BCE vs GTN vs VIV Stock Comparison

Bce, Gray Media and Telefonica Brasil Prices as of Oct 27, 2026 Peers: Industry group
BCE Bce Inc
$20.09 -4.2% 1M -14.4% 1Y
Market cap
$18.66B
P/E
3.7x
Revenue (TTM)
$21.97B
Div. yield
0.10%
Wireless Carriers Communication Services
6 wins
GTN Gray Media, Inc
$4.30 -6.5% 1M -6.5% 1Y
Market cap
$418.95M
P/E
–
Revenue (TTM)
$3.15B
Div. yield
0.08%
Television Broadcasting Communication Services
2 wins
VIV Telefonica Brasil S.A.
$11.60 0.0% 1M -9.9% 1Y
Market cap
$18.47B
P/E
14.8x
Revenue (TTM)
$11.69B
Div. yield
–
Wireless Carriers Communication Services
4 wins

Head to Head

12 decided of 12

Bce leads on 6 of the 12 questions below (Bce 6, Telefonica Brasil 4, Gray Media 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBCEGTNVIVLeader
Larger companyMarket capitalisation $18.66B $418.95M $18.47B BCE
Cheaper on earningsLower P/E, profitable companies only 3.7x -7.2x 14.8x BCE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.2x 1.8x 12.5x GTN
Faster revenue growthRevenue growth, trailing twelve months +2.2% -11.3% +15.9% VIV
More profitableNet margin, trailing twelve months 22.7% -1.8% 10.7% BCE
Better return on capitalReturn on invested capital 13.4% 2.3% — BCE
Less leveragedLower net debt / EBITDA 2.8x 7.2x -0.3x VIV
Higher dividend yieldTrailing dividend yield 0.10% 0.08% 0.00% BCE
Better 1-year returnPrice return, last 12 months -14.4% -6.5% -9.9% GTN
Better 5-year returnAnnualised price return, 5 years -17.2%/yr -28.9%/yr +7.8%/yr VIV
Less volatileAnnualised volatility, 1 year 22.0% 62.1% 35.0% BCE
Higher overall scoreMean of the five percentile scores vs peers 68/100 51/100 88/100 VIV

Percentile Scorecard

BCEGTNVIV

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBCEGTNVIV
Valuation 69 #16 of 49 87 #8 of 53 88 #7 of 49
Growth 61 #18 of 45 9 #40 of 44 82 #9 of 45
Profitability 91 #5 of 45 49 #22 of 42 84 #8 of 45
Financial Health 40 #30 of 49 32 #42 of 61 96 #3 of 49
Shareholder Returns 78 #9 of 37 80 #6 of 26 89 #5 of 37
Overall 68 51 88
  • BCE ranked among 51 companies in Telecommunications
  • GTN ranked among 61 companies in Advertising and Media
  • VIV ranked among 51 companies in Telecommunications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBCEGTNVIVSPY
1 month -4.2%-6.5%0.0% -0.2%
3 months -7.9%+2.4%-11.9% +3.9%
6 months -14.5%-25.3%-26.0% +8.2%
Year to date -15.7%-11.2%-2.2% +12.9%
1 year -14.4%-6.5%-9.9% +12.3%
3 years -45.2%-29.2%+30.5% +87.4%
3 years, per year -18.2%-10.9%+9.3% +23.3%
5 years -61.0%-81.8%+45.7% +67.9%
5 years, per year -17.2%-28.9%+7.8% +10.9%
10 years -55.5%-51.1%-18.7% +261.1%
10 years, per year -7.8%-6.9%-2.0% +13.7%

Risk

MeasureBCEGTNVIVSPY
Volatility, 1Y 22.0%62.1%35.0% 12.7%
Downside volatility, 1Y 23.1%62.3%39.6% 12.7%
Beta vs S&P 500, 1Y -0.230.970.48 1.00
Return / volatility, 1Y -0.66-0.10-0.28 0.97
Max drawdown, 5Y -68.2%-88.2%-44.5% -25.4%
From 52-week high -24.0%-30.6%-32.3% -1.2%
52-week high $26.45$6.20$17.14 $779.14
52-week low $18.79$3.58$11.23 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBCEGTNVIV
P/E now vs peer median 3.7xmedian 11.8x -7.3xmedian 18.4x 15.0xmedian 11.8x
P/S now vs peer median 0.9xmedian 1.1x 0.2xmedian 0.6x 1.6xmedian 1.1x
EV/EBITDA now vs peer median 4.6xmedian 6.8x 7.8xmedian 10.5x 3.4xmedian 6.8x
P/FCF now vs peer median -8.7xmedian 5.9x 3.4xmedian 9.0x 4.8xmedian 5.9x
P/B now vs peer median 1.1xmedian 1.2x 0.2xmedian 1.5x —median 1.2x
PEG now vs peer median 0.08median 0.24 0.23median 0.44 -31.46median 0.24

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBCEGTNVIV
Revenue $21.97B $3.15B $11.69B
Gross profit $18.64B $820.00M $5.26B
Operating income $6.29B $435.00M $1.99B
Net income $4.68B -$26.00M $1.29B
Free cash flow -$2.14B $146.00M $3.83B
EPS (diluted) $5.37 $-0.58 $0.77
Cash & equivalents $335.70M $176.00M $1.64B
Total debt $119.67B $5.81B $29.48M
Shares (diluted) 929.10M 100.00M 1.61B
Enterprise value $16.78B -$566.05M $12.49B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBCEGTNVIV
P/E 3.7x -7.3x 15.0x
P/FCF -8.7x 3.4x 4.8x
P/Operating cash flow 3.0x 2.0x 4.8x
P/S 0.9x 0.2x 1.6x
P/B 1.1x 0.2x –
P/Tangible book 4.3x -0.1x –
EV/EBITDA 4.6x 7.8x 3.4x
EV/EBIT 7.6x 14.1x 8.5x
EV/Revenue 2.2x 1.9x 1.4x
EV/FCF -22.3x 42.0x 4.4x
EV/Operating cash flow 7.6x 24.5x 4.4x
PEG (3Y EPS CAGR) 0.08 0.23 -31.46

Growth

14 metrics
MetricBCEGTNVIV
Revenue growth (1Y) 2.2% -11.3% 15.9%
Revenue CAGR (3Y) 6.2% -4.3% 6.2%
Gross profit growth (1Y) -0.8% -28.8% 18.6%
Gross profit CAGR (3Y) 9.6% -13.5% 7.7%
Operating income growth (1Y) -7.0% -41.9% 27.2%
Operating income CAGR (3Y) 53.8% -18.2% 12.4%
Net income growth (1Y) 1,063% -113.0% 35.5%
Net income CAGR (3Y) 36.8% -28.0% 10.9%
EPS growth (1Y) 1,649% -138.0% -15.5%
EPS CAGR (3Y) 44.4% -31.1% -0.5%
Operating cash flow growth (1Y) -7.0% -69.8% 8.3%
Operating cash flow CAGR (3Y) -6.4% -36.1% -0.5%
Free cash flow growth (1Y) -144.0% -79.4% 384.6%
Free cash flow CAGR (3Y) -32.6% -32.2% -0.5%

Profitability

14 metrics
MetricBCEGTNVIV
Gross margin 84.8% 26.0% 45.0%
EBITDA margin 46.8% 24.9% 42.0%
Operating margin 28.6% 13.8% 17.1%
Pretax margin 52.5% -2.0% 12.6%
Net margin 22.7% -1.8% 10.7%
FCF margin -9.8% 4.6% 32.7%
Operating cash flow margin 28.6% 7.9% 32.7%
Return on equity 31.0% -1.2% –
Return on assets 9.0% -0.3% 5.2%
Return on invested capital 13.4% 2.3% –
Return on capital employed 12.5% 4.4% –
Asset turnover 0.4x 0.3x 0.5x
Cash conversion (OCF / net income) 1.3x -9.6x 3.0x
Stock comp / revenue – 0.7% –

Financial Health

11 metrics
MetricBCEGTNVIV
Debt / assets 51.5% 55.6% 0.1%
Debt / equity 1.8x 2.7x –
Net debt / EBITDA 2.8x 7.2x -0.3x
Debt / FCF -13.7x 39.8x 0.0x
Liabilities / assets 70.6% 79.6% –
Equity / assets 29.4% 20.4% –
Interest coverage 6.7x 0.9x 2.5x
Current ratio 0.7x 1.0x –
Quick ratio 0.5x 0.7x –
Cash ratio 0.0x 0.3x –
Altman Z-score 0.95 0.63 –

Shareholder Returns

7 metrics
MetricBCEGTNVIV
Dividend yield 8.1% 7.4% 8.0%
Net buyback yield -0.5% – –
Shareholder yield 7.6% 7.4% 8.0%
Payout ratio (earnings) 41.1% -130.8% –
Payout ratio (FCF) -89.7% 23.3% –
Dividend growth (1Y) 146.7% 6.3% –
Dividend CAGR (3Y) 34.6% 6.7% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBCEGTNVIV
Forward P/E 11.2xFY2026 1.8xFY2026 12.5xFY2026
EPS, next fiscal year $1.80FY2026 $2.43FY2026 $0.93FY2026
EPS growth, next FY -11.8%FY2026 – +25.7%FY2026
EPS growth, the year after -2.2% -130.0% +38.7%
Revenue, next fiscal year $18.56BFY2026 $3.39BFY2026 $13.21BFY2026
Revenue growth, next FY +4.2%FY2026 +9.5%FY2026 +14.1%FY2026
Revenue growth, the year after +0.8% +0.3% -3.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBCEGTNVIV
Held by institutions 48.1% 80.6% 3.9%
Institutions holding 394 176 224
Change in shares held, QoQ +5.3% -2.7% -4.8%
Institutions buying 184 72 123
Institutions selling 130 70 74
Buyers to sellers 1.42 1.03 1.66

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BCEGTNVIV
BCE 1.00 0.10 0.07
GTN 0.10 1.00 0.12
VIV 0.07 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BCE, GTN and VIV?

Bce (BCE) is the largest by market capitalisation: Bce (BCE) $18.66B, Gray Media (GTN) $418.95M, Telefonica Brasil (VIV) $18.47B.

Which stock is cheaper, BCE, GTN and VIV?

Bce (BCE) trades on the lowest price-to-earnings ratio (Bce (BCE) 3.7x, Gray Media (GTN) -7.2x, Telefonica Brasil (VIV) 14.8x). On next year's consensus earnings, Gray Media (GTN) is cheapest (Bce (BCE) 11.2x, Gray Media (GTN) 1.8x, Telefonica Brasil (VIV) 12.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Telefonica Brasil (VIV) grew revenue fastest over the trailing twelve months: Bce (BCE) +2.2%, Gray Media (GTN) -11.3%, Telefonica Brasil (VIV) +15.9%.

Which company is more profitable?

Bce (BCE) has the highest net margin (Bce (BCE) 22.7%, Gray Media (GTN) -1.8%, Telefonica Brasil (VIV) 10.7%). On return on invested capital, Bce (BCE) leads (Bce (BCE) 13.4%, Gray Media (GTN) 2.3%).

Which stock has performed better?

Over the past year Gray Media (GTN) returned the most: Bce (BCE) -14.4%, Gray Media (GTN) -6.5%, Telefonica Brasil (VIV) -9.9%. Over five years, Telefonica Brasil (VIV) compounded fastest (Bce (BCE) -17.2%/yr, Gray Media (GTN) -28.9%/yr, Telefonica Brasil (VIV) +7.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Bce (BCE) has the highest dividend yield: Bce (BCE) 0.10%, Gray Media (GTN) 0.08%, Telefonica Brasil (VIV) 0.00%. Telefonica Brasil (VIV) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Bce (BCE) has been the steadiest (Bce (BCE) 22.0%, Gray Media (GTN) 62.1%, Telefonica Brasil (VIV) 35.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BCE, GTN and VIV?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bce (BCE) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.