BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) Fundamental Analysis & Valuation

TSX:BCE-PR-Q • CA05534B5962

Current stock price

25.15 CAD
-0.15 (-0.59%)
Last:

This BCE-PR-Q.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. BCE-PR-Q.CA Profitability Analysis

1.1 Basic Checks

  • In the past year BCE-PR-Q was profitable.
  • BCE-PR-Q had a positive operating cash flow in the past year.
  • In the past 5 years BCE-PR-Q has always been profitable.
  • BCE-PR-Q had a positive operating cash flow in each of the past 5 years.
BCE-PR-Q.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-Q.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 2025 2B 4B 6B 8B

1.2 Ratios

  • BCE-PR-Q has a worse Return On Assets (7.87%) than 60.71% of its industry peers.
  • Looking at the Return On Equity, with a value of 27.39%, BCE-PR-Q is doing worse than 67.86% of the companies in the same industry.
  • BCE-PR-Q has a worse Return On Invested Capital (4.99%) than 75.00% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for BCE-PR-Q is in line with the industry average of 5.40%.
Industry RankSector Rank
ROA 7.87%
ROE 27.39%
ROIC 4.99%
ROA(3y)3.66%
ROA(5y)3.79%
ROE(3y)12.87%
ROE(5y)12.56%
ROIC(3y)5.24%
ROIC(5y)5.38%
BCE-PR-Q.CA Yearly ROA, ROE, ROICBCE-PR-Q.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • BCE-PR-Q has a Profit Margin of 25.77%. This is in the lower half of the industry: BCE-PR-Q underperforms 60.71% of its industry peers.
  • BCE-PR-Q's Profit Margin has improved in the last couple of years.
  • BCE-PR-Q's Operating Margin of 22.15% is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 75.00% of its industry peers.
  • BCE-PR-Q's Operating Margin has been stable in the last couple of years.
  • Looking at the Gross Margin, with a value of 68.45%, BCE-PR-Q is doing worse than 71.43% of the companies in the same industry.
  • BCE-PR-Q's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 22.15%
PM (TTM) 25.77%
GM 68.45%
OM growth 3Y-0.74%
OM growth 5Y-0.52%
PM growth 3Y31.88%
PM growth 5Y18.74%
GM growth 3Y0.03%
GM growth 5Y-0.32%
BCE-PR-Q.CA Yearly Profit, Operating, Gross MarginsBCE-PR-Q.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

1

2. BCE-PR-Q.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE-PR-Q is creating some value.
  • BCE-PR-Q has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for BCE-PR-Q has been increased compared to 5 years ago.
  • The debt/assets ratio for BCE-PR-Q has been reduced compared to a year ago.
BCE-PR-Q.CA Yearly Shares OutstandingBCE-PR-Q.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
BCE-PR-Q.CA Yearly Total Debt VS Total AssetsBCE-PR-Q.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • BCE-PR-Q has an Altman-Z score of 0.63. This is a bad value and indicates that BCE-PR-Q is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.63, BCE-PR-Q is in the better half of the industry, outperforming 78.57% of the companies in the same industry.
  • BCE-PR-Q has a debt to FCF ratio of 12.50. This is a negative value and a sign of low solvency as BCE-PR-Q would need 12.50 years to pay back of all of its debts.
  • BCE-PR-Q's Debt to FCF ratio of 12.50 is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 75.00% of its industry peers.
  • BCE-PR-Q has a Debt/Equity ratio of 1.52. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 1.52, BCE-PR-Q is not doing good in the industry: 67.86% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.52
Debt/FCF 12.5
Altman-Z 0.63
ROIC/WACC1.08
WACC4.64%
BCE-PR-Q.CA Yearly LT Debt VS Equity VS FCFBCE-PR-Q.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

2.3 Liquidity

  • A Current Ratio of 0.58 indicates that BCE-PR-Q may have some problems paying its short term obligations.
  • BCE-PR-Q has a Current ratio of 0.58. This is in the lower half of the industry: BCE-PR-Q underperforms 75.00% of its industry peers.
  • BCE-PR-Q has a Quick Ratio of 0.58. This is a bad value and indicates that BCE-PR-Q 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-Q is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-Q.CA Yearly Current Assets VS Current LiabilitesBCE-PR-Q.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

4

3. BCE-PR-Q.CA Growth Analysis

3.1 Past

  • BCE-PR-Q 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-Q shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.57% on average per year.
  • BCE-PR-Q shows a small growth in Revenue. In the last year, the Revenue has grown by 0.24%.
  • The Revenue has been growing slightly by 1.35% on average over the past years.
EPS 1Y (TTM)-7.89%
EPS 3Y-5.8%
EPS 5Y-1.57%
EPS Q2Q%-12.66%
Revenue 1Y (TTM)0.24%
Revenue growth 3Y0.4%
Revenue growth 5Y1.35%
Sales Q2Q%-0.28%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.39% on average over the next years.
  • The Revenue is expected to grow by 1.68% on average over the next years.
EPS Next Y-7.27%
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
EPS Next 5Y5.39%
Revenue Next Year2.48%
Revenue Next 2Y1.89%
Revenue Next 3Y2.01%
Revenue Next 5Y1.68%

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-Q.CA Yearly Revenue VS EstimatesBCE-PR-Q.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-Q.CA Yearly EPS VS EstimatesBCE-PR-Q.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

3

4. BCE-PR-Q.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • BCE-PR-Q is valuated reasonably with a Price/Earnings ratio of 8.98.
  • Compared to the rest of the industry, the Price/Earnings ratio of BCE-PR-Q indicates a slightly more expensive valuation: BCE-PR-Q is more expensive than 64.29% of the companies listed in the same industry.
  • BCE-PR-Q's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.17.
  • A Price/Forward Earnings ratio of 9.69 indicates a reasonable valuation of BCE-PR-Q.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BCE-PR-Q indicates a slightly more expensive valuation: BCE-PR-Q is more expensive than 67.86% of the companies listed in the same industry.
  • When comparing the Price/Forward Earnings ratio of BCE-PR-Q to the average of the S&P500 Index (23.05), we can say BCE-PR-Q is valued rather cheaply.
Industry RankSector Rank
PE 8.98
Fwd PE 9.69
BCE-PR-Q.CA Price Earnings VS Forward Price EarningsBCE-PR-Q.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BCE-PR-Q is valued a bit more expensive than 67.86% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BCE-PR-Q indicates a slightly more expensive valuation: BCE-PR-Q is more expensive than 67.86% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 7.14
EV/EBITDA 6.02
BCE-PR-Q.CA Per share dataBCE-PR-Q.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-1.8%
EPS Next 3Y0.01%

8

5. BCE-PR-Q.CA Dividend Analysis

5.1 Amount

  • BCE-PR-Q has a Yearly Dividend Yield of 4.99%, which is a nice return.
  • Compared to an average industry Dividend Yield of 4.32, BCE-PR-Q pays a better dividend. On top of this BCE-PR-Q pays more dividend than 85.71% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.89, BCE-PR-Q pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.99%

5.2 History

  • The dividend of BCE-PR-Q decreases each year by -7.24%.
  • BCE-PR-Q has paid a dividend for at least 10 years, which is a reliable track record.
  • BCE-PR-Q has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-7.24%
Div Incr Years0
Div Non Decr Years11
BCE-PR-Q.CA Yearly Dividends per shareBCE-PR-Q.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-Q pays out 34.53% of its income as dividend. This is a sustainable payout ratio.
DP34.53%
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
BCE-PR-Q.CA Yearly Income VS Free CF VS DividendBCE-PR-Q.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B
BCE-PR-Q.CA Dividend Payout.BCE-PR-Q.CA Dividend Payout, showing the Payout Ratio.BCE-PR-Q.CA Dividend Payout.PayoutRetained Earnings

BCE-PR-Q.CA Fundamentals: All Metrics, Ratios and Statistics

BCE INC - BCECN 6.538 PERP

TSX:BCE-PR-Q (4/2/2026, 7:00:00 PM)

25.15

-0.15 (-0.59%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05
Earnings (Next)04-30
Inst Owners51.76%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap23.45B
Revenue(TTM)24.47B
Net Income(TTM)6.30B
Analysts67.62
Price Target26.73 (6.28%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.99%
Yearly Dividend2.36
Dividend Growth(5Y)-7.24%
DP34.53%
Div Incr Years0
Div Non Decr Years11
Ex-Date02-27
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.6%
Min EPS beat(2)7.87%
Max EPS beat(2)9.34%
EPS beat(4)3
Avg EPS beat(4)3.91%
Min EPS beat(4)-12.22%
Max EPS beat(4)10.64%
EPS beat(8)5
Avg EPS beat(8)2.85%
EPS beat(12)7
Avg EPS beat(12)2.62%
EPS beat(16)10
Avg EPS beat(16)2.78%
Revenue beat(2)0
Avg Revenue beat(2)-2.3%
Min Revenue beat(2)-3.19%
Max Revenue beat(2)-1.42%
Revenue beat(4)1
Avg Revenue beat(4)-1.05%
Min Revenue beat(4)-3.19%
Max Revenue beat(4)1.28%
Revenue beat(8)2
Avg Revenue beat(8)-1.19%
Revenue beat(12)3
Avg Revenue beat(12)-1.09%
Revenue beat(16)3
Avg Revenue beat(16)-1.02%
PT rev (1m)0%
PT rev (3m)-10.12%
EPS NQ rev (1m)1.57%
EPS NQ rev (3m)-3.02%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.54%
Revenue NQ rev (1m)-0.95%
Revenue NQ rev (3m)-1.86%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)-0.67%
Valuation
Industry RankSector Rank
PE 8.98
Fwd PE 9.69
P/S 0.96
P/FCF 7.14
P/OCF 3.36
P/B 1.02
P/tB N/A
EV/EBITDA 6.02
EPS(TTM)2.8
EY11.13%
EPS(NY)2.6
Fwd EY10.32%
FCF(TTM)3.52
FCFY14%
OCF(TTM)7.49
OCFY29.79%
SpS26.24
BVpS24.69
TBVpS-7.98
PEG (NY)N/A
PEG (5Y)N/A
Graham Number39.44
Profitability
Industry RankSector Rank
ROA 7.87%
ROE 27.39%
ROCE 8.05%
ROIC 4.99%
ROICexc 5.01%
ROICexgc 9.19%
OM 22.15%
PM (TTM) 25.77%
GM 68.45%
FCFM 13.42%
ROA(3y)3.66%
ROA(5y)3.79%
ROE(3y)12.87%
ROE(5y)12.56%
ROIC(3y)5.24%
ROIC(5y)5.38%
ROICexc(3y)5.37%
ROICexc(5y)5.46%
ROICexgc(3y)9.69%
ROICexgc(5y)9.86%
ROCE(3y)8.9%
ROCE(5y)9.07%
ROICexgc growth 3Y-6.98%
ROICexgc growth 5Y-5.2%
ROICexc growth 3Y-5.76%
ROICexc growth 5Y-4.73%
OM growth 3Y-0.74%
OM growth 5Y-0.52%
PM growth 3Y31.88%
PM growth 5Y18.74%
GM growth 3Y0.03%
GM growth 5Y-0.32%
F-Score7
Asset Turnover0.31
Health
Industry RankSector Rank
Debt/Equity 1.52
Debt/FCF 12.5
Debt/EBITDA 3.27
Cap/Depr 70.69%
Cap/Sales 15.13%
Interest Coverage 3
Cash Conversion 65.56%
Profit Quality 52.09%
Current Ratio 0.58
Quick Ratio 0.55
Altman-Z 0.63
F-Score7
WACC4.64%
ROIC/WACC1.08
Cap/Depr(3y)85.13%
Cap/Depr(5y)93.81%
Cap/Sales(3y)17.53%
Cap/Sales(5y)18.89%
Profit Quality(3y)635.17%
Profit Quality(5y)427.95%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.89%
EPS 3Y-5.8%
EPS 5Y-1.57%
EPS Q2Q%-12.66%
EPS Next Y-7.27%
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
EPS Next 5Y5.39%
Revenue 1Y (TTM)0.24%
Revenue growth 3Y0.4%
Revenue growth 5Y1.35%
Sales Q2Q%-0.28%
Revenue Next Year2.48%
Revenue Next 2Y1.89%
Revenue Next 3Y2.01%
Revenue Next 5Y1.68%
EBIT growth 1Y-2.31%
EBIT growth 3Y-0.34%
EBIT growth 5Y0.82%
EBIT Next Year104.35%
EBIT Next 3Y28.13%
EBIT Next 5Y17.16%
FCF growth 1Y17.92%
FCF growth 3Y1.06%
FCF growth 5Y-1.58%
OCF growth 1Y-3.13%
OCF growth 3Y-5.64%
OCF growth 5Y-2.07%

BCE INC - BCECN 6.538 PERP / BCE-PR-Q.CA Fundamental Analysis FAQ

What is the ChartMill fundamental rating of BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) stock?

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


What is the valuation status of BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) stock?

ChartMill assigns a valuation rating of 3 / 10 to BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA). This can be considered as Overvalued.


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

BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) has a profitability rating of 3 / 10.


What is the valuation of BCE INC - BCECN 6.538 PERP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) is 8.98 and the Price/Book (PB) ratio is 1.02.


Is the dividend of BCE INC - BCECN 6.538 PERP sustainable?

The dividend rating of BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) is 8 / 10 and the dividend payout ratio is 34.53%.