TU vs BCE vs T Stock Comparison

Telus, Bce and At&T Prices as of Oct 26, 2026 Peers: Industry group
TU Telus Corp
$8.70 +2.6% 1M -42.2% 1Y
Market cap
$13.13B
P/E
–
Revenue (TTM)
$17.13B
Div. yield
0.09%
Wireless Carriers Communication Services
BCE Bce Inc
$20.26 -3.4% 1M -14.9% 1Y
Market cap
$18.68B
P/E
3.7x
Revenue (TTM)
$21.97B
Div. yield
0.10%
Wireless Carriers Communication Services
8 wins
T At&T Inc.
$20.84 -18.0% 1M -17.1% 1Y
Market cap
$143.36B
P/E
11.0x
Revenue (TTM)
$128.85B
Div. yield
0.06%
Wireless Carriers Communication Services
4 wins

Head to Head

12 decided of 12

Bce leads on 8 of the 12 questions below (Bce 8, At&T 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTUBCETLeader
Larger companyMarket capitalisation $13.13B $18.68B $143.36B T
Cheaper on earningsLower P/E, profitable companies only -5.2x 3.7x 11.0x BCE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.1x 11.3x 8.2x T
Faster revenue growthRevenue growth, trailing twelve months +0.6% +2.2% +3.5% T
More profitableNet margin, trailing twelve months -14.8% 22.7% 10.1% BCE
Better return on capitalReturn on invested capital 3.8% 13.4% 6.9% BCE
Less leveragedLower net debt / EBITDA 4.3x 2.8x 3.4x BCE
Higher dividend yieldTrailing dividend yield 0.09% 0.10% 0.06% BCE
Better 1-year returnPrice return, last 12 months -42.2% -14.9% -17.1% BCE
Better 5-year returnAnnualised price return, 5 years -17.5%/yr -16.9%/yr +1.9%/yr T
Less volatileAnnualised volatility, 1 year 26.3% 22.0% 29.7% BCE
Higher overall scoreMean of the five percentile scores vs peers 49/100 67/100 58/100 BCE

Percentile Scorecard

TUBCET

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

AxisTUBCET
Valuation 71 #15 of 49 69 #16 of 49 73 #14 of 49
Growth 14 #39 of 45 61 #18 of 45 43 #26 of 45
Profitability 43 #26 of 45 91 #5 of 45 73 #13 of 45
Financial Health 27 #36 of 49 40 #30 of 49 42 #29 of 49
Shareholder Returns 92 #4 of 37 75 #10 of 37 58 #16 of 37
Overall 49 67 58
  • TU ranked among 51 companies in Telecommunications
  • BCE ranked among 51 companies in Telecommunications
  • T ranked among 51 companies in Telecommunications

Price Performance

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

Returns

PeriodTUBCETSPY
1 month +2.6%-3.4%-18.0% -0.8%
3 months -16.3%-4.7%-14.6% +3.5%
6 months -28.3%-14.0%-18.3% +7.0%
Year to date -33.9%-14.9%-16.1% +12.2%
1 year -42.2%-14.9%-17.1% +13.0%
3 years -45.1%-44.7%+40.6% +86.3%
3 years, per year -18.2%-17.9%+12.0% +23.1%
5 years -61.8%-60.3%+10.1% +68.6%
5 years, per year -17.5%-16.9%+1.9% +11.0%
10 years -45.8%-55.2%-24.3% +258.0%
10 years, per year -5.9%-7.7%-2.7% +13.6%

Risk

MeasureTUBCETSPY
Volatility, 1Y 26.3%22.0%29.7% 12.7%
Downside volatility, 1Y 30.6%23.1%34.1% 12.7%
Beta vs S&P 500, 1Y -0.05-0.23-0.41 1.00
Return / volatility, 1Y -1.60-0.68-0.58 1.02
Max drawdown, 5Y -71.8%-68.2%-36.9% -25.4%
From 52-week high -41.9%-23.4%-28.4% -1.8%
52-week high $14.98$26.45$29.10 $779.14
52-week low $7.72$18.79$20.49 $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.

MultipleTUBCET
P/E now vs peer median -5.3xmedian 11.8x 3.8xmedian 11.8x 11.0xmedian 11.8x
P/S now vs peer median 0.8xmedian 1.1x 0.9xmedian 1.1x 1.1xmedian 1.1x
EV/EBITDA now vs peer median 7.0xmedian 6.8x 4.7xmedian 6.8x 6.6xmedian 6.8x
P/FCF now vs peer median 2.7xmedian 5.7x -8.8xmedian 5.7x 7.9xmedian 5.7x
P/B now vs peer median 1.4xmedian 1.3x 1.1xmedian 1.3x 1.1xmedian 1.3x
PEG now vs peer median 0.09median 0.24 0.08median 0.24 0.23median 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 monthsTUBCET
Revenue $17.13B $21.97B $128.85B
Gross profit – $18.64B $102.21B
Operating income $833.56M $6.29B $23.58B
Net income -$2.52B $4.68B $13.14B
Free cash flow $4.97B -$2.14B $17.82B
EPS (diluted) $-1.65 $5.37 $1.90
Cash & equivalents $976.14M $335.70M $10.77B
Total debt $54.29B $119.67B $159.63B
Shares (diluted) 1.54B 929.10M 6.84B
Enterprise value $5.73B $16.80B $84.83B

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
MetricTUBCET
P/E -5.3x 3.8x 11.0x
P/FCF 2.7x -8.8x 7.9x
P/Operating cash flow 3.1x 3.0x 3.5x
P/S 0.8x 0.9x 1.1x
P/B 1.4x 1.1x 1.1x
P/Tangible book -3.3x 4.4x -5.3x
EV/EBITDA 7.0x 4.7x 6.6x
EV/EBIT 41.6x 7.6x 12.3x
EV/Revenue 2.0x 2.2x 2.2x
EV/FCF 7.0x -22.4x 16.2x
EV/Operating cash flow 8.0x 7.6x 7.2x
PEG (3Y EPS CAGR) 0.09 0.08 0.23

Growth

14 metrics
MetricTUBCET
Revenue growth (1Y) 0.6% 2.2% 3.5%
Revenue CAGR (3Y) -2.3% 6.2% 1.9%
Gross profit growth (1Y) – -0.8% 2.0%
Gross profit CAGR (3Y) – 9.6% -0.5%
Operating income growth (1Y) -65.6% -7.0% -0.5%
Operating income CAGR (3Y) -30.6% 53.8% 116.3%
Net income growth (1Y) -4,024% 1,063% -38.2%
Net income CAGR (3Y) -62.5% 36.8% 48.2%
EPS growth (1Y) -548.7% 1,649% -38.6%
EPS CAGR (3Y) -61.5% 44.4% 47.1%
Operating cash flow growth (1Y) 4.9% -7.0% -1.5%
Operating cash flow CAGR (3Y) -1.8% -6.4% 2.6%
Free cash flow growth (1Y) 15.3% -144.0% -10.7%
Free cash flow CAGR (3Y) 2.9% -32.6% -3.5%

Profitability

14 metrics
MetricTUBCET
Gross margin – 84.8% 79.3%
EBITDA margin 28.7% 46.8% 33.9%
Operating margin 4.9% 28.6% 18.3%
Pretax margin 8.1% 52.5% 14.1%
Net margin -14.8% 22.7% 10.1%
FCF margin 29.0% -9.8% 13.8%
Operating cash flow margin 25.2% 28.6% 31.2%
Return on equity -10.0% 31.0% 11.7%
Return on assets -1.1% 9.0% 3.3%
Return on invested capital 3.8% 13.4% 6.9%
Return on capital employed 2.0% 12.5% 6.3%
Asset turnover 0.3x 0.4x 0.3x
Cash conversion (OCF / net income) -1.7x 1.3x 3.1x
Stock comp / revenue 0.8% – –

Financial Health

11 metrics
MetricTUBCET
Debt / assets 55.4% 51.5% 35.8%
Debt / equity 2.2x 1.8x 1.3x
Net debt / EBITDA 4.3x 2.8x 3.4x
Debt / FCF 4.5x -13.7x 9.0x
Liabilities / assets 75.2% 70.6% 72.5%
Equity / assets 24.8% 29.4% 27.5%
Interest coverage 0.7x 6.7x 3.2x
Current ratio 0.7x 0.7x 0.9x
Quick ratio 0.5x 0.5x 0.4x
Cash ratio 0.1x 0.0x 0.2x
Altman Z-score – 0.95 0.76

Shareholder Returns

7 metrics
MetricTUBCET
Dividend yield 16.7% 8.1% 5.4%
Net buyback yield – -0.5% 6.6%
Shareholder yield 16.7% 7.6% 12.0%
Payout ratio (earnings) -46.0% 41.1% 60.4%
Payout ratio (FCF) 23.3% -89.7% 44.5%
Dividend growth (1Y) 8.0% 146.7% -3.3%
Dividend CAGR (3Y) 11.2% 34.6% -0.8%

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.

ConsensusTUBCET
Forward P/E 17.1xFY2026 11.3xFY2026 8.2xFY2026
EPS, next fiscal year $0.51FY2026 $1.80FY2026 $2.54FY2026
EPS growth, next FY -23.9%FY2026 -11.8%FY2026 +19.8%FY2026
EPS growth, the year after +7.8% -2.2% +4.7%
Revenue, next fiscal year $15.17BFY2026 $18.56BFY2026 $126.43BFY2026
Revenue growth, next FY +1.6%FY2026 +4.2%FY2026 +0.6%FY2026
Revenue growth, the year after -9.9% +0.8% +9.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTUBCET
Held by institutions 44.5% 48.1% 66.0%
Institutions holding 291 394 2,675
Change in shares held, QoQ -4.8% +5.3% -0.3%
Institutions buying 154 184 1,266
Institutions selling 85 130 1,152
Buyers to sellers 1.81 1.42 1.10

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.

TUBCET
TU 1.00 0.48 0.30
BCE 0.48 1.00 0.51
T 0.30 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TU, BCE and T?

At&T (T) is the largest by market capitalisation: Telus (TU) $13.13B, Bce (BCE) $18.68B, At&T (T) $143.36B.

Which stock is cheaper, TU, BCE and T?

Bce (BCE) trades on the lowest price-to-earnings ratio (Telus (TU) -5.2x, Bce (BCE) 3.7x, At&T (T) 11.0x). On next year's consensus earnings, At&T (T) is cheapest (Telus (TU) 17.1x, Bce (BCE) 11.3x, At&T (T) 8.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

At&T (T) grew revenue fastest over the trailing twelve months: Telus (TU) +0.6%, Bce (BCE) +2.2%, At&T (T) +3.5%.

Which company is more profitable?

Bce (BCE) has the highest net margin (Telus (TU) -14.8%, Bce (BCE) 22.7%, At&T (T) 10.1%). On return on invested capital, Bce (BCE) leads (Telus (TU) 3.8%, Bce (BCE) 13.4%, At&T (T) 6.9%).

Which stock has performed better?

Over the past year Bce (BCE) returned the most: Telus (TU) -42.2%, Bce (BCE) -14.9%, At&T (T) -17.1%. Over five years, At&T (T) compounded fastest (Telus (TU) -17.5%/yr, Bce (BCE) -16.9%/yr, At&T (T) +1.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Bce (BCE) has the highest dividend yield: Telus (TU) 0.09%, Bce (BCE) 0.10%, At&T (T) 0.06%.

Which stock is riskier?

By one-year price volatility, Bce (BCE) has been the steadiest (Telus (TU) 26.3%, Bce (BCE) 22.0%, At&T (T) 29.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TU, BCE and T?

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 8. 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.