BCE INC - BCECN 5.346 PERP (BCE-PR-Z.CA) Stock Fundamental Analysis
Canada - TSX:BCE-PR-Z - CA05534B8289
20.33 CAD
+0.09 (+0.44%)
We assign a fundamental rating of 3 out of 10 to BCE-PR-Z. BCE-PR-Z was compared to 30 industry peers in the Diversified Telecommunication Services industry. BCE-PR-Z may be in some trouble as it scores bad on both profitability and health. BCE-PR-Z does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year BCE-PR-Z was profitable.
In the past year BCE-PR-Z had a positive cash flow from operations.
In the past 5 years BCE-PR-Z has always been profitable.
In the past 5 years BCE-PR-Z always reported a positive cash flow from operatings.
1.2 Ratios
BCE-PR-Z's Return On Assets of 0.61% is on the low side compared to the rest of the industry. BCE-PR-Z is outperformed by 70.00% of its industry peers.
The Return On Equity of BCE-PR-Z (2.40%) is worse than 70.00% of its industry peers.
BCE-PR-Z's Return On Invested Capital of 5.04% is on the low side compared to the rest of the industry. BCE-PR-Z is outperformed by 66.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BCE-PR-Z is in line with the industry average of 5.25%.
The 3 year average ROIC (4.90%) for BCE-PR-Z is below the current ROIC(5.04%), indicating increased profibility in the last year.
| 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
Looking at the Profit Margin, with a value of 1.77%, BCE-PR-Z is doing worse than 70.00% of the companies in the same industry.
BCE-PR-Z's Profit Margin has declined in the last couple of years.
With a Operating Margin value of 22.50%, BCE-PR-Z is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
BCE-PR-Z's Operating Margin has been stable in the last couple of years.
BCE-PR-Z's Gross Margin of 67.94% is on the low side compared to the rest of the industry. BCE-PR-Z is outperformed by 70.00% of its industry peers.
BCE-PR-Z'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-Z is creating some value.
The number of shares outstanding for BCE-PR-Z remains at a similar level compared to 1 year ago.
The number of shares outstanding for BCE-PR-Z has been increased compared to 5 years ago.
The debt/assets ratio for BCE-PR-Z 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-Z is in the distress zone and has some risk of bankruptcy.
BCE-PR-Z has a better Altman-Z score (0.57) than 73.33% of its industry peers.
BCE-PR-Z has a debt to FCF ratio of 9.25. This is a negative value and a sign of low solvency as BCE-PR-Z would need 9.25 years to pay back of all of its debts.
BCE-PR-Z's Debt to FCF ratio of 9.25 is on the low side compared to the rest of the industry. BCE-PR-Z is outperformed by 66.67% of its industry peers.
A Debt/Equity ratio of 1.80 is on the high side and indicates that BCE-PR-Z has dependencies on debt financing.
BCE-PR-Z's Debt to Equity ratio of 1.80 is on the low side compared to the rest of the industry. BCE-PR-Z is outperformed by 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.8 | ||
| Debt/FCF | 9.25 | ||
| Altman-Z | 0.57 |
ROIC/WACC1.16
WACC4.35%
2.3 Liquidity
BCE-PR-Z has a Current Ratio of 0.61. This is a bad value and indicates that BCE-PR-Z is not financially healthy enough and could expect problems in meeting its short term obligations.
BCE-PR-Z has a worse Current ratio (0.61) than 70.00% of its industry peers.
A Quick Ratio of 0.57 indicates that BCE-PR-Z may have some problems paying its short term obligations.
The Quick ratio of BCE-PR-Z (0.57) is worse than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.57 |
3. Growth
3.1 Past
The earnings per share for BCE-PR-Z have decreased by -6.84% in the last year.
The Earnings Per Share has been decreasing by -2.78% on average over the past years.
The Revenue has decreased by -0.66% in the past year.
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.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 7.11, which indicates a rather cheap valuation of BCE-PR-Z.
60.00% of the companies in the same industry are cheaper than BCE-PR-Z, based on the Price/Earnings ratio.
BCE-PR-Z's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.86.
BCE-PR-Z is valuated cheaply with a Price/Forward Earnings ratio of 7.40.
Based on the Price/Forward Earnings ratio, BCE-PR-Z is valued a bit more expensive than 60.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BCE-PR-Z to the average of the S&P500 Index (23.32), we can say BCE-PR-Z is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.11 | ||
| Fwd PE | 7.4 |
4.2 Price Multiples
BCE-PR-Z's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. BCE-PR-Z is more expensive than 63.33% of the companies in the same industry.
66.67% of the companies in the same industry are cheaper than BCE-PR-Z, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.67 | ||
| EV/EBITDA | 5.3 |
4.3 Compensation for Growth
A cheap valuation may be justified as BCE-PR-Z'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-Z has a Yearly Dividend Yield of 4.48%, which is a nice return.
BCE-PR-Z's Dividend Yield is a higher than the industry average which is at 4.74.
Compared to an average S&P500 Dividend Yield of 2.41, BCE-PR-Z pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
5.2 History
The dividend of BCE-PR-Z has a limited annual growth rate of 4.82%.
BCE-PR-Z has been paying a dividend for at least 10 years, so it has a reliable track record.
BCE-PR-Z has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
739.72% of the earnings are spent on dividend by BCE-PR-Z. This is not a sustainable payout ratio.
BCE-PR-Z'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-Z (10/2/2025, 7:00:00 PM)
20.33
+0.09 (+0.44%)
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 Cap18.96B
Analysts55
Price Target21.46 (5.56%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.48% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP739.72%
Div Incr Years0
Div Non Decr Years11
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)-1.84%
PT rev (3m)-2.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-2.33%
EPS NY rev (1m)-0.29%
EPS NY rev (3m)-1.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.58%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.11 | ||
| Fwd PE | 7.4 | ||
| P/S | 0.78 | ||
| P/FCF | 4.67 | ||
| P/OCF | 2.53 | ||
| P/B | 1.05 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.3 |
EPS(TTM)2.86
EY14.07%
EPS(NY)2.75
Fwd EY13.51%
FCF(TTM)4.36
FCFY21.43%
OCF(TTM)8.03
OCFY39.48%
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
WACC4.35%
ROIC/WACC1.16
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%