BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) Stock Fundamental Analysis
Canada - TSX:BCE-PR-M - CA05534B6465
20.82 CAD
+0.27 (+1.31%)
We assign a fundamental rating of 3 out of 10 to BCE-PR-M. BCE-PR-M was compared to 30 industry peers in the Diversified Telecommunication Services industry. Both the profitability and financial health of BCE-PR-M have multiple concerns. BCE-PR-M is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
BCE-PR-M had positive earnings in the past year.
In the past year BCE-PR-M had a positive cash flow from operations.
BCE-PR-M had positive earnings in each of the past 5 years.
Each year in the past 5 years BCE-PR-M had a positive operating cash flow.
1.2 Ratios
BCE-PR-M has a Return On Assets (7.85%) which is comparable to the rest of the industry.
With a Return On Equity value of 27.48%, BCE-PR-M is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
BCE-PR-M has a worse Return On Invested Capital (4.52%) than 73.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BCE-PR-M 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-M has a Profit Margin of 25.21%. This is comparable to the rest of the industry: BCE-PR-M outperforms 43.33% of its industry peers.
In the last couple of years the Profit Margin of BCE-PR-M has declined.
Looking at the Operating Margin, with a value of 22.38%, BCE-PR-M is doing worse than 70.00% of the companies in the same industry.
In the last couple of years the Operating Margin of BCE-PR-M has remained more or less at the same level.
BCE-PR-M has a worse Gross Margin (67.92%) than 66.67% of its industry peers.
In the last couple of years the Gross Margin of BCE-PR-M 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-M has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
BCE-PR-M has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, BCE-PR-M has more shares outstanding
The debt/assets ratio for BCE-PR-M is higher compared to a year ago.
2.2 Solvency
BCE-PR-M has an Altman-Z score of 0.60. This is a bad value and indicates that BCE-PR-M is not financially healthy and even has some risk of bankruptcy.
With a decent Altman-Z score value of 0.60, BCE-PR-M is doing good in the industry, outperforming 73.33% of the companies in the same industry.
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 70.00% 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.
Looking at the Debt to Equity ratio, with a value of 1.57, BCE-PR-M is doing worse than 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.57 | ||
| Debt/FCF | 10.36 | ||
| Altman-Z | 0.6 |
ROIC/WACC1.05
WACC4.31%
2.3 Liquidity
A Current Ratio of 0.58 indicates that BCE-PR-M may have some problems paying its short term obligations.
BCE-PR-M's Current ratio of 0.58 is on the low side compared to the rest of the industry. BCE-PR-M is outperformed by 76.67% of its industry peers.
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 76.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.58 | ||
| Quick Ratio | 0.55 |
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 -3.20%.
The Earnings Per Share has been decreasing by -2.78% on average over the past years.
BCE-PR-M shows a small growth in Revenue. In the last year, the Revenue has grown by 0.11%.
The Revenue has been growing slightly by 0.51% on average over the past years.
EPS 1Y (TTM)-3.2%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%7.15%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%3.72%
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 1.66% yearly.
Based on estimates for the next years, BCE-PR-M will show a small growth in Revenue. The Revenue will grow by 1.83% on average per year.
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.66%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y1.83%
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
A Price/Earnings ratio of 7.15 indicates a rather cheap valuation of BCE-PR-M.
Compared to the rest of the industry, the Price/Earnings ratio of BCE-PR-M indicates a slightly more expensive valuation: BCE-PR-M is more expensive than 60.00% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.89, BCE-PR-M is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.66, the valuation of BCE-PR-M can be described as very cheap.
Based on the Price/Forward Earnings ratio, BCE-PR-M is valued a bit more expensive than 60.00% of the companies in the same industry.
BCE-PR-M is valuated cheaply when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.15 | ||
| Fwd PE | 7.66 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BCE-PR-M is valued a bit more expensive than the industry average as 63.33% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, BCE-PR-M is valued a bit more expensive than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.91 | ||
| EV/EBITDA | 5.65 |
4.3 Compensation for Growth
A cheap valuation may be justified as BCE-PR-M'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-M has a Yearly Dividend Yield of 5.40%, which is a nice return.
Compared to an average industry Dividend Yield of 5.36, BCE-PR-M pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, BCE-PR-M pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.4% |
5.2 History
The dividend of BCE-PR-M has a limited annual growth rate of 4.82%.
BCE-PR-M has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of BCE-PR-M decreased recently.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years1
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.
The dividend of BCE-PR-M 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-M (11/13/2025, 7:00:00 PM)
20.82
+0.27 (+1.31%)
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 Cap19.42B
Revenue(TTM)24.49B
Net Income(TTM)6.17B
Analysts64.55
Price Target21.9 (5.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.4% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP43.52%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.5%
Min EPS beat(2)-12.22%
Max EPS beat(2)11.22%
EPS beat(4)3
Avg EPS beat(4)4.68%
Min EPS beat(4)-12.22%
Max EPS beat(4)11.22%
EPS beat(8)5
Avg EPS beat(8)2.42%
EPS beat(12)6
Avg EPS beat(12)1.92%
EPS beat(16)10
Avg EPS beat(16)2.6%
Revenue beat(2)2
Avg Revenue beat(2)1.11%
Min Revenue beat(2)0.93%
Max Revenue beat(2)1.28%
Revenue beat(4)3
Avg Revenue beat(4)0.38%
Min Revenue beat(4)-0.87%
Max Revenue beat(4)1.28%
Revenue beat(8)3
Avg Revenue beat(8)-0.62%
Revenue beat(12)4
Avg Revenue beat(12)-0.65%
Revenue beat(16)4
Avg Revenue beat(16)-0.75%
PT rev (1m)1.26%
PT rev (3m)6.06%
EPS NQ rev (1m)0.15%
EPS NQ rev (3m)1.27%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.77%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)0.03%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.15 | ||
| Fwd PE | 7.66 | ||
| P/S | 0.79 | ||
| P/FCF | 4.91 | ||
| P/OCF | 2.66 | ||
| P/B | 0.86 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.65 |
EPS(TTM)2.91
EY13.98%
EPS(NY)2.72
Fwd EY13.06%
FCF(TTM)4.24
FCFY20.37%
OCF(TTM)7.83
OCFY37.62%
SpS26.26
BVpS24.08
TBVpS-8.8
PEG (NY)N/A
PEG (5Y)N/A
Graham Number39.71
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 | 0.6 |
F-Score6
WACC4.31%
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)-3.2%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%7.15%
EPS Next Y-10.6%
EPS Next 2Y-5.41%
EPS Next 3Y-3.28%
EPS Next 5Y1.66%
Revenue 1Y (TTM)0.11%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%3.72%
Revenue Next Year1.57%
Revenue Next 2Y2.31%
Revenue Next 3Y1.92%
Revenue Next 5Y1.83%
EBIT growth 1Y-0.47%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year94.58%
EBIT Next 3Y26.41%
EBIT Next 5Y16.08%
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.
What is the valuation status of BCE INC - BCECN 2.939 PERP (BCE-PR-M.CA) stock?
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.
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.