BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:BCE-PR-J - CA05534B6531
19.7 CAD
+0.2 (+1.03%)
BCE-PR-J gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 29 industry peers in the Diversified Telecommunication Services industry. While BCE-PR-J is still in line with the averages on profitability rating, there are concerns on its financial health. BCE-PR-J has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year BCE-PR-J was profitable.
In the past year BCE-PR-J had a positive cash flow from operations.
BCE-PR-J had positive earnings in each of the past 5 years.
In the past 5 years BCE-PR-J always reported a positive cash flow from operatings.
1.2 Ratios
BCE-PR-J has a better Return On Assets (7.85%) than 75.86% of its industry peers.
Looking at the Return On Equity, with a value of 27.48%, BCE-PR-J is in the better half of the industry, outperforming 68.97% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.52%, BCE-PR-J is in line with its industry, outperforming 58.62% 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 5.01%.
| Industry Rank | Sector 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%
1.3 Margins
BCE-PR-J has a better Profit Margin (25.21%) than 75.86% of its industry peers.
BCE-PR-J's Profit Margin has declined in the last couple of years.
BCE-PR-J has a Operating Margin of 22.38%. This is in the better half of the industry: BCE-PR-J outperforms 62.07% of its industry peers.
In the last couple of years the Operating Margin of BCE-PR-J has remained more or less at the same level.
The Gross Margin of BCE-PR-J (67.92%) is better than 65.52% of its industry peers.
In the last couple of years the Gross Margin of BCE-PR-J has remained more or less at the same level.
| Industry Rank | Sector 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%
2. Health
2.1 Basic Checks
BCE-PR-J 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-J remains at a similar level compared to 1 year ago.
The number of shares outstanding for BCE-PR-J has been increased compared to 5 years ago.
BCE-PR-J has a worse debt/assets ratio than last year.
2.2 Solvency
BCE-PR-J has an Altman-Z score of 0.59. This is a bad value and indicates that BCE-PR-J is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.59, BCE-PR-J is doing worse than 62.07% of the companies in the same industry.
The Debt to FCF ratio of BCE-PR-J is 10.36, which is on the high side as it means it would take BCE-PR-J, 10.36 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 10.36, BCE-PR-J is in the better half of the industry, outperforming 62.07% of the companies in the same industry.
A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-J has dependencies on debt financing.
BCE-PR-J has a better Debt to Equity ratio (1.57) than 68.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 10.36 | ||
| Altman-Z | 0.59 |
ROIC/WACC1.07
WACC4.21%
2.3 Liquidity
BCE-PR-J has a Current 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 has a Current ratio (0.58) which is comparable to the rest of the 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 has a Quick ratio (0.55) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
The earnings per share for BCE-PR-J have decreased by -3.65% 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 -2.78% on average per year.
Looking at the last year, BCE-PR-J shows a small growth in Revenue. The Revenue has grown by 0.11% in the last year.
Measured over the past years, BCE-PR-J shows a small growth in Revenue. The Revenue has been growing by 0.51% on average per year.
EPS 1Y (TTM)-3.65%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%5.33%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.31%
3.2 Future
BCE-PR-J is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 1.21% yearly.
The Revenue is expected to grow by 2.13% on average over the next years.
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.21%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y2.13%
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.
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
A Price/Earnings ratio of 6.79 indicates a rather cheap valuation of BCE-PR-J.
Compared to the rest of the industry, the Price/Earnings ratio of BCE-PR-J indicates a somewhat cheap valuation: BCE-PR-J is cheaper than 75.86% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.41. BCE-PR-J is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 7.24, the valuation of BCE-PR-J can be described as very cheap.
72.41% of the companies in the same industry are more expensive than BCE-PR-J, based on the Price/Forward Earnings ratio.
BCE-PR-J's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.79 | ||
| Fwd PE | 7.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BCE-PR-J is valued a bit cheaper than the industry average as 68.97% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, BCE-PR-J is valued a bit cheaper than the industry average as 72.41% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.64 | ||
| EV/EBITDA | 5.56 |
4.3 Compensation for Growth
The decent profitability rating of BCE-PR-J may justify a higher PE ratio.
A cheap valuation may be justified as BCE-PR-J's earnings are expected to decrease with -3.28% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
5. Dividend
5.1 Amount
BCE-PR-J has a Yearly Dividend Yield of 6.07%, which is a nice return.
Compared to an average industry Dividend Yield of 5.92, BCE-PR-J has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.32, BCE-PR-J pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
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
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.
The dividend of BCE-PR-J is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP43.52%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
TSX:BCE-PR-J (12/3/2025, 7:00:00 PM)
19.7
+0.2 (+1.03%)
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 Cap18.37B
Revenue(TTM)24.49B
Net Income(TTM)6.17B
Analysts64.55
Price Target21.21 (7.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.07% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years0
Ex-Date
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)-0.37%
PT rev (3m)11.95%
EPS NQ rev (1m)-1.65%
EPS NQ rev (3m)-0.7%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.29%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)0.35%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.79 | ||
| Fwd PE | 7.24 | ||
| P/S | 0.75 | ||
| P/FCF | 4.64 | ||
| P/OCF | 2.52 | ||
| P/B | 0.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.56 |
EPS(TTM)2.9
EY14.72%
EPS(NY)2.72
Fwd EY13.81%
FCF(TTM)4.24
FCFY21.53%
OCF(TTM)7.83
OCFY39.76%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number39.64
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 0.59 |
F-Score6
WACC4.21%
ROIC/WACC1.07
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)-3.65%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%5.33%
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.21%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%1.31%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y2.13%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.58%
EBIT Next 3Y26.41%
EBIT Next 5Y16.23%
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.
What is the valuation status for BCE-PR-J stock?
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.
How financially healthy is BCE INC - BCECN 4.45 PERP?
The financial health rating of BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) is 2 / 10.
Is the dividend of BCE INC - BCECN 4.45 PERP sustainable?
The dividend rating of BCE INC - BCECN 4.45 PERP (BCE-PR-J.CA) is 5 / 10 and the dividend payout ratio is 43.52%.