Intrinsic value of Dycom Industries - DY

Previous Close

$79.97

  Intrinsic Value

$189.13

stock screener

  Rating & Target

str. buy

+136%

  Value-price divergence*

-67%

Previous close

$79.97

 
Intrinsic value

$189.13

 
Up/down potential

+136%

 
Rating

str. buy

 
Value-price divergence*

-67%

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of DY stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 2.5

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  32.20
  25.40
  23.36
  21.52
  19.87
  18.38
  17.05
  15.84
  14.76
  13.78
  12.90
  12.11
  11.40
  10.76
  10.19
  9.67
  9.20
  8.78
  8.40
  8.06
  7.76
  7.48
  7.23
  7.01
  6.81
  6.63
  6.46
  6.32
  6.19
  6.07
  5.96
Revenue, $m
  2,673
  3,352
  4,135
  5,025
  6,024
  7,131
  8,346
  9,669
  11,095
  12,625
  14,254
  15,980
  17,802
  19,718
  21,726
  23,826
  26,019
  28,303
  30,681
  33,155
  35,726
  38,398
  41,175
  44,061
  47,061
  50,180
  53,424
  56,799
  60,313
  63,972
  67,786
Variable operating expenses, $m
 
  2,949
  3,630
  4,405
  5,274
  6,238
  7,296
  8,447
  9,688
  11,019
  12,437
  13,909
  15,495
  17,162
  18,911
  20,739
  22,647
  24,635
  26,705
  28,858
  31,096
  33,422
  35,839
  38,351
  40,962
  43,677
  46,500
  49,438
  52,496
  55,682
  59,001
Fixed operating expenses, $m
 
  89
  91
  94
  96
  98
  101
  103
  106
  109
  111
  114
  117
  120
  123
  126
  129
  132
  136
  139
  143
  146
  150
  154
  157
  161
  165
  169
  174
  178
  182
Total operating expenses, $m
  2,442
  3,038
  3,721
  4,499
  5,370
  6,336
  7,397
  8,550
  9,794
  11,128
  12,548
  14,023
  15,612
  17,282
  19,034
  20,865
  22,776
  24,767
  26,841
  28,997
  31,239
  33,568
  35,989
  38,505
  41,119
  43,838
  46,665
  49,607
  52,670
  55,860
  59,183
Operating income, $m
  231
  314
  413
  527
  654
  795
  950
  1,119
  1,301
  1,496
  1,705
  1,957
  2,190
  2,435
  2,693
  2,962
  3,243
  3,536
  3,840
  4,158
  4,487
  4,830
  5,186
  5,557
  5,942
  6,342
  6,758
  7,192
  7,643
  8,113
  8,602
EBITDA, $m
  356
  400
  512
  640
  783
  943
  1,118
  1,308
  1,514
  1,735
  1,970
  2,219
  2,482
  2,759
  3,049
  3,353
  3,669
  4,000
  4,344
  4,701
  5,073
  5,460
  5,862
  6,279
  6,713
  7,165
  7,634
  8,123
  8,632
  9,162
  9,714
Interest expense (income), $m
  16
  25
  35
  47
  60
  75
  92
  110
  130
  152
  175
  199
  225
  253
  281
  312
  343
  376
  411
  447
  484
  522
  563
  605
  648
  693
  740
  789
  840
  893
  948
Earnings before tax, $m
  206
  290
  379
  480
  593
  720
  858
  1,008
  1,171
  1,345
  1,530
  1,758
  1,965
  2,183
  2,411
  2,650
  2,900
  3,159
  3,430
  3,711
  4,004
  4,308
  4,624
  4,952
  5,294
  5,649
  6,018
  6,403
  6,803
  7,220
  7,654
Tax expense, $m
  77
  78
  102
  130
  160
  194
  232
  272
  316
  363
  413
  475
  531
  589
  651
  716
  783
  853
  926
  1,002
  1,081
  1,163
  1,248
  1,337
  1,429
  1,525
  1,625
  1,729
  1,837
  1,949
  2,067
Net income, $m
  129
  211
  276
  350
  433
  525
  626
  736
  855
  982
  1,117
  1,283
  1,434
  1,594
  1,760
  1,935
  2,117
  2,306
  2,504
  2,709
  2,923
  3,145
  3,375
  3,615
  3,864
  4,124
  4,393
  4,674
  4,966
  5,270
  5,588

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  34
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  1,720
  2,115
  2,609
  3,170
  3,800
  4,499
  5,266
  6,100
  7,000
  7,965
  8,993
  10,082
  11,232
  12,440
  13,707
  15,032
  16,415
  17,857
  19,357
  20,918
  22,540
  24,226
  25,978
  27,799
  29,691
  31,659
  33,706
  35,835
  38,052
  40,361
  42,767
Adjusted assets (=assets-cash), $m
  1,686
  2,115
  2,609
  3,170
  3,800
  4,499
  5,266
  6,100
  7,000
  7,965
  8,993
  10,082
  11,232
  12,440
  13,707
  15,032
  16,415
  17,857
  19,357
  20,918
  22,540
  24,226
  25,978
  27,799
  29,691
  31,659
  33,706
  35,835
  38,052
  40,361
  42,767
Revenue / Adjusted assets
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
  1.585
Average production assets, $m
  438
  550
  678
  824
  988
  1,169
  1,369
  1,586
  1,820
  2,070
  2,338
  2,621
  2,920
  3,234
  3,563
  3,908
  4,267
  4,642
  5,032
  5,437
  5,859
  6,297
  6,753
  7,226
  7,718
  8,229
  8,761
  9,315
  9,891
  10,491
  11,117
Working capital, $m
  528
  637
  786
  955
  1,144
  1,355
  1,586
  1,837
  2,108
  2,399
  2,708
  3,036
  3,382
  3,746
  4,128
  4,527
  4,944
  5,378
  5,829
  6,299
  6,788
  7,296
  7,823
  8,372
  8,942
  9,534
  10,151
  10,792
  11,459
  12,155
  12,879
Total debt, $m
  719
  998
  1,335
  1,718
  2,148
  2,624
  3,147
  3,716
  4,330
  4,988
  5,689
  6,432
  7,216
  8,040
  8,904
  9,808
  10,751
  11,734
  12,758
  13,822
  14,928
  16,078
  17,273
  18,515
  19,806
  21,148
  22,543
  23,996
  25,508
  27,082
  28,723
Total liabilities, $m
  1,162
  1,442
  1,779
  2,162
  2,592
  3,068
  3,591
  4,160
  4,774
  5,432
  6,133
  6,876
  7,660
  8,484
  9,348
  10,252
  11,195
  12,178
  13,202
  14,266
  15,372
  16,522
  17,717
  18,959
  20,250
  21,592
  22,987
  24,440
  25,952
  27,526
  29,167
Total equity, $m
  557
  673
  830
  1,008
  1,209
  1,431
  1,675
  1,940
  2,226
  2,533
  2,860
  3,206
  3,572
  3,956
  4,359
  4,780
  5,220
  5,678
  6,156
  6,652
  7,168
  7,704
  8,261
  8,840
  9,442
  10,068
  10,718
  11,396
  12,101
  12,835
  13,600
Total liabilities and equity, $m
  1,719
  2,115
  2,609
  3,170
  3,801
  4,499
  5,266
  6,100
  7,000
  7,965
  8,993
  10,082
  11,232
  12,440
  13,707
  15,032
  16,415
  17,856
  19,358
  20,918
  22,540
  24,226
  25,978
  27,799
  29,692
  31,660
  33,705
  35,836
  38,053
  40,361
  42,767
Debt-to-equity ratio
  1.291
  1.480
  1.610
  1.700
  1.780
  1.830
  1.880
  1.920
  1.950
  1.970
  1.990
  2.010
  2.020
  2.030
  2.040
  2.050
  2.060
  2.070
  2.070
  2.080
  2.080
  2.090
  2.090
  2.090
  2.100
  2.100
  2.100
  2.110
  2.110
  2.110
  2.110
Adjusted equity ratio
  0.310
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318
  0.318

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  129
  211
  276
  350
  433
  525
  626
  736
  855
  982
  1,117
  1,283
  1,434
  1,594
  1,760
  1,935
  2,117
  2,306
  2,504
  2,709
  2,923
  3,145
  3,375
  3,615
  3,864
  4,124
  4,393
  4,674
  4,966
  5,270
  5,588
Depreciation, amort., depletion, $m
  125
  86
  99
  113
  130
  148
  168
  190
  213
  238
  265
  262
  292
  323
  356
  391
  427
  464
  503
  544
  586
  630
  675
  723
  772
  823
  876
  932
  989
  1,049
  1,112
Funds from operations, $m
  227
  297
  375
  464
  563
  673
  794
  926
  1,068
  1,220
  1,382
  1,545
  1,726
  1,917
  2,117
  2,325
  2,543
  2,770
  3,007
  3,253
  3,509
  3,774
  4,051
  4,338
  4,636
  4,946
  5,269
  5,605
  5,955
  6,320
  6,699
Change in working capital, $m
  -34
  129
  149
  169
  190
  210
  231
  251
  271
  291
  310
  328
  346
  364
  382
  399
  416
  434
  452
  470
  489
  508
  528
  548
  570
  593
  616
  641
  668
  695
  725
Cash from operations, $m
  261
  168
  226
  295
  373
  463
  563
  675
  797
  929
  1,072
  1,217
  1,380
  1,553
  1,735
  1,926
  2,127
  2,336
  2,555
  2,783
  3,020
  3,267
  3,523
  3,789
  4,066
  4,354
  4,653
  4,964
  5,288
  5,624
  5,975
Maintenance CAPEX, $m
  0
  -44
  -55
  -68
  -82
  -99
  -117
  -137
  -159
  -182
  -207
  -234
  -262
  -292
  -323
  -356
  -391
  -427
  -464
  -503
  -544
  -586
  -630
  -675
  -723
  -772
  -823
  -876
  -932
  -989
  -1,049
New CAPEX, $m
  -186
  -112
  -128
  -146
  -164
  -182
  -199
  -217
  -234
  -251
  -267
  -283
  -299
  -314
  -329
  -344
  -360
  -375
  -390
  -406
  -422
  -438
  -455
  -473
  -492
  -511
  -532
  -554
  -576
  -600
  -625
Cash from investing activities, $m
  -333
  -156
  -183
  -214
  -246
  -281
  -316
  -354
  -393
  -433
  -474
  -517
  -561
  -606
  -652
  -700
  -751
  -802
  -854
  -909
  -966
  -1,024
  -1,085
  -1,148
  -1,215
  -1,283
  -1,355
  -1,430
  -1,508
  -1,589
  -1,674
Free cash flow, $m
  -72
  13
  43
  81
  127
  182
  247
  321
  404
  497
  598
  700
  819
  947
  1,082
  1,226
  1,377
  1,535
  1,701
  1,874
  2,055
  2,242
  2,438
  2,641
  2,852
  3,071
  3,298
  3,534
  3,780
  4,035
  4,300
Issuance/(repayment) of debt, $m
  309
  292
  337
  383
  430
  476
  523
  569
  614
  658
  701
  743
  784
  824
  864
  904
  943
  983
  1,023
  1,064
  1,106
  1,150
  1,195
  1,242
  1,291
  1,342
  1,396
  1,452
  1,512
  1,575
  1,641
Issuance/(repurchase) of shares, $m
  -93
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  84
  292
  337
  383
  430
  476
  523
  569
  614
  658
  701
  743
  784
  824
  864
  904
  943
  983
  1,023
  1,064
  1,106
  1,150
  1,195
  1,242
  1,291
  1,342
  1,396
  1,452
  1,512
  1,575
  1,641
Total cash flow (excl. dividends), $m
  13
  305
  380
  464
  557
  659
  770
  890
  1,018
  1,155
  1,299
  1,443
  1,603
  1,771
  1,946
  2,129
  2,320
  2,518
  2,724
  2,938
  3,161
  3,392
  3,633
  3,883
  4,142
  4,413
  4,694
  4,987
  5,292
  5,610
  5,941
Retained Cash Flow (-), $m
  -50
  -137
  -157
  -179
  -200
  -222
  -244
  -265
  -286
  -307
  -327
  -346
  -366
  -384
  -403
  -421
  -440
  -458
  -477
  -496
  -516
  -536
  -557
  -579
  -602
  -626
  -651
  -677
  -705
  -734
  -765
Prev. year cash balance distribution, $m
 
  21
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  190
  223
  285
  356
  437
  526
  624
  732
  848
  972
  1,097
  1,238
  1,387
  1,543
  1,708
  1,880
  2,060
  2,247
  2,442
  2,645
  2,856
  3,076
  3,304
  3,541
  3,787
  4,043
  4,309
  4,587
  4,875
  5,176
Discount rate, %
 
  6.50
  6.83
  7.17
  7.52
  7.90
  8.30
  8.71
  9.15
  9.60
  10.08
  10.59
  11.12
  11.67
  12.26
  12.87
  13.51
  14.19
  14.90
  15.64
  16.43
  17.25
  18.11
  19.01
  19.96
  20.96
  22.01
  23.11
  24.27
  25.48
  26.75
PV of cash for distribution, $m
 
  178
  195
  232
  267
  299
  326
  348
  363
  371
  372
  363
  349
  330
  306
  278
  247
  216
  184
  154
  126
  101
  79
  60
  45
  33
  23
  16
  10
  7
  4
Current shareholders' claim on cash, %
  100
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

Dycom Industries, Inc. provides specialty contracting services in the United States and Canada. The company offers various specialty contracting services, such as engineering, construction, maintenance, and installation services comprising placement and splicing of fiber, copper, and coaxial cables to telecommunications providers. It also provides tower construction, lines and antenna installation, and foundation and equipment pad construction for wireless carriers, as well as equipment installation and material fabrication, and site testing services; and installs and maintains customer premise equipment, such as digital video recorders, set top boxes, and modems for cable television system operators. In addition, the company offers underground facility locating services, such as locating telephone, cable television, power, water, sewer, and gas lines for various utility companies, including telecommunication providers. Further, it provides construction and maintenance services for electric and gas utilities, and other customers. Dycom Industries, Inc. was founded in 1969 and is based in Palm Beach Gardens, Florida.

FINANCIAL RATIOS  of  Dycom Industries (DY)

Valuation Ratios
P/E Ratio 19.5
Price to Sales 0.9
Price to Book 4.5
Price to Tangible Book
Price to Cash Flow 9.6
Price to Free Cash Flow 33.5
Growth Rates
Sales Growth Rate 32.2%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 80.6%
Cap. Spend. - 3 Yr. Gr. Rate 23.4%
Financial Strength
Quick Ratio 3
Current Ratio 0.1
LT Debt to Equity 126.8%
Total Debt to Equity 129.1%
Interest Coverage 14
Management Effectiveness
Return On Assets 9%
Ret/ On Assets - 3 Yr. Avg. 7.2%
Return On Total Capital 11.2%
Ret/ On T. Cap. - 3 Yr. Avg. 8%
Return On Equity 24.2%
Return On Equity - 3 Yr. Avg. 16.6%
Asset Turnover 1.7
Profitability Ratios
Gross Margin 22%
Gross Margin - 3 Yr. Avg. 20.6%
EBITDA Margin 13%
EBITDA Margin - 3 Yr. Avg. 11.9%
Operating Margin 8.6%
Oper. Margin - 3 Yr. Avg. 6.9%
Pre-Tax Margin 7.7%
Pre-Tax Margin - 3 Yr. Avg. 6%
Net Profit Margin 4.8%
Net Profit Margin - 3 Yr. Avg. 3.7%
Effective Tax Rate 37.4%
Eff/ Tax Rate - 3 Yr. Avg. 38.3%
Payout Ratio 0%

DY stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the DY stock intrinsic value calculation we used $2673 million for the last fiscal year's total revenue generated by Dycom Industries. The default revenue input number comes from 2016 income statement of Dycom Industries. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our DY stock valuation model: a) initial revenue growth rate of 25.4% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 6.5%, whose default value for DY is calculated based on our internal credit rating of Dycom Industries, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Dycom Industries.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of DY stock the variable cost ratio is equal to 88.2%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $87 million in the base year in the intrinsic value calculation for DY stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for Dycom Industries.

Corporate tax rate of 27% is the nominal tax rate for Dycom Industries. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the DY stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for DY are equal to 16.4%.

Life of production assets of 10 years is the average useful life of capital assets used in Dycom Industries operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for DY is equal to 19%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $557 million for Dycom Industries - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 31.137 million for Dycom Industries is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Dycom Industries at the current share price and the inputted number of shares is $2.5 billion.

RELATED COMPANIES Price Int.Val. Rating
PWR Quanta Service 34.04 2.93  str.sell
MTZ MasTec 39.65 213.84  str.buy
WPCS WPCS Internati 1.21 0.16  str.sell
EME EMCOR Group 62.65 121.68  str.buy
IESC IES Holdings 15.00 31.54  str.buy
MYRG MYR Group 23.24 38.10  buy

COMPANY NEWS

▶ 3 Value Stocks You Haven't Thought Of   [Jun-19-17 02:33PM  Motley Fool]
▶ New Strong Sell Stocks for June 14th   [Jun-14-17 10:17AM  Zacks]
▶ Dycom Crashes On Weak Sales, Earnings Outlook   [04:08PM  Investor's Business Daily]
▶ Earnings Calendar, Analyst Estimates And Stocks To Watch   [12:41PM  Investor's Business Daily]
▶ Story Stocks from Briefing.com   [11:11AM  Briefing.com]
▶ Stocks Open Higher, With One Tech Breakout, One Breakdown   [09:44AM  Investor's Business Daily]
▶ Dycom Industries beats Street 3Q forecasts   [06:13AM  Associated Press]
▶ 5 Must See Earnings Charts   [May-23-17 05:55PM  Zacks]
▶ Dycom Thrives On Fiber Diet From Telcos, Cable Operators   [May-05-17 04:35PM  Investor's Business Daily]
▶ Top Ranked Growth Stocks to Buy for May 1st   [May-01-17 09:57AM  Zacks]
▶ Five Strong Buy Stocks to Buy at New Highs   [Apr-19-17 07:13PM  Zacks]
▶ Nasdaq Gears Higher, While The Dow Is Feeling Big Blue   [12:37PM  Investor's Business Daily]
▶ Top Ranked Growth Stocks to Buy for April 12th   [Apr-12-17 10:58AM  Zacks]
▶ 5 Impressive Growth Stocks to Watch in Q2   [Apr-04-17 02:26PM  Zacks]
▶ Crisis And Opportunity Can Intertwine For Swing Traders   [Mar-31-17 12:42PM  Investor's Business Daily]
▶ New Strong Buy Stocks for March 30th   [Mar-30-17 10:51AM  Zacks]
▶ Do You Have What it Takes to be a Value Investor?   [Mar-29-17 05:16PM  Investopedia]
▶ [$$] CommScope, Dycom Boosted by MWC   [Mar-06-17 03:50PM  at Barrons.com]
▶ This Trump Stock's Gained Almost 20% Today!   [02:10PM  at Barrons.com]
▶ Vulcan Materials: So Much for the Trump Infrastructure Trade   [Feb-07-17 11:27AM  at Barrons.com]
Stock chart of DY Financial statements of DY
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.