DYCOM INDUSTRIES INC (DY) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:DY - US2674751019 - Common Stock
347.63 USD
-0.77 (-0.22%)
347.63 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to DY. DY was compared to 54 industry peers in the Construction & Engineering industry. Both the health and profitability get an excellent rating, making DY a very profitable company, without any liquidiy or solvency issues. DY is not overvalued while it is showing excellent growth. This is an interesting combination. This makes DY very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
DY had positive earnings in the past year.
In the past year DY had a positive cash flow from operations.
In the past 5 years DY has always been profitable.
DY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of DY (8.95%) is better than 74.07% of its industry peers.
DY has a Return On Equity of 20.06%. This is in the better half of the industry: DY outperforms 68.52% of its industry peers.
DY has a Return On Invested Capital of 12.14%. This is in the better half of the industry: DY outperforms 74.07% of its industry peers.
DY had an Average Return On Invested Capital over the past 3 years of 10.49%. This is significantly below the industry average of 16.29%.
The last Return On Invested Capital (12.14%) for DY is above the 3 year average (10.49%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.95% | ||
| ROE | 20.06% | ||
| ROIC | 12.14% |
ROA(3y)7.59%
ROA(5y)5.37%
ROE(3y)18.65%
ROE(5y)13.32%
ROIC(3y)10.49%
ROIC(5y)8.23%
1.3 Margins
DY's Profit Margin of 5.75% is fine compared to the rest of the industry. DY outperforms 66.67% of its industry peers.
DY's Profit Margin has improved in the last couple of years.
The Operating Margin of DY (8.31%) is better than 62.96% of its industry peers.
In the last couple of years the Operating Margin of DY has grown nicely.
With a decent Gross Margin value of 20.72%, DY is doing good in the industry, outperforming 62.96% of the companies in the same industry.
DY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.31% | ||
| PM (TTM) | 5.75% | ||
| GM | 20.72% |
OM growth 3Y40.01%
OM growth 5Y15.19%
PM growth 3Y47.32%
PM growth 5Y23.72%
GM growth 3Y7.71%
GM growth 5Y3.41%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DY is creating some value.
DY has less shares outstanding than it did 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 6.37. This indicates that DY is financially healthy and has little risk of bankruptcy at the moment.
DY's Altman-Z score of 6.37 is amongst the best of the industry. DY outperforms 85.19% of its industry peers.
The Debt to FCF ratio of DY is 3.17, which is a good value as it means it would take DY, 3.17 years of fcf income to pay off all of its debts.
DY has a Debt to FCF ratio of 3.17. This is in the better half of the industry: DY outperforms 74.07% of its industry peers.
DY has a Debt/Equity ratio of 0.62. This is a neutral value indicating DY is somewhat dependend on debt financing.
The Debt to Equity ratio of DY (0.62) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.17 | ||
| Altman-Z | 6.37 |
ROIC/WACC1.15
WACC10.6%
2.3 Liquidity
DY has a Current Ratio of 3.09. This indicates that DY is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of DY (3.09) is better than 96.30% of its industry peers.
A Quick Ratio of 2.90 indicates that DY has no problem at all paying its short term obligations.
The Quick ratio of DY (2.90) is better than 98.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.09 | ||
| Quick Ratio | 2.9 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 26.96% over the past year.
The Earnings Per Share has been growing by 30.01% on average over the past years. This is a very strong growth
Looking at the last year, DY shows a quite strong growth in Revenue. The Revenue has grown by 13.19% in the last year.
The Revenue has been growing slightly by 7.08% on average over the past years.
EPS 1Y (TTM)26.96%
EPS 3Y80.65%
EPS 5Y30.01%
EPS Q2Q%35.45%
Revenue 1Y (TTM)13.19%
Revenue growth 3Y14.52%
Revenue growth 5Y7.08%
Sales Q2Q%14.13%
3.2 Future
DY is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.79% yearly.
Based on estimates for the next years, DY will show a quite strong growth in Revenue. The Revenue will grow by 17.72% on average per year.
EPS Next Y30.81%
EPS Next 2Y26.21%
EPS Next 3Y24.51%
EPS Next 5Y23.79%
Revenue Next Year16.2%
Revenue Next 2Y18.3%
Revenue Next 3Y16.18%
Revenue Next 5Y17.72%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 34.01, which means the current valuation is very expensive for DY.
Compared to the rest of the industry, the Price/Earnings ratio of DY is on the same level as its industry peers.
DY's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 26.92.
With a Price/Forward Earnings ratio of 25.89, DY can be considered very expensive at the moment.
62.96% of the companies in the same industry are more expensive than DY, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 23.46. DY is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.01 | ||
| Fwd PE | 25.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DY is valued a bit cheaper than the industry average as 62.96% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, DY is valued a bit cheaper than the industry average as 61.11% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.92 | ||
| EV/EBITDA | 16.37 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
DY has a very decent profitability rating, which may justify a higher PE ratio.
DY's earnings are expected to grow with 24.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.1
PEG (5Y)1.13
EPS Next 2Y26.21%
EPS Next 3Y24.51%
5. Dividend
5.1 Amount
DY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
347.63
-0.77 (-0.22%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners100.77%
Inst Owner Change4.75%
Ins Owners1.15%
Ins Owner Change-0.01%
Market Cap10.07B
Revenue(TTM)5.17B
Net Income(TTM)297.57M
Analysts85.88
Price Target393.27 (13.13%)
Short Float %4.09%
Short Ratio3.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)10.34%
Min EPS beat(2)9.75%
Max EPS beat(2)10.92%
EPS beat(4)4
Avg EPS beat(4)17.37%
Min EPS beat(4)9.75%
Max EPS beat(4)26.28%
EPS beat(8)7
Avg EPS beat(8)13%
EPS beat(12)11
Avg EPS beat(12)71.25%
EPS beat(16)15
Avg EPS beat(16)85.02%
Revenue beat(2)0
Avg Revenue beat(2)-2.59%
Min Revenue beat(2)-4.97%
Max Revenue beat(2)-0.22%
Revenue beat(4)2
Avg Revenue beat(4)-0.06%
Min Revenue beat(4)-4.97%
Max Revenue beat(4)2.6%
Revenue beat(8)4
Avg Revenue beat(8)-0.67%
Revenue beat(12)7
Avg Revenue beat(12)1.08%
Revenue beat(16)11
Avg Revenue beat(16)1.84%
PT rev (1m)22.84%
PT rev (3m)28.2%
EPS NQ rev (1m)0.6%
EPS NQ rev (3m)4.55%
EPS NY rev (1m)4.88%
EPS NY rev (3m)4.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.35%
Revenue NY rev (1m)0.93%
Revenue NY rev (3m)0.93%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.01 | ||
| Fwd PE | 25.89 | ||
| P/S | 1.95 | ||
| P/FCF | 33.92 | ||
| P/OCF | 18.25 | ||
| P/B | 6.79 | ||
| P/tB | 10.41 | ||
| EV/EBITDA | 16.37 |
EPS(TTM)10.22
EY2.94%
EPS(NY)13.43
Fwd EY3.86%
FCF(TTM)10.25
FCFY2.95%
OCF(TTM)19.05
OCFY5.48%
SpS178.62
BVpS51.22
TBVpS33.38
PEG (NY)1.1
PEG (5Y)1.13
Graham Number108.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.95% | ||
| ROE | 20.06% | ||
| ROCE | 16.1% | ||
| ROIC | 12.14% | ||
| ROICexc | 12.66% | ||
| ROICexgc | 15.87% | ||
| OM | 8.31% | ||
| PM (TTM) | 5.75% | ||
| GM | 20.72% | ||
| FCFM | 5.74% |
ROA(3y)7.59%
ROA(5y)5.37%
ROE(3y)18.65%
ROE(5y)13.32%
ROIC(3y)10.49%
ROIC(5y)8.23%
ROICexc(3y)11.25%
ROICexc(5y)8.85%
ROICexgc(3y)14.58%
ROICexgc(5y)11.6%
ROCE(3y)13.92%
ROCE(5y)10.91%
ROICexgc growth 3Y36.19%
ROICexgc growth 5Y18%
ROICexc growth 3Y37.4%
ROICexc growth 5Y18.32%
OM growth 3Y40.01%
OM growth 5Y15.19%
PM growth 3Y47.32%
PM growth 5Y23.72%
GM growth 3Y7.71%
GM growth 5Y3.41%
F-Score8
Asset Turnover1.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.62 | ||
| Debt/FCF | 3.17 | ||
| Debt/EBITDA | 1.38 | ||
| Cap/Depr | 107.92% | ||
| Cap/Sales | 4.93% | ||
| Interest Coverage | 7.53 | ||
| Cash Conversion | 82.86% | ||
| Profit Quality | 99.75% | ||
| Current Ratio | 3.09 | ||
| Quick Ratio | 2.9 | ||
| Altman-Z | 6.37 |
F-Score8
WACC10.6%
ROIC/WACC1.15
Cap/Depr(3y)133.16%
Cap/Depr(5y)107.06%
Cap/Sales(3y)5.28%
Cap/Sales(5y)4.53%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.96%
EPS 3Y80.65%
EPS 5Y30.01%
EPS Q2Q%35.45%
EPS Next Y30.81%
EPS Next 2Y26.21%
EPS Next 3Y24.51%
EPS Next 5Y23.79%
Revenue 1Y (TTM)13.19%
Revenue growth 3Y14.52%
Revenue growth 5Y7.08%
Sales Q2Q%14.13%
Revenue Next Year16.2%
Revenue Next 2Y18.3%
Revenue Next 3Y16.18%
Revenue Next 5Y17.72%
EBIT growth 1Y32%
EBIT growth 3Y60.34%
EBIT growth 5Y23.35%
EBIT Next Year110%
EBIT Next 3Y44.27%
EBIT Next 5Y40.6%
FCF growth 1Y742.8%
FCF growth 3Y-13.37%
FCF growth 5YN/A
OCF growth 1Y206.28%
OCF growth 3Y4.18%
OCF growth 5Y43.19%
DYCOM INDUSTRIES INC / DY FAQ
Can you provide the ChartMill fundamental rating for DYCOM INDUSTRIES INC?
ChartMill assigns a fundamental rating of 6 / 10 to DY.
What is the valuation status for DY stock?
ChartMill assigns a valuation rating of 4 / 10 to DYCOM INDUSTRIES INC (DY). This can be considered as Fairly Valued.
How profitable is DYCOM INDUSTRIES INC (DY) stock?
DYCOM INDUSTRIES INC (DY) has a profitability rating of 7 / 10.
How financially healthy is DYCOM INDUSTRIES INC?
The financial health rating of DYCOM INDUSTRIES INC (DY) is 8 / 10.
Can you provide the expected EPS growth for DY stock?
The Earnings per Share (EPS) of DYCOM INDUSTRIES INC (DY) is expected to grow by 30.81% in the next year.