BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) Stock Fundamental Analysis

TSX:BCE-PR-M • CA05534B6465

21.5 CAD
-0.15 (-0.69%)
Last: Feb 27, 2026, 07:00 PM
Fundamental Rating

3

Overall BCE-PR-M gets a fundamental rating of 3 out of 10. We evaluated BCE-PR-M against 28 industry peers in the Diversified Telecommunication Services industry. BCE-PR-M has a bad profitability rating. Also its financial health evaluation is rather negative. BCE-PR-M is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

3

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.
  • Of the past 5 years BCE-PR-M 4 years were profitable.
  • BCE-PR-M had a positive operating cash flow in 4 of the past 5 years.
BCE-PR-M.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-M.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-M is in line with its industry, outperforming 46.43% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 27.48%, BCE-PR-M is doing worse than 60.71% of the companies in the same industry.
  • The Return On Invested Capital of BCE-PR-M (4.52%) is worse than 67.86% of its industry peers.
  • BCE-PR-M 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-M.CA Yearly ROA, ROE, ROICBCE-PR-M.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-M has a Profit Margin (25.21%) which is in line with its industry peers.
  • In the last couple of years the Profit Margin of BCE-PR-M has declined.
  • BCE-PR-M has a Operating Margin of 22.38%. This is in the lower half of the industry: BCE-PR-M underperforms 67.86% of its industry peers.
  • In the last couple of years the Operating Margin of BCE-PR-M has remained more or less at the same level.
  • The Gross Margin of BCE-PR-M (67.92%) is worse than 64.29% of its industry peers.
  • BCE-PR-M'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-M.CA Yearly Profit, Operating, Gross MarginsBCE-PR-M.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

1

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE-PR-M is creating some value.
  • BCE-PR-M has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
BCE-PR-M.CA Yearly Shares OutstandingBCE-PR-M.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-M.CA Yearly Total Debt VS Total AssetsBCE-PR-M.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-M has an Altman-Z score of 0.61. This is a bad value and indicates that BCE-PR-M is not financially healthy and even has some risk of bankruptcy.
  • BCE-PR-M has a better Altman-Z score (0.61) than 67.86% of its industry peers.
  • BCE-PR-M has a debt to FCF ratio of 10.36. This is a negative value and a sign of low solvency as BCE-PR-M would need 10.36 years to pay back of all of its debts.
  • BCE-PR-M has a Debt to FCF ratio of 10.36. This is in the lower half of the industry: BCE-PR-M underperforms 67.86% of its industry peers.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-M has dependencies on debt financing.
  • BCE-PR-M has a worse Debt to Equity ratio (1.57) than 60.71% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.61
ROIC/WACC1.02
WACC4.41%
BCE-PR-M.CA Yearly LT Debt VS Equity VS FCFBCE-PR-M.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-M has a Current Ratio of 0.58. 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.
  • Looking at the Current ratio, with a value of 0.58, BCE-PR-M is doing worse than 71.43% of the companies in the same industry.
  • BCE-PR-M has a Quick Ratio of 0.58. 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 has a worse Quick ratio (0.55) than 71.43% of its industry peers.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-M.CA Yearly Current Assets VS Current LiabilitesBCE-PR-M.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

  • BCE-PR-M shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.89%.
  • Measured over the past years, BCE-PR-M 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

  • BCE-PR-M is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.22% yearly.
  • BCE-PR-M is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.49% yearly.
EPS Next Y-3.29%
EPS Next 2Y-0.64%
EPS Next 3Y3.33%
EPS Next 5Y5.22%
Revenue Next Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y1.49%

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

4

4. Valuation

4.1 Price/Earnings Ratio

  • BCE-PR-M is valuated cheaply with a Price/Earnings ratio of 7.68.
  • The rest of the industry has a similar Price/Earnings ratio as BCE-PR-M.
  • BCE-PR-M's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.10.
  • With a Price/Forward Earnings ratio of 7.94, the valuation of BCE-PR-M can be described as very cheap.
  • BCE-PR-M's Price/Forward Earnings is on the same level as 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 28.06.
Industry RankSector Rank
PE 7.68
Fwd PE 7.94
BCE-PR-M.CA Price Earnings VS Forward Price EarningsBCE-PR-M.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BCE-PR-M is valued a bit more expensive than 60.71% of the companies in the same industry.
  • BCE-PR-M's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 5.07
EV/EBITDA 5.73
BCE-PR-M.CA Per share dataBCE-PR-M.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

  • With a Yearly Dividend Yield of 5.84%, BCE-PR-M is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 4.49, BCE-PR-M has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.83, BCE-PR-M pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.84%

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.
  • The dividend of BCE-PR-M decreased recently.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years1
BCE-PR-M.CA Yearly Dividends per shareBCE-PR-M.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

5.3 Sustainability

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

BCE INC - BCECN 2.939 PERP

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

21.5

-0.15 (-0.69%)

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 Cap20.05B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts68.18
Price Target22.54 (4.84%)
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 Years1
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)-6.12%
PT rev (3m)1.97%
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%
Revenue NY rev (3m)-0.14%
Valuation
Industry RankSector Rank
PE 7.68
Fwd PE 7.94
P/S 0.82
P/FCF 5.07
P/OCF 2.74
P/B 0.89
P/tB N/A
EV/EBITDA 5.73
EPS(TTM)2.8
EY13.02%
EPS(NY)2.71
Fwd EY12.59%
FCF(TTM)4.24
FCFY19.73%
OCF(TTM)7.83
OCFY36.43%
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 0.61
F-Score6
WACC4.41%
ROIC/WACC1.02
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 Year3.04%
Revenue Next 2Y2.14%
Revenue Next 3Y2.36%
Revenue Next 5Y1.49%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.99%
EBIT Next 3Y26.65%
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 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.


Can you provide the valuation status for BCE INC - BCECN 2.939 PERP?

ChartMill assigns a valuation rating of 4 / 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 3 / 10.


What are the PE and PB ratios of BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) stock?

The Price/Earnings (PE) ratio for BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) is 7.68 and the Price/Book (PB) ratio is 0.89.


Can you provide the dividend sustainability for BCE-PR-M stock?

The dividend rating of BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) is 5 / 10 and the dividend payout ratio is 43.52%.