How does BCE N's PS Ratio compare to its peers?

BCE N is good value based on its Price-To-Sales Ratio (1.3x) compared to the peer average (1.4x).

How does BCE N's PS Ratio compare vs other companies in the Global Telecom Industry?

BCE N is good value based on its Price-To-Sales Ratio (1.3x) compared to the Global Telecom industry average (1.3x).

What is BCE N's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate BCE N's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of BCE N when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

BCE N (MX$563.3) is trading below our estimate of [[fair value]] (MX$4851.67)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

BCE N Stock Overview

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

BCE N fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	3/6
Past Performance	0/6
Financial Health	1/6
Dividends	4/6

Rewards

Trading at 88.4% below our estimate of its fair value

Earnings are forecast to grow 80.89% per year

Analysts in good agreement that stock price will rise by 22.8%

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 11.81% is not well covered by earnings or free cash flows

Shares are highly illiquid

Large one-off items impacting financial results

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

BCE Inc. Competitors

Operadora de Sites Mexicanos. de

BMV:SITES1 A-1

Mex$44.1b

Sitios Latinoamérica. de

BMV:LASITE B-1

Mex$11.9b

Axtel. de

BMV:AXTEL CPO

Mex$2.9b

América Móvil. de

BMV:AMX B

Mex$902.7b

Price History & Performance

Summary of share price highs, lows and changes for BCE
Historical stock prices
Current Share Price	CA$563.30
52 Week High	CA$563.30
52 Week Low	CA$563.30
Beta	0.40
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	0%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	BCE N	MX Telecom	MX Market
7D	0%	-0.8%	-1.1%
1Y	n/a	2.2%	-12.5%

Return vs Industry: Insufficient data to determine how BCE N performed against the MX Telecom industry.

Return vs Market: Insufficient data to determine how BCE N performed against the MX Market.

Price Volatility

Is BCE N's price volatile compared to industry and market?
BCE N volatility
BCE N Average Weekly Movement	n/a
Telecom Industry Average Movement	5.6%
Market Average Movement	4.0%
10% most volatile stocks in MX Market	6.0%
10% least volatile stocks in MX Market	2.8%

Stable Share Price: BCE N's share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: Insufficient data to determine BCE N's volatility change 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 N fundamental statistics
Market cap	Mex$434.77b
Earnings (TTM)	Mex$1.18b
Revenue (TTM)	Mex$344.98b

367.0x

P/E Ratio

1.3x

P/S Ratio

Is BCE N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BCE N 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 N perform over the long term?

See historical performance and comparison

Dividends

11.8%

Current Dividend Yield

4,301%

Payout Ratio

Does BCE N pay a reliable dividends?

See BCE N dividend history and benchmarks

When do you need to buy BCE N by to receive an upcoming dividend?
BCE dividend dates
Ex Dividend Date	Dec 16 2024
Dividend Pay Date	Jan 15 2025
Days until Ex dividend	3 days
Days until Dividend pay date	27 days

Does BCE N pay a reliable dividends?

See BCE N dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 18:24
End of Day Share Price	2024/12/03 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