Valuation BCE Inc. Toronto S.E.

Stocks

Delayed Toronto S.E. 11:31:52 2026-09-30 EDT			5-day change	1st Jan Change
22.35 ^CAD	+0.18%		-1.54%	+5.82%

09-29	TSX Closer: Index Edges Lower as the Telecom and Energy Sectors Weaken	MT
09-29	BCE Signs MOU With Cisco to Collaborate on Sovereign AI Infrastructure for Canada	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	26,689	-	-
Change	-	-9.29%	-12.27%	-36.13%	0.44%	-12.58%	-	-
Enterprise Value (EV) ¹	89,277	86,023	81,998	70,696	70,765	68,105	66,525	65,813
Change	-	-3.65%	-4.68%	-13.78%	0.1%	-3.76%	-2.32%	-1.07%
P/E	22x	20x	22.9x	185x	4.82x	11x	10.8x	9.62x
PBR	2.64x	2.45x	2.35x	1.78x	1.33x	1.24x	1.19x	1.13x
PEG	-	-59.8x	-1x	-2x	0x	-0.2x	8.02x	0.8x
Capitalization / Revenue	2.55x	2.24x	1.93x	1.25x	1.25x	1.07x	1.05x	1.03x
EV / Revenue	3.81x	3.56x	3.32x	2.9x	2.89x	2.73x	2.63x	2.55x
EV / EBITDA	9.02x	8.43x	7.87x	6.68x	6.64x	6.3x	6.03x	5.82x
EV / EBIT	16.9x	15.7x	14.9x	12.7x	13.1x	12.8x	12.3x	11.6x
EV / FCF	29.8x	28x	26.1x	24.5x	22.3x	30.5x	18.9x	16.7x
FCF Yield	3.35%	3.57%	3.83%	4.09%	4.49%	3.27%	5.28%	5.99%
Dividend per Share ²	3.5	3.68	3.87	3.99	2.31	1.751	1.76	1.782
Rate of return	5.32%	6.19%	7.42%	12%	7.06%	6.12%	6.15%	6.23%
EPS ²	2.99	2.98	2.28	0.18	6.79	2.61	2.646	2.975
Distribution rate	117%	123%	170%	2,217%	34%	67.1%	66.5%	59.9%
Net sales ¹	23,449	24,174	24,673	24,409	24,468	24,947	25,332	25,792
EBITDA ¹	9,893	10,199	10,417	10,589	10,658	10,810	11,029	11,305
EBIT ¹	5,284	5,476	5,499	5,548	5,420	5,305	5,418	5,667
Net income ¹	2,709	2,716	2,076	163	6,305	2,445	2,513	2,764
Net Debt ¹	29,466	31,771	34,405	40,299	40,234	41,416	39,836	39,125
Reference price ²	65.81	59.49	52.17	33.32	32.74	28.62	28.62	28.62
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
CHINA MOBILE LIMITED	11.08x	1.31x	4.14x	7.01%	223B
VERIZON COMMUNICATIONS, INC.	10.16x	2.47x	6.52x	6.14%	191B
DEUTSCHE TELEKOM AG	12.71x	2.09x	5.41x	4.27%	144B
NTT, INC.	13.45x	1.84x	8.04x	3.12%	88.46B
CHINA TELECOM CORPORATION LIMITED	11.81x	0.9x	3.36x	6.54%	80.48B
AMÉRICA MÓVIL, S.A.B. DE C.V.	11.7x	1.79x	4.53x	2.8%	65.5B
SAUDI TELECOM COMPANY	14.8x	2.64x	8.24x	5.16%	56.88B
SINGAPORE TELECOMMUNICATIONS LIMITED	23.03x	5.24x	19.11x	4.74%	54.63B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	14.93x	2.76x	6.17x	4.35%	51.66B
Average	13.74x	2.34x	7.28x	4.9%	106.16B
Weighted average by Cap.	12.58x	2.09x	6.34x	5.35%