GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dycom Industries Inc (NYSE:DY) » Definitions » Intrinsic Value: Projected FCF

Dycom Industries (Dycom Industries) Intrinsic Value: Projected FCF : $58.32 (As of Apr. 27, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Dycom Industries Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-27), Dycom Industries's Intrinsic Value: Projected FCF is $58.32. The stock price of Dycom Industries is $142.76. Therefore, Dycom Industries's Price-to-Intrinsic-Value-Projected-FCF of today is 2.5.

The historical rank and industry rank for Dycom Industries's Intrinsic Value: Projected FCF or its related term are showing as below:

DY' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.11   Med: 1.84   Max: 4.06
Current: 2.45

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Dycom Industries was 4.06. The lowest was 1.11. And the median was 1.84.

DY's Price-to-Projected-FCF is ranked worse than
82.62% of 1139 companies
in the Construction industry
Industry Median: 0.92 vs DY: 2.45

Dycom Industries Intrinsic Value: Projected FCF Historical Data

The historical data trend for Dycom Industries's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dycom Industries Intrinsic Value: Projected FCF Chart

Dycom Industries Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.56 44.91 52.68 50.93 58.32

Dycom Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.93 41.94 46.85 40.00 58.32

Competitive Comparison of Dycom Industries's Intrinsic Value: Projected FCF

For the Engineering & Construction subindustry, Dycom Industries's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dycom Industries's Price-to-Projected-FCF Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dycom Industries's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where Dycom Industries's Price-to-Projected-FCF falls into.



Dycom Industries Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Dycom Industries's Free Cash Flow(6 year avg) = $71.75.

Dycom Industries's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jan24)*0.8)/Shares Outstanding (Diluted Average)
=(12.352161231452*71.7536+1054.656*0.8)/29.664
=58.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dycom Industries  (NYSE:DY) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Dycom Industries's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=142.76/58.321090754354
=2.45

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dycom Industries Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of Dycom Industries's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Dycom Industries (Dycom Industries) Business Description

Industry
Traded in Other Exchanges
Address
11780 US Highway 1, Suite 600, Palm Beach Gardens, FL, USA, 33408
Dycom Industries Inc is a provider of specialty contracting services to the telecommunications infrastructure and utility industries. its operating companies supply telecommunications providers with a comprehensive portfolio of specialty services, including program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services and provides underground facility locating services for various utilities, including telecommunications providers, and other construction and maintenance services for electric and gas utilities. It also provides a range of construction, maintenance, and installation services, including the placement and splicing of fiber, copper, and coaxial cables. The company operates throughout the United States.
Executives
Sharon Villaverde officer: VP & Chief Accounting Officer 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Jason T Lawson officer: VP and CHRO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Marco Luis Avila director 11780 US HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Ryan F Urness officer: VP, GC & Secretary 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
H Andrew Deferrari officer: Sr. VP & CFO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Richard K Sykes director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dwight B Duke director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Steven E Nielsen director, officer: President and CEO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Carmen M Sabater director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Stephen C Robinson director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Patricia Higgins director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Timothy R Estes officer: Executive VP & COO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Daniel S Peyovich officer: Executive VP of Operations 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Jennifer M Fritzsche director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Pruitt Peter T Jr director 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408