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Dycom Industries (Dycom Industries) Cyclically Adjusted Price-to-FCF : 62.87 (As of Apr. 29, 2024)


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What is Dycom Industries Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Dycom Industries's current share price is $142.715. Dycom Industries's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 was $2.27. Dycom Industries's Cyclically Adjusted Price-to-FCF for today is 62.87.

The historical rank and industry rank for Dycom Industries's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

DY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 20.8   Med: 61.54   Max: 375.21
Current: 62.92

During the past years, Dycom Industries's highest Cyclically Adjusted Price-to-FCF was 375.21. The lowest was 20.80. And the median was 61.54.

DY's Cyclically Adjusted Price-to-FCF is ranked worse than
85.96% of 570 companies
in the Construction industry
Industry Median: 17.925 vs DY: 62.92

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Dycom Industries's adjusted free cash flow per share data for the three months ended in Jan. 2024 was $9.025. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.27 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dycom Industries Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Dycom Industries's Cyclically Adjusted Price-to-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 Cyclically Adjusted Price-to-FCF Chart

Dycom Industries Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.06 54.28 38.95 45.86 49.23

Dycom Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Price-to-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 45.86 53.14 55.71 52.15 49.23

Competitive Comparison of Dycom Industries's Cyclically Adjusted Price-to-FCF

For the Engineering & Construction subindustry, Dycom Industries's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-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 Cyclically Adjusted Price-to-FCF Distribution in the Construction Industry

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

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



Dycom Industries Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Dycom Industries's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=142.715/2.27
=62.87

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Dycom Industries's adjusted Free Cash Flow per Share data for the three months ended in Jan. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=9.025/129.4194*129.4194
=9.025

Current CPI (Jan. 2024) = 129.4194.

Dycom Industries Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201404 0.238 100.023 0.308
201407 -0.911 100.520 -1.173
201410 -0.203 100.176 -0.262
201501 1.469 98.604 1.928
201504 0.065 99.824 0.084
201507 -0.226 100.691 -0.290
201510 -2.054 100.346 -2.649
201601 0.754 99.957 0.976
201604 -0.466 100.947 -0.597
201607 4.670 101.524 5.953
201610 -2.535 101.988 -3.217
201701 2.144 102.456 2.708
201704 -0.501 103.167 -0.628
201707 2.650 103.278 3.321
201710 0.025 104.070 0.031
201801 2.243 104.578 2.776
201804 -0.306 105.708 -0.375
201807 -1.046 106.324 -1.273
201810 -3.229 106.695 -3.917
201901 3.325 106.200 4.052
201904 -3.205 107.818 -3.847
201907 -2.885 108.250 -3.449
201910 -1.317 108.577 -1.570
202001 5.432 108.841 6.459
202004 2.040 108.173 2.441
202007 2.375 109.318 2.812
202010 3.163 109.861 3.726
202101 2.510 110.364 2.943
202104 0.316 112.673 0.363
202107 -0.629 115.183 -0.707
202110 1.933 116.696 2.144
202201 3.334 118.619 3.638
202204 -3.430 121.978 -3.639
202207 -1.822 125.002 -1.886
202210 -1.980 125.734 -2.038
202301 6.043 126.223 6.196
202304 -4.299 127.992 -4.347
202307 0.179 128.974 0.180
202310 -3.520 129.810 -3.509
202401 9.025 129.419 9.025

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Dycom Industries  (NYSE:DY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Dycom Industries Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Dycom Industries's Cyclically Adjusted Price-to-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