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

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

25.4 CAD
+0.05 (+0.2%)
Last: Jan 30, 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. Both the profitability and financial health of BCE-PR-Q have multiple concerns. BCE-PR-Q is quite expensive at the moment. It does show a decent growth rate. BCE-PR-Q also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • BCE-PR-Q had positive earnings in the past year.
  • BCE-PR-Q had a positive operating cash flow in the past year.
  • Each year in the past 5 years BCE-PR-Q has 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 2B 4B 6B 8B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 7.85%, BCE-PR-Q is doing worse than 63.33% of the companies in the same industry.
  • With a Return On Equity value of 27.48%, BCE-PR-Q is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
  • BCE-PR-Q's Return On Invested Capital of 4.52% is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 80.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years 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.
  • In the last couple of years the Profit Margin of BCE-PR-Q has declined.
  • With a Operating Margin value of 22.38%, BCE-PR-Q is not doing good in the industry: 76.67% of the companies in the same industry are doing better.
  • BCE-PR-Q's Operating Margin has been stable in the last couple of years.
  • BCE-PR-Q has a Gross Margin of 67.92%. This is in the lower half of the industry: BCE-PR-Q underperforms 73.33% of its industry peers.
  • BCE-PR-Q'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-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

  • BCE-PR-Q has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for BCE-PR-Q remains at a similar level compared to 1 year ago.
  • Compared to 5 years ago, BCE-PR-Q has more shares outstanding
  • Compared to 1 year ago, BCE-PR-Q has a worse debt to assets ratio.
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

  • BCE-PR-Q has an Altman-Z score of 0.64. This is a bad value and indicates that BCE-PR-Q is not financially healthy and even 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.
  • BCE-PR-Q has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-Q would need 10.36 years to pay back of all of its debts.
  • BCE-PR-Q has a worse Debt to FCF ratio (10.36) than 76.67% of its industry peers.
  • BCE-PR-Q has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
  • BCE-PR-Q has a Debt to Equity ratio of 1.57. This is in the lower half of the industry: BCE-PR-Q underperforms 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

  • A Current Ratio of 0.58 indicates that BCE-PR-Q may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.58, BCE-PR-Q is doing worse than 80.00% of the companies in the same industry.
  • 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.
  • Looking at the Quick ratio, with a value of 0.55, BCE-PR-Q is doing worse than 80.00% of the companies in the same industry.
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%.
  • BCE-PR-Q shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.78% yearly.
  • 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

  • Based on estimates for the next years, BCE-PR-Q 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-Q 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.
  • 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

  • A Price/Earnings ratio of 8.76 indicates a reasonable valuation of BCE-PR-Q.
  • 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 66.67% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 28.30. BCE-PR-Q is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 9.38, which indicates a very decent 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 70.00% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 25.57. BCE-PR-Q is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.76
Fwd PE 9.38
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.
  • Based on the Price/Free Cash Flow ratio, BCE-PR-Q is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 5.99
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

  • BCE-PR-Q has a Yearly Dividend Yield of 5.09%, which is a nice return.
  • 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.
  • Compared to an average S&P500 Dividend Yield of 1.82, BCE-PR-Q pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.09%

5.2 History

  • The dividend of BCE-PR-Q has a limited annual growth rate of 4.82%.
  • BCE-PR-Q has been paying a dividend for at least 10 years, so it has 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

  • BCE-PR-Q 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-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 8.76 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.