BCE INC - BCECN 5.496 PERP (BCE-PR-F.CA) Stock Fundamental Analysis
TSX:BCE-PR-F - CA05534B7455
20.99 CAD
-0.06 (-0.29%)
We assign a fundamental rating of 3 out of 10 to BCE-PR-F. BCE-PR-F was compared to 30 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 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.
Each year in the past 5 years BCE-PR-F has been profitable.
Each year in the past 5 years BCE-PR-F had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.61%, BCE-PR-F is doing worse than 76.67% 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 76.67% 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 73.33% 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 5.44%.
The 3 year average ROIC (4.90%) for BCE-PR-F is below the current ROIC(5.04%), indicating increased profibility in the last year.
| 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 76.67% of its industry peers.
BCE-PR-F's Profit Margin has declined in the last couple of years.
BCE-PR-F's Operating Margin of 22.50% is on the low side compared to the rest of the industry. BCE-PR-F is outperformed by 76.67% of its industry peers.
In the last couple of years the Operating Margin of BCE-PR-F has remained more or less at the same level.
The Gross Margin of BCE-PR-F (67.94%) is worse than 70.00% 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
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.
The number of shares outstanding for BCE-PR-F remains at a similar level compared to 1 year ago.
The number of shares outstanding for BCE-PR-F has been increased compared to 5 years ago.
BCE-PR-F has a worse debt/assets ratio than last year.
2.2 Solvency
BCE-PR-F has an Altman-Z score of 0.58. 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 0.58 is fine compared to the rest of the industry. BCE-PR-F outperforms 76.67% 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.
BCE-PR-F has a worse Debt to FCF ratio (9.25) than 73.33% 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 has a worse Debt to Equity ratio (1.80) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 0.58 |
ROIC/WACC1.14
WACC4.41%
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.
The Current ratio of BCE-PR-F (0.61) is worse than 76.67% of its industry peers.
A Quick Ratio of 0.57 indicates that BCE-PR-F may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.57, BCE-PR-F is doing worse than 76.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 |
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 -6.84%.
BCE-PR-F shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.78% yearly.
The Revenue has decreased by -0.66% in the past year.
The Revenue has been growing slightly by 0.51% on average over the past years.
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
Based on estimates for the next years, BCE-PR-F will show a small growth in Earnings Per Share. The EPS will grow by 1.28% on average per year.
Based on estimates for the next years, BCE-PR-F 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
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 7.34, 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 63.33% of the companies listed in the same industry.
BCE-PR-F's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.03.
A Price/Forward Earnings ratio of 7.63 indicates a rather cheap valuation of BCE-PR-F.
63.33% of the companies in the same industry are cheaper than BCE-PR-F, based on the Price/Forward Earnings ratio.
BCE-PR-F is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.63, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.34 | ||
| Fwd PE | 7.63 |
4.2 Price Multiples
BCE-PR-F's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BCE-PR-F is more expensive than 66.67% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, BCE-PR-F is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.82 | ||
| EV/EBITDA | 5.36 |
4.3 Compensation for Growth
A cheap valuation may be justified as BCE-PR-F's earnings are expected to decrease with -3.11% in the coming years.
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-F 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-F pays a better dividend. On top of this BCE-PR-F pays more dividend than 93.33% of the companies listed in the same industry.
BCE-PR-F's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.56% |
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
5.3 Sustainability
BCE-PR-F pays out 739.72% of its income as dividend. This is not a sustainable payout ratio.
BCE-PR-F's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP739.72%
EPS Next 2Y-4.86%
EPS Next 3Y-3.11%
TSX:BCE-PR-F (8/22/2025, 7:00:00 PM)
20.99
-0.06 (-0.29%)
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 Cap19.57B
Analysts53.91
Price Target20.87 (-0.57%)
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 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)-0.57%
PT rev (3m)-4.86%
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 | 7.34 | ||
| Fwd PE | 7.63 | ||
| P/S | 0.8 | ||
| P/FCF | 4.82 | ||
| P/OCF | 2.62 | ||
| P/B | 1.08 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.36 |
EPS(TTM)2.86
EY13.63%
EPS(NY)2.75
Fwd EY13.11%
FCF(TTM)4.36
FCFY20.75%
OCF(TTM)8.03
OCFY38.23%
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 | 0.58 |
F-Score5
WACC4.41%
ROIC/WACC1.14
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%