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

TSX:BCE-PR-B • CA05534B6952

20.8 CAD
-0.1 (-0.48%)
Last: Feb 17, 2026, 07:00 PM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to BCE-PR-B. BCE-PR-B was compared to 30 industry peers in the Diversified Telecommunication Services industry. There are concerns on the financial health of BCE-PR-B while its profitability can be described as average. BCE-PR-B has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year BCE-PR-B was profitable.
  • BCE-PR-B had a positive operating cash flow in the past year.
  • Of the past 5 years BCE-PR-B 4 years were profitable.
  • BCE-PR-B had a positive operating cash flow in 4 of the past 5 years.
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 2B 4B 6B 8B

1.2 Ratios

  • The Return On Assets of BCE-PR-B (7.85%) is better than 70.00% of its industry peers.
  • Looking at the Return On Equity, with a value of 27.48%, BCE-PR-B is in the better half of the industry, outperforming 63.33% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 4.52%, BCE-PR-B is in line with its industry, outperforming 53.33% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for BCE-PR-B is in line with the industry average of 5.00%.
Industry RankSector Rank
ROA 7.85%
ROE 27.48%
ROIC 4.52%
ROA(3y)2.34%
ROA(5y)3.04%
ROE(3y)7.82%
ROE(5y)9.47%
ROIC(3y)4.9%
ROIC(5y)4.97%
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 5 10 15

1.3 Margins

  • BCE-PR-B's Profit Margin of 25.21% is fine compared to the rest of the industry. BCE-PR-B outperforms 70.00% of its industry peers.
  • BCE-PR-B's Profit Margin has declined in the last couple of years.
  • BCE-PR-B's Operating Margin of 22.38% is in line compared to the rest of the industry. BCE-PR-B outperforms 56.67% of its industry peers.
  • In the last couple of years the Operating Margin of BCE-PR-B has remained more or less at the same level.
  • Looking at the Gross Margin, with a value of 67.92%, BCE-PR-B is in line with its industry, outperforming 60.00% of the companies in the same industry.
  • In the last couple of years the Gross Margin of BCE-PR-B has remained more or less at the same level.
Industry RankSector 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%
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 20 40 60

2

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE-PR-B is creating some value.
  • There is no outstanding debt for BCE-PR-B. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
BCE-PR-B.CA Yearly Shares OutstandingBCE-PR-B.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 20B 40B 60B

2.2 Solvency

  • BCE-PR-B has an Altman-Z score of 0.60. 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's Altman-Z score of 0.60 is in line compared to the rest of the industry. BCE-PR-B outperforms 46.67% of its industry peers.
  • BCE-PR-B has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-B would need 10.36 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 10.36, BCE-PR-B is in line with its industry, outperforming 56.67% of the companies in the same industry.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-B has dependencies on debt financing.
  • BCE-PR-B's Debt to Equity ratio of 1.57 is fine compared to the rest of the industry. BCE-PR-B outperforms 63.33% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.6
ROIC/WACC1.04
WACC4.36%
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 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.
  • BCE-PR-B has a Current ratio (0.58) which is in line with 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.
  • BCE-PR-B has a Quick ratio (0.55) which is comparable to the rest of the 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 5B 10B

2

3. Growth

3.1 Past

  • The earnings per share for BCE-PR-B have decreased by -7.89% in the last year.
  • The Earnings Per Share has been decreasing by -1.57% 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)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%

3.2 Future

  • The Earnings Per Share is expected to grow by 5.22% 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 1.49% yearly.
EPS Next Y-3.29%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
EPS Next 5Y5.22%
Revenue Next Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y1.49%

3.3 Evolution

  • The EPS 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. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.43, the valuation of BCE-PR-B can be described as very cheap.
  • Based on the Price/Earnings ratio, BCE-PR-B is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Earnings ratio of 27.16, BCE-PR-B is valued rather cheaply.
  • BCE-PR-B is valuated cheaply with a Price/Forward Earnings ratio of 7.68.
  • Based on the Price/Forward Earnings ratio, BCE-PR-B is valued a bit cheaper than 63.33% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.10, BCE-PR-B is valued rather cheaply.
Industry RankSector Rank
PE 7.43
Fwd PE 7.68
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

  • Based on the Enterprise Value to EBITDA ratio, BCE-PR-B is valued a bit cheaper than 63.33% of the companies in the same industry.
  • BCE-PR-B's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BCE-PR-B is cheaper than 66.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF 4.9
EV/EBITDA 5.66
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

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.64%
EPS Next 3Y3.33%

5

5. Dividend

5.1 Amount

  • BCE-PR-B has a Yearly Dividend Yield of 3.41%.
  • BCE-PR-B's Dividend Yield is comparable with the industry average which is at 3.24.
  • Compared to an average S&P500 Dividend Yield of 1.82, BCE-PR-B pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.41%

5.2 History

  • The dividend of BCE-PR-B has a limited annual growth rate of 4.82%.
  • BCE-PR-B has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)4.82%
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

  • 43.52% of the earnings are spent on dividend by BCE-PR-B. This is a bit on the high side, but may be sustainable.
  • BCE-PR-B's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP43.52%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
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 1B 2B 3B
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 INC - BCECN 4.45 PERP

TSX:BCE-PR-B (2/17/2026, 7:00:00 PM)

20.8

-0.1 (-0.48%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-05
Earnings (Next)05-06
Inst Owners47.26%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap19.40B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts68.18
Price Target21.98 (5.67%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.41%
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years0
Ex-Date01-30
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.44%
Min EPS beat(2)-12.22%
Max EPS beat(2)9.34%
EPS beat(4)3
Avg EPS beat(4)4.21%
Min EPS beat(4)-12.22%
Max EPS beat(4)10.64%
EPS beat(8)5
Avg EPS beat(8)2.18%
EPS beat(12)6
Avg EPS beat(12)1.77%
EPS beat(16)10
Avg EPS beat(16)2.48%
Revenue beat(2)1
Avg Revenue beat(2)-0.07%
Min Revenue beat(2)-1.42%
Max Revenue beat(2)1.28%
Revenue beat(4)2
Avg Revenue beat(4)-0.21%
Min Revenue beat(4)-1.42%
Max Revenue beat(4)1.28%
Revenue beat(8)2
Avg Revenue beat(8)-0.91%
Revenue beat(12)3
Avg Revenue beat(12)-0.85%
Revenue beat(16)3
Avg Revenue beat(16)-0.9%
PT rev (1m)-4.98%
PT rev (3m)4.17%
EPS NQ rev (1m)-0.2%
EPS NQ rev (3m)-3.03%
EPS NY rev (1m)0%
EPS NY rev (3m)1.67%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)-0.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.14%
Valuation
Industry RankSector Rank
PE 7.43
Fwd PE 7.68
P/S 0.79
P/FCF 4.9
P/OCF 2.66
P/B 0.86
P/tB N/A
EV/EBITDA 5.66
EPS(TTM)2.8
EY13.46%
EPS(NY)2.71
Fwd EY13.02%
FCF(TTM)4.24
FCFY20.39%
OCF(TTM)7.83
OCFY37.66%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.95
Profitability
Industry RankSector Rank
ROA 7.85%
ROE 27.48%
ROCE 8.25%
ROIC 4.52%
ROICexc 4.55%
ROICexgc 8.5%
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)4.9%
ROIC(5y)4.97%
ROICexc(3y)5.01%
ROICexc(5y)5.05%
ROICexgc(3y)9.15%
ROICexgc(5y)9.15%
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 RankSector 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 0.6
F-Score6
WACC4.36%
ROIC/WACC1.04
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)-7.89%
EPS 3Y-5.8%
EPS 5Y-1.57%
EPS Q2Q%-12.66%
EPS Next Y-3.29%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
EPS Next 5Y5.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%
Revenue Next Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y1.49%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.99%
EBIT Next 3Y26.65%
EBIT Next 5Y15.84%
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 - BCECN 4.45 PERP / BCE-PR-B.CA FAQ

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

ChartMill assigns a fundamental rating of 4 / 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 5 / 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 7.43 and the Price/Book (PB) ratio is 0.86.


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 -3.29% in the next year.