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

Canada • Toronto Stock Exchange • TSX:BCE-PR-Q • CA05534B5962

25.35 CAD
-0.01 (-0.04%)
Last: Jan 29, 2026, 07:00 PM
Fundamental Rating

3

Taking everything into account, BCE-PR-Q scores 3 out of 10 in our fundamental rating. BCE-PR-Q was compared to 30 industry peers in the Diversified Telecommunication Services industry. BCE-PR-Q has a bad profitability rating. Also its financial health evaluation is rather negative. BCE-PR-Q is quite expensive at the moment. It does show a decent growth rate. Finally BCE-PR-Q also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. Profitability

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.
  • BCE-PR-Q had positive earnings in each of the past 5 years.
  • 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 2B 4B 6B 8B

1.2 Ratios

  • BCE-PR-Q has a worse Return On Assets (7.85%) than 63.33% of its industry peers.
  • The Return On Equity of BCE-PR-Q (27.48%) is worse than 70.00% of its industry peers.
  • The Return On Invested Capital of BCE-PR-Q (4.52%) is worse than 80.00% 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 5.00%.
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-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 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 25.21%, BCE-PR-Q is doing worse than 63.33% of the companies in the same industry.
  • BCE-PR-Q's Profit Margin has declined in the last couple of years.
  • The Operating Margin of BCE-PR-Q (22.38%) is worse than 76.67% of its industry peers.
  • In the last couple of years the Operating Margin of BCE-PR-Q has remained more or less at the same level.
  • BCE-PR-Q has a worse Gross Margin (67.92%) than 73.33% of its industry peers.
  • In the last couple of years the Gross Margin of BCE-PR-Q 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-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 20 40 60

1

2. Health

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

2.2 Solvency

  • Based on the Altman-Z score of 0.64, we must say that BCE-PR-Q is in the distress zone and has some risk of bankruptcy.
  • BCE-PR-Q's Altman-Z score of 0.64 is amongst the best of the industry. BCE-PR-Q outperforms 83.33% of its industry peers.
  • The Debt to FCF ratio of BCE-PR-Q is 10.36, which is on the high side as it means it would take BCE-PR-Q, 10.36 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 10.36, BCE-PR-Q is doing worse than 76.67% of the companies in the same industry.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-Q has dependencies on debt financing.
  • BCE-PR-Q's Debt to Equity ratio of 1.57 is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 70.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.64
ROIC/WACC0.98
WACC4.62%
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 10B 20B 30B

2.3 Liquidity

  • BCE-PR-Q has a Current 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.
  • BCE-PR-Q's Current ratio of 0.58 is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 80.00% of its industry peers.
  • A Quick Ratio of 0.55 indicates that BCE-PR-Q may have some problems paying its short term obligations.
  • BCE-PR-Q has a worse Quick ratio (0.55) than 80.00% of its industry peers.
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 5B 10B

4

3. Growth

3.1 Past

  • BCE-PR-Q shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.65%.
  • Measured over the past years, BCE-PR-Q 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)-3.65%
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

  • BCE-PR-Q is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.73% yearly.
  • BCE-PR-Q 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-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 1 2 3

3

4. Valuation

4.1 Price/Earnings Ratio

  • BCE-PR-Q is valuated reasonably with a Price/Earnings ratio of 8.74.
  • 66.67% of the companies in the same industry are cheaper than BCE-PR-Q, based on the Price/Earnings ratio.
  • BCE-PR-Q's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.39.
  • BCE-PR-Q is valuated reasonably with a Price/Forward Earnings ratio of 9.36.
  • BCE-PR-Q's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BCE-PR-Q is more expensive than 70.00% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of BCE-PR-Q to the average of the S&P500 Index (25.72), we can say BCE-PR-Q is valued rather cheaply.
Industry RankSector Rank
PE 8.74
Fwd PE 9.36
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

  • 70.00% of the companies in the same industry are cheaper than BCE-PR-Q, based on the Enterprise Value to EBITDA ratio.
  • BCE-PR-Q's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. BCE-PR-Q is more expensive than 70.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 5.98
EV/EBITDA 6.05
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

  • A cheap valuation may be justified as BCE-PR-Q's earnings are expected to decrease with -3.12% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.62%
EPS Next 3Y-3.12%

8

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 6.15%, BCE-PR-Q is a good candidate for dividend investing.
  • BCE-PR-Q's Dividend Yield is rather good when compared to the industry average which is at 5.16. BCE-PR-Q pays more dividend than 93.33% of the companies in the same industry.
  • BCE-PR-Q's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 6.15%

5.2 History

  • The dividend of BCE-PR-Q has a limited annual growth rate of 4.82%.
  • BCE-PR-Q has paid a dividend for at least 10 years, which is a reliable track record.
  • BCE-PR-Q has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.82%
Div Incr Years2
Div Non Decr Years10
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 0.5 1 1.5

5.3 Sustainability

  • 43.52% of the earnings are spent on dividend by BCE-PR-Q. This is a bit on the high side, but may be sustainable.
  • The dividend of BCE-PR-Q is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP43.52%
EPS Next 2Y-5.62%
EPS Next 3Y-3.12%
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 1B 2B 3B
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 INC - BCECN 6.538 PERP / BCE-PR-Q.CA 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.


Can you provide the valuation status for BCE INC - BCECN 6.538 PERP?

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.


Can you provide the profitability details for BCE INC - BCECN 6.538 PERP?

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


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

The Price/Earnings (PE) ratio for BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) is 8.74 and the Price/Book (PB) ratio is 1.05.


What is the earnings growth outlook for BCE INC - BCECN 6.538 PERP?

The Earnings per Share (EPS) of BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) is expected to decline by -9.1% in the next year.