BCE Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 26.52
Dividend & Yield2.92$ (6.58%)
Beta 0.48
Market capitalization 40.62B
Operating cash flow 8.37B
ESG Scores 18.5

Company description

BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, including internet access and Internet protocol television (IPTV), local telephone, and long distance services, as well as other communication services and products; and satellite TV service and connectivity servuces. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.

Sector: Communication Services - Industry: Telecom Services

Financial Ratios
Quick Ratio0.63
Working Capital-0.97
Return On Equity0.15
Debt To Equity1.27
Fixed Asset Ratio0.27
Fixed Interest Cover4.87

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities
Total Cashflows From Investing Activities -4.04B -3.54B -7B -5.52B
Net Borrowings -1.21B -638M 2.44B 39M
Total Cash From Financing Activities -4.2B -4.13B -1.02B -2.99B
Change To Operating Activities -48M -231M 7M 426M
Issuance Of Stock 240M 26M 261M 171M
Net Income 3.19B 2.63B 2.84B 2.87B
Change In Cash -284M 83M -17M -140M
Effect Of Exchange Rate
Total Cash From Operating Activities 7.96B 7.75B 8.01B 8.37B
Depreciation 3.6B 3.62B 3.76B 4.72B
Change To Account Receivables 704M 704M 278M -59M
Other Cashflows From Financing Activities -125M -153M -164M 630M
Change To Netincome 438M 404M 222M 349M
Capital Expenditures -3.97B -4.2B -4.84B -5.13B

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 4.35B 3.27B 3.94B 3.89B
Net Income 3.19B 2.63B 2.84B 2.87B
Selling General Administrative 236M 241M 213M
Gross Profit 10.18B 9.8B 10.09B 10.25B
Ebit 5.6B 5.16B 5.26B 5.53B
Operating Income 5.6B 5.16B 5.26B 5.53B
Interest Expense -1.12B -1.11B -1.08B -1.15B
Income Tax Expense 1.13B 792M 1.04B 967M
Total Revenue 23.79B 22.88B 23.45B 24.17B
Cost Of Revenue 13.61B 13.08B 13.36B 13.92B
Total Other Income ExpenseNet -1.25B -1.89B -1.33B -1.63B
Net Income From Continuing Ops 3.22B 2.47B 2.89B 2.93B
Net Income Applicable To Common Shares 3.04B 2.5B 2.71B 2.72B

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 38.74B 39.34B 43.82B 46.81B
Total Stockholder Equity 17.07B 16.99B 18.63B 18.31B
Other Current Liabilities 2.34B 2.39B 2.62B 1.83B
Total Assets 60.15B 60.66B 66.76B 69.33B
Common Stock 20.36B 20.39B 20.66B 20.84B
Other Current Assets 605M 601M 892M 864M
Retained Earnings -4.63B -4.68B -3.4B -3.65B
Treasury Stock 161M 103M 213M -55M
Cash 145M 224M 207M 149M
Total Current Liabilities 9.78B 8.27B 9.11B 11.47B
Other Stockholder Equity 161M 103M 213M -55M
Property, Plant, and Equipment 27.64B 27.51B 28.23B 29.26B
Total Current Assets 5.52B 5.69B 6.2B 6.49B
Net Tangible Assets -6.95B -6.72B -7.51B -8.78B
Net Receivables 4.15B 4.21B 4.36B 4.57B
Accounts Payable 2.6B 2.6B 2.93B 5.22B


Insider Transactions

Here are the insider transactions of stock shares related to BCE Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MONTY JEAN CLAUDEStock Award(Grant) at price 39.23 per share.D1998-06-30Director42.51k
SHARPE CHARLES RICHARDPurchase at price 34.38 per share.1991-01-31Director561
ROY HENRI APurchase at price 37.88 per share.1990-08-01Officer100
STERN PAUL GEORGEPurchase at price 36.38 per share.1990-02-14Director1k
WILLIAM DANIELPurchase at price 42.00 per share.1989-08-03Director900
SPALDING JAMES STUARTPurchase at price 40.00 per share.1989-07-06Officer100
HOULE GUYSale at price 38.75 per share.1989-06-22Officer800
WILSON LYNTON RONALDPurchase at price 39.75 per share.1989-06-13Director800
MONTY JEAN CLAUDESale at price 37.75 per share.1989-02-07Officer561
HOULE GUYSale at price 29.88 - 30.00 per share.1988-09-16Officer2.5k
BARFORD RALPH MPurchase at price 30.63 per share.1988-05-10Director5k
MCKELVEY EDWARD NEILPurchase at price 30.63 per share.1988-03-28Director600
MONTY JEAN CLAUDESale at price 31.50 per share.1988-03-11Officer100
MONTY JEAN CLAUDESale at price 30.88 per share.1988-03-02Officer150
HOULE GUYSale at price 28.75 per share.1988-01-11Officer52
WILSON LYNTON RONALDPurchase at price 28.38 per share.1987-12-29Director500
ROLLAND LUCIEN GSale at price 30.63 per share.1987-08-05Director200
SPALDING JAMES STUARTSale at price 32.38 per share.1987-07-08Officer500
ROLLAND LUCIEN GPurchase at price 26.88 per share.1986-11-17Director100
ROLLAND LUCIEN GSale at price 27.88 per share.1986-07-10Director200

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BCE Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BCE Inc

Here is the result of two systematic investment strategies applied to BCE Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BCE Inc

The following chart shows the equity curve of the two systematic investment strategies applied to BCE Inc:

BCE Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 14.88% on the backtest period.

Performance at glance

Performance

14.88 %

Latent gain

324.52 $

Invested capital

2180.85 $

Annualized return

3.59 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on BCE Inc

This is the result of two momentum investment strategies applied to BCE Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BCE Inc

The following chart shows all the entries opened by the momentum investment system on BCE Inc:

BCE Inc momentum entries
  • The first momentum investment strategy would give 18.32% of return on BCE Inc. That represents 1322.09$ of latent gain with 7216.62$ of employed capital.
  • The second momentum investment strategy would give 18.77% of return on BCE Inc. That represents 961.67$ of latent gain with 5122.8$ of employed capital.
Performance at glance (1Q Momentum)

Performance

18.32 %

Latent gain

1322.09 $

Invested capital

7216.62 $

Annualized return

4.79 %
Performance at glance (2Q Momentum)

Performance

18.77 %

Latent gain

961.67 $

Invested capital

5122.8 $

Annualized return

5.13 %

Momentum equity curve on BCE Inc

The following chart shows the equity curve of the two momentum strategies applied to BCE Inc:

BCE Inc momentum equity

Note: the dividends potentially given by BCE Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BCE Inc

The following chart shows the employed capital evolution of the two momentum strategies on BCE Inc since the beginning:

BCE Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on BCE Inc

Buy the dip entry openings on BCE Inc

BCE Inc

The performance achieved by the robo-advisor on BCE Inc is 10.26%. That represents 199.81$ of latent gain with 1947.65$ of employed capital. The following chart shows BCE Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BCE Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

10.26 %

Latent gain

199.81 $

Invested capital

1947.65 $

Annualized return

4.79 %

Equity curve of the strategy applied to BCE Inc

The following chart shows the result of the investment strategy applied to BCE Inc:

BCE Inc

Note: the dividends potentially given by BCE Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BCE Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on BCE Inc:

BCE Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BCE Inc

In this section, I will compare the three previous investment strategies applied to BCE Inc.

Equity curve comparison on BCE Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BCE Inc investment strategy comparison

Employed capital comparison on BCE Inc

BCE Inc investment comparison

Performance comparison on BCE Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 14.88% 324.52$ 2180.85$ 3.59%
Momentum 1 quarter 18.32% 1322.09$ 7216.62$ 4.7%
Momentum 2 quarters 18.77% 961.67$ 5122.8$ 5.13%
Non-directional 10.26% 199.81$ 1947.65$ 4.79%
Annualized return comparison

Automatic investment

3.59 %

Momentum 1Q

5.13 %

Momentum 2Q

5.13 %

Non-directional

4.79 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BCE Inc:

Note: The algorithm computes the probability of correlation between BCE Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of BCE Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BCE Inc
Country Canada
City Verdun
Address 1 Carrefour Alexander-Graham-Bell
Phone
Website www.bce.ca
FullTime employees
Industry Telecom Services
Sector Communication Services
Exchange XNYS
Ticker BCE
Market www.nyse.com

BCE Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 3.4
Peer Environment Performance 4.3466101694915
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 10.1
Peer Social Performance 10.711694915254
Social Percentile unknown
Highest Controversy 2
Peer Highest Controversy Performance 1.875
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Customer Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 4.9
Peer Governance Performance 6.8662711864407
Governance Percentile unknown

ESG at glance
Total ESG Scores: 18.5
Environment Score: 3.4
Social Score: 10.1
Governance Score: 4.9

ESG Performance: UNDER_PERF

Peer Group: Telecommunication Services

Peer Esg Score Performance: 22.6334375

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 20