Valuation BCE Inc. Toronto S.E.

Stocks

Market Closed - Toronto S.E. 15:34:01 2026-10-23 EDT			5-day change	1st Jan Change
20.99 ^CAD	-0.38%		-1.22%	+6.01%

10-18	BCE Inc.(TSX:BCE.PRQ) dropped from S&P/TSX Preferred Share Index	CI
10-18	BCE Inc.(TSX:BCE.PRA) dropped from S&P/TSX Preferred Share Index	CI

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	26,698	-	-
Change	-	-9.29%	-12.27%	-36.13%	0.44%	-12.55%	-	-
Enterprise Value (EV) ¹	89,277	86,023	81,998	70,696	70,765	68,661	67,501	65,990
Change	-	-3.65%	-4.68%	-13.78%	0.1%	-2.97%	-1.69%	-2.24%
P/E	22x	20x	22.9x	185x	4.82x	10.9x	10.6x	9.63x
PBR	2.64x	2.45x	2.35x	1.78x	1.33x	1.29x	1.22x	1.16x
PEG	-	-59.8x	-1x	-2x	0x	-0.2x	3.42x	0.9x
Capitalization / Revenue	2.55x	2.24x	1.93x	1.25x	1.25x	1.07x	1.06x	1.04x
EV / Revenue	3.81x	3.56x	3.32x	2.9x	2.89x	2.76x	2.67x	2.56x
EV / EBITDA	9.02x	8.43x	7.87x	6.68x	6.64x	6.37x	6.14x	5.82x
EV / EBIT	16.9x	15.7x	14.9x	12.7x	13.1x	12.9x	12.5x	11.7x
EV / FCF	29.8x	28x	26.1x	24.5x	22.3x	30.8x	19.5x	16.8x
FCF Yield	3.35%	3.57%	3.83%	4.09%	4.49%	3.25%	5.13%	5.96%
Dividend per Share ²	3.5	3.68	3.87	3.99	2.31	1.751	1.759	1.782
Rate of return	5.32%	6.19%	7.42%	12%	7.06%	6.12%	6.14%	6.22%
EPS ²	2.99	2.98	2.28	0.18	6.79	2.616	2.697	2.973
Distribution rate	117%	123%	170%	2,217%	34%	66.9%	65.2%	59.9%
Net sales ¹	23,449	24,174	24,673	24,409	24,468	24,895	25,260	25,772
EBITDA ¹	9,893	10,199	10,417	10,589	10,658	10,777	11,002	11,342
EBIT ¹	5,284	5,476	5,499	5,548	5,420	5,339	5,417	5,630
Net income ¹	2,709	2,716	2,076	163	6,305	2,484	2,598	2,753
Net Debt ¹	29,466	31,771	34,405	40,299	40,234	41,963	40,803	39,291
Reference price ²	65.81	59.49	52.17	33.32	32.74	28.63	28.63	28.63
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.($)
CHINA MOBILE LIMITED	10.96x	1.27x	4.01x	7.04%	218B
VERIZON COMMUNICATIONS, INC.	9.91x	2.43x	6.4x	6.32%	186B
DEUTSCHE TELEKOM AG	12.12x	2.06x	5.31x	4.44%	136B
NTT, INC.	13.65x	1.87x	8.15x	3.06%	90.77B
CHINA TELECOM CORPORATION LIMITED	11.14x	0.93x	3.5x	6.68%	87.24B
AMÉRICA MÓVIL, S.A.B. DE C.V.	13.62x	2.04x	5.13x	2.42%	73.45B
SAUDI TELECOM COMPANY	14.17x	2.56x	7.98x	5.41%	54.31B
SINGAPORE TELECOMMUNICATIONS LIMITED	22.17x	5.11x	18.65x	4.92%	52.47B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	14.05x	2.63x	5.81x	4.54%	49.34B
Average	13.53x	2.32x	7.22x	4.98%	105.23B
Weighted average by Cap.	12.37x	2.05x	6.23x	5.41%