Valuation BCE Inc.

Stocks

Market Closed - Toronto S.E. 00:00:00 19/09/2026 +04			5-day change	1st Jan Change
30.90 ^CAD	-0.96%		-4.60%	-5.62%

09-17	BCE Price Target Raised to CA$43 at Desjardins	MT
09-15	PRESS DIGEST-Canada - September 15	RE

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	28,815	-	-
Change	-	-9.29%	-12.27%	-36.13%	0.44%	-5.62%	-	-
Enterprise Value (EV) ¹	89,277	86,023	81,998	70,696	70,765	70,231	68,651	67,940
Change	-	-3.65%	-4.68%	-13.78%	0.1%	-0.75%	-2.25%	-1.04%
P/E	22x	20x	22.9x	185x	4.82x	11.8x	11.7x	10.4x
PBR	2.64x	2.45x	2.35x	1.78x	1.33x	1.34x	1.28x	1.22x
PEG	-	-59.8x	-1x	-2x	0x	-0.2x	8.69x	0.8x
Capitalization / Revenue	2.55x	2.24x	1.93x	1.25x	1.25x	1.16x	1.14x	1.12x
EV / Revenue	3.81x	3.56x	3.32x	2.9x	2.89x	2.82x	2.71x	2.63x
EV / EBITDA	9.02x	8.43x	7.87x	6.68x	6.64x	6.5x	6.22x	6.01x
EV / EBIT	16.9x	15.7x	14.9x	12.7x	13.1x	13.2x	12.7x	12x
EV / FCF	29.8x	28x	26.1x	24.5x	22.3x	31.5x	19.5x	17.2x
FCF Yield	3.35%	3.57%	3.83%	4.09%	4.49%	3.17%	5.12%	5.8%
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%	5.67%	5.7%	5.77%
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	30.90	30.90	30.90
Nbr of stocks (in thousands)	908,850	911,955	912,274	912,283	932,526	932,526	-	-
Announcement Date	03/02/22	02/02/23	08/02/24	06/02/25	05/02/26	-	-	-

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.	11.84x	2.82x	6.5x	5.67%	20.57B
CHINA MOBILE LIMITED	11.03x	1.31x	4.14x	7.04%	222B
VERIZON COMMUNICATIONS, INC.	10.61x	2.53x	6.69x	5.87%	200B
DEUTSCHE TELEKOM AG	13.18x	2.12x	4.91x	4.16%	149B
NTT, INC.	13.93x	1.87x	8.15x	3.01%	91.97B
CHINA TELECOM CORPORATION LIMITED	11.64x	0.87x	3.26x	6.65%	79.55B
AMÉRICA MÓVIL, S.A.B. DE C.V.	11.52x	1.78x	4.48x	2.84%	67.46B
SAUDI TELECOM COMPANY	15.29x	2.68x	8.37x	5.06%	58B
SINGAPORE TELECOMMUNICATIONS LIMITED	23.43x	5.3x	19.36x	4.66%	55.58B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	14.98x	2.77x	6.2x	4.39%	51.14B
Average	13.74x	2.40x	7.20x	4.93%	99.56B
Weighted average by Cap.	12.78x	2.13x	6.34x	5.27%