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

TSX:BCE-PR-J • CA05534B6531

21.15 CAD
+0.29 (+1.39%)
Last: Feb 27, 2026, 07:00 PM
Fundamental Rating

4

BCE-PR-J gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 30 industry peers in the Diversified Telecommunication Services industry. BCE-PR-J has a medium profitability rating, but doesn't score so well on its financial health evaluation. BCE-PR-J 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

  • BCE-PR-J had positive earnings in the past year.
  • BCE-PR-J had a positive operating cash flow in the past year.
  • Of the past 5 years BCE-PR-J 4 years were profitable.
  • Of the past 5 years BCE-PR-J 4 years had a positive operating cash flow.
BCE-PR-J.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-J.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

  • Looking at the Return On Assets, with a value of 7.85%, BCE-PR-J is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
  • The Return On Equity of BCE-PR-J (27.48%) is better than 66.67% of its industry peers.
  • With a Return On Invested Capital value of 4.52%, BCE-PR-J perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
  • BCE-PR-J 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-J.CA Yearly ROA, ROE, ROICBCE-PR-J.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • The Profit Margin of BCE-PR-J (25.21%) is better than 73.33% of its industry peers.
  • In the last couple of years the Profit Margin of BCE-PR-J has declined.
  • The Operating Margin of BCE-PR-J (22.38%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of BCE-PR-J has remained more or less at the same level.
  • BCE-PR-J has a Gross Margin of 67.92%. This is in the better half of the industry: BCE-PR-J outperforms 63.33% of its industry peers.
  • BCE-PR-J's Gross Margin has been stable in the last couple of years.
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-J.CA Yearly Profit, Operating, Gross MarginsBCE-PR-J.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-J is creating some value.
  • BCE-PR-J has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
BCE-PR-J.CA Yearly Shares OutstandingBCE-PR-J.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-J.CA Yearly Total Debt VS Total AssetsBCE-PR-J.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

  • Based on the Altman-Z score of 0.60, we must say that BCE-PR-J is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.60, BCE-PR-J is in line with its industry, outperforming 60.00% of the companies in the same industry.
  • BCE-PR-J has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-J would need 10.36 years to pay back of all of its debts.
  • The Debt to FCF ratio of BCE-PR-J (10.36) is comparable to the rest of the industry.
  • BCE-PR-J has a Debt/Equity ratio of 1.57. This is a high value indicating a heavy dependency on external financing.
  • BCE-PR-J's Debt to Equity ratio of 1.57 is fine compared to the rest of the industry. BCE-PR-J outperforms 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.6
ROIC/WACC1.03
WACC4.39%
BCE-PR-J.CA Yearly LT Debt VS Equity VS FCFBCE-PR-J.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-J may have some problems paying its short term obligations.
  • With a Current ratio value of 0.58, BCE-PR-J perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
  • BCE-PR-J has a Quick Ratio of 0.58. This is a bad value and indicates that BCE-PR-J is not financially healthy enough and could expect problems in meeting its short term obligations.
  • BCE-PR-J's Quick ratio of 0.55 is in line compared to the rest of the industry. BCE-PR-J outperforms 56.67% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-J.CA Yearly Current Assets VS Current LiabilitesBCE-PR-J.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-J have decreased by -7.89% in the last year.
  • Measured over the past years, BCE-PR-J shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.57% on average per year.
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-J is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.51% yearly.
EPS Next Y-3.29%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
EPS Next 5Y5.22%
Revenue Next Year2.11%
Revenue Next 2Y1.65%
Revenue Next 3Y1.57%
Revenue Next 5Y1.51%

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-J.CA Yearly Revenue VS EstimatesBCE-PR-J.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-J.CA Yearly EPS VS EstimatesBCE-PR-J.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

  • A Price/Earnings ratio of 7.55 indicates a rather cheap valuation of BCE-PR-J.
  • Based on the Price/Earnings ratio, BCE-PR-J is valued a bit cheaper than 73.33% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.07. BCE-PR-J is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 7.81, which indicates a rather cheap valuation of BCE-PR-J.
  • Based on the Price/Forward Earnings ratio, BCE-PR-J is valued a bit cheaper than 73.33% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.05, BCE-PR-J is valued rather cheaply.
Industry RankSector Rank
PE 7.55
Fwd PE 7.81
BCE-PR-J.CA Price Earnings VS Forward Price EarningsBCE-PR-J.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as BCE-PR-J.
  • Based on the Price/Free Cash Flow ratio, BCE-PR-J is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 4.99
EV/EBITDA 5.68
BCE-PR-J.CA Per share dataBCE-PR-J.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-J has a Yearly Dividend Yield of 5.84%, which is a nice return.
  • Compared to an average industry Dividend Yield of 4.94, BCE-PR-J pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.82, BCE-PR-J pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.84%

5.2 History

  • The dividend of BCE-PR-J has a limited annual growth rate of 4.82%.
  • BCE-PR-J 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-J.CA Yearly Dividends per shareBCE-PR-J.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

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

BCE INC - BCECN 4.45 PERP

TSX:BCE-PR-J (2/27/2026, 7:00:00 PM)

21.15

+0.29 (+1.39%)

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 Cap19.72B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts68.18
Price Target21.98 (3.92%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.84%
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)-5.31%
PT rev (3m)3.63%
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)-0.13%
Revenue NY rev (3m)-0.27%
Valuation
Industry RankSector Rank
PE 7.55
Fwd PE 7.81
P/S 0.81
P/FCF 4.99
P/OCF 2.7
P/B 0.88
P/tB N/A
EV/EBITDA 5.68
EPS(TTM)2.8
EY13.24%
EPS(NY)2.71
Fwd EY12.8%
FCF(TTM)4.24
FCFY20.05%
OCF(TTM)7.83
OCFY37.03%
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
WACC4.39%
ROIC/WACC1.03
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 Year2.11%
Revenue Next 2Y1.65%
Revenue Next 3Y1.57%
Revenue Next 5Y1.51%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.65%
EBIT Next 3Y26.26%
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-J.CA FAQ

Can you provide the ChartMill fundamental rating for BCE INC - BCECN 4.45 PERP?

ChartMill assigns a fundamental rating of 4 / 10 to BCE-PR-J.CA.


Can you provide the valuation status for BCE INC - BCECN 4.45 PERP?

ChartMill assigns a valuation rating of 6 / 10 to BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA). This can be considered as Fairly Valued.


What is the profitability of BCE-PR-J stock?

BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) has a profitability rating of 6 / 10.


What are the PE and PB ratios of BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) stock?

The Price/Earnings (PE) ratio for BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) is 7.55 and the Price/Book (PB) ratio is 0.88.


How sustainable is the dividend of BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) stock?

The dividend rating of BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) is 6 / 10 and the dividend payout ratio is 43.52%.