BCE INC - BCECN 4.45 PERP (BCE-PR-S.CA) Fundamental Analysis & Valuation

TSX:BCE-PR-S • CA05534B8693

20.5 CAD
-0.16 (-0.77%)
Last: Mar 10, 2026, 07:00 PM

This BCE-PR-S.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

BCE-PR-S gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 27 industry peers in the Diversified Telecommunication Services industry. BCE-PR-S has a medium profitability rating, but doesn't score so well on its financial health evaluation. BCE-PR-S is cheap, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

6

1. BCE-PR-S.CA Profitability Analysis

1.1 Basic Checks

  • In the past year BCE-PR-S was profitable.
  • In the past year BCE-PR-S had a positive cash flow from operations.
  • BCE-PR-S had positive earnings in 4 of the past 5 years.
  • BCE-PR-S had a positive operating cash flow in 4 of the past 5 years.
BCE-PR-S.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-S.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-S belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
  • The Return On Equity of BCE-PR-S (27.48%) is better than 83.33% of its industry peers.
  • With a decent Return On Invested Capital value of 4.52%, BCE-PR-S is doing good in the industry, outperforming 76.67% of the companies in the same industry.
  • BCE-PR-S had an Average Return On Invested Capital over the past 3 years of 4.90%. This is in line with the industry average of 5.06%.
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-S.CA Yearly ROA, ROE, ROICBCE-PR-S.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-S has a Profit Margin of 25.21%. This is amongst the best in the industry. BCE-PR-S outperforms 90.00% of its industry peers.
  • In the last couple of years the Profit Margin of BCE-PR-S has declined.
  • Looking at the Operating Margin, with a value of 22.38%, BCE-PR-S is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
  • BCE-PR-S's Operating Margin has been stable in the last couple of years.
  • The Gross Margin of BCE-PR-S (67.92%) is better than 80.00% of its industry peers.
  • BCE-PR-S'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-S.CA Yearly Profit, Operating, Gross MarginsBCE-PR-S.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

3

2. BCE-PR-S.CA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BCE-PR-S is still creating some value.
  • BCE-PR-S has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
BCE-PR-S.CA Yearly Shares OutstandingBCE-PR-S.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-S.CA Yearly Total Debt VS Total AssetsBCE-PR-S.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-S has an Altman-Z score of 0.60. This is a bad value and indicates that BCE-PR-S is not financially healthy and even has some risk of bankruptcy.
  • BCE-PR-S has a Altman-Z score of 0.60. This is in the lower half of the industry: BCE-PR-S underperforms 63.33% of its industry peers.
  • The Debt to FCF ratio of BCE-PR-S is 10.36, which is on the high side as it means it would take BCE-PR-S, 10.36 years of fcf income to pay off all of its debts.
  • BCE-PR-S has a better Debt to FCF ratio (10.36) than 76.67% of its industry peers.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-S has dependencies on debt financing.
  • BCE-PR-S's Debt to Equity ratio of 1.57 is amongst the best of the industry. BCE-PR-S outperforms 83.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.6
ROIC/WACC1.04
WACC4.36%
BCE-PR-S.CA Yearly LT Debt VS Equity VS FCFBCE-PR-S.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-S has a Current Ratio of 0.58. This is a bad value and indicates that BCE-PR-S 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-S is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
  • A Quick Ratio of 0.55 indicates that BCE-PR-S may have some problems paying its short term obligations.
  • The Quick ratio of BCE-PR-S (0.55) is better than 73.33% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-S.CA Yearly Current Assets VS Current LiabilitesBCE-PR-S.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B

2

3. BCE-PR-S.CA Growth Analysis

3.1 Past

  • The earnings per share for BCE-PR-S have decreased by -7.89% in the last year.
  • The Earnings Per Share has been decreasing by -1.57% on average over the past years.
EPS 1Y (TTM)-7.89%
EPS 3Y-5.8%
EPS 5Y-1.57%
EPS Q2Q%-12.66%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%

3.2 Future

  • Based on estimates for the next years, BCE-PR-S will show a small growth in Earnings Per Share. The EPS will grow by 5.22% on average per year.
  • BCE-PR-S is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.51% yearly.
EPS Next Y-3.29%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
EPS Next 5Y5.22%
Revenue Next Year2.11%
Revenue Next 2Y1.65%
Revenue Next 3Y1.57%
Revenue Next 5Y1.51%

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.
BCE-PR-S.CA Yearly Revenue VS EstimatesBCE-PR-S.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-S.CA Yearly EPS VS EstimatesBCE-PR-S.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

8

4. BCE-PR-S.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • BCE-PR-S is valuated cheaply with a Price/Earnings ratio of 7.32.
  • 90.00% of the companies in the same industry are more expensive than BCE-PR-S, based on the Price/Earnings ratio.
  • BCE-PR-S is valuated cheaply when we compare the Price/Earnings ratio to 25.71, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 7.57, which indicates a rather cheap valuation of BCE-PR-S.
  • BCE-PR-S's Price/Forward Earnings ratio is rather cheap when compared to the industry. BCE-PR-S is cheaper than 90.00% of the companies in the same industry.
  • BCE-PR-S is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.82, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 7.32
Fwd PE 7.57
BCE-PR-S.CA Price Earnings VS Forward Price EarningsBCE-PR-S.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 76.67% of the companies in the same industry are more expensive than BCE-PR-S, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BCE-PR-S indicates a rather cheap valuation: BCE-PR-S is cheaper than 86.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 4.83
EV/EBITDA 5.63
BCE-PR-S.CA Per share dataBCE-PR-S.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • BCE-PR-S has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.64%
EPS Next 3Y3.33%

6

5. BCE-PR-S.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.92%, BCE-PR-S is a good candidate for dividend investing.
  • BCE-PR-S's Dividend Yield is comparable with the industry average which is at 4.21.
  • BCE-PR-S's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 4.92%

5.2 History

  • The dividend of BCE-PR-S has a limited annual growth rate of 4.82%.
  • BCE-PR-S has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years0
BCE-PR-S.CA Yearly Dividends per shareBCE-PR-S.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

  • 43.52% of the earnings are spent on dividend by BCE-PR-S. This is a bit on the high side, but may be sustainable.
  • BCE-PR-S's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP43.52%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
BCE-PR-S.CA Yearly Income VS Free CF VS DividendBCE-PR-S.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-S.CA Dividend Payout.BCE-PR-S.CA Dividend Payout, showing the Payout Ratio.BCE-PR-S.CA Dividend Payout.PayoutRetained Earnings

BCE-PR-S.CA Fundamentals: All Metrics, Ratios and Statistics

BCE INC - BCECN 4.45 PERP

TSX:BCE-PR-S (3/10/2026, 7:00:00 PM)

20.5

-0.16 (-0.77%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05
Earnings (Next)05-06
Inst Owners51.76%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap19.12B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts67.62
Price Target21.85 (6.59%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.92%
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-27
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.44%
Min EPS beat(2)-12.22%
Max EPS beat(2)9.34%
EPS beat(4)3
Avg EPS beat(4)4.21%
Min EPS beat(4)-12.22%
Max EPS beat(4)10.64%
EPS beat(8)5
Avg EPS beat(8)2.18%
EPS beat(12)6
Avg EPS beat(12)1.77%
EPS beat(16)10
Avg EPS beat(16)2.48%
Revenue beat(2)1
Avg Revenue beat(2)-0.07%
Min Revenue beat(2)-1.42%
Max Revenue beat(2)1.28%
Revenue beat(4)2
Avg Revenue beat(4)-0.21%
Min Revenue beat(4)-1.42%
Max Revenue beat(4)1.28%
Revenue beat(8)2
Avg Revenue beat(8)-0.91%
Revenue beat(12)3
Avg Revenue beat(12)-0.85%
Revenue beat(16)3
Avg Revenue beat(16)-0.9%
PT rev (1m)-4.44%
PT rev (3m)4.01%
EPS NQ rev (1m)-0.2%
EPS NQ rev (3m)-1.26%
EPS NY rev (1m)0%
EPS NY rev (3m)1.67%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)-0.35%
Revenue NY rev (1m)-0.13%
Revenue NY rev (3m)-0.27%
Valuation
Industry RankSector Rank
PE 7.32
Fwd PE 7.57
P/S 0.78
P/FCF 4.83
P/OCF 2.62
P/B 0.85
P/tB N/A
EV/EBITDA 5.63
EPS(TTM)2.8
EY13.66%
EPS(NY)2.71
Fwd EY13.21%
FCF(TTM)4.24
FCFY20.69%
OCF(TTM)7.83
OCFY38.21%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.95
Profitability
Industry RankSector Rank
ROA 7.85%
ROE 27.48%
ROCE 8.25%
ROIC 4.52%
ROICexc 4.55%
ROICexgc 8.5%
OM 22.38%
PM (TTM) 25.21%
GM 67.92%
FCFM 16.15%
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%
ROICexgc growth 3Y1.14%
ROICexgc 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-Score6
Asset Turnover0.31
Health
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Debt/EBITDA 3.32
Cap/Depr 65.44%
Cap/Sales 13.68%
Interest Coverage 2.91
Cash Conversion 68.91%
Profit Quality 64.08%
Current Ratio 0.58
Quick Ratio 0.55
Altman-Z 0.6
F-Score6
WACC4.36%
ROIC/WACC1.04
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)-7.89%
EPS 3Y-5.8%
EPS 5Y-1.57%
EPS Q2Q%-12.66%
EPS Next Y-3.29%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
EPS Next 5Y5.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%
Revenue Next Year2.11%
Revenue Next 2Y1.65%
Revenue Next 3Y1.57%
Revenue Next 5Y1.51%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.65%
EBIT Next 3Y26.26%
EBIT Next 5Y15.84%
FCF growth 1Y77.12%
FCF growth 3Y-4.23%
FCF growth 5Y-6.84%
OCF growth 1Y-3.63%
OCF growth 3Y-3.43%
OCF growth 5Y-1.95%

BCE INC - BCECN 4.45 PERP / BCE-PR-S.CA FAQ

Can you provide the ChartMill fundamental rating for BCE INC - BCECN 4.45 PERP?

ChartMill assigns a fundamental rating of 5 / 10 to BCE-PR-S.CA.


What is the valuation status for BCE-PR-S stock?

ChartMill assigns a valuation rating of 8 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-S.CA). This can be considered as Undervalued.


Can you provide the profitability details for BCE INC - BCECN 4.45 PERP?

BCE INC - BCECN 4.45 PERP (BCE-PR-S.CA) has a profitability rating of 6 / 10.


What is the valuation of BCE INC - BCECN 4.45 PERP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for BCE INC - BCECN 4.45 PERP (BCE-PR-S.CA) is 7.32 and the Price/Book (PB) ratio is 0.85.


Can you provide the financial health for BCE-PR-S stock?

The financial health rating of BCE INC - BCECN 4.45 PERP (BCE-PR-S.CA) is 3 / 10.