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

TSX:BCE-PR-J • CA05534B6531

21.1 CAD
-0.02 (-0.09%)
Last: Feb 20, 2026, 07:00 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to BCE-PR-J. BCE-PR-J was compared to 30 industry peers in the Diversified Telecommunication Services industry. While BCE-PR-J is still in line with the averages on profitability rating, there are concerns on its financial health. BCE-PR-J has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year BCE-PR-J was profitable.
  • In the past year BCE-PR-J had a positive cash flow from operations.
  • Of the past 5 years BCE-PR-J 4 years were profitable.
  • BCE-PR-J had a positive operating cash flow in 4 of the past 5 years.
BCE-PR-J.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-J.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

  • The Return On Assets of BCE-PR-J (7.85%) is comparable to the rest of the industry.
  • The Return On Equity of BCE-PR-J (27.48%) is comparable to the rest of the industry.
  • BCE-PR-J has a Return On Invested Capital of 4.52%. This is comparable to the rest of the industry: BCE-PR-J outperforms 43.33% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for BCE-PR-J 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-J.CA Yearly ROA, ROE, ROICBCE-PR-J.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-J's Profit Margin of 25.21% is in line compared to the rest of the industry. BCE-PR-J outperforms 60.00% of its industry peers.
  • BCE-PR-J's Profit Margin has declined in the last couple of years.
  • BCE-PR-J has a Operating Margin of 22.38%. This is comparable to the rest of the industry: BCE-PR-J outperforms 46.67% of its industry peers.
  • In the last couple of years the Operating Margin of BCE-PR-J has remained more or less at the same level.
  • The Gross Margin of BCE-PR-J (67.92%) is comparable to the rest of the industry.
  • BCE-PR-J'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-J.CA Yearly Profit, Operating, Gross MarginsBCE-PR-J.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BCE-PR-J is still creating some value.
  • There is no outstanding debt for BCE-PR-J. 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-J.CA Yearly Shares OutstandingBCE-PR-J.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-J.CA Yearly Total Debt VS Total AssetsBCE-PR-J.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-J has an Altman-Z score of 0.60. This is a bad value and indicates that BCE-PR-J is not financially healthy and even has some risk of bankruptcy.
  • BCE-PR-J has a Altman-Z score (0.60) which is in line with its industry peers.
  • BCE-PR-J has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-J would need 10.36 years to pay back of all of its debts.
  • BCE-PR-J has a Debt to FCF ratio (10.36) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-J has dependencies on debt financing.
  • BCE-PR-J has a Debt to Equity ratio of 1.57. This is comparable to the rest of the industry: BCE-PR-J outperforms 53.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.6
ROIC/WACC1.03
WACC4.38%
BCE-PR-J.CA Yearly LT Debt VS Equity VS FCFBCE-PR-J.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-J has a Current Ratio of 0.58. This is a bad value and indicates that BCE-PR-J is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BCE-PR-J has a Current ratio (0.58) which is in line with its industry peers.
  • A Quick Ratio of 0.55 indicates that BCE-PR-J may have some problems paying its short term obligations.
  • BCE-PR-J has a Quick ratio of 0.55. This is comparable to the rest of the industry: BCE-PR-J outperforms 43.33% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-J.CA Yearly Current Assets VS Current LiabilitesBCE-PR-J.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B

2

3. Growth

3.1 Past

  • BCE-PR-J shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.89%.
  • Measured over the past years, BCE-PR-J shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.57% on average per year.
EPS 1Y (TTM)-7.89%
EPS 3Y-5.8%
EPS 5Y-1.57%
EPS Q2Q%-12.66%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%

3.2 Future

  • Based on estimates for the next years, BCE-PR-J will show a small growth in Earnings Per Share. The EPS will grow by 5.22% on average per year.
  • The Revenue is expected to grow by 1.49% on average over the next years.
EPS Next Y-3.29%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
EPS Next 5Y5.22%
Revenue Next Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y1.49%

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-J.CA Yearly Revenue VS EstimatesBCE-PR-J.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-J.CA Yearly EPS VS EstimatesBCE-PR-J.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1 2 3

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 7.54, the valuation of BCE-PR-J can be described as very cheap.
  • BCE-PR-J's Price/Earnings is on the same level as the industry average.
  • The average S&P500 Price/Earnings ratio is at 26.99. BCE-PR-J is valued rather cheaply when compared to this.
  • Based on the Price/Forward Earnings ratio of 7.79, the valuation of BCE-PR-J can be described as very cheap.
  • BCE-PR-J's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of BCE-PR-J to the average of the S&P500 Index (28.06), we can say BCE-PR-J is valued rather cheaply.
Industry RankSector Rank
PE 7.54
Fwd PE 7.79
BCE-PR-J.CA Price Earnings VS Forward Price EarningsBCE-PR-J.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-J is on the same level as its industry peers.
  • BCE-PR-J's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 4.98
EV/EBITDA 5.68
BCE-PR-J.CA Per share dataBCE-PR-J.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.64%
EPS Next 3Y3.33%

5

5. Dividend

5.1 Amount

  • BCE-PR-J has a Yearly Dividend Yield of 3.41%. Purely for dividend investing, there may be better candidates out there.
  • BCE-PR-J's Dividend Yield is a higher than the industry average which is at 3.24.
  • Compared to an average S&P500 Dividend Yield of 1.85, BCE-PR-J pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.41%

5.2 History

  • The dividend of BCE-PR-J has a limited annual growth rate of 4.82%.
  • BCE-PR-J 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-J.CA Yearly Dividends per shareBCE-PR-J.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • BCE-PR-J pays out 43.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • The dividend of BCE-PR-J is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP43.52%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
BCE-PR-J.CA Yearly Income VS Free CF VS DividendBCE-PR-J.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-J.CA Dividend Payout.BCE-PR-J.CA Dividend Payout, showing the Payout Ratio.BCE-PR-J.CA Dividend Payout.PayoutRetained Earnings

BCE INC - BCECN 4.45 PERP

TSX:BCE-PR-J (2/20/2026, 7:00:00 PM)

21.1

-0.02 (-0.09%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05
Earnings (Next)05-06
Inst Owners47.26%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap19.68B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts68.18
Price Target21.98 (4.17%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.41%
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-30
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)-5.31%
PT rev (3m)3.63%
EPS NQ rev (1m)-1.53%
EPS NQ rev (3m)-3.03%
EPS NY rev (1m)0.06%
EPS NY rev (3m)1.67%
Revenue NQ rev (1m)-0.21%
Revenue NQ rev (3m)-0.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.14%
Valuation
Industry RankSector Rank
PE 7.54
Fwd PE 7.79
P/S 0.8
P/FCF 4.98
P/OCF 2.69
P/B 0.88
P/tB N/A
EV/EBITDA 5.68
EPS(TTM)2.8
EY13.27%
EPS(NY)2.71
Fwd EY12.83%
FCF(TTM)4.24
FCFY20.1%
OCF(TTM)7.83
OCFY37.12%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.95
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 0.6
F-Score6
WACC4.38%
ROIC/WACC1.03
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)-7.89%
EPS 3Y-5.8%
EPS 5Y-1.57%
EPS Q2Q%-12.66%
EPS Next Y-3.29%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
EPS Next 5Y5.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%
Revenue Next Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y1.49%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.99%
EBIT Next 3Y26.65%
EBIT Next 5Y15.84%
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-J.CA FAQ

Can you provide the ChartMill fundamental rating for BCE INC - BCECN 4.45 PERP?

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


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

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


What is the profitability of BCE-PR-J stock?

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


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

The Price/Earnings (PE) ratio for BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) is 7.54 and the Price/Book (PB) ratio is 0.88.


How sustainable is the dividend of BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) stock?

The dividend rating of BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) is 5 / 10 and the dividend payout ratio is 43.52%.