DYCOM INDUSTRIES INC (DY) Stock Fundamental Analysis
USA - NYSE:DY - US2674751019 - Common Stock
291.96 USD
+5.58 (+1.95%)
291.96 USD
0 (0%)
DY gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 55 industry peers in the Construction & Engineering industry. DY gets an excellent profitability rating and is at the same time showing great financial health properties. DY is not valued too expensively and it also shows a decent growth rate. These ratings could make DY a good candidate 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.
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 8.11%, DY is doing good in the industry, outperforming 74.55% of the companies in the same industry.
With a decent Return On Equity value of 19.05%, DY is doing good in the industry, outperforming 72.73% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 10.89%, DY is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for DY is significantly below the industry average of 17.10%.
The last Return On Invested Capital (10.89%) for DY is above the 3 year average (10.49%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.11% | ||
| ROE | 19.05% | ||
| ROIC | 10.89% |
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 better Profit Margin (5.23%) than 69.09% of its industry peers.
In the last couple of years the Profit Margin of DY has grown nicely.
With a decent Operating Margin value of 7.54%, DY is doing good in the industry, outperforming 65.45% of the companies in the same industry.
DY's Operating Margin has improved in the last couple of years.
DY has a better Gross Margin (20.35%) than 61.82% of its industry peers.
DY's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.54% | ||
| PM (TTM) | 5.23% | ||
| GM | 20.35% |
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
DY has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for DY has been reduced compared to 1 year ago.
DY has less shares outstanding than it did 5 years ago.
DY has a better debt/assets ratio than last year.
2.2 Solvency
DY has an Altman-Z score of 5.76. This indicates that DY is financially healthy and has little risk of bankruptcy at the moment.
DY has a Altman-Z score of 5.76. This is in the better half of the industry: DY outperforms 78.18% of its industry peers.
The Debt to FCF ratio of DY is 8.35, which is on the high side as it means it would take DY, 8.35 years of fcf income to pay off all of its debts.
DY has a Debt to FCF ratio (8.35) which is in line with its industry peers.
DY has a Debt/Equity ratio of 0.74. This is a neutral value indicating DY is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.74, DY is in line with its industry, outperforming 45.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 8.35 | ||
| Altman-Z | 5.76 |
ROIC/WACC1.09
WACC9.99%
2.3 Liquidity
A Current Ratio of 3.16 indicates that DY has no problem at all paying its short term obligations.
DY has a Current ratio of 3.16. This is amongst the best in the industry. DY outperforms 94.55% of its industry peers.
A Quick Ratio of 2.96 indicates that DY has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 2.96, DY belongs to the top of the industry, outperforming 96.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.16 | ||
| Quick Ratio | 2.96 |
3. Growth
3.1 Past
DY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 13.19%, 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 12.61%.
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
The Earnings Per Share is expected to grow by 19.11% on average over the next years. This is quite good.
Based on estimates for the next years, DY will show a quite strong growth in Revenue. The Revenue will grow by 11.09% on average per year.
EPS Next Y24.72%
EPS Next 2Y18.55%
EPS Next 3Y19.11%
EPS Next 5YN/A
Revenue Next Year15.14%
Revenue Next 2Y11.75%
Revenue Next 3Y11.09%
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
DY is valuated quite expensively with a Price/Earnings ratio of 31.50.
DY's Price/Earnings ratio is a bit cheaper when compared to the industry. DY is cheaper than 65.45% of the companies in the same industry.
DY's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.89.
DY is valuated rather expensively with a Price/Forward Earnings ratio of 24.64.
Based on the Price/Forward Earnings ratio, DY is valued a bit cheaper than 69.09% of the companies in the same industry.
DY is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.5 | ||
| Fwd PE | 24.64 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, DY is valued a bit cheaper than the industry average as 74.55% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DY is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 68.59 | ||
| EV/EBITDA | 15.69 |
4.3 Compensation for Growth
The 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 19.11% 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 3Y19.11%
5. Dividend
5.1 Amount
No dividends for DY!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
291.96
+5.58 (+1.95%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners96.22%
Inst Owner Change0.11%
Ins Owners1.18%
Ins Owner Change0.35%
Market Cap8.45B
Revenue(TTM)4.99B
Net Income(TTM)260.99M
Analysts85.88
Price Target309.44 (5.99%)
Short Float %4.25%
Short Ratio3
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)17.06%
Min EPS beat(2)11.6%
Max EPS beat(2)22.52%
EPS beat(4)4
Avg EPS beat(4)17.8%
Min EPS beat(4)10.79%
Max EPS beat(4)26.28%
EPS beat(8)7
Avg EPS beat(8)18.61%
EPS beat(12)11
Avg EPS beat(12)73.15%
EPS beat(16)15
Avg EPS beat(16)85.69%
Revenue beat(2)1
Avg Revenue beat(2)-1.32%
Min Revenue beat(2)-4.97%
Max Revenue beat(2)2.33%
Revenue beat(4)3
Avg Revenue beat(4)0.07%
Min Revenue beat(4)-4.97%
Max Revenue beat(4)2.6%
Revenue beat(8)5
Avg Revenue beat(8)-0.26%
Revenue beat(12)8
Avg Revenue beat(12)1.41%
Revenue beat(16)12
Avg Revenue beat(16)1.96%
PT rev (1m)0.87%
PT rev (3m)10.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.44%
EPS NY rev (1m)0%
EPS NY rev (3m)6.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.5 | ||
| Fwd PE | 24.64 | ||
| P/S | 1.69 | ||
| P/FCF | 68.59 | ||
| P/OCF | 21.26 | ||
| P/B | 6.17 | ||
| P/tB | 10.05 | ||
| EV/EBITDA | 15.69 |
EPS(TTM)9.27
EY3.18%
EPS(NY)11.85
Fwd EY4.06%
FCF(TTM)4.26
FCFY1.46%
OCF(TTM)13.73
OCFY4.7%
SpS172.47
BVpS47.31
TBVpS29.06
PEG (NY)1.27
PEG (5Y)1.05
Graham Number99.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.11% | ||
| ROE | 19.05% | ||
| ROCE | 14.44% | ||
| ROIC | 10.89% | ||
| ROICexc | 11.01% | ||
| ROICexgc | 13.85% | ||
| OM | 7.54% | ||
| PM (TTM) | 5.23% | ||
| GM | 20.35% | ||
| FCFM | 2.47% |
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-Score6
Asset Turnover1.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.74 | ||
| Debt/FCF | 8.35 | ||
| Debt/EBITDA | 1.67 | ||
| Cap/Depr | 121.33% | ||
| Cap/Sales | 5.49% | ||
| Interest Coverage | 6.25 | ||
| Cash Conversion | 65.96% | ||
| Profit Quality | 47.22% | ||
| Current Ratio | 3.16 | ||
| Quick Ratio | 2.96 | ||
| Altman-Z | 5.76 |
F-Score6
WACC9.99%
ROIC/WACC1.09
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 3Y19.11%
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 3Y11.09%
Revenue Next 5YN/A
EBIT growth 1Y8.43%
EBIT growth 3Y60.34%
EBIT growth 5Y23.35%
EBIT Next Year106.26%
EBIT Next 3Y34.9%
EBIT Next 5YN/A
FCF growth 1Y12181.2%
FCF growth 3Y-13.37%
FCF growth 5YN/A
OCF growth 1Y86.71%
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 7 / 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 24.72% in the next year.