Dycom Industries, Inc. (DY) Fair Value 2026

DY · Engineering & Construction ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.7 /10

32 fundamental signals · 9 models active

Value Trap Risk

LOW (25/100)

Quick Summary — As of 2026-08-27, Dycom Industries, Inc. (DY) trades at $308.01, versus a $180.43 median fair value across its 9 active models — 41.4% below the current price. QOC: 8.7/10. Value Trap Risk: 25/100 (LOW). 9/13 models active. Within that set, the Bayesian DCF component alone returns $9.80.

Key Facts

Ticker
DY
Price
$308.01
Quality Score
8.7/10
Value Trap Risk
25/100
Models Active
9/13
Last Updated
Strength: First Chicago suggests +52.0% upside with 63% confidence
Risk: Majority of models suggest overvaluation

Is Dycom Industries, Inc. (DY) Undervalued or Overvalued in 2026?

According to CirclFi’s 9-model valuation engine, Dycom Industries, Inc. (DY) appears overvalued as of : the median of 9 independent fair value estimates is $180.43, 41.4% below the current price of $308.01. Estimates range from $9.80 to $791.15. DY scores 8.7/10 on fundamental quality and 25/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. DY’s -41.4% gap is wider than that market norm, and the Engineering & Construction sector median is -33.6%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Dycom Industries, Inc. Stock in 2026? →

What Fair Value Does Each Model Give DY?

9 Intrinsic Value Models vs. Current Price ($308.01)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $9.80 -96.8%
Ensemble · Low Conviction
 $180.43 -41.4%
Scenario · High Conviction
 $468.17 +52.0%
Intrinsic · High Conviction
 $41.35 -86.6%
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What Is DY's Fair Value Range?

Spread across 9 independent models · $9.80 to $791.15

CirclFi's 9 active models place Dycom Industries, Inc. (DY) between $9.80 and $791.15 per share, a spread of 433% of the median. The median of that range — $180.43 — is the fair value CirclFi publishes for DY, against a current price of $308.01.

Low · Bayesian DCFHigh · Regime Cross
$9.80median $180.43$791.15
Where the range comes from
Most bearish modelBayesian DCF$9.80
Most bullish modelRegime Cross-Sectional$791.15
Model agreement3 bullish · 6 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for DY. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on DY, not a CirclFi price target. How each model works →

What Is Dycom Industries, Inc. (DY) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, the balance of valuation evidence tilts cautious on Dycom Industries, Inc. at its current price of $308.01. The median intrinsic value is estimated at $180.43 (-41.4% vs price), with 6 models flagging overvaluation risk. Notably, Regime Cross sees the most upside at +156.9% (fair value: $791.15), while Bayesian DCF is the most conservative at -96.8% ($9.80). The spread between these extremes — +253.7% — reveals how different analytical frameworks can reach starkly different conclusions. Among models with highest confidence, Bayesian DCF lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About DY?

9 of 13 models are currently active for DY. Of these, 3 models suggest upside while 6 models suggest overvaluation. Taken together, their median fair value for DY is $180.43 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $9.80 on its own, implying -96.8% downside from the current price. See which stocks rank higher →

How Does DY Rank in Engineering & Construction?

Among 53 Engineering & Construction stocks, DY ranks #7 by Quality of Company score. CirclFi's QOC score of 8.7/10 evaluates 32 fundamental signals. A score of 8.7 places DY in the top tier.

See all Most Undervalued Engineering & Construction Stocks →

Within the Engineering & Construction space, Dycom Industries, Inc. competes in an environment where working capital efficiency often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is DY a Value Trap?

CirclFi's Value Trap algorithm assigns DY a score of 25/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

9 of 13 models are active for Dycom Industries, Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Dycom Industries, Inc. is rated at 8.7/10. This strong-tier score demonstrates strong fundamentals across the majority of our quality signals.

The gap between the most bullish and bearish model spans +253.7% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every DY valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across DY's 9 active models, average confidence is 51%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Dycom Industries, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Engineering & Construction Stocks Should You Also Analyze?

11 related Engineering & Construction stocks with 13-model coverage

MYRGMYR Group Inc.QOC 8.7PRIMPrimoris Services CorporationQOC 8.7AGXArgan, Inc.QOC 9.0EXPOExponent, Inc.QOC 8.6EMEEMCOR Group, Inc.QOC 9.4TTEKTetra Tech, Inc.QOC 8.5MTZMasTec, Inc.QOC 8.0FLRFluor CorporationQOC 6.5ITGITG, Inc.QOC 3.3FIXComfort Systems USA, Inc.QOC 9.6STRLSterling Infrastructure, Inc.QOC 9.5

Read investment analysis: MYRG · PRIM · AGX · EXPO · EME · TTEK · MTZ · FLR · ITG · FIX · STRL

Which Other Stocks Have a Similar Quality Score to DY?

6 companies across all industries closest to DY’s Quality of Company score of 8.7/10.

WSOWatsco, Inc.QOC 8.7WSTWest Pharmaceutical Services, Inc.QOC 8.7MCYMercury General CorporationQOC 8.7HUBSHubSpot, Inc.QOC 8.7MMSIMerit Medical Systems, Inc.QOC 8.7NVDANVIDIA CorporationQOC 10.0

Read investment analysis: WSO · WST · MCY · HUBS · MMSI · NVDA

Where Does DY Sit in CirclFi's Engineering & Construction Rankings?

DY is ranked against every other Engineering & Construction stock CirclFi covers in each of these screens.

See all Engineering & Construction stocks ranked →

What Else Do Investors Ask About Dycom Industries, Inc.’s Valuation?

What is Dycom Industries, Inc.'s intrinsic value in 2026?

CirclFi puts Dycom Industries, Inc. (DY)'s intrinsic value at $180.43 — the median of 9 independent model estimates as of 2026-08-27, ranging from $9.80 to $791.15. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $9.80 on its own. The Quality of Company score is 8.7/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is DY overvalued or undervalued right now?

At $308.01, 3 of 9 active models suggest DY may be undervalued, while 6 indicate potential overvaluation. The median of all 9 fair value estimates is $180.43, 41.4% below the current price of $308.01 — a consensus view that DY is overvalued. The assessment depends on which methodology best fits Dycom Industries, Inc.'s business model in Engineering & Construction.

What does a Quality of Company score of 8.7 mean for DY?

Dycom Industries, Inc.'s QOC of 8.7/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on DY?

CirclFi analyzes DY with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 9 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on DY?

Of the 9 models currently active on DY, Regime Cross-Sectional is the most bullish at $791.15 per share, and Bayesian DCF is the most bearish at $9.80. CirclFi's published fair value for DY is the median of that range, $180.43, not either extreme. The gap between the two ends equals 433% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is DY a value trap in 2026?

Dycom Industries, Inc.'s Value Trap score is 25/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 9-model valuation engine, Dycom Industries, Inc. (DY) has a median fair value of $180.43 — 41.4% below the current price of $308.01 — as of 2026-08-27.” Source: circlfi.com/stock/DY/ · Methodology
Primary sources for this DY valuation
  • Financial statements: Dycom Industries, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000067215) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for DY as of ; valuations recomputed .

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