BCE
BCE Inc.
BCE offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
GOOGL
Alphabet Inc.
GOOGL has the edge over BCE overall, supported by stronger modeled upside and stronger valuation.
BCE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Stable | |
| Stable |
BCE's profitability is currently strong, and its revenue, cash flow and balance sheet are stable.
GOOGL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Under pressure | |
| Healthy |
GOOGL's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
BCE PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 4.5x | $21.35 | — |
| Cheap | 17x | $80.60 | +278% |
| Fair | 20x | $96.55 | +352% |
| Expensive | 23x | $109 | +411% |
Historical ranges are pointers, not guarantees.
BCE's PE is 4.5x, but its earnings don't support one, so it isn't a reliable read right now.
GOOGL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 16x | $299 | — |
| Cheap | 20x | $378 | +27% |
| Forward | 22x | $299 | — |
| Fair | 26x | $497 | +66% |
| Expensive | 31x | $586 | +96% |
Historical ranges are pointers, not guarantees.
GOOGL has the edge over BCE in the historical PE scenario, which offers more potential upside but is not a forecast.
BCE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect BCE's earnings, revenue and profitability to hold roughly steady.
GOOGL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for GOOGL, but weaker profitability.
BCE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $4.74 | +1381% |
| Q1 2026 | $4.75 | +1483% |
| Q4 2025 | $4.77 | +3569% |
| Q3 2025 | $4.67 | +7683% |
| Q2 2025 | $0.32 | -79% |
| Q1 2025 | $0.30 | -78% |
| Q4 2024 | $0.13 | -92% |
| Q3 2024 | $0.06 | -96% |
BCE earned $4.74 per share over the past year, more than ten times what it earned the year before.
GOOGL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.89 | -28% |
| Q3 2026 | $19.16 | +89% |
| Q2 2026 | $19.91 | +112% |
| Q1 2026 | $13.11 | +46% |
| Q4 2025 | $10.81 | +34% |
| Q3 2025 | $10.13 | +34% |
| Q2 2025 | $9.38 | +35% |
| Q1 2025 | $8.96 | +37% |
| Q4 2024 | $8.04 | +39% |
GOOGL's earnings per share have climbed steadily: $19.16 over the past year, up 89% from the year before, and higher year over year for 13 quarters in a row. Its recent earnings include one-off gains.
BCE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.3B | +1.5% |
| Q1 2026 | $4.3B | +4.3% |
| Q4 2025 | $4.5B | -0.6% |
| Q3 2025 | $4.3B | +1.3% |
| Q2 2025 | $4.3B | +1.3% |
| Q1 2025 | $4.2B | -1.3% |
| Q4 2024 | $4.5B | -0.8% |
| Q3 2024 | $4.2B | -1.8% |
BCE's revenue grew through 2024 and has held roughly level since: $4.3B last quarter, up 1.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 21% | -1.3 points |
| Q1 2026 | 21% | -1 points |
| Q4 2025 | 104% | +83 points |
| Q3 2025 | 24% | -0.5 points |
| Q2 2025 | 23% | -1 points |
| Q1 2025 | 22% | 0 points |
| Q4 2024 | 21% | +0.8 points |
| Q3 2024 | 25% | +25 points |
BCE's operating margin was 21% last quarter, down 1.3 points from the same quarter a year ago.
GOOGL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $127.6B | +25% |
| Q2 2026 | $119.8B | +24% |
| Q1 2026 | $109.9B | +22% |
| Q4 2025 | $113.8B | +18% |
| Q3 2025 | $102.3B | +16% |
| Q2 2025 | $96.4B | +14% |
| Q1 2025 | $90.2B | +12% |
| Q4 2024 | $96.5B | +12% |
GOOGL has the edge over BCE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | +1.3 points |
| Q2 2026 | 34% | +1.6 points |
| Q1 2026 | 36% | +2.2 points |
| Q4 2025 | 32% | -0.5 points |
| Q3 2025 | 31% | -1.8 points |
| Q2 2025 | 32% | +0.1 points |
| Q1 2025 | 34% | +2.3 points |
| Q4 2024 | 32% | +4.6 points |
GOOGL has the edge over BCE on profitability, with a higher operating margin.
BCE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $761M | -8.6% |
| Q1 2026 | $217.1M | -47% |
| Q4 2025 | $171.5M | -62% |
| Q3 2025 | $717.1M | +17% |
| Q2 2025 | $832.4M | +40% |
| Q1 2025 | $411.3M | +510% |
| Q4 2024 | $446.5M | -37% |
| Q3 2024 | $615.2M | +48% |
BCE has the edge over GOOGL on cash flow, with more consistent year-over-year improvement.
GOOGL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$9.1B | -137% |
| Q2 2026 | -$5.9B | -210% |
| Q1 2026 | $10.1B | -47% |
| Q4 2025 | $24.6B | -1.2% |
| Q3 2025 | $24.5B | +39% |
| Q2 2025 | $5.3B | -61% |
| Q1 2025 | $19B | +13% |
| Q4 2024 | $24.8B | +215% |
GOOGL usually generates cash, though not every quarter: the latest was −$9.1B, but it generated $19.7B over the past year.
BCE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.2% | +1.6M shares |
| 3 years | +2.2% | +20M shares |
| 5 years | +3% | +27.2M shares |
| Available history | +3.4% | +30.3M shares |
BCE has the edge over GOOGL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $44.3M |
| Q1 2026 | $66.3M |
| Q4 2025 | $27.4M |
| Q3 2025 | $47.1M |
| Q2 2025 | $27.4M |
| Q1 2025 | $49.3M |
| Q4 2024 | $31.8M |
| Q3 2024 | $29.5M |
BCE spent $185M buying back its own shares over the past year, up 34% from the year before.
GOOGL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +59M shares |
| 1 year | +1.4% | +165M shares |
| 3 years | -1.2% | -148M shares |
| 5 years | -6.8% | -907M shares |
| Available history | -10% | -1.4B shares |
GOOGL has 12.4B diluted shares, up 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $5.5B |
| Q3 2025 | $11.5B |
| Q2 2025 | $13.6B |
| Q1 2025 | $15.1B |
| Q4 2024 | $15.6B |
GOOGL spent $5.5B buying back its own shares over the past year, down 90% from the year before.
BCE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 2.8x | Moderate |
| Q2 2025 | 4.6x | High |
| Q1 2025 | 4.7x | High |
| Q4 2024 | 4.8x | High |
| Q3 2024 | 5.0x | High |
BCE's net debt is about 2.6 years of its operating earnings (EBITDA), down from 4.5 years a year ago.
GOOGL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.0x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
GOOGL has the edge over BCE on leverage, with a lower net debt burden relative to earnings.
BCE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.7 | Neutral |
| Stochastic | 46.3 | Neutral |
BCE's weekly RSI is 46 (neutral) and its Stochastic is 46 (neutral).
GOOGL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 11.7 | Oversold |
GOOGL's weekly RSI is 40 (neutral) and its Stochastic is 12 (oversold).
BCE PE vs Communication Services Sector
| Metric | BCE | Sector median | Relative |
|---|---|---|---|
| PE | 4.5x | 16x | 73% below |
| PE % | 3 | 26 | 23 pts below |
BCE has the edge over GOOGL on valuation relative to its sector.
GOOGL PE vs Communication Services Sector
| Metric | GOOGL | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 6% below |
| PE % | 1 | 26 | 25 pts below |
GOOGL is trading at 16x earnings, in line with the Communication Services sector's median of 16x, though its recent earnings include one-off gains.
BCE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $20.5 | 4.4% above |
| 20 week MA | $21.7 | 1.5% below |
| 50 week MA | $23.4 | 8.6% below |
| 100 week MA | $23.3 | 8.3% below |
| 200 week MA | $30.9 | 31% below |
BCE has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 31% below its 200-week average.
GOOGL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $320.4 | 6.8% below |
| 20 week MA | $336.1 | 11% below |
| 50 week MA | $334.5 | 11% below |
| 100 week MA | $267.8 | 12% above |
| 200 week MA | $204.7 | 46% above |
GOOGL has the edge over BCE on trend strength, trading above more of its moving averages.
BCE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $46.3 | $42.8 | -7.7% |
| 2021 | $42.8 | $51.3 | +20% |
| 2022 | $51.3 | $44.2 | -14% |
| 2023 | $44.2 | $39.4 | -11% |
| 2024 | $39.4 | $22.7 | -42% |
| 2025 | $22.7 | $23.1 | +1.7% |
| 2026 YTD | $23.1 | $21.4 | -7.4% |
BCE has finished lower in four of the last six years. It's down 7.4% so far in 2026.
GOOGL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $67.7 | $86.7 | +28% |
| 2021 | $86.7 | $146.9 | +69% |
| 2022 | $146.9 | $89.2 | -39% |
| 2023 | $89.2 | $139.7 | +57% |
| 2024 | $139.7 | $192.8 | +38% |
| 2025 | $192.8 | $313.5 | +63% |
| 2026 YTD | $313.5 | $298.7 | -4.7% |
GOOGL has the edge over BCE on returns for 2026, with the stronger performance.