Dycom Industries DY
United StatesIndustrials · Engineering & ConstructionUSD
520.91 USD (+84.4%)
11 analysts
Trading 2120.30 €Open account ↗
Lightyear0.90 €Open account ↗
N260.90 €Open account ↗
XTB1.00 €★ featured · affiliateOpen account ↗Trading 2120.30 €Open account ↗Lightyear0.90 €Open account ↗XTB1.00 €★ featured · affiliateOpen account ↗200.00 € order · cheapest cheapest available in your country iCompare all 22 brokers →What does it do?
Dycom Industries is a specialty contractor engaged in the construction, maintenance, and improvement of telecommunications infrastructure (fiber optic, 5G, and cable networks) for operators and utility companies in the United States.
Key points
from its scores- ✓Strong growth8.5
- ✕Little or no dividend1.5
- ✕Unfavourable risk and backdrop4.0
- !Average business quality5.2
AI analysis
bottom line, main risk, context and newsStrong growth and reasonable valuation offset the tight margin and lack of dividend.
Dycom shows exceptional revenue growth of 45.6% and a reasonable valuation (forward P/E of 13.59), with acceptable financial health (net debt/EBITDA of 2.89) and a return on equity of 19.2%, although its operating margin of 9.57% is modest and it pays no dividend.
Revenue concentration in a small number of large telecom operators, which can delay or cut their capex plans, is the biggest risk to Dycom's growth.
Context and risks
No recent news and no material exposure to current macro factors. The telecom infrastructure construction business is not dependent on short-term interest rates or commodities, and its debt (net debt/EBITDA of 2.89) is at a manageable level that does not make it vulnerable to the rise in long-term rates.
Is Dycom Industries stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades in line with the Industrials median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 25.8 | 25.4 | +1% |
| EV / EBITDA | 12.0 | 14.5 | −17% |
| Price / book | 4.1 | 4.1 | +2% |
| Price / sales | 1.2 | 2.1 | −40% |
Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.8 out of 10 (median for Industrials: 5.0).
Average analyst target: 520.91 USD, +84.4% versus the price.
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Industrials medianValuation
- P/E
- 25.8
- Forward P/E
- 13.6
- EV / EBITDA
- 12.0
- Price / book
- 4.1
- Price / sales
- 1.2
- PEG
- 3.50
- Market cap
- 8.5B USD
- Enterprise value
- 11.2B USD
Profitability
- ROE
- 19.2%
- ROA
- 7.1%
- ROIC (approx.)
- 12.9%
- Gross margin
- 20.5%
- Operating margin
- 9.6%
- Net margin
- 4.8%
- Free cash flow
- 326.6M USD
- FCF yield
- 3.8%
- Cash conversion
- 35%
Solvency
- Total debt
- 3.0B USD
- Net debt
- 2.7B USD
- Cash
- 351.7M USD
- EBITDA
- 932.0M USD
- Net debt / EBITDA
- 2.89
- Debt / equity
- 147.70
- Current ratio
- 2.35
- Quick ratio
- 2.21
Growth
- Revenue growth
- +45.6%
- Earnings growth
- +14.4%
- EPS (TTM)
- 10.95 USD
- EPS (forward)
- 20.78 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 1.50
- Analyst consensus
- Strong buy (11)
- Target price
- 520.91 USD
- 52-week range
- 263.36 – 566.47
Recent news
All DY news →Compare it with its sector
All 388 in Industrials →Frequently asked questions about Dycom Industries
Is Dycom Industries stock cheap or expensive?
On P/E and EV / EBITDA, it trades in line with the Industrials median (within 15%). Valuation score: 5.8 out of 10 (median for Industrials: 5.0). Average analyst target: 520.91 USD, +84.4% versus the price. This is not investment advice.
What score does Dycom Industries get on MeridIAn Screener?
It scores 5.1 out of 10, rank 1,644 of 2,130 (better than 21% of the companies analysed). Its strongest category is Growth (8.5) and its weakest, Dividend (1.5). Analysis of 08/10/2026.
What is Dycom Industries's P/E ratio?
Its P/E is 25.8: the share price equals 25.8 times earnings per share over the last 12 months. The Industrials median is 25.4. Based on the earnings analysts expect, the forward P/E is 13.6.
How much is Dycom Industries worth on the stock market?
Its market capitalisation is 8.5B USD and its enterprise value, debt included, is 11.2B USD.
How much debt does Dycom Industries have?
Its net debt (debt minus cash) is 2.7B USD. That is 2.89 times its EBITDA; the Industrials median is 1.58.
Does Dycom Industries pay a dividend?
It pays no dividend, or almost none.
How has Dycom Industries stock performed over the last year?
It has fallen 0.7% over the last year, excluding dividends. Over the last 52 weeks it has traded between 263.36 and 566.47 USD. Past performance does not guarantee future results.
What do analysts think of Dycom Industries?
11 analysts cover it; their average recommendation is “Strong buy” and their average target is 520.91 USD (+84.4% versus the price). It is an estimate, not market data.