DYCOM INDUSTRIES INC (DY) Stock Fundamental Analysis
USA - NYSE:DY - US2674751019 - Common Stock
291.66 USD
-0.1 (-0.03%)
291.66 USD
0 (0%)
Overall DY gets a fundamental rating of 6 out of 10. We evaluated DY against 53 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 not valued too expensively and it also shows a decent growth rate. With these ratings, DY could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year DY was profitable.
In the past year DY had a positive cash flow from operations.
DY had positive earnings in each of the past 5 years.
Each year in the past 5 years DY had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 7.47%, DY is doing good in the industry, outperforming 75.47% of the companies in the same industry.
DY's Return On Equity of 18.32% is fine compared to the rest of the industry. DY outperforms 73.58% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.39%, DY is in the better half of the industry, outperforming 71.70% of the companies in the same industry.
DY had an Average Return On Invested Capital over the past 3 years of 10.49%. This is significantly below the industry average of 17.22%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.47% | ||
| ROE | 18.32% | ||
| ROIC | 10.39% |
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 has a Profit Margin of 4.81%. This is in the better half of the industry: DY outperforms 66.04% of its industry peers.
In the last couple of years the Profit Margin of DY has grown nicely.
DY has a Operating Margin of 7.07%. This is in the better half of the industry: DY outperforms 60.38% of its industry peers.
In the last couple of years the Operating Margin of DY has grown nicely.
Looking at the Gross Margin, with a value of 19.90%, DY is in the better half of the industry, outperforming 64.15% of the companies in the same industry.
DY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.07% | ||
| PM (TTM) | 4.81% | ||
| GM | 19.9% |
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.
The number of shares outstanding for DY has been reduced compared to 1 year ago.
The number of shares outstanding for DY has been reduced compared to 5 years ago.
Compared to 1 year ago, DY has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.69 indicates that DY is not in any danger for bankruptcy at the moment.
DY's Altman-Z score of 5.69 is fine compared to the rest of the industry. DY outperforms 79.25% of its industry peers.
DY has a debt to FCF ratio of 23.19. This is a negative value and a sign of low solvency as DY would need 23.19 years to pay back of all of its debts.
DY has a Debt to FCF ratio of 23.19. This is in the lower half of the industry: DY underperforms 60.38% of its industry peers.
DY has a Debt/Equity ratio of 0.80. This is a neutral value indicating DY is somewhat dependend on debt financing.
DY has a Debt to Equity ratio (0.80) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 23.19 | ||
| Altman-Z | 5.69 |
ROIC/WACC1.03
WACC10.13%
2.3 Liquidity
A Current Ratio of 2.89 indicates that DY has no problem at all paying its short term obligations.
DY has a Current ratio of 2.89. This is amongst the best in the industry. DY outperforms 96.23% of its industry peers.
A Quick Ratio of 2.68 indicates that DY has no problem at all paying its short term obligations.
DY has a better Quick ratio (2.68) than 96.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.89 | ||
| Quick Ratio | 2.68 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 13.19% 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
The Revenue has grown by 12.61% in the past year. This is quite good.
The Revenue has been growing slightly by 7.08% on average over the past years.
EPS 1Y (TTM)13.19%
EPS 3Y80.65%
EPS 5Y30.01%
EPS Q2Q%35.37%
Revenue 1Y (TTM)12.61%
Revenue growth 3Y14.52%
Revenue growth 5Y7.08%
Sales Q2Q%14.54%
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 18.01% yearly.
DY is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.80% yearly.
EPS Next Y24.72%
EPS Next 2Y18.55%
EPS Next 3Y18.01%
EPS Next 5YN/A
Revenue Next Year15.14%
Revenue Next 2Y11.75%
Revenue Next 3Y10.8%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
Based on the Price/Earnings ratio of 31.46, the valuation of DY can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of DY indicates a somewhat cheap valuation: DY is cheaper than 60.38% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.79. DY is around the same levels.
With a Price/Forward Earnings ratio of 24.62, DY is valued on the expensive side.
Based on the Price/Forward Earnings ratio, DY is valued a bit cheaper than 62.26% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of DY to the average of the S&P500 Index (23.21), we can say DY is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.46 | ||
| Fwd PE | 24.62 |
4.2 Price Multiples
DY's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. DY is cheaper than 69.81% 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 62.26% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 189.61 | ||
| EV/EBITDA | 17.12 |
4.3 Compensation for Growth
DY's 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.
DY's earnings are expected to grow with 18.01% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.27
PEG (5Y)1.05
EPS Next 2Y18.55%
EPS Next 3Y18.01%
5. Dividend
5.1 Amount
DY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
291.66
-0.1 (-0.03%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners96.22%
Inst Owner Change-5.52%
Ins Owners1.18%
Ins Owner Change0.92%
Market Cap8.44B
Analysts85.88
Price Target306.77 (5.18%)
Short Float %4.68%
Short Ratio3.27
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)24.4%
Min EPS beat(2)22.52%
Max EPS beat(2)26.28%
EPS beat(4)4
Avg EPS beat(4)16.34%
Min EPS beat(4)5.78%
Max EPS beat(4)26.28%
EPS beat(8)7
Avg EPS beat(8)19.51%
EPS beat(12)11
Avg EPS beat(12)75.75%
EPS beat(16)14
Avg EPS beat(16)83.72%
Revenue beat(2)2
Avg Revenue beat(2)2.47%
Min Revenue beat(2)2.33%
Max Revenue beat(2)2.6%
Revenue beat(4)3
Avg Revenue beat(4)0.7%
Min Revenue beat(4)-2.43%
Max Revenue beat(4)2.6%
Revenue beat(8)5
Avg Revenue beat(8)0.09%
Revenue beat(12)9
Avg Revenue beat(12)1.92%
Revenue beat(16)12
Avg Revenue beat(16)1.92%
PT rev (1m)0.42%
PT rev (3m)14.68%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)3.24%
EPS NY rev (3m)6.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)-0.24%
Revenue NY rev (3m)-0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.46 | ||
| Fwd PE | 24.62 | ||
| P/S | 1.75 | ||
| P/FCF | 189.61 | ||
| P/OCF | 25.39 | ||
| P/B | 6.67 | ||
| P/tB | 11.6 | ||
| EV/EBITDA | 17.12 |
EPS(TTM)9.27
EY3.18%
EPS(NY)11.85
Fwd EY4.06%
FCF(TTM)1.54
FCFY0.53%
OCF(TTM)11.49
OCFY3.94%
SpS166.43
BVpS43.74
TBVpS25.14
PEG (NY)1.27
PEG (5Y)1.05
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.47% | ||
| ROE | 18.32% | ||
| ROCE | 13.78% | ||
| ROIC | 10.39% | ||
| ROICexc | 10.46% | ||
| ROICexgc | 13.39% | ||
| OM | 7.07% | ||
| PM (TTM) | 4.81% | ||
| GM | 19.9% | ||
| FCFM | 0.92% |
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 Turnover1.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 23.19 | ||
| Debt/EBITDA | 1.84 | ||
| Cap/Depr | 136% | ||
| Cap/Sales | 5.98% | ||
| Interest Coverage | 5.76 | ||
| Cash Conversion | 60.19% | ||
| Profit Quality | 19.2% | ||
| Current Ratio | 2.89 | ||
| Quick Ratio | 2.68 | ||
| Altman-Z | 5.69 |
F-Score5
WACC10.13%
ROIC/WACC1.03
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)13.19%
EPS 3Y80.65%
EPS 5Y30.01%
EPS Q2Q%35.37%
EPS Next Y24.72%
EPS Next 2Y18.55%
EPS Next 3Y18.01%
EPS Next 5YN/A
Revenue 1Y (TTM)12.61%
Revenue growth 3Y14.52%
Revenue growth 5Y7.08%
Sales Q2Q%14.54%
Revenue Next Year15.14%
Revenue Next 2Y11.75%
Revenue Next 3Y10.8%
Revenue Next 5YN/A
EBIT growth 1Y2.77%
EBIT growth 3Y60.34%
EBIT growth 5Y23.35%
EBIT Next Year106.26%
EBIT Next 3Y34.26%
EBIT Next 5YN/A
FCF growth 1Y173.14%
FCF growth 3Y-13.37%
FCF growth 5YN/A
OCF growth 1Y129.99%
OCF growth 3Y4.18%
OCF growth 5Y43.19%