BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) Stock Fundamental Analysis
Canada - TSX:BCE-PR-M - CA05534B6465
20 CAD
0 (0%)
We assign a fundamental rating of 3 out of 10 to BCE-PR-M. BCE-PR-M was compared to 29 industry peers in the Diversified Telecommunication Services industry. There are concerns on the financial health of BCE-PR-M while its profitability can be described as average. BCE-PR-M has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BCE-PR-M was profitable.
BCE-PR-M had a positive operating cash flow in the past year.
BCE-PR-M had positive earnings in each of the past 5 years.
In the past 5 years BCE-PR-M always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 0.61%, BCE-PR-M is not doing good in the industry: 65.52% of the companies in the same industry are doing better.
Looking at the Return On Equity, with a value of 2.40%, BCE-PR-M is doing worse than 65.52% of the companies in the same industry.
The Return On Invested Capital of BCE-PR-M (5.04%) is worse than 62.07% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BCE-PR-M is in line with the industry average of 5.46%.
The last Return On Invested Capital (5.04%) for BCE-PR-M 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
With a Profit Margin value of 1.77%, BCE-PR-M is not doing good in the industry: 65.52% of the companies in the same industry are doing better.
BCE-PR-M's Profit Margin has declined in the last couple of years.
BCE-PR-M has a Operating Margin of 22.50%. This is in the lower half of the industry: BCE-PR-M underperforms 65.52% of its industry peers.
BCE-PR-M's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 67.94%, BCE-PR-M perfoms like the industry average, outperforming 41.38% of the companies in the same industry.
BCE-PR-M'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-M is still creating some value.
Compared to 1 year ago, BCE-PR-M has about the same amount of shares outstanding.
BCE-PR-M has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BCE-PR-M 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-M is in the distress zone and has some risk of bankruptcy.
BCE-PR-M has a better Altman-Z score (0.57) than 62.07% of its industry peers.
BCE-PR-M has a debt to FCF ratio of 9.25. This is a negative value and a sign of low solvency as BCE-PR-M would need 9.25 years to pay back of all of its debts.
BCE-PR-M has a worse Debt to FCF ratio (9.25) than 62.07% of its industry peers.
A Debt/Equity ratio of 1.80 is on the high side and indicates that BCE-PR-M has dependencies on debt financing.
BCE-PR-M has a Debt to Equity ratio of 1.80. This is comparable to the rest of the industry: BCE-PR-M outperforms 48.28% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 0.57 |
ROIC/WACC1.18
WACC4.26%
2.3 Liquidity
A Current Ratio of 0.61 indicates that BCE-PR-M may have some problems paying its short term obligations.
The Current ratio of BCE-PR-M (0.61) is worse than 65.52% of its industry peers.
BCE-PR-M has a Quick Ratio of 0.61. This is a bad value and indicates that BCE-PR-M is not financially healthy enough and could expect problems in meeting its short term obligations.
BCE-PR-M's Quick ratio of 0.57 is on the low side compared to the rest of the industry. BCE-PR-M is outperformed by 65.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
BCE-PR-M shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.84%.
Measured over the past years, BCE-PR-M shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.78% on average per year.
BCE-PR-M shows a decrease in Revenue. In the last year, the revenue decreased by -0.66%.
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
The Earnings Per Share is expected to grow by 1.52% on average over the next years.
BCE-PR-M 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
The Price/Earnings ratio is 6.99, which indicates a rather cheap valuation of BCE-PR-M.
Compared to the rest of the industry, the Price/Earnings ratio of BCE-PR-M is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.83, BCE-PR-M is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.28, the valuation of BCE-PR-M can be described as very cheap.
BCE-PR-M's Price/Forward Earnings ratio is in line with the industry average.
BCE-PR-M's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.88.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.99 | ||
| Fwd PE | 7.28 |
4.2 Price Multiples
BCE-PR-M's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as BCE-PR-M.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.59 | ||
| EV/EBITDA | 5.28 |
4.3 Compensation for Growth
A cheap valuation may be justified as BCE-PR-M'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
BCE-PR-M has a Yearly Dividend Yield of 6.84%, which is a nice return.
BCE-PR-M's Dividend Yield is a higher than the industry average which is at 6.50.
BCE-PR-M's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.84% |
5.2 History
The dividend of BCE-PR-M has a limited annual growth rate of 4.82%.
BCE-PR-M has paid a dividend for at least 10 years, which is a reliable track record.
BCE-PR-M has decreased its dividend recently.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
BCE-PR-M pays out 739.72% of its income as dividend. This is not a sustainable payout ratio.
The dividend of BCE-PR-M 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-M (10/27/2025, 7:00:00 PM)
20
0 (0%)
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 Cap18.65B
Revenue(TTM)24.41B
Net Income(TTM)433.00M
Analysts55
Price Target21.62 (8.1%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.84% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP739.72%
Div Incr Years0
Div Non Decr Years1
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)3.75%
PT rev (3m)10.25%
EPS NQ rev (1m)-0.63%
EPS NQ rev (3m)-0.97%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.78%
Revenue NQ rev (1m)-0.24%
Revenue NQ rev (3m)2.59%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.99 | ||
| Fwd PE | 7.28 | ||
| P/S | 0.76 | ||
| P/FCF | 4.59 | ||
| P/OCF | 2.49 | ||
| P/B | 1.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.28 |
EPS(TTM)2.86
EY14.3%
EPS(NY)2.75
Fwd EY13.73%
FCF(TTM)4.36
FCFY21.78%
OCF(TTM)8.03
OCFY40.13%
SpS26.17
BVpS19.37
TBVpS-9.48
PEG (NY)N/A
PEG (5Y)N/A
Graham Number35.31
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%
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-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
WACC4.26%
ROIC/WACC1.18
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%
BCE INC - BCECN 2.939 PERP / BCE-PR-M.CA FAQ
What is the ChartMill fundamental rating of BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) stock?
ChartMill assigns a fundamental rating of 3 / 10 to BCE-PR-M.CA.
What is the valuation status of BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) stock?
ChartMill assigns a valuation rating of 5 / 10 to BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA). This can be considered as Fairly Valued.
How profitable is BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) stock?
BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) has a profitability rating of 4 / 10.
How financially healthy is BCE INC - BCECN 2.939 PERP?
The financial health rating of BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) is 1 / 10.
What is the earnings growth outlook for BCE INC - BCECN 2.939 PERP?
The Earnings per Share (EPS) of BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) is expected to decline by -10.6% in the next year.