Overview Dividends

(BCE) BCE - Ratings and Ratios

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

Wireless, Wireline, Internet, TV, Media

BCE EPS (Earnings per Share)

EPS (Earnings per Share) of BCE over the last years for every Quarter: "2020-09": 0.79, "2020-12": 0.81, "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": 0.79,
EPS Growth (3Y CAGR): 3.96%
EPS Trend (3Y Correlation): -16.6%

BCE Revenue

Revenue of BCE over the last years for every Quarter: 2020-09: 5787, 2020-12: 6102, 2021-03: 5706, 2021-06: 5698, 2021-09: 5836, 2021-12: 6209, 2022-03: 5850, 2022-06: 5861, 2022-09: 6024, 2022-12: 6439, 2023-03: 6054, 2023-06: 6066, 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,
Revenue Growth (3Y CAGR): -2.25%
Revenue Trend (3Y Correlation): -31.1%
Risk via 10d forecast
Volatility 19.6%
Value at Risk 5%th 31.9%
Reward
Sharpe Ratio -0.55
Alpha -25.48
Character
Hurst Exponent 0.646
Beta 0.650
Drawdowns 3y
Max DD 48.71%
Mean DD 23.65%

Description: BCE BCE October 16, 2025

BCE Inc. (NYSE:BCE) is a Canadian integrated telecommunications provider that serves residential, business, and wholesale customers through two primary segments: Bell Communication and Technology Services, which delivers wireless, wireline, internet, streaming, and device offerings; and Bell Media, which operates a portfolio of video, audio, out-of-home advertising, and digital media assets. The company’s legacy dates back to 1880 and its headquarters are in Verdun, Canada.

As of the latest fiscal quarter, BCE reported revenue of approximately $7.3 billion, with a wireless subscriber base of roughly 10.5 million and broadband customers exceeding 5 million. The firm maintains a dividend yield near 5.6 % and is allocating around $2.2 billion in capital expenditures this year to expand its 5G network and fiber-to-the-home infrastructure-key drivers in a sector characterized by high entry barriers, regulated pricing, and steady cash-flow generation.

For a deeper, data-driven assessment of BCE’s valuation metrics and scenario analysis, you may find ValueRay’s research platform a useful next step.

BCE Stock Overview

Market Cap in USD 21,625m
Sub-Industry Integrated Telecommunication Services
IPO / Inception 1982-11-15
Return 12m vs S&P 500 -22.2%
Analyst Rating 2.94 of 5

BCE Dividends

Dividend Yield 8.89%
Yield on Cost 5y 6.70%
Yield CAGR 5y 4.29%
Payout Consistency 91.0%
Payout Ratio 70.3%

BCE Growth Ratios

CAGR -15.13%
CAGR/Max DD Calmar Ratio -0.31
CAGR/Mean DD Pain Ratio -0.64
Current Volume 2860.9k
Average Volume 2860.9k

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (6.33b TTM) > 0 and > 6% of Revenue (6% = 1.47b TTM)
FCFTA 0.05 (>2.0%) and ΔFCFTA 0.96pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -20.96% (prev -21.73%; Δ 0.76pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.09 (>3.0%) and CFO 7.31b > Net Income 6.33b (YES >=105%, WARN >=100%)
Net Debt (40.51b) to EBITDA (10.32b) ratio: 3.92 <= 3.0 (WARN <= 3.5)
Current Ratio 0.58 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (932.5m) change vs 12m ago 2.21% (target <= -2.0% for YES)
Gross Margin 61.81% (prev 58.83%; Δ 2.99pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 32.37% (prev 33.64%; Δ -1.27pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 2.96 (EBITDA TTM 10.32b / Interest Expense TTM 1.76b) >= 6 (WARN >= 3)

Altman Z'' 0.20

(A) -0.07 = (Total Current Assets 7.05b - Total Current Liabilities 12.18b) / Total Assets 78.58b
(B) -0.05 = Retained Earnings (Balance) -4.06b / Total Assets 78.58b
(C) 0.07 = EBIT TTM 5.21b / Avg Total Assets 75.65b
(D) 0.32 = Book Value of Equity 17.80b / Total Liabilities 55.83b
Total Rating: 0.20 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 59.30

1. Piotroski 3.50pt = -1.50
2. FCF Yield 5.59% = 2.80
3. FCF Margin 16.18% = 4.05
4. Debt/Equity 1.82 = 1.03
5. Debt/Ebitda 3.92 = -2.50
6. ROIC - WACC (= 4.87)% = 6.09
7. RoE 33.81% = 2.50
8. Rev. Trend -31.09% = -2.33
9. EPS Trend -16.63% = -0.83

What is the price of BCE shares?

As of November 11, 2025, the stock is trading at USD 22.94 with a total of 2,860,900 shares traded.
Over the past week, the price has changed by +1.19%, over one month by -4.02%, over three months by -4.53% and over the past year by -10.38%.

Is BCE a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, BCE is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 59.30 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BCE is around 21.53 USD . This means that BCE is currently overvalued and has a potential downside of -6.15%.

Is BCE a buy, sell or hold?

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

What are the forecasts/targets for the BCE price?

Issuer Target Up/Down from current
Wallstreet Target Price 25.5 10.9%
Analysts Target Price 25.5 10.9%
ValueRay Target Price 23.1 0.6%

BCE Fundamental Data Overview November 11, 2025

Market Cap CAD = 30.34b (21.63b USD * 1.4032 USD.CAD)
P/E Trailing = 4.9131
P/E Forward = 11.8765
P/S = 0.8832
P/B = 2.06
P/EG = 0.2293
Beta = 0.65
Revenue TTM = 24.49b CAD
EBIT TTM = 5.21b CAD
EBITDA TTM = 10.32b CAD
Long Term Debt = 32.84b CAD (from longTermDebt, last fiscal year)
Short Term Debt = 5.82b CAD (from shortTermDebt, last quarter)
Debt = 40.98b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 40.51b CAD (from netDebt column, last quarter)
Enterprise Value = 70.85b CAD (30.34b + Debt 40.98b - CCE 465.0m)
Interest Coverage Ratio = 2.96 (Ebit TTM 5.21b / Interest Expense TTM 1.76b)
FCF Yield = 5.59% (FCF TTM 3.96b / Enterprise Value 70.85b)
FCF Margin = 16.18% (FCF TTM 3.96b / Revenue TTM 24.49b)
Net Margin = 25.87% (Net Income TTM 6.33b / Revenue TTM 24.49b)
Gross Margin = 61.81% ((Revenue TTM 24.49b - Cost of Revenue TTM 9.35b) / Revenue TTM)
Gross Margin QoQ = 46.09% (prev 68.58%)
Tobins Q-Ratio = 0.90 (Enterprise Value 70.85b / Total Assets 78.58b)
Interest Expense / Debt = 1.12% (Interest Expense 457.0m / Debt 40.98b)
Taxrate = 9.80% (495.0m / 5.05b)
NOPAT = 4.69b (EBIT 5.21b * (1 - 9.80%))
Current Ratio = 0.58 (Total Current Assets 7.05b / Total Current Liabilities 12.18b)
Debt / Equity = 1.82 (Debt 40.98b / totalStockholderEquity, last quarter 22.46b)
Debt / EBITDA = 3.92 (Net Debt 40.51b / EBITDA 10.32b)
Debt / FCF = 10.22 (Net Debt 40.51b / FCF TTM 3.96b)
Total Stockholder Equity = 18.73b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.06% (Net Income 6.33b / Total Assets 78.58b)
RoE = 33.81% (Net Income TTM 6.33b / Total Stockholder Equity 18.73b)
RoCE = 10.09% (EBIT 5.21b / Capital Employed (Equity 18.73b + L.T.Debt 32.84b))
RoIC = 9.03% (NOPAT 4.69b / Invested Capital 52.00b)
WACC = 4.16% (E(30.34b)/V(71.32b) * Re(8.41%) + D(40.98b)/V(71.32b) * Rd(1.12%) * (1-Tc(0.10)))
Discount Rate = 8.41% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 1.10%
[DCF Debug] Terminal Value 80.26% ; FCFE base≈3.56b ; Y1≈4.40b ; Y5≈7.50b
Fair Price DCF = 127.4 (DCF Value 118.84b / Shares Outstanding 932.5m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -16.63 | EPS CAGR: 3.96% | SUE: 0.11 | # QB: 0
Revenue Correlation: -31.09 | Revenue CAGR: -2.25% | SUE: -0.02 | # QB: 0

Additional Sources for BCE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle