BCE Free Cash Flow Yield vs Price To Sales Ratio Analysis

BCE Stock

CAD 37.98 0.06 0.16%

BCE financial indicator trend analysis is way more than just evaluating BCE Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BCE Inc is a good investment. Please check the relationship between BCE Free Cash Flow Yield and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BCE Inc Free Cash Flow Yield account and Price To Sales Ratio. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between BCE's Free Cash Flow Yield and Price To Sales Ratio is -0.41. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of BCE Inc, assuming nothing else is changed. The correlation between historical values of BCE's Free Cash Flow Yield and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of BCE Inc are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Free Cash Flow Yield i.e., BCE's Free Cash Flow Yield and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

-0.41

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing BCE Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on BCE sales, a figure that is much harder to manipulate than other BCE Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Most indicators from BCE's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BCE Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At this time, BCE's Discontinued Operations is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.19, while Selling General Administrative is likely to drop about 2.6 B.

	2021	2022	2023	2024 (projected)
Gross Profit	9.9B	16.5B	7.4B	9.8B
Total Revenue	23.4B	24.2B	24.7B	22.5B

Gross Profit Total Revenue

BCE fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Assets	Accounts Payable	Current Deferred Revenue
Total Assets		0.83	0.26	0.86	0.96	0.99	0.84	-0.41	0.07	1.0	0.57	0.18	0.92	0.9	0.98	-0.46	0.72	-0.74	0.99	0.63	0.86	0.59	0.89	0.73	0.02	0.7
Short Long Term Debt Total	0.83		0.14	0.72	0.76	0.86	1.0	-0.38	0.3	0.81	0.67	0.59	0.63	0.75	0.8	-0.26	0.65	-0.67	0.82	0.85	0.69	0.48	0.96	0.91	0.11	0.66
Other Current Liab	0.26	0.14		0.31	0.28	0.24	0.13	0.08	0.35	0.26	0.19	0.13	0.47	0.23	0.23	0.08	0.07	-0.04	0.26	0.11	0.25	-0.08	0.18	0.12	0.21	0.26
Total Current Liabilities	0.86	0.72	0.31		0.83	0.81	0.72	-0.63	0.42	0.86	0.26	0.34	0.74	0.89	0.76	-0.58	0.67	-0.8	0.85	0.44	0.68	0.84	0.83	0.48	-0.15	0.84
Total Stockholder Equity	0.96	0.76	0.28	0.83		0.95	0.77	-0.42	0.0	0.97	0.45	0.04	0.91	0.94	0.89	-0.51	0.67	-0.78	0.92	0.5	0.73	0.57	0.87	0.64	-0.1	0.69
Property Plant And Equipment Net	0.99	0.86	0.24	0.81	0.95		0.87	-0.36	0.04	0.99	0.61	0.21	0.91	0.88	0.97	-0.41	0.68	-0.71	0.98	0.65	0.84	0.55	0.89	0.77	0.07	0.65
Net Debt	0.84	1.0	0.13	0.72	0.77	0.87		-0.37	0.27	0.82	0.68	0.57	0.64	0.76	0.81	-0.26	0.65	-0.67	0.82	0.85	0.69	0.47	0.96	0.92	0.11	0.65
Retained Earnings	-0.41	-0.38	0.08	-0.63	-0.42	-0.36	-0.37		-0.39	-0.43	0.35	-0.26	-0.19	-0.7	-0.28	0.92	-0.32	0.88	-0.37	-0.01	-0.06	-0.57	-0.55	-0.07	0.8	-0.66
Cash	0.07	0.3	0.35	0.42	0.0	0.04	0.27	-0.39		0.06	-0.09	0.81	-0.06	0.17	0.0	-0.16	0.17	-0.24	0.09	0.15	0.09	0.39	0.29	0.11	-0.09	0.45
Non Current Assets Total	1.0	0.81	0.26	0.86	0.97	0.99	0.82	-0.43	0.06		0.54	0.15	0.92	0.92	0.97	-0.49	0.71	-0.76	0.99	0.6	0.84	0.6	0.88	0.71	-0.01	0.71
Non Currrent Assets Other	0.57	0.67	0.19	0.26	0.45	0.61	0.68	0.35	-0.09	0.54		0.28	0.54	0.24	0.67	0.39	0.35	-0.02	0.6	0.89	0.7	0.03	0.52	0.88	0.72	0.18
Cash And Short Term Investments	0.18	0.59	0.13	0.34	0.04	0.21	0.57	-0.26	0.81	0.15	0.28		-0.02	0.17	0.17	0.01	0.23	-0.2	0.22	0.54	0.27	0.28	0.46	0.49	0.12	0.33
Net Receivables	0.92	0.63	0.47	0.74	0.91	0.91	0.64	-0.19	-0.06	0.92	0.54	-0.02		0.79	0.91	-0.31	0.53	-0.54	0.91	0.47	0.82	0.44	0.7	0.59	0.15	0.51
Common Stock Shares Outstanding	0.9	0.75	0.23	0.89	0.94	0.88	0.76	-0.7	0.17	0.92	0.24	0.17	0.79		0.8	-0.72	0.65	-0.93	0.86	0.41	0.6	0.64	0.89	0.54	-0.36	0.78
Non Current Liabilities Total	0.98	0.8	0.23	0.76	0.89	0.97	0.81	-0.28	0.0	0.97	0.67	0.17	0.91	0.8		-0.35	0.69	-0.62	0.99	0.68	0.91	0.49	0.81	0.77	0.16	0.6
Inventory	-0.46	-0.26	0.08	-0.58	-0.51	-0.41	-0.26	0.92	-0.16	-0.49	0.39	0.01	-0.31	-0.72	-0.35		-0.42	0.86	-0.42	0.11	-0.13	-0.5	-0.47	0.01	0.84	-0.58
Other Current Assets	0.72	0.65	0.07	0.67	0.67	0.68	0.65	-0.32	0.17	0.71	0.35	0.23	0.53	0.65	0.69	-0.42		-0.57	0.71	0.49	0.69	0.49	0.69	0.52	-0.03	0.65
Other Stockholder Equity	-0.74	-0.67	-0.04	-0.8	-0.78	-0.71	-0.67	0.88	-0.24	-0.76	-0.02	-0.2	-0.54	-0.93	-0.62	0.86	-0.57		-0.69	-0.31	-0.37	-0.61	-0.83	-0.41	0.59	-0.78
Total Liab	0.99	0.82	0.26	0.85	0.92	0.98	0.82	-0.37	0.09	0.99	0.6	0.22	0.91	0.86	0.99	-0.42	0.71	-0.69		0.65	0.9	0.59	0.85	0.74	0.09	0.68
Property Plant And Equipment Gross	0.63	0.85	0.11	0.44	0.5	0.65	0.85	-0.01	0.15	0.6	0.89	0.54	0.47	0.41	0.68	0.11	0.49	-0.31	0.65		0.64	0.19	0.73	0.97	0.43	0.43
Total Current Assets	0.86	0.69	0.25	0.68	0.73	0.84	0.69	-0.06	0.09	0.84	0.7	0.27	0.82	0.6	0.91	-0.13	0.69	-0.37	0.9	0.64		0.47	0.64	0.69	0.37	0.42
Short Term Debt	0.59	0.48	-0.08	0.84	0.57	0.55	0.47	-0.57	0.39	0.6	0.03	0.28	0.44	0.64	0.49	-0.5	0.49	-0.61	0.59	0.19	0.47		0.58	0.22	-0.17	0.67
Intangible Assets	0.89	0.96	0.18	0.83	0.87	0.89	0.96	-0.55	0.29	0.88	0.52	0.46	0.7	0.89	0.81	-0.47	0.69	-0.83	0.85	0.73	0.64	0.58		0.81	-0.1	0.78
Other Assets	0.73	0.91	0.12	0.48	0.64	0.77	0.92	-0.07	0.11	0.71	0.88	0.49	0.59	0.54	0.77	0.01	0.52	-0.41	0.74	0.97	0.69	0.22	0.81		0.36	0.45
Accounts Payable	0.02	0.11	0.21	-0.15	-0.1	0.07	0.11	0.8	-0.09	-0.01	0.72	0.12	0.15	-0.36	0.16	0.84	-0.03	0.59	0.09	0.43	0.37	-0.17	-0.1	0.36		-0.25
Current Deferred Revenue	0.7	0.66	0.26	0.84	0.69	0.65	0.65	-0.66	0.45	0.71	0.18	0.33	0.51	0.78	0.6	-0.58	0.65	-0.78	0.68	0.43	0.42	0.67	0.78	0.45	-0.25

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BCE Account Relationship Matchups

BCE fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	60.3B	60.7B	66.7B	69.3B	71.9B	48.1B
Short Long Term Debt Total	26.3B	26.3B	29.7B	31.9B	36.2B	38.0B
Other Current Liab	2.3B	2.3B	2.6B	2.8B	2.7B	1.8B
Total Current Liabilities	9.8B	8.3B	9.1B	11.5B	12.1B	8.4B
Total Stockholder Equity	21.2B	21.0B	22.6B	22.2B	20.2B	16.2B
Property Plant And Equipment Net	27.6B	27.5B	28.2B	29.3B	30.4B	23.5B
Net Debt	26.2B	26.1B	29.5B	31.8B	35.4B	37.2B
Retained Earnings	(4.5B)	(4.7B)	(3.4B)	(3.6B)	(5.5B)	(5.2B)
Cash	145M	224M	207M	149M	772M	717.7M
Non Current Assets Total	54.8B	55.0B	60.5B	62.8B	64.0B	41.9B
Non Currrent Assets Other	2.3B	2.9B	5.4B	5.8B	5.1B	4.2B
Cash And Short Term Investments	145M	224M	207M	149M	1.8B	1.9B
Net Receivables	4.1B	4.2B	4.4B	4.6B	4.5B	2.8B
Common Stock Shares Outstanding	901.4M	904.4M	906.7M	912M	912.2M	826.2M
Liabilities And Stockholders Equity	60.3B	60.7B	66.7B	69.3B	71.9B	48.1B
Non Current Liabilities Total	29.0B	31.1B	34.7B	35.3B	39.3B	21.6B
Other Current Assets	799M	810M	1.1B	1.1B	1.2B	824.0M
Other Stockholder Equity	1.2B	1.2B	1.2B	1.2B	1.3B	1.2B
Total Liab	38.8B	39.3B	43.8B	46.8B	51.4B	29.9B
Property Plant And Equipment Gross	27.6B	27.5B	82.1B	83.6B	86.8B	91.2B
Total Current Assets	5.5B	5.7B	6.2B	6.5B	7.9B	4.5B
Accumulated Other Comprehensive Income	161M	103M	213M	(55M)	(42M)	(44.1M)
Short Term Debt	3.9B	2.4B	2.6B	4.1B	5.0B	2.8B
Intangible Assets	13.4B	13.1B	15.6B	16.2B	16.6B	17.4B
Other Assets	2.1B	2.9B	5.3B	4.6B	5.2B	5.5B
Accounts Payable	2.6B	2.6B	2.9B	3.6B	3.3B	2.8B
Current Deferred Revenue	683M	717M	799M	857M	811M	768.3M
Good Will	10.7B	10.6B	10.6B	10.9B	10.9B	9.3B
Common Stock Total Equity	20.1B	20.0B	20.4B	20.4B	23.4B	18.4B
Common Stock	20.4B	20.4B	20.7B	20.8B	20.9B	19.3B
Other Liab	6.5B	7.2B	7.7B	7.6B	8.7B	6.9B
Net Tangible Assets	(6.9B)	(6.7B)	(7.5B)	(8.8B)	(7.9B)	(8.3B)
Long Term Debt	18.6B	23.9B	27.0B	22.5B	31.1B	21.7B
Short Long Term Debt	3.9B	2.4B	2.6B	4.1B	3.8B	3.9B
Property Plant Equipment	27.6B	27.5B	28.2B	29.3B	33.6B	27.2B
Deferred Long Term Liab	368M	362M	387M	603M	542.7M	571.7M
Long Term Debt Total	22.4B	23.9B	27.0B	27.8B	32.0B	23.5B
Capital Surpluse	1.2B	1.2B	1.2B	1.2B	1.3B	1.3B

Pair Trading with BCE

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BCE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BCE will appreciate offsetting losses from the drop in the long position's value.

Moving against BCE Stock

0.92	BOFA	Bank of America	Pair Corr
0.9	JPM	JPMorgan Chase	Pair Corr
0.86	RY-PS	Royal Bank Earnings Call This Week	Pair Corr
0.83	TD-PFI	Toronto Dominion Bank Earnings Call This Week	Pair Corr
0.82	RY-PM	Royal Bank Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to BCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BCE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BCE Inc to buy it.

The correlation of BCE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCE Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for BCE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether BCE Inc is a strong investment it is important to analyze BCE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:

How To Invest In BCE

Details

Is BCE Stock a good investment?

Details

What is BCE's Net Worth?

Details

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Please note, there is a significant difference between BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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BCE Free Cash Flow Yield vs Price To Sales Ratio Analysis

Free Cash Flow Yield vs Price To Sales Ratio

Free Cash Flow Yield vs Price To Sales Ratio Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Price To Sales Ratio

BCE fundamental ratios Correlations

BCE Account Relationship Matchups

High Positive Relationship

High Negative Relationship

BCE fundamental ratios Accounts

Pair Trading with BCE

Moving against BCE Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Total Liab	+ 0.99	Non Current Assets Total

Other Stockholder Equity	- 0.93	Common Stock Shares Outstanding
Intangible Assets	- 0.83	Other Stockholder Equity
Other Stockholder Equity	- 0.8	Total Current Liabilities
Current Deferred Revenue	- 0.78	Other Stockholder Equity
Other Stockholder Equity	- 0.78	Total Stockholder Equity
Other Stockholder Equity	- 0.76	Non Current Assets Total