BCE INC - BCECN 3.306 PERP (BCE-PR-K.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:BCE-PR-K • CA05534B6796

20.1 CAD
+0.1 (+0.5%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to BCE-PR-K. BCE-PR-K was compared to 30 industry peers in the Diversified Telecommunication Services industry. BCE-PR-K scores excellent on profitability, but there are some minor concerns on its financial health. BCE-PR-K is valued quite cheap, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • BCE-PR-K had positive earnings in the past year.
  • BCE-PR-K had a positive operating cash flow in the past year.
  • BCE-PR-K had positive earnings in 4 of the past 5 years.
  • Of the past 5 years BCE-PR-K 4 years had a positive operating cash flow.
BCE-PR-K.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-K.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-K belongs to the top of the industry, outperforming 96.67% of the companies in the same industry.
  • The Return On Equity of BCE-PR-K (27.48%) is better than 90.00% of its industry peers.
  • BCE-PR-K has a Return On Invested Capital of 4.52%. This is in the better half of the industry: BCE-PR-K outperforms 80.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for BCE-PR-K 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-K.CA Yearly ROA, ROE, ROICBCE-PR-K.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • BCE-PR-K's Profit Margin of 25.21% is amongst the best of the industry. BCE-PR-K outperforms 96.67% of its industry peers.
  • In the last couple of years the Profit Margin of BCE-PR-K has declined.
  • BCE-PR-K's Operating Margin of 22.38% is amongst the best of the industry. BCE-PR-K outperforms 83.33% of its industry peers.
  • BCE-PR-K's Operating Margin has been stable in the last couple of years.
  • Looking at the Gross Margin, with a value of 67.92%, BCE-PR-K belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
  • In the last couple of years the Gross Margin of BCE-PR-K 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-K.CA Yearly Profit, Operating, Gross MarginsBCE-PR-K.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE-PR-K is creating some value.
  • There is no outstanding debt for BCE-PR-K. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
BCE-PR-K.CA Yearly Shares OutstandingBCE-PR-K.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-K.CA Yearly Total Debt VS Total AssetsBCE-PR-K.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-K has an Altman-Z score of 0.59. This is a bad value and indicates that BCE-PR-K is not financially healthy and even has some risk of bankruptcy.
  • BCE-PR-K has a Altman-Z score of 0.59. This is amonst the worse of the industry: BCE-PR-K underperforms 80.00% of its industry peers.
  • The Debt to FCF ratio of BCE-PR-K is 10.36, which is on the high side as it means it would take BCE-PR-K, 10.36 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of BCE-PR-K (10.36) is better than 83.33% of its industry peers.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-K has dependencies on debt financing.
  • With an excellent Debt to Equity ratio value of 1.57, BCE-PR-K belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.59
ROIC/WACC1.05
WACC4.32%
BCE-PR-K.CA Yearly LT Debt VS Equity VS FCFBCE-PR-K.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-K has a Current Ratio of 0.58. This is a bad value and indicates that BCE-PR-K is not financially healthy enough and could expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 0.58, BCE-PR-K is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
  • A Quick Ratio of 0.55 indicates that BCE-PR-K may have some problems paying its short term obligations.
  • BCE-PR-K's Quick ratio of 0.55 is fine compared to the rest of the industry. BCE-PR-K outperforms 80.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-K.CA Yearly Current Assets VS Current LiabilitesBCE-PR-K.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-K have decreased by -8.54% in the last year.
  • BCE-PR-K shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.70% yearly.
EPS 1Y (TTM)-8.54%
EPS 3Y-6.02%
EPS 5Y-1.7%
EPS Q2Q%-15.12%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.11%

3.2 Future

  • Based on estimates for the next years, BCE-PR-K will show a small growth in Earnings Per Share. The EPS will grow by 3.19% on average per year.
  • BCE-PR-K is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.37% yearly.
EPS Next Y-2.61%
EPS Next 2Y-0.3%
EPS Next 3Y3.57%
EPS Next 5Y3.19%
Revenue Next Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y2.37%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
BCE-PR-K.CA Yearly Revenue VS EstimatesBCE-PR-K.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-K.CA Yearly EPS VS EstimatesBCE-PR-K.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3

8

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 7.23, the valuation of BCE-PR-K can be described as very cheap.
  • Based on the Price/Earnings ratio, BCE-PR-K is valued cheaper than 96.67% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.06, BCE-PR-K is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 7.42, the valuation of BCE-PR-K can be described as very cheap.
  • 93.33% of the companies in the same industry are more expensive than BCE-PR-K, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 27.86. BCE-PR-K is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.23
Fwd PE 7.42
BCE-PR-K.CA Price Earnings VS Forward Price EarningsBCE-PR-K.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 90.00% of the companies in the same industry are more expensive than BCE-PR-K, based on the Enterprise Value to EBITDA ratio.
  • 93.33% of the companies in the same industry are more expensive than BCE-PR-K, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 4.74
EV/EBITDA 5.59
BCE-PR-K.CA Per share dataBCE-PR-K.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20

4.3 Compensation for Growth

  • The decent profitability rating of BCE-PR-K may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-0.3%
EPS Next 3Y3.57%

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.00%, BCE-PR-K is a good candidate for dividend investing.
  • BCE-PR-K's Dividend Yield is slightly below the industry average, which is at 4.35.
  • Compared to an average S&P500 Dividend Yield of 1.80, BCE-PR-K pays a better dividend.
Industry RankSector Rank
Dividend Yield 5%

5.2 History

  • The dividend of BCE-PR-K has a limited annual growth rate of 4.82%.
  • BCE-PR-K has been paying a dividend for at least 10 years, so it has a reliable track record.
  • BCE-PR-K has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years4
BCE-PR-K.CA Yearly Dividends per shareBCE-PR-K.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

  • 43.52% of the earnings are spent on dividend by BCE-PR-K. This is a bit on the high side, but may be sustainable.
  • BCE-PR-K's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP43.52%
EPS Next 2Y-0.3%
EPS Next 3Y3.57%
BCE-PR-K.CA Yearly Income VS Free CF VS DividendBCE-PR-K.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-K.CA Dividend Payout.BCE-PR-K.CA Dividend Payout, showing the Payout Ratio.BCE-PR-K.CA Dividend Payout.PayoutRetained Earnings

BCE INC - BCECN 3.306 PERP

TSX:BCE-PR-K (2/6/2026, 7:00:00 PM)

20.1

+0.1 (+0.5%)

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 Cap18.74B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts67.27
Price Target21.09 (4.93%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5%
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years4
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)-8.76%
PT rev (3m)3.31%
EPS NQ rev (1m)-1.53%
EPS NQ rev (3m)-3.03%
EPS NY rev (1m)0.06%
EPS NY rev (3m)1.67%
Revenue NQ rev (1m)-0.21%
Revenue NQ rev (3m)-0.03%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.14%
Valuation
Industry RankSector Rank
PE 7.23
Fwd PE 7.42
P/S 0.77
P/FCF 4.74
P/OCF 2.57
P/B 0.83
P/tB N/A
EV/EBITDA 5.59
EPS(TTM)2.78
EY13.83%
EPS(NY)2.71
Fwd EY13.47%
FCF(TTM)4.24
FCFY21.1%
OCF(TTM)7.83
OCFY38.97%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number38.81
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 0.59
F-Score6
WACC4.32%
ROIC/WACC1.05
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)-8.54%
EPS 3Y-6.02%
EPS 5Y-1.7%
EPS Q2Q%-15.12%
EPS Next Y-2.61%
EPS Next 2Y-0.3%
EPS Next 3Y3.57%
EPS Next 5Y3.19%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-2.11%
Revenue Next Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y2.37%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.99%
EBIT Next 3Y26.65%
EBIT Next 5Y16.09%
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 3.306 PERP / BCE-PR-K.CA FAQ

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

ChartMill assigns a fundamental rating of 5 / 10 to BCE-PR-K.CA.


What is the valuation status of BCE INC - BCECN 3.306 PERP (BCE-PR-K.CA) stock?

ChartMill assigns a valuation rating of 8 / 10 to BCE INC - BCECN 3.306 PERP (BCE-PR-K.CA). This can be considered as Undervalued.


How profitable is BCE INC - BCECN 3.306 PERP (BCE-PR-K.CA) stock?

BCE INC - BCECN 3.306 PERP (BCE-PR-K.CA) has a profitability rating of 7 / 10.


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

The financial health rating of BCE INC - BCECN 3.306 PERP (BCE-PR-K.CA) is 4 / 10.


Is the dividend of BCE INC - BCECN 3.306 PERP sustainable?

The dividend rating of BCE INC - BCECN 3.306 PERP (BCE-PR-K.CA) is 5 / 10 and the dividend payout ratio is 43.52%.