BCE INC - BCECN 4.95 PERP (BCE-PR-D.CA) Stock Fundamental Analysis
TSX:BCE-PR-D - CA05534B6879
19.05 CAD
-0.05 (-0.26%)
Overall BCE-PR-D gets a fundamental rating of 5 out of 10. We evaluated BCE-PR-D against 30 industry peers in the Diversified Telecommunication Services industry. BCE-PR-D scores excellent on profitability, but there are concerns on its financial health. BCE-PR-D has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BCE-PR-D was profitable.
BCE-PR-D had a positive operating cash flow in the past year.
Each year in the past 5 years BCE-PR-D has been profitable.
BCE-PR-D had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 0.61%, BCE-PR-D is doing good in the industry, outperforming 63.33% of the companies in the same industry.
With a decent Return On Equity value of 2.40%, BCE-PR-D is doing good in the industry, outperforming 63.33% of the companies in the same industry.
BCE-PR-D has a Return On Invested Capital of 5.04%. This is in the better half of the industry: BCE-PR-D outperforms 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BCE-PR-D is in line with the industry average of 5.44%.
The last Return On Invested Capital (5.04%) for BCE-PR-D is above the 3 year average (4.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 2.4% | ||
| ROIC | 5.04% |
ROA(3y)2.34%
ROA(5y)3.04%
ROE(3y)7.82%
ROE(5y)9.47%
ROIC(3y)4.9%
ROIC(5y)4.97%
1.3 Margins
With a decent Profit Margin value of 1.77%, BCE-PR-D is doing good in the industry, outperforming 63.33% of the companies in the same industry.
In the last couple of years the Profit Margin of BCE-PR-D has declined.
With a decent Operating Margin value of 22.50%, BCE-PR-D is doing good in the industry, outperforming 63.33% of the companies in the same industry.
BCE-PR-D's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 67.94%, BCE-PR-D is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
In the last couple of years the Gross Margin of BCE-PR-D has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.5% | ||
| PM (TTM) | 1.77% | ||
| GM | 67.94% |
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-PR-D is still creating some value.
Compared to 1 year ago, BCE-PR-D has about the same amount of shares outstanding.
Compared to 5 years ago, BCE-PR-D has more shares outstanding
Compared to 1 year ago, BCE-PR-D has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.56, we must say that BCE-PR-D is in the distress zone and has some risk of bankruptcy.
BCE-PR-D has a Altman-Z score of 0.56. This is in the lower half of the industry: BCE-PR-D underperforms 60.00% of its industry peers.
The Debt to FCF ratio of BCE-PR-D is 9.25, which is on the high side as it means it would take BCE-PR-D, 9.25 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BCE-PR-D (9.25) is better than 66.67% of its industry peers.
A Debt/Equity ratio of 1.80 is on the high side and indicates that BCE-PR-D has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.80, BCE-PR-D is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 0.56 |
ROIC/WACC1.18
WACC4.29%
2.3 Liquidity
BCE-PR-D has a Current Ratio of 0.61. This is a bad value and indicates that BCE-PR-D is not financially healthy enough and could expect problems in meeting its short term obligations.
BCE-PR-D's Current ratio of 0.61 is fine compared to the rest of the industry. BCE-PR-D outperforms 63.33% of its industry peers.
A Quick Ratio of 0.57 indicates that BCE-PR-D may have some problems paying its short term obligations.
BCE-PR-D has a better Quick ratio (0.57) than 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
BCE-PR-D shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.84%.
The Earnings Per Share has been decreasing by -2.78% on average over the past years.
The Revenue has decreased by -0.66% in the past year.
BCE-PR-D shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.51% yearly.
EPS 1Y (TTM)-6.84%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%-19.23%
Revenue 1Y (TTM)-0.66%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.33%
3.2 Future
The Earnings Per Share is expected to grow by 1.28% on average over the next years.
Based on estimates for the next years, BCE-PR-D will show a small growth in Revenue. The Revenue will grow by 2.16% on average per year.
EPS Next Y-10.34%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
EPS Next 5Y1.28%
Revenue Next Year1.67%
Revenue Next 2Y2.26%
Revenue Next 3Y1.79%
Revenue Next 5Y2.16%
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. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.66, the valuation of BCE-PR-D can be described as very cheap.
Based on the Price/Earnings ratio, BCE-PR-D is valued a bit cheaper than 76.67% of the companies in the same industry.
BCE-PR-D's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.14.
With a Price/Forward Earnings ratio of 6.92, the valuation of BCE-PR-D can be described as very cheap.
Based on the Price/Forward Earnings ratio, BCE-PR-D is valued a bit cheaper than the industry average as 76.67% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of BCE-PR-D to the average of the S&P500 Index (22.80), we can say BCE-PR-D is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.66 | ||
| Fwd PE | 6.92 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BCE-PR-D is valued a bit 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-D indicates a somewhat cheap valuation: BCE-PR-D is cheaper than 76.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.37 | ||
| EV/EBITDA | 5.19 |
4.3 Compensation for Growth
The decent profitability rating of BCE-PR-D may justify a higher PE ratio.
BCE-PR-D's earnings are expected to decrease with -3.11% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
5. Dividend
5.1 Amount
BCE-PR-D has a Yearly Dividend Yield of 7.56%, which is a nice return.
Compared to an average industry Dividend Yield of 7.11, BCE-PR-D has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, BCE-PR-D pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.56% |
5.2 History
The dividend of BCE-PR-D has a limited annual growth rate of 4.82%.
BCE-PR-D has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
739.72% of the earnings are spent on dividend by BCE-PR-D. This is not a sustainable payout ratio.
The dividend of BCE-PR-D is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP739.72%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
TSX:BCE-PR-D (8/26/2025, 7:00:00 PM)
19.05
-0.05 (-0.26%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners47.35%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap17.76B
Analysts53.91
Price Target18.91 (-0.73%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.56% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP739.72%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.79%
Min EPS beat(2)-12.22%
Max EPS beat(2)10.64%
EPS beat(4)2
Avg EPS beat(4)0.98%
Min EPS beat(4)-12.22%
Max EPS beat(4)10.64%
EPS beat(8)4
Avg EPS beat(8)0.86%
EPS beat(12)6
Avg EPS beat(12)1.28%
EPS beat(16)9
Avg EPS beat(16)1.85%
Revenue beat(2)1
Avg Revenue beat(2)0.21%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)1.28%
Revenue beat(4)2
Avg Revenue beat(4)-0.35%
Min Revenue beat(4)-1.99%
Max Revenue beat(4)1.28%
Revenue beat(8)2
Avg Revenue beat(8)-0.99%
Revenue beat(12)3
Avg Revenue beat(12)-0.8%
Revenue beat(16)3
Avg Revenue beat(16)-0.98%
PT rev (1m)-1.65%
PT rev (3m)-2.95%
EPS NQ rev (1m)-0.35%
EPS NQ rev (3m)-4.67%
EPS NY rev (1m)-1.49%
EPS NY rev (3m)-1.49%
Revenue NQ rev (1m)2.84%
Revenue NQ rev (3m)1.45%
Revenue NY rev (1m)1.78%
Revenue NY rev (3m)1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.66 | ||
| Fwd PE | 6.92 | ||
| P/S | 0.73 | ||
| P/FCF | 4.37 | ||
| P/OCF | 2.37 | ||
| P/B | 0.98 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.19 |
EPS(TTM)2.86
EY15.01%
EPS(NY)2.75
Fwd EY14.45%
FCF(TTM)4.36
FCFY22.87%
OCF(TTM)8.03
OCFY42.13%
SpS26.17
BVpS19.37
TBVpS-9.48
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.61% | ||
| ROE | 2.4% | ||
| ROCE | 9.22% | ||
| ROIC | 5.04% | ||
| ROICexc | 5.09% | ||
| ROICexgc | 9.35% | ||
| OM | 22.5% | ||
| PM (TTM) | 1.77% | ||
| GM | 67.94% | ||
| FCFM | 16.64% |
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%
ROICexcg growth 3Y1.14%
ROICexcg 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-Score5
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Debt/EBITDA | 3.08 | ||
| Cap/Depr | 67.52% | ||
| Cap/Sales | 14.02% | ||
| Interest Coverage | 3.06 | ||
| Cash Conversion | 70.88% | ||
| Profit Quality | 938.11% | ||
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 | ||
| Altman-Z | 0.56 |
F-Score5
WACC4.29%
ROIC/WACC1.18
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)-6.84%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%-19.23%
EPS Next Y-10.34%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
EPS Next 5Y1.28%
Revenue 1Y (TTM)-0.66%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.33%
Revenue Next Year1.67%
Revenue Next 2Y2.26%
Revenue Next 3Y1.79%
Revenue Next 5Y2.16%
EBIT growth 1Y0.22%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year91.5%
EBIT Next 3Y25.46%
EBIT Next 5Y15.75%
FCF growth 1Y117.69%
FCF growth 3Y-4.23%
FCF growth 5Y-6.84%
OCF growth 1Y3.74%
OCF growth 3Y-3.43%
OCF growth 5Y-1.95%