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:
We started the process of determining a valid price forecast for Bce Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Bce Inc ranked in the 60th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 76.5%. In terms of the factors that were most noteworthy in this DCF analysis for BCE, they are:
Bce Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 8.8% 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 just 19.22% of stocks in its sector (Communication Services).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
PTNR, CHT, VZ, TSU, and GTT 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.
Building on earlier funds to address clear needs in Canadian communities, the new program is focused on supporting initiatives that increase access to culturally informed mental health services for racialized Canadians."Bell has taken a strong stance against racism and social injustice and we're taking meaningful action to address the impacts of systemic racism on Black, Indigenous and People of Colour within our company and across our communities," said Mirko Bibic, President and CEO of BCE Inc.
BCE Inc. (TSX:BCE)(NYSE:BCE) and Telus Corporation (TSX:T)(NYSE:TU) are two strong dividend stocks on sale, but which is a better bet? The post BCE (TSX:BCE) or Telus (TSX:T): Which Has the Better Dividend Right Now? appeared first on The Motley Fool Canada .
You should know these three COVID-19 earnings quotes from BCE Inc (TSX:BCE)(NYSE:BCE) and other 5G wireless carriers before August. The post COVID-19: 5G Earnings Review appeared first on The Motley Fool Canada .
"Leading the way in delivering broadband Internet access to rural Canada is a core part of Bell's goal to advance how Canadians connect with each other and the world, and we've made remarkable progress in narrowing the digital divide with Bell Wireless Home Internet. We're pleased to take this unique technology further by doubling Internet download speeds available to rural communities while also beginning our rollout of WHI service throughout Atlantic Canada," said Mirko Bibic, President and CEO of BCE Inc.