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.
- 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 has a better Return On Assets (15.36%) than 96.43% of its industry peers.
- With an excellent Return On Equity value of 53.92%, TJX belongs to the best of the industry, outperforming 94.64% of the companies in the same industry.
- The Return On Invested Capital of TJX (24.07%) is better than 98.21% 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 9.31%.
- The 3 year average ROIC (23.16%) for TJX is below the current ROIC(24.07%), indicating increased profibility in the last year.
| 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 91.07% of the companies in the same industry.
- In the last couple of years the Profit Margin of TJX has grown nicely.
- TJX's Operating Margin of 11.89% is amongst the best of the industry. TJX outperforms 89.29% of its industry peers.
- TJX's Operating Margin has improved in the last couple of years.
- TJX's Gross Margin of 30.96% is in line compared to the rest of the industry. TJX outperforms 44.64% of its industry peers.
- 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so TJX is creating value.
- The number of shares outstanding for TJX has been reduced compared to 1 year ago.
- Compared to 5 years ago, TJX has less shares outstanding
- Compared to 1 year ago, TJX has an improved debt to assets ratio.
2.2 Solvency
- TJX has an Altman-Z score of 6.96. This indicates that TJX is financially healthy and has little risk of bankruptcy at the moment.
- TJX's Altman-Z score of 6.96 is amongst the best of the industry. TJX outperforms 96.43% of its industry peers.
- The Debt to FCF ratio of TJX is 0.58, which is an excellent value as it means it would take TJX, only 0.58 years of fcf income to pay off all of its debts.
- TJX has a better Debt to FCF ratio (0.58) than 98.21% of its industry peers.
- 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 91.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.58 | ||
| Altman-Z | 6.96 |
ROIC/WACC2.73
WACC8.82%
2.3 Liquidity
- TJX has a Current Ratio of 1.14. This is a normal value and indicates that TJX is financially healthy and should not expect problems in meeting its short term obligations.
- With a Current ratio value of 1.14, TJX is not doing good in the industry: 60.71% of the companies in the same industry are doing better.
- A Quick Ratio of 0.59 indicates that TJX may have some problems paying its short term obligations.
- TJX has a Quick ratio (0.59) which is comparable to the rest of the 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.
- Measured over the past years, TJX shows a very strong growth in Earnings Per Share. The EPS has been growing by 74.78% on average per year.
- TJX shows a small growth in Revenue. In the last year, the Revenue has grown by 7.12%.
- The Revenue has been growing by 13.44% on average over the past years. This is quite good.
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
- Based on estimates for the next years, TJX will show a quite strong growth in Earnings Per Share. The EPS will grow by 9.22% on average per year.
- 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
- The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
- 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.
- The rest of the industry has a similar Price/Earnings ratio as TJX.
- TJX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.42.
- Based on the Price/Forward Earnings ratio of 31.23, the valuation of TJX can be described as expensive.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TJX is on the same level as its industry peers.
- TJX's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.24.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.03 | ||
| Fwd PE | 31.23 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TJX is valued a bit more expensive than 62.50% of the companies in the same industry.
- The rest of the industry has a similar Price/Free Cash Flow ratio as TJX.
| 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%.
- TJX's Dividend Yield is a higher than the industry average which is at 1.25.
- Compared to the average S&P500 Dividend Yield of 1.81, TJX is paying slightly less dividend.
| 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.
- TJX's earnings are growing slower than its dividend. 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%.