DYCOM INDUSTRIES INC (DY)
US2674751019 - Common Stock
Taking everything into account, DY scores 6 out of 10 in our fundamental rating. DY was compared to 41 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 has a correct valuation and a medium growth rate. These ratings would make DY suitable for quality investing!
1. Profitability
1.1 Basic Checks
DY had positive earnings in the past year.
DY had a positive operating cash flow in the past year.
DY had positive earnings in each of the past 5 years.
In the past 5 years DY always reported a positive cash flow from operatings.
1.2 Ratios
DY has a better Return On Assets (8.70%) than 92.68% of its industry peers.
DY has a better Return On Equity (20.76%) than 87.80% of its industry peers.
The Return On Invested Capital of DY (12.36%) is better than 87.80% of its industry peers.
DY had an Average Return On Invested Capital over the past 3 years of 8.26%. This is in line with the industry average of 8.46%.
The last Return On Invested Capital (12.36%) for DY is above the 3 year average (8.26%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.7% | ||
| ROE | 20.76% | ||
| ROIC | 12.36% |
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's Profit Margin of 5.24% is fine compared to the rest of the industry. DY outperforms 78.05% of its industry peers.
In the last couple of years the Profit Margin of DY has grown nicely.
DY's Operating Margin of 7.74% is fine compared to the rest of the industry. DY outperforms 78.05% of its industry peers.
In the last couple of years the Operating Margin of DY has grown nicely.
DY's Gross Margin of 19.49% is fine compared to the rest of the industry. DY outperforms 68.29% of its industry peers.
In the last couple of years the Gross Margin of DY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.74% | ||
| PM (TTM) | 5.24% | ||
| GM | 19.49% |
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
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.
The number of shares outstanding for DY has been reduced compared to 5 years ago.
The debt/assets ratio for DY has been reduced compared to a year ago.
2.2 Solvency
DY has an Altman-Z score of 4.86. This indicates that DY is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 4.86, DY belongs to the best of the industry, outperforming 85.37% of the companies in the same industry.
The Debt to FCF ratio of DY is 19.98, which is on the high side as it means it would take DY, 19.98 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 19.98, DY perfoms like the industry average, outperforming 41.46% of the companies in the same industry.
A Debt/Equity ratio of 0.75 indicates that DY is somewhat dependend on debt financing.
DY has a Debt to Equity ratio (0.75) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | 19.98 | ||
| Altman-Z | 4.86 |
ROIC/WACC1.29
WACC9.57%
2.3 Liquidity
A Current Ratio of 3.06 indicates that DY has no problem at all paying its short term obligations.
The Current ratio of DY (3.06) is better than 97.56% of its industry peers.
A Quick Ratio of 2.85 indicates that DY has no problem at all paying its short term obligations.
The Quick ratio of DY (2.85) is better than 97.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.06 | ||
| Quick Ratio | 2.85 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 55.49% over the past year.
The Earnings Per Share has been growing by 21.53% 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 9.64% in the last year.
DY shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.95% yearly.
EPS 1Y (TTM)55.49%
EPS 3Y42.82%
EPS 5Y21.53%
EPS growth Q2Q-4.82%
Revenue 1Y (TTM)9.64%
Revenue growth 3Y9.28%
Revenue growth 5Y5.95%
Revenue growth Q2Q3.81%
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 14.00% yearly.
The Revenue is expected to grow by 5.96% on average over the next years.
EPS Next Y4.85%
EPS Next 2Y11.07%
EPS Next 3Y14%
EPS Next 5YN/A
Revenue Next Year7.85%
Revenue Next 2Y7.93%
Revenue Next 3Y5.96%
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 stable.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 19.47, DY is valued on the expensive side.
Based on the Price/Earnings ratio, DY is valued cheaper than 82.93% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.02, DY is valued a bit cheaper.
With a Price/Forward Earnings ratio of 18.57, DY is valued on the expensive side.
DY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. DY is cheaper than 70.73% of the companies in the same industry.
DY's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 21.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.47 | ||
| Fwd PE | 18.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DY is valued cheaper than 87.80% 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 60.98% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 103.1 | ||
| EV/EBITDA | 10 |
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.
The excellent 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 14.00% in the coming years.
PEG (NY)4.02
PEG (5Y)0.9
EPS Next 2Y11.07%
EPS Next 3Y14%
5. Dividend
5.1 Amount
No dividends for DY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
DYCOM INDUSTRIES INC
NYSE:DY (4/29/2024, 7:04:00 PM)
After market: 143.48 0 (0%)143.48
+0.72 (+0.5%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap4.17B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.47 | ||
| Fwd PE | 18.57 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)4.02
PEG (5Y)0.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.7% | ||
| ROE | 20.76% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.74% | ||
| PM (TTM) | 5.24% | ||
| GM | 19.49% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.66
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.75 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.06 | ||
| Quick Ratio | 2.85 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)55.49%
EPS 3Y42.82%
EPS 5Y
EPS growth Q2Q
EPS Next Y4.85%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)9.64%
Revenue growth 3Y9.28%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y