(BCE) BCE - Overview

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA05534B7604

Stock: Wireless, Internet, TV, Media, Retail

Total Rating 50
Risk 63
Buy Signal -0.58
Risk 5d forecast
Volatility 19.7%
Relative Tail Risk -3.49%
Reward TTM
Sharpe Ratio 0.70
Alpha 12.79
Character TTM
Beta -0.045
Beta Downside -0.403
Drawdowns 3y
Max DD 48.71%
CAGR/Max DD -0.21

EPS (Earnings per Share)

EPS (Earnings per Share) of BCE over the last years for every Quarter: "2021-03": 0.78, "2021-06": 0.83, "2021-09": 0.82, "2021-12": 0.76, "2022-03": 0.89, "2022-06": 0.87, "2022-09": 0.88, "2022-12": 0.71, "2023-03": 0.85, "2023-06": 0.79, "2023-09": 0.81, "2023-12": 0.76, "2024-03": 0.72, "2024-06": 0.78, "2024-09": -1.36, "2024-12": 0.79, "2025-03": 0.69, "2025-06": 0.63, "2025-09": 4.84, "2025-12": 0.69,

Revenue

Revenue of BCE over the last years for every Quarter: 2021-03: 5703.260913, 2021-06: 5690.829375, 2021-09: 5828.501226, 2021-12: 6209, 2022-03: 4675.32, 2022-06: 4550.89067, 2022-09: 4352.9424, 2022-12: 6439, 2023-03: 4476.3276, 2023-06: 4576.1904, 2023-09: 6080, 2023-12: 6473, 2024-03: 6011, 2024-06: 6005, 2024-09: 5971, 2024-12: 6422, 2025-03: 5930, 2025-06: 6085, 2025-09: 6049, 2025-12: 6384.06,

Description: BCE BCE March 04, 2026

BCE Inc. is a Canadian telecommunications company. It offers a range of services including wireless, wireline, internet, and television to residential, business, and wholesale customers.

The company operates through two main segments. Bell Communication and Technology Services provides mobile data, voice plans, and internet access. This segment also offers cloud services and business solutions. The telecommunications sector is characterized by high infrastructure costs and recurring revenue models.

The Bell Media segment focuses on video, audio, out-of-home advertising, and digital media. Media companies often leverage content libraries and advertising revenue streams.

For more detailed financial analysis, consider exploring ValueRay.

Headlines to watch out for

  • Wireless subscriber growth boosts Bell Communication revenue
  • Wireline infrastructure investment impacts capital expenditures
  • Bell Media advertising revenue sensitive to economic cycles
  • Regulatory changes affect telecom service pricing
  • Interest rate hikes increase debt servicing costs

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income: 6.30b TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.45 > 1.0
NWC/Revenue: -22.29% < 20% (prev -24.27%; Δ 1.98% < -1%)
CFO/TA 0.08 > 3% & CFO 6.51b > Net Income 6.30b
Net Debt (40.74b) to EBITDA (15.97b): 2.55 < 3
Current Ratio: 0.58 > 1.5 & < 3
Outstanding Shares: last quarter (928.6m) vs 12m ago 1.78% < -2%
Gross Margin: 43.93% > 18% (prev 0.59%; Δ 4.33k% > 0.5%)
Asset Turnover: 31.84% > 50% (prev 33.22%; Δ -1.38% > 0%)
Interest Coverage Ratio: 6.06 > 6 (EBITDA TTM 15.97b / Interest Expense TTM 1.77b)

Altman Z'' 0.68

A: -0.07 (Total Current Assets 7.41b - Total Current Liabilities 12.86b) / Total Assets 80.08b
B: -0.05 (Retained Earnings -3.67b / Total Assets 80.08b)
C: 0.14 (EBIT TTM 10.74b / Avg Total Assets 76.78b)
D: 0.32 (Book Value of Equity 18.32b / Total Liabilities 56.87b)
Altman-Z'' Score: 0.68 = B

Beneish M -2.69

DSRI: 1.02 (Receivables 5.05b/4.97b, Revenue 24.45b/24.41b)
GMI: 1.34 (GM 43.93% / 58.77%)
AQI: 1.03 (AQ_t 0.49 / AQ_t-1 0.47)
SGI: 1.00 (Revenue 24.45b / 24.41b)
TATA: -0.00 (NI 6.30b - CFO 6.51b) / TA 80.08b)
Beneish M-Score: -2.69 (Cap -4..+1) = A

What is the price of BCE shares?

As of March 22, 2026, the stock is trading at USD 25.79 with a total of 3,156,802 shares traded.
Over the past week, the price has changed by +2.14%, over one month by +1.23%, over three months by +14.90% and over the past year by +18.13%.

Is BCE a buy, sell or hold?

BCE has received a consensus analysts rating of 2.94. Therefor, it is recommend to hold BCE.
  • StrongBuy: 1
  • Buy: 3
  • Hold: 8
  • Sell: 4
  • StrongSell: 1

What are the forecasts/targets for the BCE price?

Issuer Target Up/Down from current
Wallstreet Target Price 27.7 7.5%
Analysts Target Price 27.7 7.5%

BCE Fundamental Data Overview March 21, 2026

Market Cap CAD = 33.04b (24.06b USD * 1.373 USD.CAD)
P/E Trailing = 5.1875
P/E Forward = 13.7174
P/S = 0.9834
P/B = 1.6651
P/EG = 0.224
Revenue TTM = 24.45b CAD
EBIT TTM = 10.74b CAD
EBITDA TTM = 15.97b CAD
Long Term Debt = 34.90b CAD (from longTermDebt, last quarter)
Short Term Debt = 6.16b CAD (from shortTermDebt, last quarter)
Debt = 41.06b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 40.74b CAD (from netDebt column, last quarter)
Enterprise Value = 73.77b CAD (33.04b + Debt 41.06b - CCE 320.0m)
Interest Coverage Ratio = 6.06 (Ebit TTM 10.74b / Interest Expense TTM 1.77b)
EV/FCF = 24.32x (Enterprise Value 73.77b / FCF TTM 3.03b)
FCF Yield = 4.11% (FCF TTM 3.03b / Enterprise Value 73.77b)
FCF Margin = 12.41% (FCF TTM 3.03b / Revenue TTM 24.45b)
Net Margin = 25.77% (Net Income TTM 6.30b / Revenue TTM 24.45b)
Gross Margin = 43.93% ((Revenue TTM 24.45b - Cost of Revenue TTM 13.71b) / Revenue TTM)
Gross Margin QoQ = -27.52% (prev 70.82%)
Tobins Q-Ratio = 0.92 (Enterprise Value 73.77b / Total Assets 80.08b)
Interest Expense / Debt = 1.10% (Interest Expense 451.6m / Debt 41.06b)
Taxrate = 24.20% (200.0m / 826.7m)
NOPAT = 8.14b (EBIT 10.74b * (1 - 24.20%))
Current Ratio = 0.58 (Total Current Assets 7.41b / Total Current Liabilities 12.86b)
Debt / Equity = 1.79 (Debt 41.06b / totalStockholderEquity, last quarter 22.92b)
Debt / EBITDA = 2.55 (Net Debt 40.74b / EBITDA 15.97b)
Debt / FCF = 13.43 (Net Debt 40.74b / FCF TTM 3.03b)
Total Stockholder Equity = 20.19b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.20% (Net Income 6.30b / Total Assets 80.08b)
RoE = 31.20% (Net Income TTM 6.30b / Total Stockholder Equity 20.19b)
RoCE = 19.49% (EBIT 10.74b / Capital Employed (Equity 20.19b + L.T.Debt 34.90b))
RoIC = 14.46% (NOPAT 8.14b / Invested Capital 56.30b)
WACC = 3.03% (E(33.04b)/V(74.09b) * Re(5.75%) + D(41.06b)/V(74.09b) * Rd(1.10%) * (1-Tc(0.24)))
Discount Rate = 5.75% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 81.65 | Cagr: 0.89%
[DCF] Terminal Value 88.25% ; FCFF base≈2.80b ; Y1≈3.38b ; Y5≈5.50b
[DCF] Fair Price = 128.3 (EV 160.39b - Net Debt 40.74b = Equity 119.65b / Shares 932.5m; r=5.90% [WACC]; 5y FCF grow 22.26% → 2.90% )
EPS Correlation: 5.72 | EPS CAGR: -6.56% | SUE: 0.04 | # QB: 0
Revenue Correlation: 69.78 | Revenue CAGR: 8.66% | SUE: -0.07 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.74 | Chg7d=-0.004 | Chg30d=-0.004 | Revisions Net=-2 | Analysts=10
EPS current Year (2026-12-31): EPS=2.56 | Chg7d=-0.009 | Chg30d=-0.027 | Revisions Net=-9 | Growth EPS=-8.6% | Growth Revenue=+2.8%
EPS next Year (2027-12-31): EPS=2.69 | Chg7d=-0.001 | Chg30d=-0.009 | Revisions Net=-5 | Growth EPS=+5.0% | Growth Revenue=+1.6%
[Analyst] Revisions Ratio: -0.50 (1 Up / 3 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = -11.3% (Discount Rate 7.9% - Earnings Yield 19.3%)
[Growth] Growth Spread = +14.9% (Analyst 3.5% - Implied -11.3%)

Additional Sources for BCE Stock

Fund Manager Positions: Dataroma | Stockcircle