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

Overall BCE-PR-Q gets a fundamental rating of 3 out of 10. We evaluated BCE-PR-Q against 30 industry peers in the Diversified Telecommunication Services industry. BCE-PR-Q may be in some trouble as it scores bad on both profitability and health. BCE-PR-Q is valied quite expensively at the moment, while 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

  • In the past year BCE-PR-Q was profitable.
  • 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.
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 Return On Assets of 7.85%. This is in the lower half of the industry: BCE-PR-Q underperforms 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.
  • With a Return On Invested Capital value of 4.52%, BCE-PR-Q is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
  • 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

  • BCE-PR-Q's Profit Margin of 25.21% is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 63.33% of its industry peers.
  • BCE-PR-Q's Profit Margin has declined in the last couple of years.
  • BCE-PR-Q's Operating Margin of 22.38% is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 76.67% of its industry peers.
  • BCE-PR-Q's Operating Margin has been stable in the last couple of years.
  • BCE-PR-Q's Gross Margin of 67.92% is on the low side compared to the rest of the industry. BCE-PR-Q is outperformed by 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.
  • BCE-PR-Q has about the same amout of shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, BCE-PR-Q has more shares outstanding
  • The debt/assets ratio for BCE-PR-Q is higher 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 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.
  • 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 worse Debt to Equity ratio (1.57) than 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 has a Current ratio of 0.58. This is amonst the worse of the industry: BCE-PR-Q underperforms 80.00% 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.
  • The Quick ratio of BCE-PR-Q (0.55) is worse 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

  • The earnings per share for BCE-PR-Q have decreased by -3.65% in the last year.
  • BCE-PR-Q shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.78% yearly.
  • Looking at the last year, BCE-PR-Q shows a small growth in Revenue. The Revenue has grown by 0.11% in the last year.
  • Measured over the past years, BCE-PR-Q shows a small growth in Revenue. The Revenue has been growing by 0.51% on average per year.
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

  • The Earnings Per Share is expected to grow by 0.73% on average over the next years.
  • The Revenue is expected to grow by 1.65% on average over the next years.
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.
  • 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 1 2 3

3

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 8.76, the valuation of BCE-PR-Q can be described as very reasonable.
  • Based on the Price/Earnings ratio, BCE-PR-Q is valued a bit more expensive than 66.67% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of BCE-PR-Q to the average of the S&P500 Index (28.32), we can say BCE-PR-Q is valued rather cheaply.
  • BCE-PR-Q is valuated reasonably with a Price/Forward Earnings ratio of 9.38.
  • 70.00% of the companies in the same industry are cheaper than BCE-PR-Q, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of BCE-PR-Q to the average of the S&P500 Index (25.57), we can say BCE-PR-Q is valued rather cheaply.
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA 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.
  • 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 5.99
EV/EBITDA 6.06
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.
  • Compared to an average industry Dividend Yield of 4.45, BCE-PR-Q pays a better dividend. On top of this BCE-PR-Q pays more dividend than 86.67% 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 1.83.
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.
  • BCE-PR-Q's earnings are growing slower than its dividend. 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.