NYSE:DY

Stock Analysis Report

Executive Summary

Dycom Industries, Inc. provides specialty contracting services in the United States.

Snowflake

Fundamentals

Moderate growth potential and slightly overvalued.

Risks

  • Dycom Industries has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Dycom Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-8.8%

NYSE:DY

-0.4%

US Construction

0.2%

US Market


1 Year Return

-43.9%

NYSE:DY

-13.6%

US Construction

-0.7%

US Market

DY underperformed the Construction industry which returned -12.8% over the past year.

DY underperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

DYIndustryMarket
7 Day-8.8%-0.4%0.2%
30 Day-18.7%-8.0%-2.7%
90 Day-20.6%-2.9%1.6%
1 Year-43.9%-43.9%-13.0%-13.6%1.6%-0.7%
3 Year-53.0%-53.0%7.1%4.9%40.0%30.9%
5 Year42.5%42.5%-1.9%-5.1%53.8%36.8%

Price Volatility Vs. Market

How volatile is Dycom Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Dycom Industries undervalued based on future cash flows and its price relative to the stock market?

22.56x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Dycom Industries's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Dycom Industries's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Dycom Industries is overvalued based on earnings compared to the US Construction industry average.

Dycom Industries is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Dycom Industries is good value based on expected growth next year.


Price Based on Value of Assets

Dycom Industries is good value based on assets compared to the US Construction industry average.


Next Steps

Future Growth

How is Dycom Industries expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

29.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Dycom Industries's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).

Dycom Industries's earnings are expected to grow significantly at over 20% yearly.

Dycom Industries's revenue growth is positive but not above the United States of America market average.

Dycom Industries's earnings growth is expected to exceed the United States of America market average.

Dycom Industries's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Dycom Industries is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Dycom Industries performed over the past 5 years?

12.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Dycom Industries's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Dycom Industries's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Dycom Industries's 1-year earnings growth is negative, it can't be compared to the US Construction industry average.


Return on Equity

Dycom Industries has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Dycom Industries used its assets less efficiently than the US Construction industry average last year based on Return on Assets.


Return on Capital Employed

Dycom Industries's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Dycom Industries's financial position?


Financial Position Analysis

Dycom Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Dycom Industries's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Dycom Industries's level of debt (107%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (87.8% vs 107% today).

Debt is not well covered by operating cash flow (5%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.3x debt.


Next Steps

Dividend

What is Dycom Industries's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Dycom Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Dycom Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Dycom Industries has not reported any payouts.

Unable to verify if Dycom Industries's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Dycom Industries has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Dycom Industries's salary, the management and board of directors tenure and is there insider trading?

0.9yrs

Average management tenure


CEO

Steve Nielsen (56yo)

20.4yrs

Tenure

US$3,873,949

Compensation

Mr. Steven E. Nielsen, also known as Steve, has been the Chief Executive Officer and President at Dycom Industries Inc. since March 1999 and August 1996 respectively. Mr. Nielsen serves as the Chairman at  ...


CEO Compensation Analysis

Steve's remuneration is about average for companies of similar size in United States of America.

Steve's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

0.9yrs

Average Tenure

50yo

Average Age

The average tenure for the Dycom Industries management team is less than 2 years, this suggests a new team.


Board Age and Tenure

4.3yrs

Average Tenure

62yo

Average Age

The tenure for the Dycom Industries board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Steve Nielsen (56yo)

    Chairman

    • Tenure: 20.4yrs
    • Compensation: US$3.87m
  • Timothy Estes (65yo)

    Executive VP & COO

    • Tenure: 17.9yrs
    • Compensation: US$2.38m
  • Ryan Urness (47yo)

    VP, General Counsel & Corporate Secretary

    • Tenure: 0.8yrs
  • Drew DeFerrari (50yo)

    Senior VP

    • Tenure: 11.3yrs
    • Compensation: US$1.64m
  • Rebecca Roach (44yo)

    Vice President of Business Process

    • Tenure: 0.8yrs
  • Sharon Villaverde (45yo)

    VP & Chief Accounting Officer

    • Tenure: 0.8yrs
  • Scott Horton (55yo)

    VP & Chief Human Resources Officer

    • Tenure: 0.9yrs
    • Compensation: US$1.15m

Board Members

  • Laurie Thomsen (62yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$254.44k
  • Steve Nielsen (56yo)

    Chairman

    • Tenure: 20.4yrs
    • Compensation: US$3.87m
  • Dwight Duke (67yo)

    Independent Director

    • Tenure: 8.6yrs
    • Compensation: US$247.74k
  • Patricia Higgins (69yo)

    Independent Director

    • Tenure: 11.3yrs
    • Compensation: US$258.30k
  • Anders Gustafsson (59yo)

    Independent Director

    • Tenure: 5.8yrs
    • Compensation: US$236.26k
  • Steve Coley (74yo)

    Lead Director

    • Tenure: 0.0yrs
    • Compensation: US$262.76k
  • Eitan Gertel (57yo)

    Independent Director

    • Tenure: 3.5yrs
    • Compensation: US$245.55k
  • Richard Sykes (59yo)

    Independent Director

    • Tenure: 1.4yrs
    • Compensation: US$227.94k
  • Peter Pruitt (62yo)

    Director

    • Tenure: 0.8yrs
    • Compensation: US$77.10k

Company Information

Dycom Industries, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dycom Industries, Inc.
  • Ticker: DY
  • Exchange: NYSE
  • Founded: 1969
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: US$1.360b
  • Shares outstanding: 31.48m
  • Website: https://www.dycomind.com

Number of Employees


Location

  • Dycom Industries, Inc.
  • 11780 US Highway 1
  • Suite 600
  • Palm Beach Gardens
  • Florida
  • 33408
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DYNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1972
DYIDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1972

Biography

Dycom Industries, Inc. provides specialty contracting services in the United States. The company offers various specialty contracting services, including program management, engineering, construction, main ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 23:34
End of Day Share Price2019/08/20 00:00
Earnings2019/04/27
Annual Earnings2019/01/26


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.