TJX COMPANIES INC (TJX.DE) Fundamental Analysis & Valuation
FRA:TJX • US8725401090
Current stock price
139.44 EUR
+0.34 (+0.24%)
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.
- TJX had a positive operating cash flow in the past year.
- Of the past 5 years TJX 4 years were profitable.
- TJX had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 14.55%, TJX belongs to the best of the industry, outperforming 98.15% of the companies in the same industry.
- With an excellent Return On Equity value of 54.70%, TJX belongs to the best of the industry, outperforming 96.30% of the companies in the same industry.
- The Return On Invested Capital of TJX (23.62%) is better than 98.15% 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 8.87%.
- The last Return On Invested Capital (23.62%) for TJX is above the 3 year average (21.84%), which is a sign of increasing profitability.
| 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
- TJX has a Profit Margin of 8.68%. This is amongst the best in the industry. TJX outperforms 94.44% of its industry peers.
- In the last couple of years the Profit Margin of TJX has grown nicely.
- TJX has a better Operating Margin (11.31%) than 92.59% of its industry peers.
- In the last couple of years the Operating Margin of TJX has remained more or less at the same level.
- TJX has a Gross Margin (30.85%) which is comparable to the rest of the 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. 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.
- TJX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- TJX has an Altman-Z score of 6.84. This indicates that TJX is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 6.84, TJX belongs to the top of the industry, outperforming 96.30% of the companies in the same industry.
- 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 100.00% of its industry peers.
- TJX has a Debt/Equity ratio of 0.20. This is a healthy value indicating a solid balance between debt and equity.
- TJX has a Debt to Equity ratio of 0.20. This is amongst the best in the industry. TJX outperforms 92.59% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 0.65 | ||
| Altman-Z | 6.84 |
ROIC/WACC2.67
WACC8.86%
2.3 Liquidity
- A Current Ratio of 1.09 indicates that TJX should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.09, TJX is doing worse than 61.11% of the companies in the same industry.
- A Quick Ratio of 0.43 indicates that TJX may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.43, TJX is doing worse than 70.37% 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 | 1.09 | ||
| Quick Ratio | 0.43 |
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
EPS 1Y (TTM)11.03%
EPS 3Y14.88%
EPS 5Y74.78%
EPS Q2Q%16.26%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
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 Y9.21%
EPS Next 2Y10.1%
EPS Next 3Y9.74%
EPS Next 5Y9.22%
Revenue Next Year6.35%
Revenue Next 2Y6.08%
Revenue Next 3Y6.34%
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.
4. TJX.DE Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 34.01, TJX can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Earnings ratio as TJX.
- TJX is valuated rather expensively when we compare the Price/Earnings ratio to 26.17, which is the current average of the S&P500 Index.
- Based on the Price/Forward Earnings ratio of 31.11, the valuation of TJX can be described as expensive.
- TJX's Price/Forward Earnings ratio is in line with the industry average.
- The average S&P500 Price/Forward Earnings ratio is at 23.05. TJX is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.01 | ||
| Fwd PE | 31.11 |
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 68.52% of the companies in the same industry.
- 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 | 40.39 | ||
| EV/EBITDA | 22.37 |
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)3.69
PEG (5Y)0.45
EPS Next 2Y10.1%
EPS Next 3Y9.74%
5. TJX.DE Dividend Analysis
5.1 Amount
- With a Yearly Dividend Yield of 1.10%, TJX has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.41, TJX pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, TJX's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
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 Years4
Div Non Decr Years4
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 2Y10.1%
EPS Next 3Y9.74%
TJX.DE Fundamentals: All Metrics, Ratios and Statistics
FRA:TJX (4/2/2026, 7:00:00 PM)
139.44
+0.34 (+0.24%)
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 Owners92.91%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap154.84B
Revenue(TTM)N/A
Net Income(TTM)5.12B
Analysts84.8
Price Target142.5 (2.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.1% |
Yearly Dividend1.27
Dividend Growth(5Y)10.53%
DP35.03%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.59%
Min EPS beat(2)3.7%
Max EPS beat(2)7.47%
EPS beat(4)4
Avg EPS beat(4)4.14%
Min EPS beat(4)0.61%
Max EPS beat(4)7.47%
EPS beat(8)8
Avg EPS beat(8)4.58%
EPS beat(12)11
Avg EPS beat(12)4.5%
EPS beat(16)14
Avg EPS beat(16)3.77%
Revenue beat(2)2
Avg Revenue beat(2)0.85%
Min Revenue beat(2)0.77%
Max Revenue beat(2)0.94%
Revenue beat(4)2
Avg Revenue beat(4)0.35%
Min Revenue beat(4)-0.25%
Max Revenue beat(4)0.94%
Revenue beat(8)4
Avg Revenue beat(8)0.09%
Revenue beat(12)7
Avg Revenue beat(12)0.28%
Revenue beat(16)7
Avg Revenue beat(16)-0.46%
PT rev (1m)0%
PT rev (3m)1.38%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.46%
EPS NY rev (1m)0%
EPS NY rev (3m)0.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.01 | ||
| Fwd PE | 31.11 | ||
| P/S | 3.03 | ||
| P/FCF | 40.39 | ||
| P/OCF | 27.79 | ||
| P/B | 19.07 | ||
| P/tB | 19.26 | ||
| EV/EBITDA | 22.37 |
EPS(TTM)4.1
EY2.94%
EPS(NY)4.48
Fwd EY3.21%
FCF(TTM)3.45
FCFY2.48%
OCF(TTM)5.02
OCFY3.6%
SpS46.08
BVpS7.31
TBVpS7.24
PEG (NY)3.69
PEG (5Y)0.45
Graham Number25.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.55% | ||
| ROE | 54.7% | ||
| ROCE | 31.49% | ||
| ROIC | 23.62% | ||
| ROICexc | 30.24% | ||
| ROICexgc | 30.41% | ||
| OM | 11.31% | ||
| PM (TTM) | 8.68% | ||
| GM | 30.85% | ||
| FCFM | 7.49% |
ROA(3y)14.23%
ROA(5y)10.91%
ROE(3y)58.06%
ROE(5y)46.09%
ROIC(3y)21.84%
ROIC(5y)17.51%
ROICexc(3y)30.48%
ROICexc(5y)25.26%
ROICexgc(3y)30.69%
ROICexgc(5y)25.45%
ROCE(3y)29.12%
ROCE(5y)23.34%
ROICexgc growth 3Y0.34%
ROICexgc growth 5Y4.93%
ROICexc growth 3Y0.41%
ROICexc growth 5Y4.95%
OM growth 3Y4.52%
OM growth 5Y1.05%
PM growth 3Y8.47%
PM growth 5Y1.93%
GM growth 3Y1.68%
GM growth 5Y0.82%
F-Score6
Asset Turnover1.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | 0.65 | ||
| Debt/EBITDA | 0.24 | ||
| Cap/Depr | 162.98% | ||
| Cap/Sales | 3.4% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 81.28% | ||
| Profit Quality | 86.31% | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 6.84 |
F-Score6
WACC8.86%
ROIC/WACC2.67
Cap/Depr(3y)172.21%
Cap/Depr(5y)140.45%
Cap/Sales(3y)3.17%
Cap/Sales(5y)2.68%
Profit Quality(3y)86.1%
Profit Quality(5y)946.84%
High Growth Momentum
Growth
EPS 1Y (TTM)11.03%
EPS 3Y14.88%
EPS 5Y74.78%
EPS Q2Q%16.26%
EPS Next Y9.21%
EPS Next 2Y10.1%
EPS Next 3Y9.74%
EPS Next 5Y9.22%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%8.52%
Revenue Next Year6.35%
Revenue Next 2Y6.08%
Revenue Next 3Y6.34%
Revenue Next 5Y6.19%
EBIT growth 1Y6.84%
EBIT growth 3Y9.84%
EBIT growth 5Y7.32%
EBIT Next Year30.68%
EBIT Next 3Y15.8%
EBIT Next 5Y11.64%
FCF growth 1Y-4.88%
FCF growth 3Y27.77%
FCF growth 5Y8.1%
OCF growth 1Y2.22%
OCF growth 3Y26%
OCF growth 5Y8.5%
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 5 / 10 to TJX.DE.
What is the valuation status of TJX COMPANIES INC (TJX.DE) stock?
ChartMill assigns a valuation rating of 1 / 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 8 / 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 34.01 and the Price/Book (PB) ratio is 19.07.
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 35.03%.