BCE INC (BCE) Fundamental Analysis & Valuation

NYSE:BCE • CA05534B7604

Current stock price

23.35 USD
-0.54 (-2.26%)
At close:
23.31 USD
-0.04 (-0.17%)
Pre-Market:

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

8

1. BCE Profitability Analysis

1.1 Basic Checks

  • In the past year BCE was profitable.
  • BCE had a positive operating cash flow in the past year.
  • In the past 5 years BCE has always been profitable.
  • BCE had a positive operating cash flow in each of the past 5 years.
BCE Yearly Net Income VS EBIT VS OCF VS FCFBCE 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's Return On Assets of 7.87% is amongst the best of the industry. BCE outperforms 91.89% of its industry peers.
  • The Return On Equity of BCE (27.39%) is better than 94.59% of its industry peers.
  • BCE has a Return On Invested Capital of 4.99%. This is in the better half of the industry: BCE outperforms 64.86% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for BCE is in line with the industry average of 5.92%.
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 Yearly ROA, ROE, ROICBCE 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

  • Looking at the Profit Margin, with a value of 25.77%, BCE belongs to the top of the industry, outperforming 94.59% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BCE has grown nicely.
  • The Operating Margin of BCE (22.15%) is better than 89.19% of its industry peers.
  • BCE's Operating Margin has been stable in the last couple of years.
  • BCE has a better Gross Margin (68.45%) than 83.78% of its industry peers.
  • BCE's Gross Margin has been stable in the last couple of years.
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 Yearly Profit, Operating, Gross MarginsBCE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

1

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.
  • The debt/assets ratio for BCE has been reduced compared to a year ago.
BCE Yearly Shares OutstandingBCE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
BCE Yearly Total Debt VS Total AssetsBCE 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

  • Based on the Altman-Z score of 0.70, we must say that BCE is in the distress zone and has some risk of bankruptcy.
  • BCE's Altman-Z score of 0.70 is on the low side compared to the rest of the industry. BCE is outperformed by 70.27% of its industry peers.
  • BCE has a debt to FCF ratio of 12.50. This is a negative value and a sign of low solvency as BCE would need 12.50 years to pay back of all of its debts.
  • With a Debt to FCF ratio value of 12.50, BCE perfoms like the industry average, outperforming 56.76% of the companies in the same industry.
  • BCE has a Debt/Equity ratio of 1.52. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.52, BCE is doing worse than 67.57% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.52
Debt/FCF 12.5
Altman-Z 0.7
ROIC/WACC1.1
WACC4.55%
BCE Yearly LT Debt VS Equity VS FCFBCE 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 has a Current Ratio of 0.58. This is a bad value and indicates that BCE 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 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.
  • With a Quick ratio value of 0.55, BCE is not doing good in the industry: 89.19% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE Yearly Current Assets VS Current LiabilitesBCE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. BCE Growth Analysis

3.1 Past

  • The earnings per share for BCE have decreased by -7.89% in the last year.
  • BCE 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 shows a small growth in Revenue. The Revenue has grown by 0.24% in the last year.
  • 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

  • The Earnings Per Share is expected to grow by 5.39% on average over the next years.
  • The Revenue is expected to grow by 1.68% on average over the next years.
EPS Next Y-7.42%
EPS Next 2Y-1.36%
EPS Next 3Y1.55%
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.
  • 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.
BCE Yearly Revenue VS EstimatesBCE 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 Yearly EPS VS EstimatesBCE 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

More info and screens

Find the best growth stocksShow best growing peers

6

4. BCE Valuation Analysis

4.1 Price/Earnings Ratio

  • BCE is valuated reasonably with a Price/Earnings ratio of 11.50.
  • 81.08% of the companies in the same industry are more expensive than BCE, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 26.86. BCE is valued rather cheaply when compared to this.
  • With a Price/Forward Earnings ratio of 12.45, BCE is valued correctly.
  • Based on the Price/Forward Earnings ratio, BCE is valued a bit cheaper than 75.68% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of BCE to the average of the S&P500 Index (37.39), we can say BCE is valued rather cheaply.
Industry RankSector Rank
PE 11.5
Fwd PE 12.45
BCE Price Earnings VS Forward Price EarningsBCE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

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.
  • BCE's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BCE is cheaper than 78.38% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.16
EV/EBITDA 6.65
BCE Per share dataBCE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10 15

4.3 Compensation for Growth

  • The excellent profitability rating of BCE may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.36%
EPS Next 3Y1.55%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. BCE Dividend Analysis

5.1 Amount

  • BCE has a Yearly Dividend Yield of 5.30%, which is a nice return.
  • BCE's Dividend Yield is rather good when compared to the industry average which is at 2.24. BCE pays more dividend than 86.49% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, BCE pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.3%

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.
Dividend Growth(5Y)-7.24%
Div Incr Years0
Div Non Decr Years0
BCE Yearly Dividends per shareBCE Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 0 0 0 0

5.3 Sustainability

  • BCE pays out 34.53% of its income as dividend. This is a sustainable payout ratio.
DP34.53%
EPS Next 2Y-1.36%
EPS Next 3Y1.55%
BCE Yearly Income VS Free CF VS DividendBCE 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 Dividend Payout.BCE Dividend Payout, showing the Payout Ratio.BCE Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

BCE Fundamentals: All Metrics, Ratios and Statistics

BCE INC

NYSE:BCE (4/10/2026, 8:07:26 PM)

Premarket: 23.31 -0.04 (-0.17%)

23.35

-0.54 (-2.26%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05
Earnings (Next)05-07
Inst Owners51.67%
Inst Owner Change0%
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap21.77B
Revenue(TTM)24.47B
Net Income(TTM)6.30B
Analysts67.62
Price Target26.88 (15.12%)
Short Float %2.04%
Short Ratio5.25
Dividend
Industry RankSector Rank
Dividend Yield 5.3%
Yearly Dividend1.71
Dividend Growth(5Y)-7.24%
DP34.53%
Div Incr Years0
Div Non Decr Years0
Ex-Date03-16
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)-0.8%
PT rev (3m)0.67%
EPS NQ rev (1m)1.57%
EPS NQ rev (3m)-3.02%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-4.69%
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 11.5
Fwd PE 12.45
P/S 1.23
P/FCF 9.16
P/OCF 4.31
P/B 1.31
P/tB N/A
EV/EBITDA 6.65
EPS(TTM)2.03
EY8.69%
EPS(NY)1.88
Fwd EY8.03%
FCF(TTM)2.55
FCFY10.91%
OCF(TTM)5.42
OCFY23.21%
SpS18.98
BVpS17.86
TBVpS-5.78
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.56
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 0.7
F-Score7
WACC4.55%
ROIC/WACC1.1
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-7.42%
EPS Next 2Y-1.36%
EPS Next 3Y1.55%
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 Year103.95%
EBIT Next 3Y29.05%
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 11.5 and the Price/Book (PB) ratio is 1.31.


Can you provide the expected EPS growth for BCE stock?

The Earnings per Share (EPS) of BCE INC (BCE) is expected to decline by -7.42% in the next year.