BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) Fundamental Analysis & Valuation

TSX:BCE-PR-B • CA05534B6952

Current stock price

20.1 CAD
+0.03 (+0.15%)
Last:

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

7

1. BCE-PR-B.CA Profitability Analysis

1.1 Basic Checks

  • In the past year BCE-PR-B was profitable.
  • In the past year BCE-PR-B had a positive cash flow from operations.
  • In the past 5 years BCE-PR-B has always been profitable.
  • Each year in the past 5 years BCE-PR-B had a positive operating cash flow.
BCE-PR-B.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-B.CA 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-PR-B has a better Return On Assets (7.87%) than 80.00% of its industry peers.
  • BCE-PR-B has a better Return On Equity (27.39%) than 73.33% of its industry peers.
  • BCE-PR-B has a Return On Invested Capital of 4.99%. This is in the better half of the industry: BCE-PR-B outperforms 66.67% of its industry peers.
  • BCE-PR-B had an Average Return On Invested Capital over the past 3 years of 5.24%. This is in line with the industry average of 5.39%.
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-PR-B.CA Yearly ROA, ROE, ROICBCE-PR-B.CA 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

  • BCE-PR-B has a Profit Margin of 25.77%. This is in the better half of the industry: BCE-PR-B outperforms 80.00% of its industry peers.
  • BCE-PR-B's Profit Margin has improved in the last couple of years.
  • The Operating Margin of BCE-PR-B (22.15%) is better than 66.67% of its industry peers.
  • BCE-PR-B's Operating Margin has been stable in the last couple of years.
  • BCE-PR-B has a better Gross Margin (68.45%) than 70.00% of its industry peers.
  • BCE-PR-B'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-PR-B.CA Yearly Profit, Operating, Gross MarginsBCE-PR-B.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

3

2. BCE-PR-B.CA Health Analysis

2.1 Basic Checks

  • BCE-PR-B has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • Compared to 1 year ago, BCE-PR-B has more shares outstanding
  • Compared to 5 years ago, BCE-PR-B has more shares outstanding
  • The debt/assets ratio for BCE-PR-B has been reduced compared to a year ago.
BCE-PR-B.CA Yearly Shares OutstandingBCE-PR-B.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M
BCE-PR-B.CA Yearly Total Debt VS Total AssetsBCE-PR-B.CA 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

  • BCE-PR-B has an Altman-Z score of 0.58. This is a bad value and indicates that BCE-PR-B is not financially healthy and even has some risk of bankruptcy.
  • BCE-PR-B has a Altman-Z score of 0.58. This is in the lower half of the industry: BCE-PR-B underperforms 63.33% of its industry peers.
  • The Debt to FCF ratio of BCE-PR-B is 12.50, which is on the high side as it means it would take BCE-PR-B, 12.50 years of fcf income to pay off all of its debts.
  • BCE-PR-B has a Debt to FCF ratio of 12.50. This is in the better half of the industry: BCE-PR-B outperforms 66.67% of its industry peers.
  • A Debt/Equity ratio of 1.52 is on the high side and indicates that BCE-PR-B has dependencies on debt financing.
  • The Debt to Equity ratio of BCE-PR-B (1.52) is better than 73.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.52
Debt/FCF 12.5
Altman-Z 0.58
ROIC/WACC1.15
WACC4.33%
BCE-PR-B.CA Yearly LT Debt VS Equity VS FCFBCE-PR-B.CA 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

  • A Current Ratio of 0.58 indicates that BCE-PR-B may have some problems paying its short term obligations.
  • The Current ratio of BCE-PR-B (0.58) is better than 66.67% of its industry peers.
  • BCE-PR-B has a Quick Ratio of 0.58. This is a bad value and indicates that BCE-PR-B is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 0.55, BCE-PR-B is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-B.CA Yearly Current Assets VS Current LiabilitesBCE-PR-B.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

4

3. BCE-PR-B.CA Growth Analysis

3.1 Past

  • BCE-PR-B 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-PR-B shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.57% on average per year.
  • BCE-PR-B shows a small growth in Revenue. In the last year, the Revenue has grown by 0.24%.
  • Measured over the past years, BCE-PR-B 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

  • The Earnings Per Share is expected to grow by 5.39% on average over the next years.
  • BCE-PR-B 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

  • 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.
BCE-PR-B.CA Yearly Revenue VS EstimatesBCE-PR-B.CA 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-PR-B.CA Yearly EPS VS EstimatesBCE-PR-B.CA 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

6

4. BCE-PR-B.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 7.18, which indicates a rather cheap valuation of BCE-PR-B.
  • Compared to the rest of the industry, the Price/Earnings ratio of BCE-PR-B indicates a somewhat cheap valuation: BCE-PR-B is cheaper than 80.00% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 25.23. BCE-PR-B is valued rather cheaply when compared to this.
  • A Price/Forward Earnings ratio of 7.74 indicates a rather cheap valuation of BCE-PR-B.
  • BCE-PR-B's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BCE-PR-B is cheaper than 80.00% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 22.42. BCE-PR-B is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.18
Fwd PE 7.74
BCE-PR-B.CA Price Earnings VS Forward Price EarningsBCE-PR-B.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • BCE-PR-B's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. BCE-PR-B is cheaper than 73.33% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of BCE-PR-B indicates a somewhat cheap valuation: BCE-PR-B is cheaper than 76.67% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 5.71
EV/EBITDA 5.58
BCE-PR-B.CA Per share dataBCE-PR-B.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The decent profitability rating of BCE-PR-B may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.8%
EPS Next 3Y0.01%

5

5. BCE-PR-B.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.95%, BCE-PR-B is a good candidate for dividend investing.
  • BCE-PR-B's Dividend Yield is comparable with the industry average which is at 4.29.
  • BCE-PR-B's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
Industry RankSector Rank
Dividend Yield 4.95%

5.2 History

  • The dividend of BCE-PR-B decreases each year by -7.24%.
  • BCE-PR-B 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-PR-B.CA Yearly Dividends per shareBCE-PR-B.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 34.53% of the earnings are spent on dividend by BCE-PR-B. This is a low number and sustainable payout ratio.
DP34.53%
EPS Next 2Y-1.8%
EPS Next 3Y0.01%
BCE-PR-B.CA Yearly Income VS Free CF VS DividendBCE-PR-B.CA 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-PR-B.CA Dividend Payout.BCE-PR-B.CA Dividend Payout, showing the Payout Ratio.BCE-PR-B.CA Dividend Payout.PayoutRetained Earnings

BCE-PR-B.CA Fundamentals: All Metrics, Ratios and Statistics

BCE INC - BCECN 4.45 PERP

TSX:BCE-PR-B (3/20/2026, 7:00:00 PM)

20.1

+0.03 (+0.15%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05
Earnings (Next)05-06
Inst Owners51.76%
Inst Owner ChangeN/A
Ins Owners0.05%
Ins Owner ChangeN/A
Market Cap18.74B
Revenue(TTM)24.47B
Net Income(TTM)6.30B
Analysts67.62
Price Target21.51 (7.01%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.95%
Yearly Dividend2.36
Dividend Growth(5Y)-7.24%
DP34.53%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-27
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)-2.13%
PT rev (3m)-7.01%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.52%
EPS NY rev (1m)-4.12%
EPS NY rev (3m)-5.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.92%
Revenue NY rev (1m)-0.87%
Revenue NY rev (3m)-0.89%
Valuation
Industry RankSector Rank
PE 7.18
Fwd PE 7.74
P/S 0.77
P/FCF 5.71
P/OCF 2.68
P/B 0.81
P/tB N/A
EV/EBITDA 5.58
EPS(TTM)2.8
EY13.93%
EPS(NY)2.6
Fwd EY12.92%
FCF(TTM)3.52
FCFY17.52%
OCF(TTM)7.49
OCFY37.28%
SpS26.24
BVpS24.69
TBVpS-7.98
PEG (NY)N/A
PEG (5Y)N/A
Graham Number39.44
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 0.58
F-Score7
WACC4.33%
ROIC/WACC1.15
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 - BCECN 4.45 PERP / BCE-PR-B.CA Fundamental Analysis FAQ

What is the fundamental rating for BCE-PR-B stock?

ChartMill assigns a fundamental rating of 5 / 10 to BCE-PR-B.CA.


What is the valuation status for BCE-PR-B stock?

ChartMill assigns a valuation rating of 6 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA). This can be considered as Fairly Valued.


What is the profitability of BCE-PR-B stock?

BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) has a profitability rating of 7 / 10.


What is the valuation of BCE INC - BCECN 4.45 PERP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) is 7.18 and the Price/Book (PB) ratio is 0.81.


What is the earnings growth outlook for BCE INC - BCECN 4.45 PERP?

The Earnings per Share (EPS) of BCE INC - BCECN 4.45 PERP (BCE-PR-B.CA) is expected to decline by -7.27% in the next year.