Valuation BCE Inc. Toronto S.E.

Stocks

Market Closed - Toronto S.E. 16:00:00 2026-11-11 EST			5-day change	1st Jan Change
22.23 ^CAD	-0.58%		-0.09%	+5.26%

11-06	RBC Raises Price Target on BCE to CA$35 From CA$34, Keeps Outperform Rating	MT
11-05	BCE Inc., Q3 2026 Earnings Call, Nov 05, 2026

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	70,369	67,285	67,052
Change	-	-3.65%	-4.68%	-13.78%	0.1%	-0.56%	-4.38%	-0.35%
P/E	22x	20x	22.9x	185x	4.82x	11.8x	11.3x	10.4x
PBR	2.64x	2.45x	2.35x	1.78x	1.33x	1.32x	1.23x	1.17x
PEG	-	-59.8x	-1x	-2x	0x	-0.2x	2.8x	1.16x
Capitalization / Revenue	2.55x	2.24x	1.93x	1.25x	1.25x	1.15x	1.13x	1.11x
EV / Revenue	3.81x	3.56x	3.32x	2.9x	2.89x	2.82x	2.67x	2.6x
EV / EBITDA	9.02x	8.43x	7.87x	6.68x	6.64x	6.52x	6.13x	5.9x
EV / EBIT	16.9x	15.7x	14.9x	12.7x	13.1x	13.2x	12.4x	11.8x
EV / FCF	29.8x	28x	26.1x	24.5x	22.3x	33.9x	20.9x	17.1x
FCF Yield	3.35%	3.57%	3.83%	4.09%	4.49%	2.95%	4.79%	5.86%
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%	5.72%	5.74%	5.82%
EPS ²	2.99	2.98	2.28	0.18	6.79	2.6	2.705	2.947
Distribution rate	117%	123%	170%	2,217%	34%	67.3%	65%	60.5%
Net sales ¹	23,449	24,174	24,673	24,409	24,468	24,917	25,205	25,814
EBITDA ¹	9,893	10,199	10,417	10,589	10,658	10,796	10,980	11,362
EBIT ¹	5,284	5,476	5,499	5,548	5,420	5,351	5,422	5,666
Net income ¹	2,709	2,716	2,076	163	6,305	2,429	2,584	2,807
Net Debt ¹	29,466	31,771	34,405	40,299	40,234	41,815	38,731	38,498
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
CHINA MOBILE LIMITED	11.73x	1.36x	4.3x	6.66%	228B
VERIZON COMMUNICATIONS, INC.	10.26x	2.51x	6.56x	6.08%	192B
DEUTSCHE TELEKOM AG	12.55x	2.08x	5.5x	4.3%	139B
JIO PLATFORMS LIMITED	38.08x	8.33x	15.39x	-	135B
CHINA TELECOM CORPORATION LIMITED	11.95x	0.93x	3.5x	6.4%	86.53B
NTT, INC.	13.17x	1.78x	7.72x	3.28%	83.79B
AMÉRICA MÓVIL, S.A.B. DE C.V.	14.25x	2.1x	5.28x	2.31%	76.81B
SAUDI TELECOM COMPANY	14.34x	-	-	5.34%	54.91B
SINGAPORE TELECOMMUNICATIONS LIMITED	21.95x	5.09x	18.58x	4.92%	51.9B
Average	16.48x	3.02x	8.35x	4.91%	116B
Weighted average by Cap.	15.92x	2.88x	7.45x	5.3%