BCE INC - BCECN 6.538 PERP (BCE-PR-Q.CA) Stock Fundamental Analysis
TSX:BCE-PR-Q - Toronto Stock Exchange - CA05534B5962 - Currency: CAD
Overall BCE-PR-Q gets a fundamental rating of 3 out of 10. We evaluated BCE-PR-Q against 29 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 valued expensive and it does not seem to be growing. Finally BCE-PR-Q also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
BCE-PR-Q had positive earnings in the past year.
In the past year BCE-PR-Q had a positive cash flow from operations.
BCE-PR-Q had positive earnings in each of the past 5 years.
In the past 5 years BCE-PR-Q always reported a positive cash flow from operatings.
1.2 Ratios
BCE-PR-Q has a Return On Assets of 0.22%. This is in the lower half of the industry: BCE-PR-Q underperforms 79.31% of its industry peers.
The Return On Equity of BCE-PR-Q (0.95%) is worse than 79.31% of its industry peers.
BCE-PR-Q has a Return On Invested Capital of 5.18%. This is in the lower half of the industry: BCE-PR-Q underperforms 75.86% 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 5.54%.
The last Return On Invested Capital (5.18%) for BCE-PR-Q is above the 3 year average (4.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.22% | ||
| ROE | 0.95% | ||
| ROIC | 5.18% |
ROA(3y)2.34%
ROA(5y)3.04%
ROE(3y)7.82%
ROE(5y)9.47%
ROIC(3y)4.9%
ROIC(5y)4.97%
1.3 Margins
BCE-PR-Q's Profit Margin of 0.67% is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 79.31% of its industry peers.
BCE-PR-Q's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 22.73%, BCE-PR-Q is not doing good in the industry: 79.31% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of BCE-PR-Q has remained more or less at the same level.
With a Gross Margin value of 68.43%, BCE-PR-Q is not doing good in the industry: 72.41% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of BCE-PR-Q has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.73% | ||
| PM (TTM) | 0.67% | ||
| GM | 68.43% |
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%
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.
The number of shares outstanding for BCE-PR-Q remains at a similar level compared to 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 is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.54, we must say that BCE-PR-Q is in the distress zone and has some risk of bankruptcy.
BCE-PR-Q has a better Altman-Z score (0.54) than 75.86% of its industry peers.
BCE-PR-Q has a debt to FCF ratio of 14.54. This is a negative value and a sign of low solvency as BCE-PR-Q would need 14.54 years to pay back of all of its debts.
The Debt to FCF ratio of BCE-PR-Q (14.54) is worse than 68.97% of its industry peers.
BCE-PR-Q has a Debt/Equity ratio of 1.92. This is a high value indicating a heavy dependency on external financing.
BCE-PR-Q has a Debt to Equity ratio of 1.92. This is in the lower half of the industry: BCE-PR-Q underperforms 72.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.92 | ||
| Debt/FCF | 14.54 | ||
| Altman-Z | 0.54 |
ROIC/WACC1.2
WACC4.32%
2.3 Liquidity
A Current Ratio of 0.60 indicates that BCE-PR-Q may have some problems paying its short term obligations.
The Current ratio of BCE-PR-Q (0.60) is worse than 79.31% of its industry peers.
A Quick Ratio of 0.57 indicates that BCE-PR-Q may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.57, BCE-PR-Q is doing worse than 79.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The earnings per share for BCE-PR-Q have decreased by -5.30% in the last year.
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 decreased by -1.07% in the past year.
BCE-PR-Q shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.51% yearly.
EPS 1Y (TTM)-5.3%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%3.95%
Revenue 1Y (TTM)-1.07%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%-0.79%
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 6.71% yearly.
BCE-PR-Q is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.25% yearly.
EPS Next Y-8.98%
EPS Next 2Y-5.7%
EPS Next 3Y-2.78%
EPS Next 5Y6.71%
Revenue Next Year0.02%
Revenue Next 2Y1.13%
Revenue Next 3Y0.96%
Revenue Next 5Y2.25%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BCE-PR-Q is valuated cheaply with a Price/Earnings ratio of 7.41.
65.52% of the companies in the same industry are cheaper than BCE-PR-Q, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 28.87, BCE-PR-Q is valued rather cheaply.
The Price/Forward Earnings ratio is 8.14, which indicates a very decent valuation of BCE-PR-Q.
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 68.97% of the companies in the same industry.
BCE-PR-Q's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 21.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.41 | ||
| Fwd PE | 8.14 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BCE-PR-Q is valued a bit more expensive than 68.97% 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 65.52% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.45 | ||
| EV/EBITDA | 5.56 |
4.3 Compensation for Growth
A cheap valuation may be justified as BCE-PR-Q's earnings are expected to decrease with -2.78% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.7%
EPS Next 3Y-2.78%
5. Dividend
5.1 Amount
BCE-PR-Q has a Yearly Dividend Yield of 13.09%, which is a nice return.
Compared to an average industry Dividend Yield of 11.56, BCE-PR-Q pays a better dividend. On top of this BCE-PR-Q pays more dividend than 96.55% of the companies listed in the same industry.
BCE-PR-Q's Dividend Yield is rather good when compared to the S&P500 average which is at 2.46.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.09% |
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 their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years2
Div Non Decr Years10
5.3 Sustainability
BCE-PR-Q pays out 2331.29% of its income as dividend. This is not a sustainable payout ratio.
BCE-PR-Q's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP2331.29%
EPS Next 2Y-5.7%
EPS Next 3Y-2.78%
TSX:BCE-PR-Q (4/25/2025, 7:00:00 PM)
22.52
+0.02 (+0.09%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners43.19%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap20.76B
Analysts50.91
Price Target25.76 (14.39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 13.09% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP2331.29%
Div Incr Years2
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.75%
Min EPS beat(2)-3.58%
Max EPS beat(2)9.09%
EPS beat(4)2
Avg EPS beat(4)1.8%
Min EPS beat(4)-3.58%
Max EPS beat(4)9.09%
EPS beat(8)4
Avg EPS beat(8)1.97%
EPS beat(12)7
Avg EPS beat(12)2.4%
EPS beat(16)10
Avg EPS beat(16)2.68%
Revenue beat(2)1
Avg Revenue beat(2)-0.91%
Min Revenue beat(2)-1.99%
Max Revenue beat(2)0.17%
Revenue beat(4)1
Avg Revenue beat(4)-1.32%
Min Revenue beat(4)-1.99%
Max Revenue beat(4)0.17%
Revenue beat(8)2
Avg Revenue beat(8)-1.12%
Revenue beat(12)2
Avg Revenue beat(12)-1.01%
Revenue beat(16)3
Avg Revenue beat(16)-1.04%
PT rev (1m)4.41%
PT rev (3m)-6.64%
EPS NQ rev (1m)-2.34%
EPS NQ rev (3m)-5.3%
EPS NY rev (1m)-0.29%
EPS NY rev (3m)-4.08%
Revenue NQ rev (1m)-0.38%
Revenue NQ rev (3m)-1.77%
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)-0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.41 | ||
| Fwd PE | 8.14 | ||
| P/S | 0.85 | ||
| P/FCF | 7.45 | ||
| P/OCF | 2.88 | ||
| P/B | 1.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.56 |
EPS(TTM)3.04
EY13.5%
EPS(NY)2.77
Fwd EY12.29%
FCF(TTM)3.02
FCFY13.42%
OCF(TTM)7.82
OCFY34.75%
SpS26.48
BVpS18.52
TBVpS-10.82
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.22% | ||
| ROE | 0.95% | ||
| ROCE | 9.46% | ||
| ROIC | 5.18% | ||
| ROICexc | 5.36% | ||
| ROICexgc | 10.25% | ||
| OM | 22.73% | ||
| PM (TTM) | 0.67% | ||
| GM | 68.43% | ||
| FCFM | 11.41% |
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%
ROICexcg growth 3Y1.14%
ROICexcg 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-Score5
Asset Turnover0.33
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.92 | ||
| Debt/FCF | 14.54 | ||
| Debt/EBITDA | 3.1 | ||
| Cap/Depr | 87.84% | ||
| Cap/Sales | 18.14% | ||
| Interest Coverage | 3.15 | ||
| Cash Conversion | 68.12% | ||
| Profit Quality | 1708.59% | ||
| Current Ratio | 0.6 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.54 |
F-Score5
WACC4.32%
ROIC/WACC1.2
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)-5.3%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%3.95%
EPS Next Y-8.98%
EPS Next 2Y-5.7%
EPS Next 3Y-2.78%
EPS Next 5Y6.71%
Revenue 1Y (TTM)-1.07%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%-0.79%
Revenue Next Year0.02%
Revenue Next 2Y1.13%
Revenue Next 3Y0.96%
Revenue Next 5Y2.25%
EBIT growth 1Y0.89%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year92.66%
EBIT Next 3Y25.9%
EBIT Next 5Y16.03%
FCF growth 1Y-7.38%
FCF growth 3Y-4.23%
FCF growth 5Y-6.84%
OCF growth 1Y-7.18%
OCF growth 3Y-3.43%
OCF growth 5Y-1.95%