Telecom dominates Quebecor’s business, making up more than 85% of revenue and nearly all of its EBITDA. The firm has historically focused its telecom efforts in Quebec, where it dominates the fixed-line market--providing broadband service to 60% of the homes its network passes--and holding its own in wireless against national providers. We estimate Quebecor has a 21% wireless market share in Quebec.
Quebecor’s national wireless ambitions should benefit from a favorable regulatory environment. It should be able to offer promotions and gain share without taking significant economic losses.
As a national wireless carrier, Quebecor will have none of the advantages that have made it successful in Quebec.
|
Metric
|
QBR.B
|
BCE
|
RCI
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.06 | 13.79 | 10.98 |
Price/Book Value | 3.55 | 2.36 | 2.49 |
Price/Sales | 1.20 | 1.57 | 1.29 |
Price/Cash Flow | 4.14 | 5.00 | 4.28 |
|
Metric
|
QBR.B
|
BCE
|
RCI
|
|---|---|---|---|
Quick Ratio | 0.38 | 0.46 | 0.58 |
Current Ratio | 0.65 | 0.61 | 0.77 |
Interest Coverage | 3.17 | 2.71 | 1.46 |
|
Metric
|
QBR.B
|
BCE
|
RCI
|
|---|---|---|---|
Return on Assets (Normalized) | 6.00% | 3.96% | 3.56% |
Return on Equity (Normalized) | 44.57% | 16.39% | 22.19% |
Return on Invested Capital (Normalized) | 10.85% | 6.68% | 6.65% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| T-Mobile US Inc
TMUS
| Vjbgxfbyv | Vphyr | $209.7 Bil | |||
| Verizon Communications Inc
VZ
| Xmsjcvgr | Ydskg | $173.1 Bil | |||
| Comcast Corp Class A
CMCSA
| Dlwqmxzch | Vshh | $149.3 Bil | |||
| AT&T Inc
T
| Tsf | Qvpszz | $133.9 Bil | |||
| Deutsche Telekom AG ADR
DTEGY
| Tvslmgkz | Sykvb | $127.6 Bil | |||
| KDDI Corp ADR
KDDIY
| Vjspwsfn | Twymdr | $56.6 Bil | |||
| America Movil SAB de CV ADR - Series B
AMX
| Jfbwvrynv | Bjxjr | $54.0 Bil | |||
| Charter Communications Inc Class A
CHTR
| Mqblbmdfm | Hqrvn | $43.4 Bil | |||
| BCE Inc
BCE
| Ztmvhhngdh | Ylvgrb | $28.8 Bil | |||
| Orange SA ADR
ORAN
| Bqbjwtkg | Gzgk | $27.8 Bil |
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