BCE INC (BCE) Fundamental Analysis & Valuation
NYSE:BCE • CA05534B7604
Current stock price
23.85 USD
+0.35 (+1.49%)
At close:
23.85 USD
0 (0%)
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
- In the past year BCE was profitable.
- In the past year BCE had a positive cash flow from operations.
- BCE had positive earnings in each of the past 5 years.
- BCE had a positive operating cash flow in each of the past 5 years.
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.
- With an excellent Return On Equity value of 27.39%, BCE belongs to the best of the industry, outperforming 94.59% of the companies in the same industry.
- 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 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's Profit Margin of 25.77% is amongst the best of the industry. BCE outperforms 94.59% of its industry peers.
- BCE's Profit Margin has improved in the last couple of years.
- BCE has a Operating Margin of 22.15%. This is amongst the best in the industry. BCE outperforms 89.19% of its industry peers.
- BCE's Operating Margin has been stable in the last couple of years.
- With an excellent Gross Margin value of 68.45%, BCE belongs to the best of the industry, outperforming 83.78% of the companies in the same industry.
- 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
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE is creating some value.
- Compared to 1 year ago, BCE has more shares outstanding
- BCE has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for BCE has been reduced compared to a year ago.
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 has a worse Altman-Z score (0.70) than 72.97% 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.
- The Debt to FCF ratio of BCE (12.50) is comparable to the rest of the industry.
- A Debt/Equity ratio of 1.52 is on the high side and indicates that BCE has dependencies on debt 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.52 | ||
| Debt/FCF | 12.5 | ||
| Altman-Z | 0.7 |
ROIC/WACC1.09
WACC4.57%
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.
- With a Current ratio value of 0.58, BCE is not doing good in the industry: 91.89% of the companies in the same industry are doing better.
- BCE has a Quick 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.
- 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
- 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.
- The Revenue has been growing slightly by 1.35% 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)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.
- Based on estimates for the next years, BCE will show a small growth in Revenue. The Revenue will grow by 1.68% on average per year.
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. BCE Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 11.81, the valuation of BCE can be described as reasonable.
- 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.
- Compared to an average S&P500 Price/Earnings ratio of 27.34, BCE is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 12.74, the valuation of BCE can be described as correct.
- Based on the Price/Forward Earnings ratio, BCE is valued a bit cheaper than 75.68% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 38.18, BCE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.81 | ||
| Fwd PE | 12.74 |
4.2 Price Multiples
- 64.86% of the companies in the same industry are more expensive than BCE, based on the Enterprise Value to EBITDA ratio.
- 78.38% of the companies in the same industry are more expensive than BCE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.38 | ||
| EV/EBITDA | 6.67 |
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%
5. BCE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 5.30%, BCE is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 2.24, BCE pays a better dividend. On top of this BCE pays more dividend than 86.49% of the companies listed in the same industry.
- BCE's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.3% |
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
- 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 Fundamentals: All Metrics, Ratios and Statistics
23.85
+0.35 (+1.49%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)05-07 2026-05-07
Inst Owners51.67%
Inst Owner Change0%
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap22.24B
Revenue(TTM)24.47B
Net Income(TTM)6.30B
Analysts67.62
Price Target26.88 (12.7%)
Short Float %1.69%
Short Ratio4.22
Dividend
| Industry Rank | Sector 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 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)-0.8%
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.81 | ||
| Fwd PE | 12.74 | ||
| P/S | 1.26 | ||
| P/FCF | 9.38 | ||
| P/OCF | 4.41 | ||
| P/B | 1.34 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.67 |
EPS(TTM)2.02
EY8.47%
EPS(NY)1.87
Fwd EY7.85%
FCF(TTM)2.54
FCFY10.66%
OCF(TTM)5.41
OCFY22.69%
SpS18.95
BVpS17.83
TBVpS-5.77
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.47
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 | 0.7 |
F-Score7
WACC4.57%
ROIC/WACC1.09
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 11.81 and the Price/Book (PB) ratio is 1.34.
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.