BCE INC (BCE) Fundamental Analysis & Valuation
NYSE:BCE • CA05534B7604
Current stock price
25.38 USD
+0.14 (+0.55%)
At close:
25.09 USD
-0.29 (-1.14%)
Pre-Market:
This BCE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. BCE Profitability Analysis
1.1 Basic Checks
- BCE had positive earnings in the past year.
- BCE had a positive operating cash flow in the past year.
- BCE had positive earnings in each of the past 5 years.
- Each year in the past 5 years BCE had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 7.87%, BCE belongs to the best of the industry, outperforming 91.89% of the companies in the same industry.
- The Return On Equity of BCE (27.39%) is better than 94.59% of its industry peers.
- The Return On Invested Capital of BCE (4.99%) is better than 64.86% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for BCE is in line with the industry average of 5.91%.
| Industry Rank | Sector 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%
1.3 Margins
- BCE has a Profit Margin of 25.77%. This is amongst the best in the industry. BCE outperforms 94.59% of its industry peers.
- BCE's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 22.15%, BCE belongs to the best of the industry, outperforming 89.19% of the companies in the same industry.
- In the last couple of years the Operating Margin of BCE has remained more or less at the same level.
- BCE has a Gross Margin of 68.45%. This is amongst the best in the industry. BCE outperforms 83.78% of its industry peers.
- In the last couple of years the Gross Margin of BCE has remained more or less at the same level.
| Industry Rank | Sector 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%
2. BCE Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE is creating some value.
- The number of shares outstanding for BCE has been increased compared to 1 year ago.
- The number of shares outstanding for BCE has been increased compared to 5 years ago.
- BCE has a better debt/assets ratio than last year.
2.2 Solvency
- BCE has an Altman-Z score of 0.73. This is a bad value and indicates that BCE is not financially healthy and even has some risk of bankruptcy.
- BCE has a worse Altman-Z score (0.73) than 70.27% of its industry peers.
- The Debt to FCF ratio of BCE is 12.50, which is on the high side as it means it would take BCE, 12.50 years of fcf income to pay off all of its debts.
- BCE has a Debt to FCF ratio (12.50) which is in line with its industry peers.
- A Debt/Equity ratio of 1.52 is on the high side and indicates that BCE has dependencies on debt financing.
- BCE has a worse Debt to Equity ratio (1.52) than 67.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.52 | ||
| Debt/FCF | 12.5 | ||
| Altman-Z | 0.73 |
ROIC/WACC1.07
WACC4.65%
2.3 Liquidity
- A Current Ratio of 0.58 indicates that BCE may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.58, BCE is doing worse than 91.89% of the companies in the same industry.
- A Quick Ratio of 0.55 indicates that BCE may have some problems paying its short term obligations.
- The Quick ratio of BCE (0.55) is worse than 89.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.55 |
3. BCE Growth Analysis
3.1 Past
- BCE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.89%.
- BCE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.57% yearly.
- BCE shows a small growth in Revenue. In the last year, the Revenue has grown by 0.24%.
- BCE 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
- BCE is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.39% yearly.
- BCE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.68% yearly.
EPS Next Y-7.27%
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
EPS Next 5Y5.39%
Revenue Next Year2.27%
Revenue Next 2Y1.8%
Revenue Next 3Y1.53%
Revenue Next 5Y1.68%
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.
4. BCE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 12.56 indicates a correct valuation of BCE.
- BCE's Price/Earnings ratio is rather cheap when compared to the industry. BCE is cheaper than 81.08% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 25.51, BCE is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 13.58, the valuation of BCE can be described as correct.
- Based on the Price/Forward Earnings ratio, BCE is valued a bit cheaper than 70.27% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 22.76. BCE is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.56 | ||
| Fwd PE | 13.58 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BCE indicates a somewhat cheap valuation: BCE is cheaper than 64.86% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, BCE is valued a bit cheaper than 72.97% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.01 | ||
| EV/EBITDA | 6.91 |
4.3 Compensation for Growth
- BCE has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
5. BCE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 4.96%, BCE is a good candidate for dividend investing.
- BCE's Dividend Yield is rather good when compared to the industry average which is at 2.23. BCE pays more dividend than 86.49% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.89, BCE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
5.2 History
- The dividend of BCE decreases each year by -7.24%.
- BCE has been paying a dividend for at least 10 years, so it has a reliable track record.
- BCE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-7.24%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
- 34.53% of the earnings are spent on dividend by BCE. This is a low number and sustainable payout ratio.
DP34.53%
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
BCE Fundamentals: All Metrics, Ratios and Statistics
25.38
+0.14 (+0.55%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)05-06 2026-05-06
Inst Owners51.76%
Inst Owner Change4.79%
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap23.67B
Revenue(TTM)24.47B
Net Income(TTM)6.30B
Analysts67.62
Price Target27.09 (6.74%)
Short Float %2.04%
Short Ratio5.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
Yearly Dividend1.7
Dividend Growth(5Y)-7.24%
DP34.53%
Div Incr Years16
Div Non Decr Years16
Ex-Date03-16 2026-03-16 (0.4375)
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)1.48%
EPS NQ rev (1m)0.17%
EPS NQ rev (3m)-4.36%
EPS NY rev (1m)-4.12%
EPS NY rev (3m)-4.54%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)-1.08%
Revenue NY rev (1m)0.15%
Revenue NY rev (3m)-0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.56 | ||
| Fwd PE | 13.58 | ||
| P/S | 1.34 | ||
| P/FCF | 10.01 | ||
| P/OCF | 4.71 | ||
| P/B | 1.43 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.91 |
EPS(TTM)2.02
EY7.96%
EPS(NY)1.87
Fwd EY7.36%
FCF(TTM)2.53
FCFY9.99%
OCF(TTM)5.39
OCFY21.25%
SpS18.88
BVpS17.77
TBVpS-5.75
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.42
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 0.73 |
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 Year2.27%
Revenue Next 2Y1.8%
Revenue Next 3Y1.53%
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 / BCE Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for BCE INC?
ChartMill assigns a fundamental rating of 5 / 10 to BCE.
What is the valuation status for BCE stock?
ChartMill assigns a valuation rating of 6 / 10 to BCE INC (BCE). This can be considered as Fairly Valued.
Can you provide the profitability details for BCE INC?
BCE INC (BCE) has a profitability rating of 8 / 10.
What are the PE and PB ratios of BCE INC (BCE) stock?
The Price/Earnings (PE) ratio for BCE INC (BCE) is 12.56 and the Price/Book (PB) ratio is 1.43.
Can you provide the expected EPS growth for BCE stock?
The Earnings per Share (EPS) of BCE INC (BCE) is expected to decline by -7.27% in the next year.