(DY) Dycom Industries - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NYSE (USA) | Market Cap: 12.408m USD | Total Return: 80.5% in 12m
Avg Turnover: 181M
EPS Trend: 95.1%
Qual. Beats: 3
Rev. Trend: 98.5%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Dycom Industries, Inc. (NYSE: DY) is a specialty contracting firm providing critical infrastructure services to the telecommunications and utility sectors across the United States. The company specializes in the engineering, construction, and maintenance of fiber optic, copper, and coaxial cable systems for major carriers and cable operators.
The business model relies heavily on long-term master service agreements, which create recurring revenue streams through ongoing network upgrades and maintenance. As a key player in the digital infrastructure space, Dycom benefits from the cyclical deployment of 5G wireless technology and the continued expansion of high-speed broadband to rural and underserved areas.
In addition to telecommunications, the company provides underground facility locating and equipment installation for electric and gas utilities. Investors can find more detailed valuation metrics and peer comparisons on ValueRay.
- Accelerated fiber optic deployment by major telecommunications carriers increases contract revenue
- Government funding via BEAD program creates long-term demand for rural broadband
- Labor shortages and rising wage costs pressure margins for specialty contracting services
- Concentration of revenue among top five customers creates significant contract renewal risk
- Expansion of 5G wireless infrastructure drives demand for small cell site placement
| Net Income: 281.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 3.37 > 1.0 |
| NWC/Revenue: 31.55% < 20% (prev 23.55%; Δ 8.00% < -1%) |
| CFO/TA 0.11 > 3% & CFO 642.5m > Net Income 281.2m |
| Net Debt (2.46b) to EBITDA (964.2m): 2.55 < 3 |
| Current Ratio: 2.74 > 1.5 & < 3 |
| Outstanding Shares: last quarter (29.4m) vs 12m ago -0.12% < -2% |
| Gross Margin: 20.56% > 18% (prev 0.16%; Δ 2.04k% > 0.5%) |
| Asset Turnover: 124.3% > 50% (prev 159.6%; Δ -35.36% > 0%) |
| Interest Coverage Ratio: 10.44 > 6 (EBITDA TTM 964.2m / Interest Expense TTM 66.5m) |
| A: 0.29 (Total Current Assets 2.76b - Total Current Liabilities 1.01b) / Total Assets 5.98b |
| B: 0.25 (Retained Earnings 1.47b / Total Assets 5.98b) |
| C: 0.16 (EBIT TTM 694.6m / Avg Total Assets 4.46b) |
| D: 0.36 (Book Value of Equity 1.48b / Total Liabilities 4.12b) |
| Altman-Z'' = 4.14 = AA |
| DSRI: 1.11 (Receivables 1.88b/1.44b, Revenue 5.55b/4.70b) |
| GMI: 0.76 (GM 20.56% / 15.60%) |
| AQI: 2.05 (AQ_t 0.41 / AQ_t-1 0.20) |
| SGI: 1.18 (Revenue 5.55b / 4.70b) |
| TATA: -0.06 (NI 281.2m - CFO 642.5m) / TA 5.98b) |
| Beneish M = -2.47 (Cap -4..+1) = BBB |
As of May 25, 2026, the stock is trading at USD 411.20 with a total of 442,677 shares traded.
Over the past week, the price has changed by -5.98%,
over one month by +0.12%,
over three months by -4.06% and
over the past year by +80.54%.
Dycom Industries has received a consensus analysts rating of 4.89. Therefore, it is recommended to buy DY.
- StrongBuy: 8
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 473.8 | 15.2% |
P/E Trailing = 43.2827
P/E Forward = 31.1526
P/S = 2.2374
P/B = 6.9157
P/EG = 3.5018
Revenue TTM = 5.55b USD
EBIT TTM = 694.6m USD
EBITDA TTM = 964.2m USD
Long Term Debt = 2.81b USD (from longTermDebt, last quarter)
Short Term Debt = 46.3m USD (from shortTermDebt, last quarter)
Debt = 3.17b USD (from shortLongTermDebtTotal, last quarter) + Leases 177.5m
Net Debt = 2.46b USD (calculated: Debt 3.17b - CCE 709.2m)
Enterprise Value = 14.9b USD (12.4b + Debt 3.17b - CCE 709.2m)
Interest Coverage Ratio = 10.44 (Ebit TTM 694.6m / Interest Expense TTM 66.5m)
EV/FCF = 37.01x (Enterprise Value 14.9b / FCF TTM 401.7m)
FCF Yield = 2.70% (FCF TTM 401.7m / Enterprise Value 14.9b)
FCF Margin = 7.24% (FCF TTM 401.7m / Revenue TTM 5.55b)
Net Margin = 5.07% (Net Income TTM 281.2m / Revenue TTM 5.55b)
Gross Margin = 20.56% ((Revenue TTM 5.55b - Cost of Revenue TTM 4.41b) / Revenue TTM)
Gross Margin QoQ = 30.63% (prev 17.77%)
Tobins Q-Ratio = 2.49 (Enterprise Value 14.9b / Total Assets 5.98b)
Interest Expense / Debt = 2.10% (Interest Expense 66.5m / Debt 3.17b)
Taxrate = 8.95% (1.60m / 17.9m)
NOPAT = 632.4m (EBIT 694.6m * (1 - 8.95%))
Current Ratio = 2.74 (Total Current Assets 2.76b / Total Current Liabilities 1.01b)
Debt / Equity = 1.70 (Debt 3.17b / totalStockholderEquity, last quarter 1.86b)
Debt / EBITDA = 2.55 (Net Debt 2.46b / EBITDA 964.2m)
Debt / FCF = 6.12 (Net Debt 2.46b / FCF TTM 401.7m)
Total Stockholder Equity = 1.49b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.30% (Net Income 281.2m / Total Assets 5.98b)
RoE = 18.81% (Net Income TTM 281.2m / Total Stockholder Equity 1.49b)
RoCE = 16.14% (EBIT 694.6m / Capital Employed (Equity 1.49b + L.T.Debt 2.81b))
RoIC = 12.60% (NOPAT 632.4m / Invested Capital 5.02b)
WACC = 8.54% (E(12.4b)/V(15.6b) * Re(10.23%) + D(3.17b)/V(15.6b) * Rd(2.10%) * (1-Tc(0.09)))
Discount Rate = 10.23% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -67.42 | Cagr: -0.44%
[DCF] Terminal Value 77.37% ; FCFF base≈280.5m ; Y1≈321.5m ; Y5≈473.2m
[DCF] Fair Price = 147.7 (EV 6.89b - Net Debt 2.46b = Equity 4.43b / Shares 30.0m; r=8.54% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 95.11 | EPS CAGR: 19.79% | SUE: 1.08 | # QB: 3
Revenue Correlation: 98.54 | Revenue CAGR: 12.17% | SUE: 2.97 | # QB: 2
EPS current Quarter (2026-07-31): EPS=4.10 | Chg30d=+0.69% | Revisions=-11% | Analysts=9
EPS current Year (2027-01-31): EPS=14.26 | Chg30d=+0.18% | Revisions=+9% | GrowthEPS=+19.1% | GrowthRev=+27.4%
EPS next Year (2028-01-31): EPS=17.18 | Chg30d=-0.31% | Revisions=+11% | GrowthEPS=+20.5% | GrowthRev=+9.6%
[Analyst] Revisions Ratio: -11%