BCE INC - BCECN 4.99 PERP (BCE-PR-T.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:BCE-PR-T • CA05534B8107

20.79 CAD
-0.02 (-0.1%)
Last: Feb 9, 2026, 07:00 PM
Fundamental Rating

3

BCE-PR-T gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 30 industry peers in the Diversified Telecommunication Services industry. There are concerns on the financial health of BCE-PR-T while its profitability can be described as average. BCE-PR-T has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • BCE-PR-T had positive earnings in the past year.
  • BCE-PR-T had a positive operating cash flow in the past year.
  • Of the past 5 years BCE-PR-T 4 years were profitable.
  • Of the past 5 years BCE-PR-T 4 years had a positive operating cash flow.
BCE-PR-T.CA Yearly Net Income VS EBIT VS OCF VS FCFBCE-PR-T.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

  • BCE-PR-T's Return On Assets of 7.85% is fine compared to the rest of the industry. BCE-PR-T outperforms 66.67% of its industry peers.
  • BCE-PR-T has a Return On Equity (27.48%) which is comparable to the rest of the industry.
  • BCE-PR-T has a Return On Invested Capital (4.52%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for BCE-PR-T 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-T.CA Yearly ROA, ROE, ROICBCE-PR-T.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • With a decent Profit Margin value of 25.21%, BCE-PR-T is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • In the last couple of years the Profit Margin of BCE-PR-T has declined.
  • BCE-PR-T has a Operating Margin (22.38%) which is comparable to the rest of the industry.
  • BCE-PR-T's Operating Margin has been stable in the last couple of years.
  • The Gross Margin of BCE-PR-T (67.92%) is comparable to the rest of the industry.
  • BCE-PR-T'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-T.CA Yearly Profit, Operating, Gross MarginsBCE-PR-T.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BCE-PR-T is still creating some value.
  • There is no outstanding debt for BCE-PR-T. 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-T.CA Yearly Shares OutstandingBCE-PR-T.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
BCE-PR-T.CA Yearly Total Debt VS Total AssetsBCE-PR-T.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

  • Based on the Altman-Z score of 0.60, we must say that BCE-PR-T is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 0.60, BCE-PR-T is in line with its industry, outperforming 50.00% of the companies in the same industry.
  • The Debt to FCF ratio of BCE-PR-T is 10.36, which is on the high side as it means it would take BCE-PR-T, 10.36 years of fcf income to pay off all of its debts.
  • BCE-PR-T has a Debt to FCF ratio (10.36) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 1.57 is on the high side and indicates that BCE-PR-T has dependencies on debt financing.
  • BCE-PR-T's Debt to Equity ratio of 1.57 is in line compared to the rest of the industry. BCE-PR-T outperforms 60.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.57
Debt/FCF 10.36
Altman-Z 0.6
ROIC/WACC1.04
WACC4.36%
BCE-PR-T.CA Yearly LT Debt VS Equity VS FCFBCE-PR-T.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

  • A Current Ratio of 0.58 indicates that BCE-PR-T may have some problems paying its short term obligations.
  • BCE-PR-T's Current ratio of 0.58 is in line compared to the rest of the industry. BCE-PR-T outperforms 50.00% of its industry peers.
  • BCE-PR-T has a Quick Ratio of 0.58. This is a bad value and indicates that BCE-PR-T is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.55, BCE-PR-T perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.58
Quick Ratio 0.55
BCE-PR-T.CA Yearly Current Assets VS Current LiabilitesBCE-PR-T.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-T have decreased by -8.54% in the last year.
  • Measured over the past years, BCE-PR-T shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.70% on average per year.
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-T will show a small growth in Earnings Per Share. The EPS will grow by 3.19% on average per year.
  • Based on estimates for the next years, BCE-PR-T will show a small growth in Revenue. The Revenue will grow by 2.37% on average per year.
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-T.CA Yearly Revenue VS EstimatesBCE-PR-T.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-T.CA Yearly EPS VS EstimatesBCE-PR-T.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

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 7.48, the valuation of BCE-PR-T can be described as very cheap.
  • BCE-PR-T's Price/Earnings ratio is a bit cheaper when compared to the industry. BCE-PR-T is cheaper than 66.67% of the companies in the same industry.
  • BCE-PR-T is valuated cheaply when we compare the Price/Earnings ratio to 28.06, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 7.68 indicates a rather cheap valuation of BCE-PR-T.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of BCE-PR-T is on the same level as its industry peers.
  • BCE-PR-T's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.86.
Industry RankSector Rank
PE 7.48
Fwd PE 7.68
BCE-PR-T.CA Price Earnings VS Forward Price EarningsBCE-PR-T.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • BCE-PR-T's Enterprise Value to EBITDA is on the same level as the industry average.
  • Based on the Price/Free Cash Flow ratio, BCE-PR-T is valued a bit cheaper than the industry average as 63.33% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 4.9
EV/EBITDA 5.65
BCE-PR-T.CA Per share dataBCE-PR-T.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-0.3%
EPS Next 3Y3.57%

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.00%, BCE-PR-T is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 4.35, BCE-PR-T has a dividend in line with its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.80, BCE-PR-T pays a better dividend.
Industry RankSector Rank
Dividend Yield 5%

5.2 History

  • The dividend of BCE-PR-T has a limited annual growth rate of 4.82%.
  • BCE-PR-T has paid a dividend for at least 10 years, which is a reliable track record.
  • BCE-PR-T has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years4
BCE-PR-T.CA Yearly Dividends per shareBCE-PR-T.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-T. This is a bit on the high side, but may be sustainable.
  • The dividend of BCE-PR-T is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP43.52%
EPS Next 2Y-0.3%
EPS Next 3Y3.57%
BCE-PR-T.CA Yearly Income VS Free CF VS DividendBCE-PR-T.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-T.CA Dividend Payout.BCE-PR-T.CA Dividend Payout, showing the Payout Ratio.BCE-PR-T.CA Dividend Payout.PayoutRetained Earnings

BCE INC - BCECN 4.99 PERP

TSX:BCE-PR-T (2/9/2026, 7:00:00 PM)

20.79

-0.02 (-0.1%)

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 Cap19.39B
Revenue(TTM)N/A
Net Income(TTM)6.17B
Analysts67.27
Price Target22.05 (6.06%)
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)-6.08%
PT rev (3m)2.2%
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 7.48
Fwd PE 7.68
P/S 0.79
P/FCF 4.9
P/OCF 2.65
P/B 0.86
P/tB N/A
EV/EBITDA 5.65
EPS(TTM)2.78
EY13.37%
EPS(NY)2.71
Fwd EY13.03%
FCF(TTM)4.24
FCFY20.4%
OCF(TTM)7.83
OCFY37.67%
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 0.6
F-Score6
WACC4.36%
ROIC/WACC1.04
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 4.99 PERP / BCE-PR-T.CA FAQ

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

ChartMill assigns a fundamental rating of 3 / 10 to BCE-PR-T.CA.


Can you provide the valuation status for BCE INC - BCECN 4.99 PERP?

ChartMill assigns a valuation rating of 5 / 10 to BCE INC - BCECN 4.99 PERP (BCE-PR-T.CA). This can be considered as Fairly Valued.


What is the profitability of BCE-PR-T stock?

BCE INC - BCECN 4.99 PERP (BCE-PR-T.CA) has a profitability rating of 4 / 10.


What is the expected EPS growth for BCE INC - BCECN 4.99 PERP (BCE-PR-T.CA) stock?

The Earnings per Share (EPS) of BCE INC - BCECN 4.99 PERP (BCE-PR-T.CA) is expected to decline by -2.61% in the next year.


How sustainable is the dividend of BCE INC - BCECN 4.99 PERP (BCE-PR-T.CA) stock?

The dividend rating of BCE INC - BCECN 4.99 PERP (BCE-PR-T.CA) is 6 / 10 and the dividend payout ratio is 43.52%.