Dycom Industries, Inc. provides specialty contracting services in the United States.
Moderate growth potential with imperfect balance sheet.
Share Price & News
How has Dycom Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DY's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: DY underperformed the US Construction industry which returned 6.3% over the past year.
Return vs Market: DY underperformed the US Market which returned 16.4% over the past year.
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
3 months ago | Simply Wall StShould Dycom Industries, Inc.'s (NYSE:DY) Recent Earnings Decline Worry You?
4 months ago | Simply Wall StWhat Is Dycom Industries's (NYSE:DY) P/E Ratio After Its Share Price Rocketed?
4 months ago | Simply Wall StIs Dycom Industries, Inc.'s (NYSE:DY) CEO Being Overpaid?
Is Dycom Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DY ($46.95) is trading above our estimate of fair value ($35.93)
Significantly Below Fair Value: DY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DY is poor value based on its PE Ratio (140.8x) compared to the US Construction industry average (15.4x).
PE vs Market: DY is poor value based on its PE Ratio (140.8x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: DY is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: DY is overvalued based on its PB Ratio (1.8x) compared to the US Construction industry average (1.7x).
How is Dycom Industries forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DY's forecast earnings growth (85.5% per year) is above the savings rate (2.2%).
Earnings vs Market: DY's earnings (85.5% per year) are forecast to grow faster than the US market (23.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: DY's revenue (4.5% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: DY's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DY's Return on Equity is forecast to be low in 3 years time (10%).
How has Dycom Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DY has a large one-off loss of $30.9M impacting its April 25 2020 financial results.
Growing Profit Margin: DY's current net profit margins (0.3%) are lower than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: DY's earnings have declined by 11.9% per year over the past 5 years.
Accelerating Growth: DY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DY had negative earnings growth (-82.5%) over the past year, making it difficult to compare to the Construction industry average (16.8%).
Return on Equity
High ROE: DY's Return on Equity (1.3%) is considered low.
How is Dycom Industries's financial position?
Financial Position Analysis
Short Term Liabilities: DY's short term assets ($1.9B) exceed its short term liabilities ($428.3M).
Long Term Liabilities: DY's short term assets ($1.9B) exceed its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: DY's debt to equity ratio (166.3%) is considered high.
Reducing Debt: DY's debt to equity ratio has increased from 85.9% to 166.3% over the past 5 years.
Debt Coverage: DY's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: DY's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Dycom Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DY's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DY's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DY's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DY's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DY's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Nielsen (57 yo)
Mr. Steven E. Nielsen, also known as Steve, has been the Chief Executive Officer and President at Dycom Industries Inc. since March 1999 and August 1996 respectively. Mr. Nielsen serves as the Chairman at ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD3.89M) is about average for companies of similar size in the US market ($USD4.53M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Senior VP||12.33yrs||US$1.58m||0.44% |
|Executive VP & COO||18.92yrs||US$2.42m||0.77% |
|VP, General Counsel & Corporate Secretary||1.83yrs||US$1.01m||0.0036% |
|VP & Chief Human Resources Officer||1.92yrs||US$779.46k||0.0028% |
|VP & Chief Accounting Officer||1.75yrs||no data||0.0016% |
|Vice President of Business Process||1.75yrs||no data||no data|
Experienced Management: DY's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
|Independent Director||5.25yrs||US$259.40k||0.023% |
|Independent Director||9.58yrs||US$255.53k||0.078% |
|Independent Director||12.25yrs||US$261.65k||0.093% |
|Independent Director||4.5yrs||US$251.15k||0.019% |
|Lead Independent Director||0.75yr||US$234.48k||0.025% |
|Independent Director||1.75yrs||US$246.12k||0.015% |
Experienced Board: DY's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Dycom Industries, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Dycom Industries, Inc.
- Ticker: DY
- Exchange: NYSE
- Founded: 1969
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: US$1.485b
- Shares outstanding: 31.63m
- Website: https://www.dycomind.com
Number of Employees
- Dycom Industries, Inc.
- 11780 US Highway 1
- Suite 600
- Palm Beach Gardens
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DY||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1972|
|DYI||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1972|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/11 00:16|
|End of Day Share Price||2020/08/10 00:00|
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.