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DYCOM INDUSTRIES INC (DY) Stock Fundamental Analysis

NYSE:DY - New York Stock Exchange, Inc. - US2674751019 - Common Stock - Currency: USD

228.07  +0.83 (+0.37%)

Fundamental Rating

6

DY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 51 industry peers in the Construction & Engineering industry. DY scores excellent points on both the profitability and health parts. This is a solid base for a good stock. DY is quite expensive at the moment. It does show a decent growth rate. This makes DY very considerable for quality investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

In the past year DY was profitable.
DY had a positive operating cash flow in the past year.
In the past 5 years DY has always been profitable.
In the past 5 years DY always reported a positive cash flow from operatings.
DY Yearly Net Income VS EBIT VS OCF VS FCFDY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

1.2 Ratios

Looking at the Return On Assets, with a value of 7.92%, DY is in the better half of the industry, outperforming 76.47% of the companies in the same industry.
With a decent Return On Equity value of 18.84%, DY is doing good in the industry, outperforming 72.55% of the companies in the same industry.
DY has a Return On Invested Capital of 10.76%. This is in the better half of the industry: DY outperforms 74.51% 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 16.97%.
The last Return On Invested Capital (10.76%) for DY is above the 3 year average (10.49%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 7.92%
ROE 18.84%
ROIC 10.76%
ROA(3y)7.59%
ROA(5y)5.37%
ROE(3y)18.65%
ROE(5y)13.32%
ROIC(3y)10.49%
ROIC(5y)8.23%
DY Yearly ROA, ROE, ROICDY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

DY's Profit Margin of 4.96% is fine compared to the rest of the industry. DY outperforms 68.63% of its industry peers.
In the last couple of years the Profit Margin of DY has grown nicely.
Looking at the Operating Margin, with a value of 7.15%, DY is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of DY has grown nicely.
The Gross Margin of DY (19.82%) is better than 60.78% of its industry peers.
DY's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 7.15%
PM (TTM) 4.96%
GM 19.82%
OM growth 3Y40.01%
OM growth 5Y15.19%
PM growth 3Y47.32%
PM growth 5Y23.72%
GM growth 3Y7.71%
GM growth 5Y3.41%
DY Yearly Profit, Operating, Gross MarginsDY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

7

2. Health

2.1 Basic Checks

DY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
DY has less shares outstanding than it did 1 year ago.
DY has less shares outstanding than it did 5 years ago.
The debt/assets ratio for DY has been reduced compared to a year ago.
DY Yearly Shares OutstandingDY Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M
DY Yearly Total Debt VS Total AssetsDY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B

2.2 Solvency

DY has an Altman-Z score of 5.32. This indicates that DY is financially healthy and has little risk of bankruptcy at the moment.
DY has a Altman-Z score of 5.32. This is in the better half of the industry: DY outperforms 78.43% of its industry peers.
The Debt to FCF ratio of DY is 9.56, which is on the high side as it means it would take DY, 9.56 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 9.56, DY perfoms like the industry average, outperforming 49.02% of the companies in the same industry.
A Debt/Equity ratio of 0.75 indicates that DY is somewhat dependend on debt financing.
The Debt to Equity ratio of DY (0.75) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.75
Debt/FCF 9.56
Altman-Z 5.32
ROIC/WACC1.05
WACC10.29%
DY Yearly LT Debt VS Equity VS FCFDY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 2.89 indicates that DY has no problem at all paying its short term obligations.
The Current ratio of DY (2.89) is better than 96.08% of its industry peers.
A Quick Ratio of 2.67 indicates that DY has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.67, DY belongs to the top of the industry, outperforming 96.08% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.89
Quick Ratio 2.67
DY Yearly Current Assets VS Current LiabilitesDY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

6

3. Growth

3.1 Past

DY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.25%, which is quite good.
Measured over the past years, DY shows a very strong growth in Earnings Per Share. The EPS has been growing by 30.01% on average per year.
DY shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 12.77%.
Measured over the past years, DY shows a small growth in Revenue. The Revenue has been growing by 7.08% on average per year.
EPS 1Y (TTM)8.25%
EPS 3Y80.65%
EPS 5Y30.01%
EPS Q2Q%-1.42%
Revenue 1Y (TTM)12.77%
Revenue growth 3Y14.52%
Revenue growth 5Y7.08%
Sales Q2Q%10.17%

3.2 Future

Based on estimates for the next years, DY will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.97% on average per year.
The Revenue is expected to grow by 10.16% on average over the next years. This is quite good.
EPS Next Y13.75%
EPS Next 2Y14.46%
EPS Next 3Y15.97%
EPS Next 5YN/A
Revenue Next Year12.77%
Revenue Next 2Y10.36%
Revenue Next 3Y10.16%
Revenue Next 5YN/A

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.
DY Yearly Revenue VS EstimatesDY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
DY Yearly EPS VS EstimatesDY Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2 4 6 8 10

3

4. Valuation

4.1 Price/Earnings Ratio

DY is valuated quite expensively with a Price/Earnings ratio of 27.15.
Based on the Price/Earnings ratio, DY is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of DY to the average of the S&P500 Index (26.17), we can say DY is valued inline with the index average.
The Price/Forward Earnings ratio is 20.65, which indicates a rather expensive current valuation of DY.
Compared to the rest of the industry, the Price/Forward Earnings ratio of DY is on the same level as its industry peers.
DY's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 22.10.
Industry RankSector Rank
PE 27.15
Fwd PE 20.65
DY Price Earnings VS Forward Price EarningsDY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

DY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DY is cheaper than 68.63% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DY indicates a slightly more expensive valuation: DY is more expensive than 62.75% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 66.87
EV/EBITDA 13.87
DY Per share dataDY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates DY does not grow enough to justify the current Price/Earnings ratio.
DY has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as DY's earnings are expected to grow with 15.97% in the coming years.
PEG (NY)1.97
PEG (5Y)0.9
EPS Next 2Y14.46%
EPS Next 3Y15.97%

0

5. Dividend

5.1 Amount

No dividends for DY!.
Industry RankSector Rank
Dividend Yield N/A

DYCOM INDUSTRIES INC

NYSE:DY (5/29/2025, 10:02:37 AM)

228.07

+0.83 (+0.37%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)05-21 2025-05-21/bmo
Earnings (Next)08-19 2025-08-19/bmo
Inst Owners99.73%
Inst Owner Change2.63%
Ins Owners1.01%
Ins Owner Change3.67%
Market Cap6.60B
Analysts85.88
Price Target215.09 (-5.69%)
Short Float %2.7%
Short Ratio1.49
Dividend
Industry RankSector 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)18.53%
Min EPS beat(2)10.79%
Max EPS beat(2)26.28%
EPS beat(4)4
Avg EPS beat(4)19.86%
Min EPS beat(4)5.78%
Max EPS beat(4)36.6%
EPS beat(8)7
Avg EPS beat(8)34.19%
EPS beat(12)11
Avg EPS beat(12)99.19%
EPS beat(16)13
Avg EPS beat(16)71.81%
Revenue beat(2)2
Avg Revenue beat(2)1.46%
Min Revenue beat(2)0.32%
Max Revenue beat(2)2.6%
Revenue beat(4)3
Avg Revenue beat(4)0.51%
Min Revenue beat(4)-2.43%
Max Revenue beat(4)2.6%
Revenue beat(8)5
Avg Revenue beat(8)0.81%
Revenue beat(12)9
Avg Revenue beat(12)2.49%
Revenue beat(16)11
Avg Revenue beat(16)1.39%
PT rev (1m)-1.92%
PT rev (3m)-4.8%
EPS NQ rev (1m)2.24%
EPS NQ rev (3m)-8.49%
EPS NY rev (1m)-0.17%
EPS NY rev (3m)-0.22%
Revenue NQ rev (1m)0.65%
Revenue NQ rev (3m)-3.98%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.42%
Valuation
Industry RankSector Rank
PE 27.15
Fwd PE 20.65
P/S 1.4
P/FCF 66.87
P/OCF 18.89
P/B 5.32
P/tB 9.57
EV/EBITDA 13.87
EPS(TTM)8.4
EY3.68%
EPS(NY)11.04
Fwd EY4.84%
FCF(TTM)3.41
FCFY1.5%
OCF(TTM)12.07
OCFY5.29%
SpS162.59
BVpS42.85
TBVpS23.83
PEG (NY)1.97
PEG (5Y)0.9
Profitability
Industry RankSector Rank
ROA 7.92%
ROE 18.84%
ROCE 14.26%
ROIC 10.76%
ROICexc 11.2%
ROICexgc 14.79%
OM 7.15%
PM (TTM) 4.96%
GM 19.82%
FCFM 2.1%
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%
ROICexcg growth 3Y36.19%
ROICexcg 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-Score5
Asset Turnover1.6
Health
Industry RankSector Rank
Debt/Equity 0.75
Debt/FCF 9.56
Debt/EBITDA 1.74
Cap/Depr 126.13%
Cap/Sales 5.33%
Interest Coverage 5.81
Cash Conversion 65.26%
Profit Quality 42.26%
Current Ratio 2.89
Quick Ratio 2.67
Altman-Z 5.32
F-Score5
WACC10.29%
ROIC/WACC1.05
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)8.25%
EPS 3Y80.65%
EPS 5Y30.01%
EPS Q2Q%-1.42%
EPS Next Y13.75%
EPS Next 2Y14.46%
EPS Next 3Y15.97%
EPS Next 5YN/A
Revenue 1Y (TTM)12.77%
Revenue growth 3Y14.52%
Revenue growth 5Y7.08%
Sales Q2Q%10.17%
Revenue Next Year12.77%
Revenue Next 2Y10.36%
Revenue Next 3Y10.16%
Revenue Next 5YN/A
EBIT growth 1Y4.14%
EBIT growth 3Y60.34%
EBIT growth 5Y23.35%
EBIT Next Year96.65%
EBIT Next 3Y32.79%
EBIT Next 5YN/A
FCF growth 1Y143.65%
FCF growth 3Y-13.37%
FCF growth 5YN/A
OCF growth 1Y34.8%
OCF growth 3Y4.18%
OCF growth 5Y43.19%