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BCE TSX:BCE Stock Report

Last Price

CA$37.74

Market Cap

CA$34.8b

7D

-0.9%

1Y

-29.8%

Updated

20 Nov, 2024

Data

Company Financials +

BCE Inc.

TSX:BCE Stock Report

Market Cap: CA$34.8b

BCE Stock Overview

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

BCE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends4/6

Rewards

Trading at 63% below our estimate of its fair value

Earnings are forecast to grow 80.89% per year

Risk Analysis

Dividend of 10.57% 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%)


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Expanding Fiber Ventures Boost Future Revenue And Margin Transformation In Media And Wireless

Key Takeaways BCE's strategic acquisitions and digital shift drive growth and stabilize earnings by enhancing market presence, technology integration, and media revenue. Focus on high-value subscribers and business solutions boosts margins and revenue, enhancing service offerings and competitive positioning.
View narrative
CA$43.57
FV
13.4% undervalued intrinsic discount
1.39%
Revenue growth p.a.
0users have liked this narrative
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2users have followed this narrative
Updated narrative

BCE Inc. Competitors

TELUS

TSX:T

CA$32.3b

Quebecor

TSX:QBR.A

CA$7.5b

Cogeco Communications

TSX:CCA

CA$2.9b

Cogeco

TSX:CGO

CA$580.6m

Price History & Performance

Summary of all time highs, changes and price drops for BCE
Historical stock prices
Current Share PriceCA$37.74
52 Week HighCA$56.18
52 Week LowCA$37.33
Beta0.48
11 Month Change-18.36%
3 Month Change-19.75%
1 Year Change-29.81%
33 Year Change-42.02%
5 Year Change-40.73%
Change since IPO380.45%

Recent News & Updates

BCE's (TSE:BCE) Conservative Accounting Might Explain Soft Earnings

Nov 14
BCE's (TSE:BCE) Conservative Accounting Might Explain Soft Earnings

Recent updates

BCE's (TSE:BCE) Conservative Accounting Might Explain Soft Earnings

Nov 14
BCE's (TSE:BCE) Conservative Accounting Might Explain Soft Earnings

These 4 Measures Indicate That BCE (TSE:BCE) Is Using Debt Extensively

Aug 20
These 4 Measures Indicate That BCE (TSE:BCE) Is Using Debt Extensively

BCE Inc. Just Missed EPS By 5.7%: Here's What Analysts Think Will Happen Next

Aug 05
BCE Inc. Just Missed EPS By 5.7%: Here's What Analysts Think Will Happen Next

Investors Interested In BCE Inc.'s (TSE:BCE) Earnings

Jul 27
Investors Interested In BCE Inc.'s (TSE:BCE) Earnings

Here's What To Make Of BCE's (TSE:BCE) Decelerating Rates Of Return

Jun 24
Here's What To Make Of BCE's (TSE:BCE) Decelerating Rates Of Return

BCE (TSE:BCE) Takes On Some Risk With Its Use Of Debt

May 09
BCE (TSE:BCE) Takes On Some Risk With Its Use Of Debt

The Price Is Right For BCE Inc. (TSE:BCE)

Dec 30
The Price Is Right For BCE Inc. (TSE:BCE)

Does BCE (TSE:BCE) Have A Healthy Balance Sheet?

Dec 15
Does BCE (TSE:BCE) Have A Healthy Balance Sheet?

Shareholder Returns

BCECA TelecomCA Market
7D-0.9%-1.0%0.7%
1Y-29.8%-18.0%21.7%

Return vs Industry: BCE underperformed the Canadian Telecom industry which returned -18% over the past year.

Return vs Market: BCE underperformed the Canadian Market which returned 21.7% over the past year.

Price Volatility

Is BCE's price volatile compared to industry and market?
BCE volatility
BCE Average Weekly Movement3.5%
Telecom Industry Average Movement3.5%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: BCE's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188045,132Mirko Bibicwww.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 fundamental statistics
Market capCA$34.79b
Earnings (TTM)CA$84.00m
Revenue (TTM)CA$24.46b

409.9x

P/E Ratio

1.4x

P/S Ratio

Is BCE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BCE income statement (TTM)
RevenueCA$24.46b
Cost of RevenueCA$13.53b
Gross ProfitCA$10.94b
Other ExpensesCA$10.85b
EarningsCA$84.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.092
Gross Margin44.71%
Net Profit Margin0.34%
Debt/Equity Ratio222.9%

How did BCE perform over the long term?

See historical performance and comparison

Dividends

10.6%

Current Dividend Yield

4,301%

Payout Ratio

Does BCE pay a reliable dividends?

See BCE dividend history and benchmarks
When do you need to buy BCE by to receive an upcoming dividend?
BCE dividend dates
Ex Dividend DateDec 16 2024
Dividend Pay DateJan 15 2025
Days until Ex dividend25 days
Days until Dividend pay date55 days

Does BCE pay a reliable dividends?

See BCE dividend history and benchmarks