TJX COMPANIES INC (TJX.DE) Fundamental Analysis & Valuation
FRA:TJX • US8725401090
Current stock price
138 EUR
-1.5 (-1.08%)
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.
- TJX had positive earnings in each of the past 5 years.
- Each year in the past 5 years TJX had a positive operating cash flow.
1.2 Ratios
- TJX has a Return On Assets of 15.36%. This is amongst the best in the industry. TJX outperforms 94.83% 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 93.10% of the companies in the same industry.
- TJX has a Return On Invested Capital of 24.07%. This is amongst the best in the industry. TJX outperforms 96.55% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for TJX is significantly above the industry average of 10.40%.
- 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
- TJX has a better Profit Margin (9.10%) than 89.66% of its industry peers.
- In the last couple of years the Profit Margin of TJX has grown nicely.
- TJX has a Operating Margin of 11.89%. This is amongst the best in the industry. TJX outperforms 86.21% of its industry peers.
- TJX's Operating Margin has improved in the last couple of years.
- TJX has a Gross Margin (30.96%) which is in line with 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
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), TJX 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
- An Altman-Z score of 6.98 indicates that TJX is not in any danger for bankruptcy at the moment.
- TJX's Altman-Z score of 6.98 is amongst the best of the industry. TJX outperforms 96.55% 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.
- The Debt to FCF ratio of TJX (0.58) is better than 98.28% 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.
- With an excellent Debt to Equity ratio value of 0.18, TJX belongs to the best of the industry, outperforming 91.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 0.58 | ||
| Altman-Z | 6.98 |
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.
- With a Current ratio value of 1.14, TJX is not doing good in the industry: 60.34% of the companies in the same industry are doing better.
- TJX has a Quick Ratio of 1.14. This is a bad value and indicates that TJX is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of TJX (0.59) is comparable to the rest of the industry.
- 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
- 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
- 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
- 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
- With a Price/Earnings ratio of 34.16, 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 26.86. TJX is valued slightly more expensive when compared to this.
- Based on the Price/Forward Earnings ratio of 31.34, the valuation of TJX can be described as expensive.
- TJX's Price/Forward Earnings is on the same level as the industry average.
- TJX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 37.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.16 | ||
| Fwd PE | 31.34 |
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 65.52% of the companies in the same industry.
- 62.07% of the companies in the same industry are cheaper than TJX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.38 | ||
| EV/EBITDA | 20.83 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TJX does not grow enough to justify the current Price/Earnings ratio.
- TJX has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)3.78
PEG (5Y)0.46
EPS Next 2Y10.03%
EPS Next 3Y9.64%
5. TJX.DE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.16%, TJX has a reasonable but not impressive dividend return.
- TJX's Dividend Yield is a higher than the industry average which is at 1.37.
- TJX's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
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 3Y9.64%
TJX.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:TJX (4/10/2026, 7:00:00 PM)
138
-1.5 (-1.08%)
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 Cap152.74B
Revenue(TTM)60.37B
Net Income(TTM)5.49B
Analysts84.8
Price Target148.26 (7.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.16% |
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)4.05%
PT rev (3m)5.48%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.6%
EPS NY rev (1m)-0.16%
EPS NY rev (3m)-1.06%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)0.31%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.16 | ||
| Fwd PE | 31.34 | ||
| P/S | 2.96 | ||
| P/FCF | 36.38 | ||
| P/OCF | 26.02 | ||
| P/B | 17.55 | ||
| P/tB | 17.72 | ||
| EV/EBITDA | 20.83 |
EPS(TTM)4.04
EY2.93%
EPS(NY)4.4
Fwd EY3.19%
FCF(TTM)3.79
FCFY2.75%
OCF(TTM)5.3
OCFY3.84%
SpS46.58
BVpS7.86
TBVpS7.79
PEG (NY)3.78
PEG (5Y)0.46
Graham Number26.73
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 | 6.98 |
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 3Y9.64%
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 34.16 and the Price/Book (PB) ratio is 17.55.
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%.