BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) Stock Fundamental Analysis

TSX:BCE-PR-F • CA05534B7455

23.1 CAD
+0.07 (+0.3%)
Last: Feb 23, 2026, 07:00 PM
Fundamental Rating

2

BCE-PR-F gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 28 industry peers in the Diversified Telecommunication Services industry. BCE-PR-F has a bad profitability rating. Also its financial health evaluation is rather negative. BCE-PR-F does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year BCE-PR-F was profitable.
  • In the past year BCE-PR-F had a positive cash flow from operations.
  • BCE-PR-F had positive earnings in 4 of the past 5 years.
  • Of the past 5 years BCE-PR-F 4 years had a positive operating cash flow.
BCE-PR-F.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-F.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

  • BCE-PR-F has a Return On Assets of 7.85%. This is in the lower half of the industry: BCE-PR-F underperforms 60.71% of its industry peers.
  • Looking at the Return On Equity, with a value of 27.48%, BCE-PR-F is doing worse than 67.86% of the companies in the same industry.
  • BCE-PR-F's Return On Invested Capital of 4.52% is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 75.00% of its industry peers.
  • BCE-PR-F had an Average Return On Invested Capital over the past 3 years of 4.90%. This 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-F.CA Yearly ROA, ROE, ROICBCE-PR-F.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • Looking at the Profit Margin, with a value of 25.21%, BCE-PR-F is doing worse than 60.71% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BCE-PR-F has declined.
  • BCE-PR-F's Operating Margin of 22.38% is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 75.00% of its industry peers.
  • BCE-PR-F's Operating Margin has been stable in the last couple of years.
  • The Gross Margin of BCE-PR-F (67.92%) is worse than 71.43% of its industry peers.
  • In the last couple of years the Gross Margin of BCE-PR-F 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-F.CA Yearly Profit, Operating, Gross MarginsBCE-PR-F.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

1

2. Health

2.1 Basic Checks

  • BCE-PR-F has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • BCE-PR-F has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
BCE-PR-F.CA Yearly Shares OutstandingBCE-PR-F.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-F.CA Yearly Total Debt VS Total AssetsBCE-PR-F.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-F has an Altman-Z score of 0.62. This is a bad value and indicates that BCE-PR-F is not financially healthy and even has some risk of bankruptcy.
  • BCE-PR-F's Altman-Z score of 0.62 is fine compared to the rest of the industry. BCE-PR-F outperforms 75.00% of its industry peers.
  • The Debt to FCF ratio of BCE-PR-F is 10.36, which is on the high side as it means it would take BCE-PR-F, 10.36 years of fcf income to pay off all of its debts.
  • With a Debt to FCF ratio value of 10.36, BCE-PR-F is not doing good in the industry: 75.00% of the companies in the same industry are doing better.
  • BCE-PR-F has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
  • BCE-PR-F has a Debt to Equity ratio of 1.57. This is in the lower half of the industry: BCE-PR-F underperforms 67.86% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.62
ROIC/WACC1
WACC4.5%
BCE-PR-F.CA Yearly LT Debt VS Equity VS FCFBCE-PR-F.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

  • BCE-PR-F has a Current Ratio of 0.58. This is a bad value and indicates that BCE-PR-F is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Current ratio of BCE-PR-F (0.58) is worse than 78.57% of its industry peers.
  • BCE-PR-F has a Quick Ratio of 0.58. This is a bad value and indicates that BCE-PR-F is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of BCE-PR-F (0.55) is worse than 78.57% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-F.CA Yearly Current Assets VS Current LiabilitesBCE-PR-F.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

  • BCE-PR-F shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.89%.
  • 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

  • Based on estimates for the next years, BCE-PR-F will show a small growth in Earnings Per Share. The EPS will grow by 5.22% on average per year.
  • BCE-PR-F 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

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

3

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 8.25, the valuation of BCE-PR-F can be described as very reasonable.
  • Compared to the rest of the industry, the Price/Earnings ratio of BCE-PR-F indicates a slightly more expensive valuation: BCE-PR-F is more expensive than 60.71% of the companies listed in the same industry.
  • BCE-PR-F is valuated cheaply when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 8.53, the valuation of BCE-PR-F can be described as very reasonable.
  • BCE-PR-F's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BCE-PR-F is more expensive than 67.86% of the companies in the same industry.
  • BCE-PR-F's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.75.
Industry RankSector Rank
PE 8.25
Fwd PE 8.53
BCE-PR-F.CA Price Earnings VS Forward Price EarningsBCE-PR-F.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-F is valued a bit more expensive than 67.86% of the companies in the same industry.
  • BCE-PR-F's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. BCE-PR-F is more expensive than 64.29% of the companies in the same industry.
Industry RankSector Rank
P/FCF 5.45
EV/EBITDA 5.85
BCE-PR-F.CA Per share dataBCE-PR-F.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%

6

5. Dividend

5.1 Amount

  • BCE-PR-F has a Yearly Dividend Yield of 3.41%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 3.96, BCE-PR-F pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, BCE-PR-F pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.41%

5.2 History

  • The dividend of BCE-PR-F has a limited annual growth rate of 4.82%.
  • BCE-PR-F has paid a dividend for at least 10 years, which is a reliable track record.
  • BCE-PR-F has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years5
BCE-PR-F.CA Yearly Dividends per shareBCE-PR-F.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • BCE-PR-F pays out 43.52% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • BCE-PR-F'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-F.CA Yearly Income VS Free CF VS DividendBCE-PR-F.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-F.CA Dividend Payout.BCE-PR-F.CA Dividend Payout, showing the Payout Ratio.BCE-PR-F.CA Dividend Payout.PayoutRetained Earnings

BCE INC - BCECN 5.496 PERP

TSX:BCE-PR-F (2/23/2026, 7:00:00 PM)

23.1

+0.07 (+0.3%)

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 Cap21.54B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts68.18
Price Target24.2 (4.76%)
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 Years5
Ex-DateN/A
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)-3.04%
PT rev (3m)-0.47%
EPS NQ rev (1m)-0.2%
EPS NQ rev (3m)-1.26%
EPS NY rev (1m)0%
EPS NY rev (3m)1.67%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)-0.35%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.14%
Valuation
Industry RankSector Rank
PE 8.25
Fwd PE 8.53
P/S 0.88
P/FCF 5.45
P/OCF 2.95
P/B 0.96
P/tB N/A
EV/EBITDA 5.85
EPS(TTM)2.8
EY12.12%
EPS(NY)2.71
Fwd EY11.72%
FCF(TTM)4.24
FCFY18.36%
OCF(TTM)7.83
OCFY33.91%
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 0.62
F-Score6
WACC4.5%
ROIC/WACC1
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 5.496 PERP / BCE-PR-F.CA FAQ

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

ChartMill assigns a fundamental rating of 2 / 10 to BCE-PR-F.CA.


Can you provide the valuation status for BCE INC - BCECN 5.496 PERP?

ChartMill assigns a valuation rating of 3 / 10 to BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA). This can be considered as Overvalued.


Can you provide the profitability details for BCE INC - BCECN 5.496 PERP?

BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) has a profitability rating of 2 / 10.


Can you provide the financial health for BCE-PR-F stock?

The financial health rating of BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) is 1 / 10.


Can you provide the dividend sustainability for BCE-PR-F stock?

The dividend rating of BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) is 6 / 10 and the dividend payout ratio is 43.52%.