Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
BCE Inc. is a leading Canadian communications company that provides wireless, wireline, internet, streaming, and television services to residential, business, and wholesale customers. It operates primarily through two segments: Bell Communication and Technology Services, which delivers mobile data and voice plans, high-speed fibre internet, internet protocol television, satellite TV, cloud-based solutions, and voice communications over advanced 5G+, 5G, and 4G LTE networks; and Bell Media, which offers a portfolio of video, audio, digital media, out-of-home advertising, and content creation across platforms like the CTV and Noovo television networks, sports channels TSN and RDS, bilingual streaming service Crave, and iHeartRadio Canada. BCE Inc. serves customers nationwide in Canada, including through subsidiaries like Bell MTS, Virgin Plus, Lucky Mobile, and Ziply Fiber in the U.S. Pacific Northwest, while also operating extensive retail networks with thousands of points of distribution. Headquartered in Montreal, Quebec, Canada, BCE Inc. supports enterprise needs with AI-powered solutions, cybersecurity, IoT, and collaboration tools backed by its robust infrastructure.
C$23.20
+C$0.00 (+0.00%)
EOD Jun 25, 2026 · Twelve Data
22.15% operating margin is above average. ROIC at 8.59%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 37.0%, still solid.
Net debt of C$40.74B represents 12.4x FCF, leverage limits flexibility.
4.9x earnings, 11.2x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$24.71B
▲ +37.0% YoY
Net Income (TTM)
C$6.50B
▲ +2274.2% YoY
Op. Margin
21.89%
▼ -0.6pp YoY
ROIC
8.59%
▲ +4.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
C$2.76B
▲ +75.7% YoY
Op. Cash Flow (TTM)
C$14.10B
▲ +170.7% YoY
Net Debt
C$40.74B
Cash & Equiv.
C$320M
3Y CAGR: +0.4%
3Y CAGR: +0.6%
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At a P/E of 4.9 and a price-to-free-cash-flow of 11.2, BCE (BCE) trades below a two-stage DCF intrinsic value of about C$105.50 per share, so at C$23.20 the stock looks undervalued (354.7% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, BCE scores 41/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 6.4%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about C$105.50 per share for BCE, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around C$79.13. At today's C$23.20, that puts the stock about 354.7% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
BCE scores 41 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 21.9% operating margin and a 8.6% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, BCE pays a regular dividend of about C$2.12 per share per year (typically in quarterly installments), a yield of roughly 6.4% at the current price. That is a payout ratio of about 30.5% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For BCE's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. BCE currently trades below its estimated intrinsic value and scores 41/100 on quality (mixed). It also yields about 6.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.