BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) Stock Fundamental Analysis
Canada - TSX:BCE-PR-F - CA05534B7455
20.67 CAD
-0.13 (-0.62%)
Overall BCE-PR-F gets a fundamental rating of 3 out of 10. We evaluated BCE-PR-F against 31 industry peers in the Diversified Telecommunication Services industry. Both the profitability and financial health of BCE-PR-F have multiple concerns. BCE-PR-F is valued expensive and it does not seem to be growing.
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.
In the past 5 years BCE-PR-F has always been profitable.
In the past 5 years BCE-PR-F always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.61%, BCE-PR-F is doing worse than 74.19% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.40%, BCE-PR-F is doing worse than 74.19% of the companies in the same industry.
BCE-PR-F has a Return On Invested Capital of 5.04%. This is in the lower half of the industry: BCE-PR-F underperforms 70.97% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BCE-PR-F is in line with the industry average of 5.44%.
The last Return On Invested Capital (5.04%) for BCE-PR-F 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
The Profit Margin of BCE-PR-F (1.77%) is worse than 74.19% of its industry peers.
BCE-PR-F's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 22.50%, BCE-PR-F is not doing good in the industry: 74.19% of the companies in the same industry are doing better.
BCE-PR-F's Operating Margin has been stable in the last couple of years.
BCE-PR-F has a worse Gross Margin (67.94%) than 70.97% of its industry peers.
BCE-PR-F's Gross Margin has been stable in the last couple of years.
| 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-F is still creating some value.
BCE-PR-F has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BCE-PR-F has more shares outstanding
The debt/assets ratio for BCE-PR-F is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.57, we must say that BCE-PR-F is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BCE-PR-F (0.57) is better than 74.19% of its industry peers.
The Debt to FCF ratio of BCE-PR-F is 9.25, which is on the high side as it means it would take BCE-PR-F, 9.25 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BCE-PR-F (9.25) is worse than 70.97% of its industry peers.
BCE-PR-F has a Debt/Equity ratio of 1.80. This is a high value indicating a heavy dependency on external financing.
BCE-PR-F's Debt to Equity ratio of 1.80 is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 61.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 0.57 |
ROIC/WACC1.15
WACC4.37%
2.3 Liquidity
BCE-PR-F has a Current Ratio of 0.61. 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.
Looking at the Current ratio, with a value of 0.61, BCE-PR-F is doing worse than 74.19% of the companies in the same industry.
BCE-PR-F has a Quick Ratio of 0.61. 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.
BCE-PR-F has a worse Quick ratio (0.57) than 74.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The earnings per share for BCE-PR-F have decreased by -6.84% in the last year.
BCE-PR-F shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.78% yearly.
BCE-PR-F shows a decrease in Revenue. In the last year, the revenue decreased by -0.66%.
Measured over the past years, BCE-PR-F shows a small growth in Revenue. The Revenue has been growing by 0.51% on average per year.
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
BCE-PR-F is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.52% yearly.
BCE-PR-F is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.40% yearly.
EPS Next Y-10.6%
EPS Next 2Y-4.95%
EPS Next 3Y-3.44%
EPS Next 5Y1.52%
Revenue Next Year1.6%
Revenue Next 2Y2.23%
Revenue Next 3Y1.74%
Revenue Next 5Y2.4%
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 7.23, the valuation of BCE-PR-F can be described as very cheap.
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 61.29% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of BCE-PR-F to the average of the S&P500 Index (27.86), we can say BCE-PR-F is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.53, the valuation of BCE-PR-F can be described as very cheap.
Based on the Price/Forward Earnings ratio, BCE-PR-F is valued a bit more expensive than 61.29% of the companies in the same industry.
BCE-PR-F is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 7.53 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BCE-PR-F is valued a bit more expensive than the industry average as 64.52% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, BCE-PR-F is valued a bit more expensive than 67.74% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.75 | ||
| EV/EBITDA | 5.33 |
4.3 Compensation for Growth
A cheap valuation may be justified as BCE-PR-F's earnings are expected to decrease with -3.44% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-4.95%
EPS Next 3Y-3.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.48%, BCE-PR-F is a good candidate for dividend investing.
BCE-PR-F's Dividend Yield is rather good when compared to the industry average which is at 4.61. BCE-PR-F pays more dividend than 83.87% of the companies in the same industry.
BCE-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
5.2 History
The dividend of BCE-PR-F has a limited annual growth rate of 4.82%.
BCE-PR-F has been paying a dividend for at least 10 years, so it has 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
5.3 Sustainability
739.72% of the earnings are spent on dividend by BCE-PR-F. This is not a sustainable payout ratio.
The dividend of BCE-PR-F is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP739.72%
EPS Next 2Y-4.95%
EPS Next 3Y-3.44%
TSX:BCE-PR-F (10/3/2025, 7:00:00 PM)
20.67
-0.13 (-0.62%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners47.57%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap19.28B
Analysts55
Price Target23.45 (13.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP739.72%
Div Incr Years0
Div Non Decr Years5
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)12.39%
PT rev (3m)2.84%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.33%
EPS NY rev (1m)-0.29%
EPS NY rev (3m)-1.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.58%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.23 | ||
| Fwd PE | 7.53 | ||
| P/S | 0.79 | ||
| P/FCF | 4.75 | ||
| P/OCF | 2.58 | ||
| P/B | 1.07 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.33 |
EPS(TTM)2.86
EY13.84%
EPS(NY)2.75
Fwd EY13.29%
FCF(TTM)4.36
FCFY21.07%
OCF(TTM)8.03
OCFY38.83%
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 | 0.57 |
F-Score5
WACC4.37%
ROIC/WACC1.15
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-10.6%
EPS Next 2Y-4.95%
EPS Next 3Y-3.44%
EPS Next 5Y1.52%
Revenue 1Y (TTM)-0.66%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.33%
Revenue Next Year1.6%
Revenue Next 2Y2.23%
Revenue Next 3Y1.74%
Revenue Next 5Y2.4%
EBIT growth 1Y0.22%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.58%
EBIT Next 3Y26.41%
EBIT Next 5Y15.82%
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%