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

TSX:BCE-PR-Q • CA05534B5962

Current stock price

25.32 CAD
+0.02 (+0.08%)
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.
  • BCE-PR-Q had positive earnings in each of the past 5 years.
  • Each year in the past 5 years BCE-PR-Q had a positive operating cash flow.
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 Return On Assets of 7.87%. This is in the lower half of the industry: BCE-PR-Q underperforms 60.71% of its industry peers.
  • BCE-PR-Q has a Return On Equity of 27.39%. This is in the lower half of the industry: BCE-PR-Q underperforms 67.86% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 4.99%, BCE-PR-Q is doing worse than 75.00% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years 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

  • With a Profit Margin value of 25.77%, BCE-PR-Q is not doing good in the industry: 60.71% of the companies in the same industry are doing better.
  • In the last couple of years the Profit Margin of BCE-PR-Q has grown nicely.
  • The Operating Margin of BCE-PR-Q (22.15%) is worse than 75.00% 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.
  • With a Gross Margin value of 68.45%, BCE-PR-Q is not doing good in the industry: 71.43% 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 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.
  • Compared to 1 year ago, BCE-PR-Q has more shares outstanding
  • The number of shares outstanding for BCE-PR-Q has been increased compared to 5 years ago.
  • Compared to 1 year ago, BCE-PR-Q has an improved 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 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.
  • The Altman-Z score of BCE-PR-Q (0.63) is better than 78.57% of its industry peers.
  • 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 has a worse Debt to FCF ratio (12.50) than 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.
  • BCE-PR-Q's Debt to Equity ratio of 1.52 is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 67.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.52
Debt/FCF 12.5
Altman-Z 0.63
ROIC/WACC1.07
WACC4.65%
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

  • 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.
  • Looking at the Current ratio, with a value of 0.58, BCE-PR-Q is doing worse than 75.00% of the companies in the same industry.
  • A Quick Ratio of 0.55 indicates that BCE-PR-Q may have some problems paying its short term obligations.
  • The Quick ratio of BCE-PR-Q (0.55) is worse than 75.00% 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 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%.
  • BCE-PR-Q shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.57% yearly.
  • Looking at the last year, BCE-PR-Q shows a small growth in Revenue. The Revenue has grown by 0.24% in the last year.
  • BCE-PR-Q shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.35% yearly.
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.
  • Based on estimates for the next years, BCE-PR-Q will show a small growth in Revenue. The Revenue will grow by 1.68% on average per year.
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

  • 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.
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 9.04.
  • BCE-PR-Q's Price/Earnings ratio is a bit more expensive when compared to the industry. BCE-PR-Q is more expensive than 64.29% of the companies 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 26.91.
  • BCE-PR-Q is valuated reasonably with a Price/Forward Earnings ratio of 9.75.
  • Based on the Price/Forward Earnings ratio, BCE-PR-Q is valued a bit more expensive than 67.86% 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 (23.69), we can say BCE-PR-Q is valued rather cheaply.
Industry RankSector Rank
PE 9.04
Fwd PE 9.75
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

  • BCE-PR-Q's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BCE-PR-Q is more expensive than 67.86% of the companies in the same industry.
  • 67.86% of the companies in the same industry are cheaper than BCE-PR-Q, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 7.19
EV/EBITDA 6.04
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

  • 34.53% of the earnings are spent on dividend by BCE-PR-Q. This is a low number and 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 (4/8/2026, 7:00:00 PM)

25.32

+0.02 (+0.08%)

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 Cap23.61B
Revenue(TTM)24.47B
Net Income(TTM)6.30B
Analysts67.62
Price Target26.73 (5.57%)
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 9.04
Fwd PE 9.75
P/S 0.97
P/FCF 7.19
P/OCF 3.38
P/B 1.03
P/tB N/A
EV/EBITDA 6.04
EPS(TTM)2.8
EY11.06%
EPS(NY)2.6
Fwd EY10.25%
FCF(TTM)3.52
FCFY13.91%
OCF(TTM)7.49
OCFY29.59%
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
WACC4.65%
ROIC/WACC1.07
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 9.04 and the Price/Book (PB) ratio is 1.03.


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%.