Valuation BCE Inc.

Stocks

Real-time Estimate TE Other stock markets 10:41:25 2026-06-15 EDT			5-day change	1st Jan Change
34.02 ^CAD	+0.24%		+0.30%	+3.45%

06-04	BCE's Bell Canada Prices $1.04 Billion Debt Tender Offers	MT
06-04	Bell Prices Cash Tender Offers for Debt Securities	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	32,051	-	-
Change	-	-9.29%	-12.27%	-36.13%	0.44%	4.98%	-	-
Enterprise Value (EV) ¹	89,277	86,023	81,998	70,696	70,765	73,344	71,524	71,108
Change	-	-3.65%	-4.68%	-13.78%	0.1%	3.64%	-2.48%	-0.58%
P/E Ratio	22x	20x	22.9x	185x	4.82x	13.2x	13x	11.7x
PBR	2.64x	2.45x	2.35x	1.78x	1.33x	1.5x	1.43x	1.36x
PEG	-	-59.8x	-1x	-2x	0x	-0.2x	9.12x	1.1x
Capitalization / Revenue	2.55x	2.24x	1.93x	1.25x	1.25x	1.28x	1.26x	1.23x
EV / Revenue	3.81x	3.56x	3.32x	2.9x	2.89x	2.93x	2.81x	2.74x
EV / EBITDA	9.02x	8.43x	7.87x	6.68x	6.64x	6.76x	6.44x	6.23x
EV / EBIT	16.9x	15.7x	14.9x	12.7x	13.1x	13.7x	12.9x	12.3x
EV / FCF	29.8x	28x	26.1x	24.5x	22.3x	33.2x	19.8x	18.7x
FCF Yield	3.35%	3.57%	3.83%	4.09%	4.49%	3.02%	5.04%	5.35%
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%	5.09%	5.12%	5.18%
EPS ²	2.99	2.98	2.28	0.18	6.79	2.612	2.649	2.935
Distribution rate	117%	123%	170%	2,217%	34%	67%	66.5%	60.6%
Net sales ¹	23,449	24,174	24,673	24,409	24,468	25,043	25,491	25,964
EBITDA ¹	9,893	10,199	10,417	10,589	10,658	10,844	11,108	11,417
EBIT ¹	5,284	5,476	5,499	5,548	5,420	5,366	5,546	5,790
Net income ¹	2,709	2,716	2,076	163	6,305	2,461	2,461	2,706
Net Debt ¹	29,466	31,771	34,405	40,299	40,234	41,293	39,473	39,057
Reference price ²	65.81	59.49	52.17	33.32	32.74	34.37	34.37	34.37
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.	13.16x	2.93x	6.76x	5.09%	22.96B
VERIZON COMMUNICATIONS, INC.	10.02x	2.5x	6.69x	5.87%	201B
DEUTSCHE TELEKOM AG	14.12x	2.19x	5.76x	3.99%	158B
AMÉRICA MÓVIL, S.A.B. DE C.V.	13.47x	2.09x	5.26x	2.31%	83.43B
NTT, INC.	11.67x	1.69x	6.93x	3.6%	75.23B
SAUDI TELECOM COMPANY	15.79x	2.75x	8.61x	5%	58.66B
ORANGE	17.55x	1.95x	6.07x	4.41%	54.91B
SINGAPORE TELECOMMUNICATIONS LIMITED	16.26x	5.24x	19.01x	4.42%	54.6B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	13.83x	2.55x	5.86x	4.89%	44.89B
SWISSCOM AG	24.29x	3.37x	7.42x	4.1%	42.73B
Average	15.02x	2.72x	7.84x	4.37%	79.62B
Weighted average by Cap.	13.79x	2.55x	7.32x	4.47%