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BCE Inc
TSX:BCE

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BCE Inc
TSX:BCE
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Price: 32.09 CAD -0.03% Market Closed
Market Cap: CA$29.9B

EV/FCFF

19.7
Current
18%
Cheaper
vs 3-y average of 24.1

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
19.7
=
Enterprise Value
CA$65.3B
/
Free Cash Flow to Firm
CA$3.3B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
19.7
=
Enterprise Value
CA$65.3B
/
Free Cash Flow to Firm
CA$3.3B

Valuation Scenarios

BCE Inc is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (24.1), the stock would be worth CA$39.11 (22% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+106%
Average Upside
38%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 19.7 CA$32.09
0%
3-Year Average 24.1 CA$39.11
+22%
5-Year Average 24.2 CA$39.27
+22%
Industry Average 40.6 CA$66.02
+106%
Country Average 20.4 CA$33.2
+3%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
CA
BCE Inc
TSX:BCE
29.9B CAD 19.7 4.8
US
Verizon Communications Inc
NYSE:VZ
199.2B USD 16.2 11.6
US
AT&T Inc
NYSE:T
181.5B USD 17.4 8.5
DE
Deutsche Telekom AG
XETRA:DTE
129.5B EUR 11.4 13.5
CN
China Telecom Corp Ltd
SSE:601728
547.2B CNY 9.4 16.7
JP
Nippon Telegraph and Telephone Corp
TSE:9432
12.5T JPY -1 292.5 11.6
SG
Singapore Telecommunications Ltd
SGX:Z74
76B SGD 46.9 12.3
FR
Orange SA
PAR:ORA
46.6B EUR 20.9 86.6
SA
Saudi Telecom Company SJSC
SAU:7010
189.1B SAR 28.6 12.8
AU
Telstra Group Ltd
F:5KB
37.2B EUR 19.3 27.2
CH
Swisscom AG
SIX:SCMN
34B CHF 15.9 27

Market Distribution

In line with most companies in Canada
Percentile
49th
Based on 1 610 companies
49th percentile
19.7
Low
0 — 13.1
Typical Range
13.1 — 33.5
High
33.5 —
Distribution Statistics
Canada
Min 0
30th Percentile 13.1
Median 20.4
70th Percentile 33.5
Max 22 577.3

BCE Inc
Glance View

In the sprawling landscape of Canada's telecommunications industry, BCE Inc. stands as a towering figure, a well-oiled machine operating at the intersection of communication and innovation. Originally established in 1880 as Bell Canada Enterprises, the company has undoubtedly transformed from a simple telephone service provider to a diversified conglomerate, addressing the communication needs of millions. BCE Inc.'s powerful trifecta includes Bell Wireless, Bell Wireline, and Bell Media, woven seamlessly into the fabric of Canadian society. The company artfully orchestrates the distribution of services ranging from high-speed internet, television, and landline telecommunication to mobile services, capturing revenue through both consumer subscriptions and corporate contracts. The wireless segment, in particular, serves as a dynamic growth engine, capitalizing on expanding smartphone usage and the relentless evolution of network technologies. BCE Inc. doesn't just stop at traditional telecommunication services; it dives into the world of media with Bell Media, adding another robust stream to its revenue portfolio. This branch thrives on a comprehensive array of television and radio properties, reaching a broad audience and drawing significant advertising and subscription revenues. By owning and distributing popular content and channels, it ensures a steady influx of viewers and listeners, translating entertainment into monetary gain. The strategic integrations of its telecom and media assets enable BCE Inc. to offer bundled services, enhancing customer loyalty and creating a competitive edge in the market. Simultaneously, its commitment to investing in fiber and 5G ensures BCE Inc. remains at the forefront of connectivity, continually scaling its infrastructure to support an increasingly digital future. Through a combination of innovation, strategic expansion, and a firm grip on modern communication needs, BCE Inc. continues to solidify its influential presence across various facets of Canadian life.

BCE Intrinsic Value
60.82 CAD
Undervaluation 47%
Intrinsic Value
Price CA$32.09
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