Valuation BCE Inc.

Stocks

Market Closed - Toronto S.E. Other stock markets 16:00:00 2026-07-17 EDT			5-day change	1st Jan Change
30.62 ^CAD	-1.64%		+1.12%	-6.48%

06-18	BCE Unit Bell Canada, Cohere, Hypertec and BUZZ HPC Enters Deal to "Advance Sovereign AI in Canada"	MT
06-18	Bell Canada, Hive Digital Join Project to Expand Canada AI R&D Capacity	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	59,811	54,252	47,593	30,397	30,531	28,554	-	-
Change	-	-9.29%	-12.27%	-36.13%	0.44%	-6.48%	-	-
Enterprise Value (EV) ¹	89,277	86,023	81,998	70,696	70,765	69,875	68,380	67,135
Change	-	-3.65%	-4.68%	-13.78%	0.1%	-1.26%	-2.14%	-1.82%
P/E	22x	20x	22.9x	185x	4.82x	11.7x	11.6x	10.8x
PBR	2.64x	2.45x	2.35x	1.78x	1.33x	1.38x	1.31x	1.24x
PEG	-	-59.8x	-1x	-2x	0x	-0.2x	11.63x	1.36x
Capitalization / Revenue	2.55x	2.24x	1.93x	1.25x	1.25x	1.14x	1.12x	1.1x
EV / Revenue	3.81x	3.56x	3.32x	2.9x	2.89x	2.8x	2.69x	2.59x
EV / EBITDA	9.02x	8.43x	7.87x	6.68x	6.64x	6.46x	6.19x	5.92x
EV / EBIT	16.9x	15.7x	14.9x	12.7x	13.1x	13.1x	12.5x	11.8x
EV / FCF	29.8x	28x	26.1x	24.5x	22.3x	32.1x	19.4x	11.8x
FCF Yield	3.35%	3.57%	3.83%	4.09%	4.49%	3.11%	5.15%	8.5%
Dividend per Share ²	3.5	3.68	3.87	3.99	2.31	1.75	1.761	1.78
Rate of return	5.32%	6.19%	7.42%	12%	7.06%	5.72%	5.75%	5.81%
EPS ²	2.99	2.98	2.28	0.18	6.79	2.61	2.636	2.845
Distribution rate	117%	123%	170%	2,217%	34%	67.1%	66.8%	62.6%
Net sales ¹	23,449	24,174	24,673	24,409	24,468	24,970	25,384	25,875
EBITDA ¹	9,893	10,199	10,417	10,589	10,658	10,812	11,055	11,348
EBIT ¹	5,284	5,476	5,499	5,548	5,420	5,334	5,463	5,695
Net income ¹	2,709	2,716	2,076	163	6,305	2,520	2,481	2,648
Net Debt ¹	29,466	31,771	34,405	40,299	40,234	41,321	39,826	38,581
Reference price ²	65.81	59.49	52.17	33.32	32.74	30.62	30.62	30.62
Nbr of stocks (in thousands)	908,850	911,955	912,274	912,283	932,526	932,526	-	-
Announcement Date	2/3/22	2/2/23	2/8/24	2/6/25	2/5/26	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BCE INC.	11.73x	2.8x	6.46x	5.72%	20.38B
CHINA MOBILE LIMITED	11.39x	1.32x	4.09x	7.04%	224B
VERIZON COMMUNICATIONS, INC.	9.11x	2.38x	6.37x	6.47%	182B
DEUTSCHE TELEKOM AG	13.7x	2.13x	5.55x	4.17%	149B
AMÉRICA MÓVIL, S.A.B. DE C.V.	13.45x	2.04x	5.15x	2.39%	79.13B
CHINA TELECOM CORPORATION LIMITED	12.16x	0.82x	3.08x	6.63%	77.03B
NTT, INC.	12.03x	1.75x	7.5x	3.57%	75.8B
SAUDI TELECOM COMPANY	15.41x	2.68x	8.39x	5.1%	57.64B
SINGAPORE TELECOMMUNICATIONS LIMITED	23.9x	5.38x	19.65x	4.48%	56.14B
ORANGE	16.05x	1.79x	5.62x	4.78%	50.1B
Average	13.89x	2.31x	7.19x	5.03%	97.15B
Weighted average by Cap.	12.80x	2.07x	6.30x	5.4%