(DY) Dycom Industries - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NYSE (USA) | Market Cap: 10.693m USD | Total Return: 170.8% in 12m
Industry Rotation: +7.2
Avg Turnover: 127M USD
Peers RS (IBD): 66.3
EPS Trend: 57.6%
Qual. Beats: 3
Rev. Trend: 89.9%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
Pead
Dycom Industries Inc. provides telecommunications infrastructure and utility contracting services. This includes engineering, construction, maintenance, and installation for fiber optic, copper, and coaxial cable systems.
The companys services support wireless network deployment (macro and small cell sites) and provide utility locating for various infrastructure types (telephone, cable, power, water, sewer, gas). The telecommunications infrastructure sector is characterized by ongoing capital expenditures for network upgrades and expansion, particularly in fiber and 5G technologies.
Dycom also offers construction and maintenance for electric and gas utilities. The business model relies on recurring service contracts and project-based work within essential infrastructure sectors.
To gain a deeper understanding of Dycoms operational performance and financial health, further research on ValueRay is recommended.
- Fiber optic network buildouts drive demand
- Wireless carrier infrastructure spending impacts revenue
- Labor and material costs influence profitability
- Interest rate hikes affect utility capital expenditures
- Regulatory changes in telecom infrastructure pose risks
| 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 (2.28b) to EBITDA (964.2m): 2.37 < 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'' Score: 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-Score: -2.47 (Cap -4..+1) = BBB |
Over the past week, the price has changed by +9.66%, over one month by +5.75%, over three months by +12.16% and over the past year by +170.81%.
- StrongBuy: 8
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 467.9 | 22.8% |
P/E Forward = 31.1526
P/S = 1.9281
P/B = 5.6123
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 = 2.99b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.28b USD (from netDebt column, last quarter)
Enterprise Value = 12.98b USD (10.69b + Debt 2.99b - CCE 709.2m)
Interest Coverage Ratio = 10.44 (Ebit TTM 694.6m / Interest Expense TTM 66.5m)
EV/FCF = 32.30x (Enterprise Value 12.98b / FCF TTM 401.7m)
FCF Yield = 3.10% (FCF TTM 401.7m / Enterprise Value 12.98b)
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 = 2.17 (Enterprise Value 12.98b / Total Assets 5.98b)
Interest Expense / Debt = 0.77% (Interest Expense 23.1m / Debt 2.99b)
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 = 1.61 (Debt 2.99b / totalStockholderEquity, last quarter 1.86b)
Debt / EBITDA = 2.37 (Net Debt 2.28b / EBITDA 964.2m)
Debt / FCF = 5.68 (Net Debt 2.28b / 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 = 21.45% (NOPAT 632.4m / Invested Capital 2.95b)
WACC = 7.79% (E(10.69b)/V(13.69b) * Re(9.77%) + D(2.99b)/V(13.69b) * Rd(0.77%) * (1-Tc(0.09)))
Discount Rate = 9.77% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -0.10%
[DCF] Terminal Value 71.68% ; FCFF base≈280.5m ; Y1≈184.2m ; Y5≈84.2m
[DCF] Fair Price = N/A (negative equity: EV 1.74b - Net Debt 2.28b = -545.7m; debt exceeds intrinsic value)
EPS Correlation: 57.57 | EPS CAGR: 35.48% | SUE: 1.08 | # QB: 3
Revenue Correlation: 89.89 | Revenue CAGR: 14.53% | SUE: 2.97 | # QB: 2
EPS next Quarter (2026-07-31): EPS=4.10 | Chg7d=+0.028 | Chg30d=-0.469 | Revisions Net=-1 | Analysts=9
EPS current Year (2027-01-31): EPS=14.26 | Chg7d=+0.026 | Chg30d=+0.644 | Revisions Net=+1 | Growth EPS=+19.1% | Growth Revenue=+27.0%
EPS next Year (2028-01-31): EPS=17.18 | Chg7d=-0.053 | Chg30d=+0.369 | Revisions Net=+1 | Growth EPS=+20.5% | Growth Revenue=+9.8%
[Analyst] Revisions Ratio: -0.20 (2 Up / 3 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 7.1% (Discount Rate 9.8% - Earnings Yield 2.7%)
[Growth] Growth Spread = +21.8% (Analyst 28.9% - Implied 7.1%)