TJX COMPANIES INC (TJX.DE) Stock Fundamental Analysis
Europe • Frankfurt Stock Exchange • FRA:TJX • US8725401090
124.4 EUR
+1.3 (+1.06%)
Last: Jan 30, 2026, 07:00 PM
Overall TJX gets a fundamental rating of 6 out of 10. We evaluated TJX against 56 industry peers in the Specialty Retail industry. While TJX belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TJX is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year TJX was profitable.
- TJX had a positive operating cash flow in the past year.
- In the past 5 years TJX has always been profitable.
- TJX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TJX's Return On Assets of 14.55% is amongst the best of the industry. TJX outperforms 96.43% of its industry peers.
- Looking at the Return On Equity, with a value of 54.70%, TJX belongs to the top of the industry, outperforming 94.64% of the companies in the same industry.
- The Return On Invested Capital of TJX (23.62%) is better than 94.64% of its industry peers.
- TJX had an Average Return On Invested Capital over the past 3 years of 21.84%. This is significantly above the industry average of 10.20%.
- The 3 year average ROIC (21.84%) for TJX is below the current ROIC(23.62%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.55% | ||
| ROE | 54.7% | ||
| ROIC | 23.62% |
ROA(3y)14.23%
ROA(5y)10.91%
ROE(3y)58.06%
ROE(5y)46.09%
ROIC(3y)21.84%
ROIC(5y)17.51%
1.3 Margins
- Looking at the Profit Margin, with a value of 8.68%, TJX belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
- In the last couple of years the Profit Margin of TJX has grown nicely.
- TJX has a Operating Margin of 11.31%. This is amongst the best in the industry. TJX outperforms 85.71% of its industry peers.
- TJX's Operating Margin has been stable in the last couple of years.
- Looking at the Gross Margin, with a value of 30.85%, TJX is in line with its industry, outperforming 42.86% of the companies in the same industry.
- TJX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.31% | ||
| PM (TTM) | 8.68% | ||
| GM | 30.85% |
OM growth 3Y4.52%
OM growth 5Y1.05%
PM growth 3Y8.47%
PM growth 5Y1.93%
GM growth 3Y1.68%
GM growth 5Y0.82%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TJX is creating value.
- Compared to 1 year ago, TJX has less shares outstanding
- The number of shares outstanding for TJX has been reduced compared to 5 years ago.
- TJX has a better debt/assets ratio than last year.
2.2 Solvency
- The Debt to FCF ratio of TJX is 0.65, which is an excellent value as it means it would take TJX, only 0.65 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of TJX (0.65) is better than 98.21% of its industry peers.
- A Debt/Equity ratio of 0.20 indicates that TJX is not too dependend on debt financing.
- The Debt to Equity ratio of TJX (0.20) is better than 87.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 0.65 | ||
| Altman-Z | N/A |
ROIC/WACC2.46
WACC9.6%
2.3 Liquidity
- TJX has a Current Ratio of 1.09. This is a normal value and indicates that TJX is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of TJX (1.09) is comparable to the rest of the industry.
- A Quick Ratio of 0.43 indicates that TJX may have some problems paying its short term obligations.
- TJX has a worse Quick ratio (0.43) than 62.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
- TJX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.59%.
- Measured over the past years, TJX shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.71% on average per year.
- The Revenue has been growing slightly by 4.53% in the past year.
- TJX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.20% yearly.
EPS 1Y (TTM)6.59%
EPS 3Y14.34%
EPS 5Y9.71%
EPS Q2Q%12.28%
Revenue 1Y (TTM)4.53%
Revenue growth 3Y5.1%
Revenue growth 5Y6.2%
Sales Q2Q%7.49%
3.2 Future
- The Earnings Per Share is expected to grow by 10.34% on average over the next years. This is quite good.
- TJX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.64% yearly.
EPS Next Y10.89%
EPS Next 2Y10.71%
EPS Next 3Y10.95%
EPS Next 5Y10.34%
Revenue Next Year6.63%
Revenue Next 2Y6.09%
Revenue Next 3Y6.19%
Revenue Next 5Y5.64%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 32.82, TJX can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Earnings ratio as TJX.
- The average S&P500 Price/Earnings ratio is at 28.30. TJX is around the same levels.
- With a Price/Forward Earnings ratio of 28.51, TJX can be considered very expensive at the moment.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TJX is on the same level as its industry peers.
- TJX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 32.82 | ||
| Fwd PE | 28.51 |
4.2 Price Multiples
- TJX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. TJX is more expensive than 66.07% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of TJX indicates a slightly more expensive valuation: TJX is more expensive than 62.50% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.42 | ||
| EV/EBITDA | 20.48 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- TJX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.01
PEG (5Y)3.38
EPS Next 2Y10.71%
EPS Next 3Y10.95%
5. Dividend
5.1 Amount
- TJX has a Yearly Dividend Yield of 1.11%.
- Compared to an average industry Dividend Yield of 1.47, TJX pays a bit more dividend than its industry peers.
- TJX's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.11% |
5.2 History
- On average, the dividend of TJX grows each year by 10.53%, which is quite nice.
Dividend Growth(5Y)10.53%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
- TJX pays out 35.03% of its income as dividend. This is a sustainable payout ratio.
- TJX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP35.03%
EPS Next 2Y10.71%
EPS Next 3Y10.95%
TJX COMPANIES INC / TJX.DE FAQ
Can you provide the ChartMill fundamental rating for TJX COMPANIES INC?
ChartMill assigns a fundamental rating of 6 / 10 to TJX.DE.
What is the valuation status of TJX COMPANIES INC (TJX.DE) stock?
ChartMill assigns a valuation rating of 2 / 10 to TJX COMPANIES INC (TJX.DE). This can be considered as Overvalued.
What is the profitability of TJX stock?
TJX COMPANIES INC (TJX.DE) has a profitability rating of 9 / 10.
Can you provide the PE and PB ratios for TJX stock?
The Price/Earnings (PE) ratio for TJX COMPANIES INC (TJX.DE) is 32.82 and the Price/Book (PB) ratio is 17.67.
What is the expected EPS growth for TJX COMPANIES INC (TJX.DE) stock?
The Earnings per Share (EPS) of TJX COMPANIES INC (TJX.DE) is expected to grow by 10.89% in the next year.