DYCOM INDUSTRIES INC (DY) Stock Fundamental Analysis
NYSE:DY - US2674751019 - Common Stock
258.83 USD
-0.44 (-0.17%)
258.83 USD
0 (0%)
DY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 52 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.
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
Looking at the Return On Assets, with a value of 7.47%, DY is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
DY has a Return On Equity of 18.32%. This is in the better half of the industry: DY outperforms 73.08% of its industry peers.
DY has a Return On Invested Capital of 10.39%. This is in the better half of the industry: DY outperforms 71.15% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DY is significantly below the industry average of 17.21%.
| 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's Profit Margin of 4.81% is fine compared to the rest of the industry. DY outperforms 65.38% 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 comparable to the rest of the industry: DY outperforms 59.62% of its industry peers.
DY's Operating Margin has improved in the last couple of years.
The Gross Margin of DY (19.90%) is better than 63.46% of its industry peers.
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.
DY has a better debt/assets ratio than last year.
2.2 Solvency
DY has an Altman-Z score of 5.39. This indicates that DY is financially healthy and has little risk of bankruptcy at the moment.
DY's Altman-Z score of 5.39 is fine compared to the rest of the industry. DY outperforms 78.85% of its industry peers.
The Debt to FCF ratio of DY is 23.19, which is on the high side as it means it would take DY, 23.19 years of fcf income to pay off all of its debts.
DY's Debt to FCF ratio of 23.19 is on the low side compared to the rest of the industry. DY is outperformed by 61.54% of its industry peers.
A Debt/Equity ratio of 0.80 indicates that DY is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.80, DY is in line with its industry, outperforming 46.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.8 | ||
| Debt/FCF | 23.19 | ||
| Altman-Z | 5.39 |
ROIC/WACC1.04
WACC10.01%
2.3 Liquidity
A Current Ratio of 2.89 indicates that DY has no problem at all paying its short term obligations.
With an excellent Current ratio value of 2.89, DY belongs to the best of the industry, outperforming 96.15% of the companies in the same industry.
A Quick Ratio of 2.68 indicates that DY has no problem at all paying its short term obligations.
The Quick ratio of DY (2.68) is better than 96.15% 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.
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.
The Revenue has grown by 12.61% in the past year. This is quite good.
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)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
The Earnings Per Share is expected to grow by 16.10% on average over the next years. This is quite good.
The Revenue is expected to grow by 10.72% on average over the next years. This is quite good.
EPS Next Y20.81%
EPS Next 2Y17.83%
EPS Next 3Y16.1%
EPS Next 5YN/A
Revenue Next Year15.41%
Revenue Next 2Y11.73%
Revenue Next 3Y10.72%
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.
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
A Price/Earnings ratio of 27.92 indicates a quite expensive valuation of DY.
Based on the Price/Earnings ratio, DY is valued a bit cheaper than the industry average as 63.46% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.44, DY is valued at the same level.
A Price/Forward Earnings ratio of 22.11 indicates a rather expensive valuation of DY.
71.15% of the companies in the same industry are more expensive than DY, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of DY to the average of the S&P500 Index (22.87), we can say DY is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.92 | ||
| Fwd PE | 22.11 |
4.2 Price Multiples
67.31% of the companies in the same industry are more expensive than DY, based on the Enterprise Value to EBITDA ratio.
61.54% of the companies in the same industry are cheaper than DY, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 168.26 | ||
| EV/EBITDA | 15.43 |
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 16.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.34
PEG (5Y)0.93
EPS Next 2Y17.83%
EPS Next 3Y16.1%
5. Dividend
5.1 Amount
DY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
258.83
-0.44 (-0.17%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners100.32%
Inst Owner Change-5.57%
Ins Owners1.18%
Ins Owner Change2.9%
Market Cap7.49B
Analysts85.88
Price Target306.77 (18.52%)
Short Float %3.31%
Short Ratio2.56
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)9.21%
PT rev (3m)42.62%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.17%
EPS NY rev (1m)3.58%
EPS NY rev (3m)6.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.19%
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)2.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.92 | ||
| Fwd PE | 22.11 | ||
| P/S | 1.56 | ||
| P/FCF | 168.26 | ||
| P/OCF | 22.53 | ||
| P/B | 5.92 | ||
| P/tB | 10.29 | ||
| EV/EBITDA | 15.43 |
EPS(TTM)9.27
EY3.58%
EPS(NY)11.7
Fwd EY4.52%
FCF(TTM)1.54
FCFY0.59%
OCF(TTM)11.49
OCFY4.44%
SpS166.43
BVpS43.74
TBVpS25.14
PEG (NY)1.34
PEG (5Y)0.93
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 | 5.39 |
F-Score5
WACC10.01%
ROIC/WACC1.04
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 Y20.81%
EPS Next 2Y17.83%
EPS Next 3Y16.1%
EPS Next 5YN/A
Revenue 1Y (TTM)12.61%
Revenue growth 3Y14.52%
Revenue growth 5Y7.08%
Sales Q2Q%14.54%
Revenue Next Year15.41%
Revenue Next 2Y11.73%
Revenue Next 3Y10.72%
Revenue Next 5YN/A
EBIT growth 1Y2.77%
EBIT growth 3Y60.34%
EBIT growth 5Y23.35%
EBIT Next Year99.23%
EBIT Next 3Y34.9%
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%