BCE.PRJ Stock Overview

A communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. More details

BCE.PRJ fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	3/6
Past Performance	0/6
Financial Health	1/6
Dividends	4/6

Rewards

Trading at 91.2% below our estimate of its fair value

Earnings are forecast to grow 80.89% per year

Risk Analysis

Dividend of 12.33% is not well covered by earnings or free cash flows

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Profit margins (0.3%) are lower than last year (9%)

My Notes

Capture your thoughts, links and company narrative

BCE Inc. Competitors

TELUS

TSX:T

CA$29.2b

Quebecor

TSX:QBR.A

CA$7.4b

Cogeco Communications

TSX:CCA

CA$2.8b

Cogeco

TSX:CGO

CA$547.1m

Price History & Performance

Summary of share price highs, lows and changes for BCE
Historical stock prices
Current Share Price	CA$16.27
52 Week High	CA$18.95
52 Week Low	CA$15.73
Beta	0.40
1 Month Change	2.52%
3 Month Change	-2.87%
1 Year Change	-10.70%
3 Year Change	-22.52%
5 Year Change	5.92%
Change since IPO	-30.77%

Recent updates

Shareholder Returns

	BCE.PRJ	CA Telecom	CA Market
7D	3.3%	-1.9%	0.9%
1Y	-10.7%	-25.0%	15.7%

Return vs Industry: BCE.PRJ exceeded the Canadian Telecom industry which returned -25% over the past year.

Return vs Market: BCE.PRJ underperformed the Canadian Market which returned 15.7% over the past year.

Price Volatility

Is BCE.PRJ's price volatile compared to industry and market?
BCE.PRJ volatility
BCE.PRJ Average Weekly Movement	2.3%
Telecom Industry Average Movement	3.7%
Market Average Movement	8.1%
10% most volatile stocks in CA Market	17.3%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: BCE.PRJ has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: BCE.PRJ's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1880	45,132	Mirko Bibic	www.bce.ca

BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.

BCE Inc. Fundamentals Summary

How do BCE's earnings and revenue compare to its market cap?
BCE.PRJ fundamental statistics
Market cap	CA$29.79b
Earnings (TTM)	CA$84.00m
Revenue (TTM)	CA$24.46b

351.6x

P/E Ratio

1.2x

P/S Ratio

Is BCE.PRJ overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BCE.PRJ income statement (TTM)
Revenue	CA$24.46b
Cost of Revenue	CA$13.53b
Gross Profit	CA$10.94b
Other Expenses	CA$10.85b
Earnings	CA$84.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

May 08, 2025

Earnings per share (EPS)	0.092
Gross Margin	44.71%
Net Profit Margin	0.34%
Debt/Equity Ratio	222.9%

How did BCE.PRJ perform over the long term?

See historical performance and comparison

Dividends

12.3%

Current Dividend Yield

4,301%

Payout Ratio

Does BCE.PRJ pay a reliable dividends?

See BCE.PRJ dividend history and benchmarks

When do you need to buy BCE.PRJ by to receive an upcoming dividend?
BCE dividend dates
Ex Dividend Date	Dec 31 2024
Dividend Pay Date	Jan 12 2025
Days until Ex dividend	0 days
Days until Dividend pay date	12 days

Does BCE.PRJ pay a reliable dividends?

See BCE.PRJ dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 03:21
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BCE Inc. is covered by 40 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mark Rosen	Accountability Research Corporation
Amman Saeed	Accountability Research Corporation
null null	Argus Research Company