BCE INC (BCE) Stock Fundamental Analysis
USA - NYSE:BCE - CA05534B7604 - Common Stock
22.93 USD
+0.16 (+0.7%)
Taking everything into account, BCE scores 5 out of 10 in our fundamental rating. BCE was compared to 36 industry peers in the Diversified Telecommunication Services industry. BCE scores excellent on profitability, but there are concerns on its financial health. BCE is valued quite cheap, while showing a decent growth score. This is a good combination! BCE also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
BCE had positive earnings in the past year.
In the past year BCE had a positive cash flow from operations.
BCE had positive earnings in each of the past 5 years.
In the past 5 years BCE always reported a positive cash flow from operatings.
1.2 Ratios
BCE has a Return On Assets of 7.85%. This is amongst the best in the industry. BCE outperforms 94.44% of its industry peers.
The Return On Equity of BCE (27.48%) is better than 97.22% of its industry peers.
BCE has a better Return On Invested Capital (6.52%) than 75.00% 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 6.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.85% | ||
| ROE | 27.48% | ||
| ROIC | 6.52% |
ROA(3y)2.34%
ROA(5y)3.04%
ROE(3y)7.82%
ROE(5y)9.47%
ROIC(3y)7.08%
ROIC(5y)7.18%
1.3 Margins
Looking at the Profit Margin, with a value of 25.21%, BCE belongs to the top of the industry, outperforming 97.22% of the companies in the same industry.
BCE's Profit Margin has declined in the last couple of years.
The Operating Margin of BCE (22.38%) is better than 86.11% of its industry peers.
BCE's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 67.92%, BCE belongs to the top of the industry, outperforming 86.11% 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 | 22.38% | ||
| 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%
2. Health
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.
The number of shares outstanding for BCE remains at a similar level 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 is higher compared to a year ago.
2.2 Solvency
BCE has an Altman-Z score of 0.71. 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 (0.71) than 61.11% of its industry peers.
The Debt to FCF ratio of BCE is 10.36, which is on the high side as it means it would take BCE, 10.36 years of fcf income to pay off all of its debts.
BCE has a Debt to FCF ratio of 10.36. This is in the better half of the industry: BCE outperforms 63.89% of its industry peers.
BCE has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
BCE has a worse Debt to Equity ratio (1.57) than 63.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 10.36 | ||
| Altman-Z | 0.71 |
ROIC/WACC1.27
WACC5.14%
2.3 Liquidity
A Current Ratio of 0.58 indicates that BCE may have some problems paying its short term obligations.
BCE has a worse Current ratio (0.58) than 86.11% of its industry peers.
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.
The Quick ratio of BCE (0.55) is worse than 86.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
BCE shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -3.20%.
BCE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.78% yearly.
The Revenue has been growing slightly by 0.11% in the past year.
The Revenue has been growing slightly by 0.51% on average over the past years.
EPS 1Y (TTM)-3.2%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%7.15%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%3.72%
3.2 Future
The Earnings Per Share is expected to grow by 1.66% on average over the next years.
Based on estimates for the next years, BCE will show a small growth in Revenue. The Revenue will grow by 1.83% on average per year.
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.66%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y1.83%
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.02, the valuation of BCE can be described as reasonable.
BCE's Price/Earnings ratio is rather cheap when compared to the industry. BCE is cheaper than 86.11% of the companies in the same industry.
BCE is valuated cheaply when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 11.81, the valuation of BCE can be described as very reasonable.
83.33% of the companies in the same industry are more expensive than BCE, based on the Price/Forward Earnings ratio.
BCE's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.02 | ||
| Fwd PE | 11.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BCE is valued a bit cheaper than the industry average as 72.22% of the companies are valued more expensively.
BCE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BCE is cheaper than 80.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.57 | ||
| EV/EBITDA | 6.63 |
4.3 Compensation for Growth
The decent profitability rating of BCE may justify a higher PE ratio.
A cheap valuation may be justified as BCE's earnings are expected to decrease with -3.28% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.49%, BCE is a good candidate for dividend investing.
BCE's Dividend Yield is rather good when compared to the industry average which is at 5.29. BCE pays more dividend than 83.33% of the companies in the same industry.
BCE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.49% |
5.2 History
The dividend of BCE has a limited annual growth rate of 4.82%.
BCE has paid a dividend for at least 10 years, which is a reliable track record.
BCE has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years16
Div Non Decr Years16
5.3 Sustainability
43.52% of the earnings are spent on dividend by BCE. This is a bit on the high side, but may be sustainable.
BCE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP43.52%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
NYSE:BCE (11/13/2025, 12:38:01 PM)
22.93
+0.16 (+0.7%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners47.57%
Inst Owner Change-2.16%
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap21.38B
Revenue(TTM)24.49B
Net Income(TTM)6.17B
Analysts64.55
Price Target25.62 (11.73%)
Short Float %2.7%
Short Ratio8.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.49% |
Yearly Dividend2.97
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years16
Div Non Decr Years16
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.5%
Min EPS beat(2)-12.22%
Max EPS beat(2)11.22%
EPS beat(4)3
Avg EPS beat(4)4.68%
Min EPS beat(4)-12.22%
Max EPS beat(4)11.22%
EPS beat(8)5
Avg EPS beat(8)2.42%
EPS beat(12)6
Avg EPS beat(12)1.92%
EPS beat(16)10
Avg EPS beat(16)2.6%
Revenue beat(2)2
Avg Revenue beat(2)1.11%
Min Revenue beat(2)0.93%
Max Revenue beat(2)1.28%
Revenue beat(4)3
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-0.87%
Max Revenue beat(4)1.28%
Revenue beat(8)3
Avg Revenue beat(8)-0.62%
Revenue beat(12)4
Avg Revenue beat(12)-0.65%
Revenue beat(16)4
Avg Revenue beat(16)-0.75%
PT rev (1m)0.17%
PT rev (3m)3.49%
EPS NQ rev (1m)1.11%
EPS NQ rev (3m)-4.83%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.77%
Revenue NQ rev (1m)0.03%
Revenue NQ rev (3m)3.52%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.02 | ||
| Fwd PE | 11.81 | ||
| P/S | 1.22 | ||
| P/FCF | 7.57 | ||
| P/OCF | 4.1 | ||
| P/B | 1.33 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.63 |
EPS(TTM)2.08
EY9.07%
EPS(NY)1.94
Fwd EY8.47%
FCF(TTM)3.03
FCFY13.2%
OCF(TTM)5.59
OCFY24.38%
SpS18.74
BVpS17.19
TBVpS-6.28
PEG (NY)N/A
PEG (5Y)N/A
Graham Number28.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.85% | ||
| ROE | 27.48% | ||
| ROCE | 8.25% | ||
| ROIC | 6.52% | ||
| ROICexc | 6.57% | ||
| ROICexgc | 12.28% | ||
| 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)7.08%
ROIC(5y)7.18%
ROICexc(3y)7.23%
ROICexc(5y)7.29%
ROICexgc(3y)13.21%
ROICexgc(5y)13.21%
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 Rank | Sector 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 | 0.71 |
F-Score6
WACC5.14%
ROIC/WACC1.27
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)-3.2%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%7.15%
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.66%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%3.72%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y1.83%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.58%
EBIT Next 3Y26.41%
EBIT Next 5Y16.08%
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 / BCE 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 of BCE INC (BCE) stock?
ChartMill assigns a valuation rating of 6 / 10 to BCE INC (BCE). This can be considered as Fairly Valued.
How profitable is BCE INC (BCE) stock?
BCE INC (BCE) has a profitability rating of 7 / 10.
What are the PE and PB ratios of BCE INC (BCE) stock?
The Price/Earnings (PE) ratio for BCE INC (BCE) is 11.02 and the Price/Book (PB) ratio is 1.33.
How sustainable is the dividend of BCE INC (BCE) stock?
The dividend rating of BCE INC (BCE) is 8 / 10 and the dividend payout ratio is 43.52%.