BCEMEX:BCEN 43 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates MEX:BCEN with a GF Score™ of 43/100 and a GF Value™ of MXN439.41 (Fairly Valued). The stock has 7 warning signs investors should review. Among 331 Telecommunication Services companies, BCE ranks better than 99.7% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. BCE's annualized net income for the quarter that ended in Mar. 2026 was MXN34,330 Mil. BCE's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN-97,980 Mil. Therefore, BCE's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for BCE's Return-on-Tangible-Equity or its related term are showing as below:
MEX:BCEN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
MEX:BCEN's Return-on-Tangible-Equity is ranked better than 99.7% of 331
companies
in the Telecommunication Services industry
Industry Median: 13.99
vs MEX:BCEN: Negative Tangible Equity
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
BCE Return-on-Tangible-Equity Related Terms
BCE Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for BCE's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:BCEN vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, BCE's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BCE Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, BCE's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BCE's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
BCE (MEX:BCEN) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BCE and its competitors. According to the industry distribution chart, BCE ranks #1 out of 331 companies in the Telecommunication Services industry, placing it in the top 0.3%.
Is BCE's Return-on-Tangible-Equity too high?
BCE's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, BCE ranks #1 out of 331 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, BCE has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BCE's Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, BCE ranks #1 out of 331 companies for Return-on-Tangible-Equity. This places BCE in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.99. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 13.99, based on 331 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BCE and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BCE's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BCE stock overvalued right now?
Based on GuruFocus' analysis, BCE (MEX:BCEN) is currently considered Fairly Valued. The stock's GF Value™ is MXN439.41, compared to a current price of MXN417.00 — trading 5.1% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. BCE's overall GF Score™ is 43/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For BCE (MEX:BCEN), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BCE (MEX:BCEN) Overvalued in 2026?
Based on GuruFocus' analysis, BCE stock appears to be undervalued.
The current stock price of MXN417.00 is trading 5.1% below its estimated GF Value™ of MXN439.41.
GuruFocus considers BCE to be Fairly Valued.
No single metric tells the full story. See the MEX:BCEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the Big Three national wireless carriers, with over 10 million customers constituting about 30% of the market. It is also the incumbent local exchange carrier—the legacy telephone provider—throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. BCE has a media segment that holds television, radio, and digital media assets. BCE licenses the Canadian rights to HBO Max and Starz.
43GF Score
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