TJX COMPANIES INC (TJX.DE) Fundamental Analysis & Valuation
FRA:TJX • US8725401090
Current stock price
137.5 EUR
+1.5 (+1.1%)
Last:
This TJX.DE fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. TJX.DE Profitability Analysis
1.1 Basic Checks
- TJX had positive earnings in the past year.
- In the past year TJX had a positive cash flow from operations.
- Each year in the past 5 years TJX has been profitable.
- In the past 5 years TJX always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of TJX (15.36%) is better than 95.92% of its industry peers.
- Looking at the Return On Equity, with a value of 53.92%, TJX belongs to the top of the industry, outperforming 95.92% of the companies in the same industry.
- Looking at the Return On Invested Capital, with a value of 24.07%, TJX belongs to the top of the industry, outperforming 97.96% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for TJX is significantly above the industry average of 9.06%.
- The last Return On Invested Capital (24.07%) for TJX is above the 3 year average (23.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.36% | ||
| ROE | 53.92% | ||
| ROIC | 24.07% |
ROA(3y)15.24%
ROA(5y)13.92%
ROE(3y)57.71%
ROE(5y)56.56%
ROIC(3y)23.16%
ROIC(5y)21.92%
1.3 Margins
- TJX's Profit Margin of 9.10% is amongst the best of the industry. TJX outperforms 91.84% of its industry peers.
- TJX's Profit Margin has improved in the last couple of years.
- With an excellent Operating Margin value of 11.89%, TJX belongs to the best of the industry, outperforming 89.80% of the companies in the same industry.
- In the last couple of years the Operating Margin of TJX has grown nicely.
- TJX has a Gross Margin of 30.96%. This is comparable to the rest of the industry: TJX outperforms 46.94% of its industry peers.
- In the last couple of years the Gross Margin of TJX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.89% | ||
| PM (TTM) | 9.1% | ||
| GM | 30.96% |
OM growth 3Y6.9%
OM growth 5Y45.69%
PM growth 3Y9.11%
PM growth 5Y100.41%
GM growth 3Y2.93%
GM growth 5Y2.51%
2. TJX.DE Health Analysis
2.1 Basic Checks
- TJX has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- The number of shares outstanding for TJX has been reduced compared to 1 year ago.
- TJX has less shares outstanding than it did 5 years ago.
- TJX has a better debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 6.96 indicates that TJX is not in any danger for bankruptcy at the moment.
- TJX's Altman-Z score of 6.96 is amongst the best of the industry. TJX outperforms 97.96% of its industry peers.
- TJX has a debt to FCF ratio of 0.58. This is a very positive value and a sign of high solvency as it would only need 0.58 years to pay back of all of its debts.
- The Debt to FCF ratio of TJX (0.58) is better than 100.00% of its industry peers.
- TJX has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
- TJX has a better Debt to Equity ratio (0.18) than 91.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.58 | ||
| Altman-Z | 6.96 |
ROIC/WACC2.73
WACC8.82%
2.3 Liquidity
- A Current Ratio of 1.14 indicates that TJX should not have too much problems paying its short term obligations.
- TJX has a Current ratio of 1.14. This is comparable to the rest of the industry: TJX outperforms 42.86% of its industry peers.
- A Quick Ratio of 0.59 indicates that TJX may have some problems paying its short term obligations.
- TJX has a Quick ratio of 0.59. This is comparable to the rest of the industry: TJX outperforms 53.06% of its industry peers.
- TJX does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.59 |
3. TJX.DE Growth Analysis
3.1 Past
- TJX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.03%, which is quite good.
- TJX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 74.78% yearly.
- Looking at the last year, TJX shows a small growth in Revenue. The Revenue has grown by 7.12% in the last year.
- TJX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 13.44% yearly.
EPS 1Y (TTM)11.03%
EPS 3Y14.88%
EPS 5Y74.78%
EPS Q2Q%16.26%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y6.53%
Revenue growth 5Y13.44%
Sales Q2Q%8.52%
3.2 Future
- The Earnings Per Share is expected to grow by 9.22% on average over the next years. This is quite good.
- The Revenue is expected to grow by 6.19% on average over the next years.
EPS Next Y9.04%
EPS Next 2Y10.03%
EPS Next 3Y9.74%
EPS Next 5Y9.22%
Revenue Next Year6.35%
Revenue Next 2Y6.08%
Revenue Next 3Y6.55%
Revenue Next 5Y6.19%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. TJX.DE Valuation Analysis
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 34.03 indicates a quite expensive valuation of TJX.
- TJX's Price/Earnings is on the same level as the industry average.
- TJX is valuated rather expensively when we compare the Price/Earnings ratio to 27.42, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 31.23, TJX can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Forward Earnings ratio as TJX.
- TJX is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.03 | ||
| Fwd PE | 31.23 |
4.2 Price Multiples
- 61.22% of the companies in the same industry are cheaper than TJX, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of TJX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.25 | ||
| EV/EBITDA | 20.76 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- The excellent profitability rating of TJX may justify a higher PE ratio.
PEG (NY)3.77
PEG (5Y)0.46
EPS Next 2Y10.03%
EPS Next 3Y9.74%
5. TJX.DE Dividend Analysis
5.1 Amount
- TJX has a Yearly Dividend Yield of 1.21%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.29, TJX pays a bit more dividend than its industry peers.
- TJX's Dividend Yield is slightly below the S&P500 average, which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
5.2 History
- On average, the dividend of TJX grows each year by 48.20%, which is quite nice.
Dividend Growth(5Y)48.2%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- 33.53% of the earnings are spent on dividend by TJX. This is a low number and sustainable payout ratio.
- The dividend of TJX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP33.53%
EPS Next 2Y10.03%
EPS Next 3Y9.74%
TJX.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:TJX (4/23/2026, 7:00:00 PM)
137.5
+1.5 (+1.1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)02-25 2026-02-25/bmo
Earnings (Next)05-20 2026-05-20
Inst Owners93.33%
Inst Owner ChangeN/A
Ins Owners0.11%
Ins Owner ChangeN/A
Market Cap152.19B
Revenue(TTM)60.37B
Net Income(TTM)5.49B
Analysts84.8
Price Target149.16 (8.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.21% |
Yearly Dividend1.41
Dividend Growth(5Y)48.2%
DP33.53%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.8%
Min EPS beat(2)1.89%
Max EPS beat(2)3.7%
EPS beat(4)4
Avg EPS beat(4)3.42%
Min EPS beat(4)0.61%
Max EPS beat(4)7.47%
EPS beat(8)8
Avg EPS beat(8)3.84%
EPS beat(12)12
Avg EPS beat(12)4.74%
EPS beat(16)15
Avg EPS beat(16)4.83%
Revenue beat(2)2
Avg Revenue beat(2)0.99%
Min Revenue beat(2)0.77%
Max Revenue beat(2)1.2%
Revenue beat(4)3
Avg Revenue beat(4)0.66%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)1.2%
Revenue beat(8)4
Avg Revenue beat(8)0.21%
Revenue beat(12)7
Avg Revenue beat(12)0.2%
Revenue beat(16)8
Avg Revenue beat(16)-0.17%
PT rev (1m)4.68%
PT rev (3m)3.78%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.04%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-1.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.03 | ||
| Fwd PE | 31.23 | ||
| P/S | 2.95 | ||
| P/FCF | 36.25 | ||
| P/OCF | 25.93 | ||
| P/B | 17.49 | ||
| P/tB | 17.66 | ||
| EV/EBITDA | 20.76 |
EPS(TTM)4.04
EY2.94%
EPS(NY)4.4
Fwd EY3.2%
FCF(TTM)3.79
FCFY2.76%
OCF(TTM)5.3
OCFY3.86%
SpS46.57
BVpS7.86
TBVpS7.79
PEG (NY)3.77
PEG (5Y)0.46
Graham Number26.7311 (-80.56%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.36% | ||
| ROE | 53.92% | ||
| ROCE | 32.04% | ||
| ROIC | 24.07% | ||
| ROICexc | 33.35% | ||
| ROICexgc | 33.55% | ||
| OM | 11.89% | ||
| PM (TTM) | 9.1% | ||
| GM | 30.96% | ||
| FCFM | 8.14% |
ROA(3y)15.24%
ROA(5y)13.92%
ROE(3y)57.71%
ROE(5y)56.56%
ROIC(3y)23.16%
ROIC(5y)21.92%
ROICexc(3y)31.97%
ROICexc(5y)31.07%
ROICexgc(3y)32.17%
ROICexgc(5y)31.28%
ROCE(3y)30.82%
ROCE(5y)29.16%
ROICexgc growth 3Y4.63%
ROICexgc growth 5Y48.57%
ROICexc growth 3Y4.69%
ROICexc growth 5Y48.7%
OM growth 3Y6.9%
OM growth 5Y45.69%
PM growth 3Y9.11%
PM growth 5Y100.41%
GM growth 3Y2.93%
GM growth 5Y2.51%
F-Score7
Asset Turnover1.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.58 | ||
| Debt/EBITDA | 0.22 | ||
| Cap/Depr | 156.94% | ||
| Cap/Sales | 3.24% | ||
| Interest Coverage | 97 | ||
| Cash Conversion | 81.59% | ||
| Profit Quality | 89.5% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 6.96 |
F-Score7
WACC8.82%
ROIC/WACC2.73
Cap/Depr(3y)169.77%
Cap/Depr(5y)158.79%
Cap/Sales(3y)3.27%
Cap/Sales(5y)2.98%
Profit Quality(3y)90.9%
Profit Quality(5y)81.82%
High Growth Momentum
Growth
EPS 1Y (TTM)11.03%
EPS 3Y14.88%
EPS 5Y74.78%
EPS Q2Q%16.26%
EPS Next Y9.04%
EPS Next 2Y10.03%
EPS Next 3Y9.74%
EPS Next 5Y9.22%
Revenue 1Y (TTM)7.12%
Revenue growth 3Y6.53%
Revenue growth 5Y13.44%
Sales Q2Q%8.52%
Revenue Next Year6.35%
Revenue Next 2Y6.08%
Revenue Next 3Y6.55%
Revenue Next 5Y6.19%
EBIT growth 1Y13.9%
EBIT growth 3Y13.88%
EBIT growth 5Y65.27%
EBIT Next Year28.8%
EBIT Next 3Y14.76%
EBIT Next 5Y10.83%
FCF growth 1Y17.13%
FCF growth 3Y23.24%
FCF growth 5Y4.25%
OCF growth 1Y12.39%
OCF growth 3Y18.95%
OCF growth 5Y8.55%
TJX COMPANIES INC / TJX.DE Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for TJX COMPANIES INC?
ChartMill assigns a fundamental rating of 7 / 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.
How profitable is TJX COMPANIES INC (TJX.DE) stock?
TJX COMPANIES INC (TJX.DE) has a profitability rating of 9 / 10.
What are the PE and PB ratios of TJX COMPANIES INC (TJX.DE) stock?
The Price/Earnings (PE) ratio for TJX COMPANIES INC (TJX.DE) is 34.03 and the Price/Book (PB) ratio is 17.49.
Is the dividend of TJX COMPANIES INC sustainable?
The dividend rating of TJX COMPANIES INC (TJX.DE) is 4 / 10 and the dividend payout ratio is 33.53%.