BCE INC - BCECN 4.28 PERP (BCE-PR-N.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:BCE-PR-N • CA05534B6382

21.1 CAD
+0.1 (+0.48%)
Last: Feb 5, 2026, 07:00 PM
Fundamental Rating

3

Taking everything into account, BCE-PR-N scores 3 out of 10 in our fundamental rating. BCE-PR-N was compared to 30 industry peers in the Diversified Telecommunication Services industry. While BCE-PR-N is still in line with the averages on profitability rating, there are concerns on its financial health. BCE-PR-N is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • BCE-PR-N had positive earnings in the past year.
  • In the past year BCE-PR-N had a positive cash flow from operations.
  • BCE-PR-N had positive earnings in each of the past 5 years.
  • Each year in the past 5 years BCE-PR-N had a positive operating cash flow.
BCE-PR-N.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-N.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-N has a Return On Assets (7.85%) which is in line with its industry peers.
  • With a Return On Equity value of 27.48%, BCE-PR-N perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
  • With a Return On Invested Capital value of 4.52%, BCE-PR-N is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
  • BCE-PR-N 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-N.CA Yearly ROA, ROE, ROICBCE-PR-N.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-N is in line with its industry, outperforming 53.33% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BCE-PR-N has declined.
  • With a Operating Margin value of 22.38%, BCE-PR-N is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
  • BCE-PR-N's Operating Margin has been stable in the last couple of years.
  • With a Gross Margin value of 67.92%, BCE-PR-N perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
  • BCE-PR-N'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-N.CA Yearly Profit, Operating, Gross MarginsBCE-PR-N.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-N has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • BCE-PR-N has about the same amout of shares outstanding than it did 1 year ago.
  • BCE-PR-N has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, BCE-PR-N has a worse debt to assets ratio.
BCE-PR-N.CA Yearly Shares OutstandingBCE-PR-N.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-N.CA Yearly Total Debt VS Total AssetsBCE-PR-N.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-N has an Altman-Z score of 0.60. This is a bad value and indicates that BCE-PR-N is not financially healthy and even has some risk of bankruptcy.
  • BCE-PR-N has a Altman-Z score of 0.60. This is in the better half of the industry: BCE-PR-N outperforms 63.33% of its industry peers.
  • BCE-PR-N has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-N would need 10.36 years to pay back of all of its debts.
  • BCE-PR-N has a worse Debt to FCF ratio (10.36) than 60.00% of its industry peers.
  • BCE-PR-N has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
  • The Debt to Equity ratio of BCE-PR-N (1.57) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.6
ROIC/WACC1.03
WACC4.38%
BCE-PR-N.CA Yearly LT Debt VS Equity VS FCFBCE-PR-N.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-N has a Current Ratio of 0.58. This is a bad value and indicates that BCE-PR-N is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BCE-PR-N has a worse Current ratio (0.58) than 63.33% of its industry peers.
  • BCE-PR-N has a Quick Ratio of 0.58. This is a bad value and indicates that BCE-PR-N is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of BCE-PR-N (0.55) is worse than 63.33% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-N.CA Yearly Current Assets VS Current LiabilitesBCE-PR-N.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

  • The earnings per share for BCE-PR-N have decreased by -3.65% in the last year.
  • BCE-PR-N shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.78% yearly.
  • BCE-PR-N shows a small growth in Revenue. In the last year, the Revenue has grown by 0.11%.
  • 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

  • Based on estimates for the next years, BCE-PR-N will show a small growth in Earnings Per Share. The EPS will grow by 0.73% on average per year.
  • Based on estimates for the next years, BCE-PR-N will show a small growth in Revenue. The Revenue will grow by 1.65% on average per year.
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.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
BCE-PR-N.CA Yearly Revenue VS EstimatesBCE-PR-N.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-N.CA Yearly EPS VS EstimatesBCE-PR-N.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

  • A Price/Earnings ratio of 7.28 indicates a rather cheap valuation of BCE-PR-N.
  • The rest of the industry has a similar Price/Earnings ratio as BCE-PR-N.
  • BCE-PR-N's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.67.
  • A Price/Forward Earnings ratio of 7.79 indicates a rather cheap valuation of BCE-PR-N.
  • BCE-PR-N's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 27.20. BCE-PR-N is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.28
Fwd PE 7.79
BCE-PR-N.CA Price Earnings VS Forward Price EarningsBCE-PR-N.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • BCE-PR-N's Enterprise Value to EBITDA ratio is in line with the industry average.
  • BCE-PR-N'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-N.CA Per share dataBCE-PR-N.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • BCE-PR-N'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

  • BCE-PR-N has a Yearly Dividend Yield of 5.09%, which is a nice return.
  • BCE-PR-N's Dividend Yield is a higher than the industry average which is at 4.45.
  • Compared to an average S&P500 Dividend Yield of 1.82, BCE-PR-N pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.09%

5.2 History

  • The dividend of BCE-PR-N has a limited annual growth rate of 4.82%.
  • BCE-PR-N has been paying a dividend for at least 10 years, so it has a reliable track record.
  • BCE-PR-N has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.82%
Div Incr Years3
Div Non Decr Years3
BCE-PR-N.CA Yearly Dividends per shareBCE-PR-N.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-N pays out 43.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • BCE-PR-N'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-N.CA Yearly Income VS Free CF VS DividendBCE-PR-N.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-N.CA Dividend Payout.BCE-PR-N.CA Dividend Payout, showing the Payout Ratio.BCE-PR-N.CA Dividend Payout.PayoutRetained Earnings

BCE INC - BCECN 4.28 PERP

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

21.1

+0.1 (+0.48%)

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 Cap19.68B
Revenue(TTM)24.49B
Net Income(TTM)6.17B
Analysts67.27
Price Target23.65 (12.09%)
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 Years3
Div Non Decr Years3
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)-1.93%
PT rev (3m)9.7%
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 7.28
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)2.9
EY13.74%
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 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 0.6
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)-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 4.28 PERP / BCE-PR-N.CA FAQ

Can you provide the ChartMill fundamental rating for BCE INC - BCECN 4.28 PERP?

ChartMill assigns a fundamental rating of 4 / 10 to BCE-PR-N.CA.


What is the valuation status of BCE INC - BCECN 4.28 PERP (BCE-PR-N.CA) stock?

ChartMill assigns a valuation rating of 5 / 10 to BCE INC - BCECN 4.28 PERP (BCE-PR-N.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for BCE INC - BCECN 4.28 PERP?

BCE INC - BCECN 4.28 PERP (BCE-PR-N.CA) has a profitability rating of 5 / 10.


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

The Price/Earnings (PE) ratio for BCE INC - BCECN 4.28 PERP (BCE-PR-N.CA) is 7.28 and the Price/Book (PB) ratio is 0.88.


What is the financial health of BCE INC - BCECN 4.28 PERP (BCE-PR-N.CA) stock?

The financial health rating of BCE INC - BCECN 4.28 PERP (BCE-PR-N.CA) is 2 / 10.