BCE : BCE Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

BCE Inc trades with the ticker BCE on the TSX and is in the Telecom Services industry.

Overview
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 three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers integrated digital wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, including Internet access and Internet protocol television (IPTV), local telephone, and long distance services, as well as other communication services and products; and satellite TV service and connectivity services. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.
 

Looking to invest in BCE Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

BCE.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $44984.267MM

PE Ratio: 21.548

Price: 36.45 (Updated: 3/12/2024 0:47:16)



BCE Inc (BCE) vs Competitors in Telecom Services

Lets see how BCE.TO stacks up against others in the Telecom Services asset management industry. We have identified its main peers as:

Cogeco Communications Inc, Quebecor Inc, Quebecor Inc, Rogers Communications Inc, Rogers Communications Inc

.

Telecom Services Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
BCE Inc (BCE) $44,984.267 21.548 8.548 8.1%
Cogeco Communications Inc (CCA) $2,523.181 7.183 5.26 5.7%
Quebecor Inc (QBR-A) $7,173.896 11.071 7.088 4.2%
Quebecor Inc (QBR-B) $7,349.16 11.396 7.088 4.2%
Rogers Communications Inc (RCI-A) $31,688.428 37.562 9.997 3.3%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Telecom Services

  • BCE Inc (BCE) vs Cogeco Communications Inc (CCA)
    • CCA has higher EPS (8.32 vs 2.28). BCE has higher dividend yield (8.1% vs 5.7%). BCE has a higher P/E ratio (21.548 vs 7.183) indicating it’s more expensive.
  • BCE Inc (BCE) vs Quebecor Inc (QBR-A)
    • QBR-A has higher EPS (2.8 vs 2.28). BCE has higher dividend yield (8.1% vs 4.2%). BCE has a higher P/E ratio (21.548 vs 11.071) indicating it’s more expensive.
  • BCE Inc (BCE) vs Quebecor Inc (QBR-B)
    • QBR-B has higher EPS (2.8 vs 2.28). BCE has higher dividend yield (8.1% vs 4.2%). BCE has a higher P/E ratio (21.548 vs 11.396) indicating it’s more expensive.
  • BCE Inc (BCE) vs Rogers Communications Inc (RCI-A)
    • BCE has higher EPS (2.28 vs 1.62). BCE has higher dividend yield (8.1% vs 3.3%). RCI-A has a higher P/E ratio (37.562 vs 21.548) indicating it’s more expensive.
  • BCE Inc (BCE) vs Rogers Communications Inc (RCI-B)
    • BCE has higher EPS (2.28 vs 1.62). BCE has higher dividend yield (8.1% vs 3.4%). RCI-B has a higher P/E ratio (36.883 vs 21.548) indicating it’s more expensive.

Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (21.55) than the industry average (31.22), indicating potential undervaluation. Features a lower EV/EBITDA ratio (8.55) than the industry average (9.43), indicating attractive valuation.
 

How to Buy BCE stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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