BCE INC (BCE) Fundamental Analysis & Valuation
NYSE:BCE • CA05534B7604
Current stock price
24.45 USD
-0.93 (-3.66%)
At close:
24.35 USD
-0.1 (-0.41%)
After Hours:
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.
- In the past 5 years BCE has always been profitable.
- Each year in the past 5 years BCE had a positive operating cash flow.
1.2 Ratios
- BCE has a Return On Assets of 7.87%. This is amongst the best in the industry. BCE outperforms 91.89% of its industry peers.
- BCE's Return On Equity of 27.39% is amongst the best of the industry. BCE outperforms 94.59% of its industry peers.
- With a decent Return On Invested Capital value of 4.99%, BCE is doing good in the industry, outperforming 64.86% of the companies in the same industry.
- BCE had an Average Return On Invested Capital over the past 3 years of 5.24%. This 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
- 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.
- BCE's Operating Margin of 22.15% is amongst the best of the industry. BCE outperforms 89.19% of its industry peers.
- BCE's Operating Margin has been stable in the last couple of years.
- BCE's Gross Margin of 68.45% is amongst the best of the industry. BCE outperforms 83.78% of its industry peers.
- BCE's Gross Margin has been stable in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BCE is still creating some value.
- Compared to 1 year ago, BCE has more shares outstanding
- BCE has more shares outstanding than it did 5 years ago.
- BCE has a better debt/assets ratio than last year.
2.2 Solvency
- BCE has an Altman-Z score of 0.72. This is a bad value and indicates that BCE is not financially healthy and even has some risk of bankruptcy.
- With a Altman-Z score value of 0.72, BCE is not doing good in the industry: 70.27% of the companies in the same industry are doing better.
- 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 of 12.50. This is comparable to the rest of the industry: BCE outperforms 56.76% of its industry peers.
- A Debt/Equity ratio of 1.52 is on the high side and indicates that BCE has dependencies on debt financing.
- The Debt to Equity ratio of BCE (1.52) is worse than 67.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.52 | ||
| Debt/FCF | 12.5 | ||
| Altman-Z | 0.72 |
ROIC/WACC1.08
WACC4.6%
2.3 Liquidity
- A Current Ratio of 0.58 indicates that BCE may have some problems paying its short term obligations.
- BCE has a Current ratio of 0.58. This is amonst the worse of the industry: BCE underperforms 91.89% of its industry peers.
- 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 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%.
- Measured over the past years, BCE shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.57% on average per year.
- BCE shows a small growth in Revenue. In the last year, the Revenue has grown by 0.24%.
- Measured over the past years, BCE shows a small growth in Revenue. The Revenue has been growing by 1.35% on average per year.
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 Year2.48%
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.
4. BCE Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 12.16, BCE is valued correctly.
- Compared to the rest of the industry, the Price/Earnings ratio of BCE indicates a rather cheap valuation: BCE is cheaper than 83.78% of the companies listed in the same industry.
- The average S&P500 Price/Earnings ratio is at 25.60. BCE is valued rather cheaply when compared to this.
- Based on the Price/Forward Earnings ratio of 13.10, the valuation of BCE can be described as correct.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BCE indicates a somewhat cheap valuation: BCE is cheaper than 70.27% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of BCE to the average of the S&P500 Index (22.84), we can say BCE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.16 | ||
| Fwd PE | 13.1 |
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 70.27% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, BCE is valued a bit cheaper than the industry average as 78.38% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.66 | ||
| EV/EBITDA | 6.8 |
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 4.99%, BCE is a good candidate for dividend investing.
- BCE's Dividend Yield is rather good when compared to the industry average which is at 2.27. BCE pays more dividend than 86.49% of the companies in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.90, BCE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
5.2 History
- The dividend of BCE decreases each year by -7.24%.
- BCE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-7.24%
Div Incr Years0
Div Non Decr Years0
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
24.45
-0.93 (-3.66%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)04-30 2026-04-30
Inst Owners51.76%
Inst Owner Change0%
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap22.80B
Revenue(TTM)24.47B
Net Income(TTM)6.30B
Analysts67.62
Price Target27.09 (10.8%)
Short Float %2.04%
Short Ratio5.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.99% |
Yearly Dividend1.7
Dividend Growth(5Y)-7.24%
DP34.53%
Div Incr Years0
Div Non Decr Years0
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)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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.16 | ||
| Fwd PE | 13.1 | ||
| P/S | 1.3 | ||
| P/FCF | 9.66 | ||
| P/OCF | 4.54 | ||
| P/B | 1.38 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.8 |
EPS(TTM)2.01
EY8.22%
EPS(NY)1.87
Fwd EY7.63%
FCF(TTM)2.53
FCFY10.36%
OCF(TTM)5.39
OCFY22.03%
SpS18.86
BVpS17.75
TBVpS-5.74
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.33
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 | 0.72 |
F-Score7
WACC4.6%
ROIC/WACC1.08
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 / 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 12.16 and the Price/Book (PB) ratio is 1.38.
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.