TJX COMPANIES INC (TJX.DE) Fundamental Analysis & Valuation
FRA:TJX • US8725401090
Current stock price
135.5 EUR
+1.5 (+1.12%)
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
- In the past year TJX was profitable.
- TJX had a positive operating cash flow in the past year.
- 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 94.83% of its industry peers.
- The Return On Equity of TJX (53.92%) is better than 93.10% of its industry peers.
- The Return On Invested Capital of TJX (24.07%) is better than 96.55% of its industry peers.
- TJX had an Average Return On Invested Capital over the past 3 years of 23.16%. This is significantly above the industry average of 10.40%.
- 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
- Looking at the Profit Margin, with a value of 9.10%, TJX belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
- 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 86.21% 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 (30.96%) which is comparable to the rest of the industry.
- TJX's Gross Margin has improved in the last couple of years.
| 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.
- TJX has less shares outstanding than it did 1 year ago.
- TJX has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, TJX has an improved debt to assets ratio.
2.2 Solvency
- TJX has an Altman-Z score of 6.93. This indicates that TJX is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of TJX (6.93) is better than 96.55% 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.
- Looking at the Debt to FCF ratio, with a value of 0.58, TJX belongs to the top of the industry, outperforming 98.28% of the companies in the same industry.
- A Debt/Equity ratio of 0.18 indicates that TJX is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.18, TJX belongs to the top of the industry, outperforming 89.66% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.58 | ||
| Altman-Z | 6.93 |
ROIC/WACC2.75
WACC8.77%
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 worse Current ratio (1.14) than 60.34% of its industry peers.
- A Quick Ratio of 0.59 indicates that TJX may have some problems paying its short term obligations.
- With a Quick ratio value of 0.59, TJX perfoms like the industry average, outperforming 53.45% of the companies in the same industry.
- The current and quick ratio evaluation for TJX is rather negative, while it does have 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
- The Earnings Per Share has grown by an nice 11.03% over the past year.
- The Earnings Per Share has been growing by 74.78% on average over the past years. This is a very strong growth
- Looking at the last year, TJX shows a small growth in Revenue. The Revenue has grown by 7.12% in the last year.
- Measured over the past years, TJX shows a quite strong growth in Revenue. The Revenue has been growing by 13.44% on average per year.
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
- TJX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.22% yearly.
- Based on estimates for the next years, TJX will show a small growth in Revenue. The Revenue will grow by 6.19% on average per year.
EPS Next Y9.04%
EPS Next 2Y10.03%
EPS Next 3Y9.64%
EPS Next 5Y9.22%
Revenue Next Year6.35%
Revenue Next 2Y6.08%
Revenue Next 3Y6.34%
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
- The Price/Earnings ratio is 33.79, which means the current valuation is very expensive for TJX.
- TJX's Price/Earnings ratio is in line with the industry average.
- TJX is valuated rather expensively when we compare the Price/Earnings ratio to 27.87, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 30.99, the valuation of TJX can be described as expensive.
- TJX's Price/Forward Earnings ratio is in line with the industry average.
- TJX is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 38.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.79 | ||
| Fwd PE | 30.99 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TJX is valued a bit more expensive than 65.52% 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 62.07% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.98 | ||
| EV/EBITDA | 20.6 |
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)3.74
PEG (5Y)0.45
EPS Next 2Y10.03%
EPS Next 3Y9.64%
5. TJX.DE Dividend Analysis
5.1 Amount
- TJX has a Yearly Dividend Yield of 1.22%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.33, 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 | 1.22% |
5.2 History
- The dividend of TJX is nicely growing with an annual growth rate of 48.20%!
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 3Y9.64%
TJX.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:TJX (4/17/2026, 7:00:00 PM)
135.5
+1.5 (+1.12%)
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 Cap149.97B
Revenue(TTM)60.37B
Net Income(TTM)5.49B
Analysts84.8
Price Target149.16 (10.08%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.22% |
Yearly Dividend1.4
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)-1.06%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)0.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.84%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.79 | ||
| Fwd PE | 30.99 | ||
| P/S | 2.93 | ||
| P/FCF | 35.98 | ||
| P/OCF | 25.74 | ||
| P/B | 17.36 | ||
| P/tB | 17.53 | ||
| EV/EBITDA | 20.6 |
EPS(TTM)4.01
EY2.96%
EPS(NY)4.37
Fwd EY3.23%
FCF(TTM)3.77
FCFY2.78%
OCF(TTM)5.26
OCFY3.89%
SpS46.24
BVpS7.8
TBVpS7.73
PEG (NY)3.74
PEG (5Y)0.45
Graham Number26.5356 (-80.42%)
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 | 6.93 |
F-Score7
WACC8.77%
ROIC/WACC2.75
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 3Y9.64%
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 3Y6.34%
Revenue Next 5Y6.19%
EBIT growth 1Y13.9%
EBIT growth 3Y13.88%
EBIT growth 5Y65.27%
EBIT Next Year28.8%
EBIT Next 3Y13.5%
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 33.79 and the Price/Book (PB) ratio is 17.36.
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%.