BCE INC - BCECN 4.45 PERP (BCE-PR-N.CA) Stock Fundamental Analysis
Canada - TSX:BCE-PR-N - CA05534B6382
20 CAD
0 (0%)
Taking everything into account, BCE-PR-N scores 3 out of 10 in our fundamental rating. BCE-PR-N was compared to 31 industry peers in the Diversified Telecommunication Services industry. Both the profitability and financial health of BCE-PR-N have multiple concerns. BCE-PR-N is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BCE-PR-N had positive earnings in the past year.
In the past year BCE-PR-N had a positive cash flow from operations.
In the past 5 years BCE-PR-N has always been profitable.
Each year in the past 5 years BCE-PR-N had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of 0.61%, BCE-PR-N is not doing good in the industry: 64.52% of the companies in the same industry are doing better.
The Return On Equity of BCE-PR-N (2.40%) is worse than 64.52% of its industry peers.
The Return On Invested Capital of BCE-PR-N (5.04%) is worse than 61.29% of its industry peers.
BCE-PR-N had an Average Return On Invested Capital over the past 3 years of 4.90%. This is in line with the industry average of 5.44%.
The last Return On Invested Capital (5.04%) for BCE-PR-N 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-N is not doing good in the industry: 64.52% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of BCE-PR-N has declined.
With a Operating Margin value of 22.50%, BCE-PR-N is not doing good in the industry: 64.52% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of BCE-PR-N has remained more or less at the same level.
Looking at the Gross Margin, with a value of 67.94%, BCE-PR-N is doing worse than 61.29% of the companies in the same industry.
BCE-PR-N'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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BCE-PR-N is creating some value.
The number of shares outstanding for BCE-PR-N remains at a similar level compared to 1 year ago.
Compared to 5 years ago, BCE-PR-N has more shares outstanding
BCE-PR-N has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.57, we must say that BCE-PR-N is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of BCE-PR-N (0.57) is better than 64.52% of its industry peers.
BCE-PR-N has a debt to FCF ratio of 9.25. This is a negative value and a sign of low solvency as BCE-PR-N would need 9.25 years to pay back of all of its debts.
The Debt to FCF ratio of BCE-PR-N (9.25) is worse than 61.29% of its industry peers.
A Debt/Equity ratio of 1.80 is on the high side and indicates that BCE-PR-N has dependencies on debt financing.
BCE-PR-N has a Debt to Equity ratio (1.80) which is in line with 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-N may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.61, BCE-PR-N is doing worse than 64.52% of the companies in the same industry.
A Quick Ratio of 0.57 indicates that BCE-PR-N may have some problems paying its short term obligations.
BCE-PR-N has a worse Quick ratio (0.57) than 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
BCE-PR-N shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.84%.
The Earnings Per Share has been decreasing by -2.78% on average over the past years.
BCE-PR-N 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
Based on estimates for the next years, BCE-PR-N will show a small growth in Earnings Per Share. The EPS will grow by 1.52% on average per year.
The Revenue is expected to grow by 2.40% on average over the next years.
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
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.99, the valuation of BCE-PR-N can be described as very cheap.
BCE-PR-N's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of BCE-PR-N to the average of the S&P500 Index (27.69), we can say BCE-PR-N is valued rather cheaply.
BCE-PR-N is valuated cheaply with a Price/Forward Earnings ratio of 7.28.
BCE-PR-N's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.18. BCE-PR-N is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.99 | ||
| Fwd PE | 7.28 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BCE-PR-N is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as BCE-PR-N.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.59 | ||
| EV/EBITDA | 5.28 |
4.3 Compensation for Growth
BCE-PR-N's earnings are expected to decrease with -3.44% in the coming years. This may justify a cheaper valuation.
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-N has a Yearly Dividend Yield of 5.26%, which is a nice return.
Compared to an average industry Dividend Yield of 5.26, BCE-PR-N pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, BCE-PR-N pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
5.2 History
The dividend of BCE-PR-N has a limited annual growth rate of 4.82%.
BCE-PR-N has been paying a dividend for at least 10 years, so it has a reliable track record.
BCE-PR-N has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.82%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
BCE-PR-N pays out 739.72% of its income as dividend. This is not a sustainable payout ratio.
BCE-PR-N's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP739.72%
EPS Next 2Y-4.95%
EPS Next 3Y-3.44%
TSX:BCE-PR-N (10/20/2025, 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
Analysts55
Price Target21.56 (7.8%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.26% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP739.72%
Div Incr Years3
Div Non Decr Years3
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)11.15%
PT rev (3m)3.86%
EPS NQ rev (1m)-0.63%
EPS NQ rev (3m)-2.94%
EPS NY rev (1m)-0.29%
EPS NY rev (3m)-1.78%
Revenue NQ rev (1m)-0.24%
Revenue NQ rev (3m)2.33%
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
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%
ROICexcg growth 3Y1.14%
ROICexcg 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%