BCE INC - BCECN 5.346 PERP (BCE-PR-Z.CA) Stock Fundamental Analysis
TSX:BCE-PR-Z - Toronto Stock Exchange - CA05534B8289 - Currency: CAD
BCE-PR-Z gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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 is valued expensive and it does not seem to be growing. Finally BCE-PR-Z also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year BCE-PR-Z was profitable.
BCE-PR-Z had a positive operating cash flow in the past year.
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 has a worse Return On Assets (0.54%) than 73.33% of its industry peers.
The Return On Equity of BCE-PR-Z (2.26%) is worse than 73.33% of its industry peers.
With a Return On Invested Capital value of 5.04%, BCE-PR-Z is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for BCE-PR-Z is in line with the industry average of 5.41%.
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 | 0.54% | ||
| ROE | 2.26% | ||
| 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
BCE-PR-Z has a Profit Margin of 1.61%. This is in the lower half of the industry: BCE-PR-Z underperforms 73.33% of its industry peers.
BCE-PR-Z's Profit Margin has declined in the last couple of years.
BCE-PR-Z has a Operating Margin of 22.74%. This is in the lower half of the industry: BCE-PR-Z underperforms 73.33% of its industry peers.
BCE-PR-Z's Operating Margin has been stable in the last couple of years.
Looking at the Gross Margin, with a value of 68.27%, BCE-PR-Z is doing worse than 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of BCE-PR-Z has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.74% | ||
| PM (TTM) | 1.61% | ||
| GM | 68.27% |
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
BCE-PR-Z has an Altman-Z score of 0.55. This is a bad value and indicates that BCE-PR-Z is not financially healthy and even has some risk of bankruptcy.
BCE-PR-Z's Altman-Z score of 0.55 is fine compared to the rest of the industry. BCE-PR-Z outperforms 70.00% of its industry peers.
The Debt to FCF ratio of BCE-PR-Z is 11.06, which is on the high side as it means it would take BCE-PR-Z, 11.06 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 11.06, BCE-PR-Z is doing worse than 70.00% of the companies in the same industry.
BCE-PR-Z has a Debt/Equity ratio of 1.95. This is a high value indicating a heavy dependency on external financing.
BCE-PR-Z's Debt to Equity ratio of 1.95 is on the low side compared to the rest of the industry. BCE-PR-Z is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.95 | ||
| Debt/FCF | 11.06 | ||
| Altman-Z | 0.55 |
ROIC/WACC1.18
WACC4.28%
2.3 Liquidity
BCE-PR-Z has a Current Ratio of 0.64. 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 (0.64) than 70.00% of its industry peers.
BCE-PR-Z has a Quick Ratio of 0.64. 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's Quick ratio 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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
BCE-PR-Z shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -6.78%.
Measured over the past years, BCE-PR-Z shows a decrease in Earnings Per Share. The EPS has been decreasing by -2.78% on average per year.
Looking at the last year, BCE-PR-Z shows a decrease in Revenue. The Revenue has decreased by -1.07% in the last year.
Measured over the past years, BCE-PR-Z shows a small growth in Revenue. The Revenue has been growing by 0.51% on average per year.
EPS 1Y (TTM)-6.78%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%-19%
Revenue 1Y (TTM)-1.07%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%0.59%
3.2 Future
BCE-PR-Z is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.91% yearly.
The Revenue is expected to grow by 1.89% on average over the next years.
EPS Next Y-8.98%
EPS Next 2Y-5.7%
EPS Next 3Y-2.78%
EPS Next 5Y7.91%
Revenue Next Year-0.24%
Revenue Next 2Y0.96%
Revenue Next 3Y0.97%
Revenue Next 5Y1.89%
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 7.02 indicates a rather cheap valuation of BCE-PR-Z.
Based on the Price/Earnings ratio, BCE-PR-Z is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
BCE-PR-Z's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.48.
A Price/Forward Earnings ratio of 7.43 indicates a rather cheap valuation of BCE-PR-Z.
Based on the Price/Forward Earnings ratio, BCE-PR-Z is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.04, BCE-PR-Z is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 7.43 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BCE-PR-Z indicates a slightly more expensive valuation: BCE-PR-Z is more expensive than 63.33% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BCE-PR-Z is valued a bit more expensive than 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.22 | ||
| EV/EBITDA | 5.35 |
4.3 Compensation for Growth
BCE-PR-Z's earnings are expected to decrease with -2.78% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.7%
EPS Next 3Y-2.78%
5. Dividend
5.1 Amount
BCE-PR-Z has a Yearly Dividend Yield of 6.38%, which is a nice return.
BCE-PR-Z's Dividend Yield is rather good when compared to the industry average which is at 6.17. BCE-PR-Z pays more dividend than 83.33% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, BCE-PR-Z pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
5.2 History
The dividend of BCE-PR-Z has a limited annual growth rate of 4.82%.
BCE-PR-Z has paid a dividend for at least 10 years, which is a reliable track record.
BCE-PR-Z has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years0
Div Non Decr Years11
5.3 Sustainability
BCE-PR-Z pays out 898.21% of its income as dividend. This is not a sustainable payout ratio.
The dividend of BCE-PR-Z is growing, but earnings are growing more, so the dividend growth is sustainable.
DP898.21%
EPS Next 2Y-5.7%
EPS Next 3Y-2.78%
TSX:BCE-PR-Z (8/7/2025, 7:00:00 PM)
20.08
+0.16 (+0.8%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners47.35%
Inst Owner ChangeN/A
Ins Owners0.04%
Ins Owner ChangeN/A
Market Cap18.51B
Analysts53.91
Price Target21.87 (8.91%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.38% |
Yearly Dividend4.17
Dividend Growth(5Y)4.82%
DP898.21%
Div Incr Years0
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)9.87%
Min EPS beat(2)9.09%
Max EPS beat(2)10.64%
EPS beat(4)2
Avg EPS beat(4)3.75%
Min EPS beat(4)-3.58%
Max EPS beat(4)10.64%
EPS beat(8)4
Avg EPS beat(8)2.18%
EPS beat(12)7
Avg EPS beat(12)2.52%
EPS beat(16)10
Avg EPS beat(16)2.92%
Revenue beat(2)1
Avg Revenue beat(2)-0.35%
Min Revenue beat(2)-0.87%
Max Revenue beat(2)0.17%
Revenue beat(4)1
Avg Revenue beat(4)-1.15%
Min Revenue beat(4)-1.99%
Max Revenue beat(4)0.17%
Revenue beat(8)1
Avg Revenue beat(8)-1.24%
Revenue beat(12)2
Avg Revenue beat(12)-1%
Revenue beat(16)2
Avg Revenue beat(16)-1.16%
PT rev (1m)-1.16%
PT rev (3m)10.47%
EPS NQ rev (1m)-0.14%
EPS NQ rev (3m)-1.93%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)0.23%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.02 | ||
| Fwd PE | 7.43 | ||
| P/S | 0.76 | ||
| P/FCF | 5.22 | ||
| P/OCF | 2.44 | ||
| P/B | 1.07 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.35 |
EPS(TTM)2.86
EY14.24%
EPS(NY)2.7
Fwd EY13.46%
FCF(TTM)3.84
FCFY19.15%
OCF(TTM)8.24
OCFY41.03%
SpS26.39
BVpS18.8
TBVpS-10.47
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.54% | ||
| ROE | 2.26% | ||
| ROCE | 9.21% | ||
| ROIC | 5.04% | ||
| ROICexc | 5.13% | ||
| ROICexgc | 9.46% | ||
| OM | 22.74% | ||
| PM (TTM) | 1.61% | ||
| GM | 68.27% | ||
| FCFM | 14.57% |
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-Score6
Asset Turnover0.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.95 | ||
| Debt/FCF | 11.06 | ||
| Debt/EBITDA | 3.2 | ||
| Cap/Depr | 80.2% | ||
| Cap/Sales | 16.65% | ||
| Interest Coverage | 2.95 | ||
| Cash Conversion | 71.77% | ||
| Profit Quality | 906.39% | ||
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.61 | ||
| Altman-Z | 0.55 |
F-Score6
WACC4.28%
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)-6.78%
EPS 3Y-1.59%
EPS 5Y-2.78%
EPS Q2Q%-19%
EPS Next Y-8.98%
EPS Next 2Y-5.7%
EPS Next 3Y-2.78%
EPS Next 5Y7.91%
Revenue 1Y (TTM)-1.07%
Revenue growth 3Y1.35%
Revenue growth 5Y0.51%
Sales Q2Q%0.59%
Revenue Next Year-0.24%
Revenue Next 2Y0.96%
Revenue Next 3Y0.97%
Revenue Next 5Y1.89%
EBIT growth 1Y1.21%
EBIT growth 3Y1.64%
EBIT growth 5Y-0.41%
EBIT Next Year91.5%
EBIT Next 3Y25.46%
EBIT Next 5Y15.47%
FCF growth 1Y39.2%
FCF growth 3Y-4.23%
FCF growth 5Y-6.84%
OCF growth 1Y-2.7%
OCF growth 3Y-3.43%
OCF growth 5Y-1.95%