DYCOM INDUSTRIES INC (DY) Stock Fundamental Analysis
NYSE:DY - New York Stock Exchange, Inc. - US2674751019 - Common Stock
DY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 45 industry peers in the Construction & Engineering industry. DY has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. DY has a correct valuation and a medium growth rate. These ratings would make DY suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year DY was profitable.
DY had a positive operating cash flow in the past year.
Each year in the past 5 years DY has been profitable.
Each year in the past 5 years DY had a positive operating cash flow.
1.2 Ratios
DY has a Return On Assets of 7.20%. This is in the better half of the industry: DY outperforms 79.55% of its industry peers.
DY has a better Return On Equity (18.17%) than 77.27% of its industry peers.
The Return On Invested Capital of DY (10.00%) is better than 75.00% of its industry peers.
DY had an Average Return On Invested Capital over the past 3 years of 8.26%. This is below the industry average of 11.60%.
The 3 year average ROIC (8.26%) for DY is below the current ROIC(10.00%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.2% | ||
| ROE | 18.17% | ||
| ROIC | 10% |
ROA(3y)5.71%
ROA(5y)4.3%
ROE(3y)14.51%
ROE(5y)10.87%
ROIC(3y)8.26%
ROIC(5y)7.16%
1.3 Margins
DY has a Profit Margin of 4.91%. This is in the better half of the industry: DY outperforms 68.18% of its industry peers.
In the last couple of years the Profit Margin of DY has grown nicely.
DY's Operating Margin of 7.12% is fine compared to the rest of the industry. DY outperforms 68.18% of its industry peers.
In the last couple of years the Operating Margin of DY has grown nicely.
With a Gross Margin value of 19.62%, DY perfoms like the industry average, outperforming 59.09% of the companies in the same industry.
In the last couple of years the Gross Margin of DY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.12% | ||
| PM (TTM) | 4.91% | ||
| GM | 19.62% |
OM growth 3Y26.76%
OM growth 5Y15.72%
PM growth 3Y69.74%
PM growth 5Y21.12%
GM growth 3Y3.82%
GM growth 5Y1.52%
2. Health
2.1 Basic Checks
DY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for DY has been reduced compared to 1 year ago.
Compared to 5 years ago, DY has less shares outstanding
The debt/assets ratio for DY has been reduced compared to a year ago.
2.2 Solvency
DY has an Altman-Z score of 4.62. This indicates that DY is financially healthy and has little risk of bankruptcy at the moment.
DY has a Altman-Z score of 4.62. This is in the better half of the industry: DY outperforms 72.73% of its industry peers.
The Debt to FCF ratio of DY is 10.29, which is on the high side as it means it would take DY, 10.29 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of DY (10.29) is comparable to the rest of the industry.
DY has a Debt/Equity ratio of 0.89. This is a neutral value indicating DY is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.89, DY is not doing good in the industry: 63.64% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.29 | ||
| Altman-Z | 4.62 |
ROIC/WACC0.8
WACC12.51%
2.3 Liquidity
DY has a Current Ratio of 3.12. This indicates that DY is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 3.12, DY belongs to the best of the industry, outperforming 93.18% of the companies in the same industry.
A Quick Ratio of 2.93 indicates that DY has no problem at all paying its short term obligations.
DY's Quick ratio of 2.93 is amongst the best of the industry. DY outperforms 97.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.93 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 8.64% over the past year.
DY shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.53% yearly.
DY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.37%.
DY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.95% yearly.
EPS 1Y (TTM)8.64%
EPS 3Y42.82%
EPS 5Y21.53%
EPS Q2Q%-4.96%
Revenue 1Y (TTM)10.37%
Revenue growth 3Y9.28%
Revenue growth 5Y5.95%
Sales Q2Q%11.96%
3.2 Future
DY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.63% yearly.
Based on estimates for the next years, DY will show a quite strong growth in Revenue. The Revenue will grow by 13.86% on average per year.
EPS Next Y14.79%
EPS Next 2Y14.44%
EPS Next 3Y16.25%
EPS Next 5Y16.63%
Revenue Next Year10.7%
Revenue Next 2Y11.92%
Revenue Next 3Y11.61%
Revenue Next 5Y13.86%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.67, which indicates a rather expensive current valuation of DY.
Based on the Price/Earnings ratio, DY is valued a bit cheaper than 79.55% of the companies in the same industry.
DY is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.96, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 19.74, DY is valued on the expensive side.
Based on the Price/Forward Earnings ratio, DY is valued a bit cheaper than the industry average as 70.45% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.11, DY is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.67 | ||
| Fwd PE | 19.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of DY indicates a rather cheap valuation: DY is cheaper than 81.82% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, DY is valued a bit more expensive than 63.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 52.14 | ||
| EV/EBITDA | 12.91 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of DY may justify a higher PE ratio.
A more expensive valuation may be justified as DY's earnings are expected to grow with 16.25% in the coming years.
PEG (NY)1.6
PEG (5Y)1.1
EPS Next 2Y14.44%
EPS Next 3Y16.25%
5. Dividend
5.1 Amount
No dividends for DY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DYCOM INDUSTRIES INC
NYSE:DY (1/17/2025, 8:04:00 PM)
After market: 190.54 0 (0%)190.54
+0.61 (+0.32%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners97.39%
Inst Owner Change-0.34%
Ins Owners1.03%
Ins Owner Change3.12%
Market Cap5.56B
Analysts85.88
Price Target223.83 (17.47%)
Short Float %6.21%
Short Ratio3.53
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.28%
Min EPS beat(2)5.78%
Max EPS beat(2)10.79%
EPS beat(4)3
Avg EPS beat(4)8.62%
Min EPS beat(4)-18.68%
Max EPS beat(4)36.6%
EPS beat(8)7
Avg EPS beat(8)98.19%
EPS beat(12)11
Avg EPS beat(12)107.57%
EPS beat(16)12
Avg EPS beat(16)53.67%
Revenue beat(2)1
Avg Revenue beat(2)-1.06%
Min Revenue beat(2)-2.43%
Max Revenue beat(2)0.32%
Revenue beat(4)2
Avg Revenue beat(4)-1.28%
Min Revenue beat(4)-4.56%
Max Revenue beat(4)1.55%
Revenue beat(8)5
Avg Revenue beat(8)1.65%
Revenue beat(12)9
Avg Revenue beat(12)2.47%
Revenue beat(16)11
Avg Revenue beat(16)1.27%
PT rev (1m)0%
PT rev (3m)4.94%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-17.16%
EPS NY rev (1m)0%
EPS NY rev (3m)2.95%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.67 | ||
| Fwd PE | 19.74 | ||
| P/S | 1.22 | ||
| P/FCF | 52.14 | ||
| P/OCF | 16.07 | ||
| P/B | 4.51 | ||
| P/tB | 8.25 | ||
| EV/EBITDA | 12.91 |
EPS(TTM)8.05
EY4.22%
EPS(NY)9.65
Fwd EY5.07%
FCF(TTM)3.65
FCFY1.92%
OCF(TTM)11.86
OCFY6.22%
SpS156.61
BVpS42.28
TBVpS23.09
PEG (NY)1.6
PEG (5Y)1.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.2% | ||
| ROE | 18.17% | ||
| ROCE | 12.99% | ||
| ROIC | 10% | ||
| ROICexc | 10.06% | ||
| ROICexgc | 12.97% | ||
| OM | 7.12% | ||
| PM (TTM) | 4.91% | ||
| GM | 19.62% | ||
| FCFM | 2.33% |
ROA(3y)5.71%
ROA(5y)4.3%
ROE(3y)14.51%
ROE(5y)10.87%
ROIC(3y)8.26%
ROIC(5y)7.16%
ROICexc(3y)9.14%
ROICexc(5y)7.73%
ROICexgc(3y)11.84%
ROICexgc(5y)10.14%
ROCE(3y)10.73%
ROCE(5y)9.3%
ROICexcg growth 3Y24.94%
ROICexcg growth 5Y17.38%
ROICexc growth 3Y27.36%
ROICexc growth 5Y19.56%
OM growth 3Y26.76%
OM growth 5Y15.72%
PM growth 3Y69.74%
PM growth 5Y21.12%
GM growth 3Y3.82%
GM growth 5Y1.52%
F-Score6
Asset Turnover1.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 10.29 | ||
| Debt/EBITDA | 2.12 | ||
| Cap/Depr | 126.57% | ||
| Cap/Sales | 5.24% | ||
| Interest Coverage | 5.8 | ||
| Cash Conversion | 67.23% | ||
| Profit Quality | 47.57% | ||
| Current Ratio | 3.12 | ||
| Quick Ratio | 2.93 | ||
| Altman-Z | 4.62 |
F-Score6
WACC12.51%
ROIC/WACC0.8
Cap/Depr(3y)125.39%
Cap/Depr(5y)94.69%
Cap/Sales(3y)5.18%
Cap/Sales(5y)4.19%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)8.64%
EPS 3Y42.82%
EPS 5Y21.53%
EPS Q2Q%-4.96%
EPS Next Y14.79%
EPS Next 2Y14.44%
EPS Next 3Y16.25%
EPS Next 5Y16.63%
Revenue 1Y (TTM)10.37%
Revenue growth 3Y9.28%
Revenue growth 5Y5.95%
Sales Q2Q%11.96%
Revenue Next Year10.7%
Revenue Next 2Y11.92%
Revenue Next 3Y11.61%
Revenue Next 5Y13.86%
EBIT growth 1Y0.68%
EBIT growth 3Y38.53%
EBIT growth 5Y22.6%
EBIT Next Year69.69%
EBIT Next 3Y31.32%
EBIT Next 5Y28.28%
FCF growth 1Y192.53%
FCF growth 3Y-50%
FCF growth 5YN/A
OCF growth 1Y439.85%
OCF growth 3Y-12.14%
OCF growth 5Y15.79%