(16)4
Avg Revenue beat(16)-0.75%
PT rev (1m)3.68%
PT rev (3m)10.72%
EPS NQ rev (1m)1.11%
EPS NQ rev (3m)-4.83%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.77%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)3.52%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.82%
Valuation
Industry RankSector Rank
PE 6.63
Fwd PE 7.1
P/S 0.74
P/FCF 4.55
P/OCF 2.46
P/B 0.8
P/tB N/A
EV/EBITDA 5.52
EPS(TTM)2.91
EY15.08%
EPS(NY)2.72
Fwd EY14.09%
FCF(TTM)4.24
FCFY21.97%
OCF(TTM)7.83
OCFY40.58%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number39.71
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 0.58
F-Score6
WACC4.22%
ROIC/WACC1.07
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)-3.2%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%7.15%
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.66%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%3.72%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y1.83%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.58%
EBIT Next 3Y26.41%
EBIT Next 5Y16.08%
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 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 5 / 10 to BCE-PR-H.CA.


Can you provide the valuation status for BCE INC - BCECN 4.45 PERP?

ChartMill assigns a valuation rating of 6 / 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 6 / 10.


What are the PE and PB ratios of BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) stock?

The Price/Earnings (PE) ratio for BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) is 6.63 and the Price/Book (PB) ratio is 0.8.


What is the expected EPS growth for BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) stock?

The Earnings per Share (EPS) of BCE INC - BCECN 4.45 PERP (BCE-PR-H.CA) is expected to decline by -10.6% in the next year.