BCE Inc. provides wireless, wireline, Internet, and television services to residential, business, and wholesale customers in Canada. The company was founded in 1970 and is based in Verdun, Canada.
BCE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for BCE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Bce Inc ranked in the 57th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 57.5% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of Bce Inc, consider:
Bce Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 7.43% of tickers in our DCF set.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than only 18.43% of stocks in its sector (Communication Services).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
NUVR, SJR, CCOI, PTNR, and TIMB can be thought of as valuation peers to BCE, in the sense that they are in the Communication Services sector and have a similar price forecast based on DCF valuation.
Barclays' initiation on Canadian telecoms suggests the Northern companies have more tailwinds than peers in the U.S. - including a more stable regime that might help with regulatory overhang in the medium term. It's choosing Telus (TU +1.1%) for an Overweight rating, while going Equal Weight on each of [[BCE]],...
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REDWOOD CITY, Calif., Oct. 1, 2020 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company, today announced the completion of its acquisition of 13 data centers1 in Canada and their operations from BCE Inc. ("Bell"). The US$780 million2 (CA$1,041 million)…
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