TJX COMPANIES INC (TJX) Fundamental Analysis & Valuation

NYSE:TJX • US8725401090

Current stock price

157.03 USD
-1.32 (-0.83%)
At close:
157.03 USD
0 (0%)
After Hours:

This TJX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

9

1. TJX 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.
  • TJX had positive earnings in each of the past 5 years.
  • TJX had a positive operating cash flow in each of the past 5 years.
TJX Yearly Net Income VS EBIT VS OCF VS FCFTJX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2B 4B 6B

1.2 Ratios

  • TJX's Return On Assets of 15.36% is amongst the best of the industry. TJX outperforms 95.94% of its industry peers.
  • The Return On Equity of TJX (53.92%) is better than 95.94% of its industry peers.
  • With an excellent Return On Invested Capital value of 24.07%, TJX belongs to the best of the industry, outperforming 92.68% of the companies in the same industry.
  • TJX had an Average Return On Invested Capital over the past 3 years of 23.16%. This is significantly above the industry average of 13.24%.
  • 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 RankSector 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%
TJX Yearly ROA, ROE, ROICTJX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 20 40 60

1.3 Margins

  • TJX has a Profit Margin of 9.10%. This is amongst the best in the industry. TJX outperforms 89.43% of its industry peers.
  • In the last couple of years the Profit Margin of TJX has grown nicely.
  • The Operating Margin of TJX (11.89%) is better than 86.18% of its industry peers.
  • TJX's Operating Margin has improved in the last couple of years.
  • TJX has a Gross Margin of 30.96%. This is in the lower half of the industry: TJX underperforms 64.23% of its industry peers.
  • In the last couple of years the Gross Margin of TJX has grown nicely.
Industry RankSector 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%
TJX Yearly Profit, Operating, Gross MarginsTJX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 10 20 30

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8

2. TJX 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.
  • The debt/assets ratio for TJX has been reduced compared to a year ago.
TJX Yearly Shares OutstandingTJX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M 1B
TJX Yearly Total Debt VS Total AssetsTJX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 6.86 indicates that TJX is not in any danger for bankruptcy at the moment.
  • TJX's Altman-Z score of 6.86 is amongst the best of the industry. TJX outperforms 93.50% 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.
  • With an excellent Debt to FCF ratio value of 0.58, TJX belongs to the best of the industry, outperforming 81.30% of the companies in the same industry.
  • A Debt/Equity ratio of 0.18 indicates that TJX is not too dependend on debt financing.
  • The Debt to Equity ratio of TJX (0.18) is better than 60.98% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.18
Debt/FCF 0.58
Altman-Z 6.86
ROIC/WACC2.72
WACC8.84%
TJX Yearly LT Debt VS Equity VS FCFTJX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2B 4B 6B 8B 10B

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.
  • The Current ratio of TJX (1.14) is worse than 64.23% 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 51.22% 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 RankSector Rank
Current Ratio 1.14
Quick Ratio 0.59
TJX Yearly Current Assets VS Current LiabilitesTJX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. TJX 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.
  • The Revenue has been growing slightly by 7.12% in the past year.
  • 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

  • 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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
TJX Yearly Revenue VS EstimatesTJX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 20B 40B 60B 80B
TJX Yearly EPS VS EstimatesTJX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2 4 6 8

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2

4. TJX Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 33.20, which means the current valuation is very expensive for TJX.
  • Compared to the rest of the industry, the Price/Earnings ratio of TJX is on the same level as its industry peers.
  • TJX's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.42.
  • TJX is valuated quite expensively with a Price/Forward Earnings ratio of 30.45.
  • TJX's Price/Forward Earnings ratio is in line with the industry average.
  • When comparing the Price/Forward Earnings ratio of TJX to the average of the S&P500 Index (22.29), we can say TJX is valued slightly more expensively.
Industry RankSector Rank
PE 33.2
Fwd PE 30.45
TJX Price Earnings VS Forward Price EarningsTJX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TJX is on the same level as its industry peers.
  • TJX's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 35.35
EV/EBITDA 20.23
TJX Per share dataTJX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

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.
  • The excellent profitability rating of TJX may justify a higher PE ratio.
PEG (NY)3.67
PEG (5Y)0.44
EPS Next 2Y10.03%
EPS Next 3Y9.74%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. TJX Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.21%, TJX has a reasonable but not impressive dividend return.
  • TJX's Dividend Yield is a higher than the industry average which is at 3.78.
  • Compared to the average S&P500 Dividend Yield of 1.81, TJX is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.21%

5.2 History

  • The dividend of TJX is nicely growing with an annual growth rate of 48.20%!
  • TJX has paid a dividend for at least 10 years, which is a reliable track record.
  • TJX has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)48.2%
Div Incr Years5
Div Non Decr Years5
TJX Yearly Dividends per shareTJX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

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 Yearly Income VS Free CF VS DividendTJX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1B 2B 3B 4B 5B
TJX Dividend Payout.TJX Dividend Payout, showing the Payout Ratio.TJX Dividend Payout.PayoutRetained Earnings

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TJX Fundamentals: All Metrics, Ratios and Statistics

TJX COMPANIES INC

NYSE:TJX (4/24/2026, 8:11:06 PM)

After market: 157.03 0 (0%)

157.03

-1.32 (-0.83%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)02-25
Earnings (Next)05-20
Inst Owners93.33%
Inst Owner Change0.19%
Ins Owners0.11%
Ins Owner Change3.07%
Market Cap173.80B
Revenue(TTM)60.37B
Net Income(TTM)5.49B
Analysts84.8
Price Target174.75 (11.28%)
Short Float %1.15%
Short Ratio2.56
Dividend
Industry RankSector Rank
Dividend Yield 1.21%
Yearly Dividend1.65
Dividend Growth(5Y)48.2%
DP33.53%
Div Incr Years5
Div Non Decr Years5
Ex-Date05-14
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)2.82%
PT rev (3m)4.77%
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 RankSector Rank
PE 33.2
Fwd PE 30.45
P/S 2.88
P/FCF 35.35
P/OCF 25.28
P/B 17.06
P/tB 17.22
EV/EBITDA 20.23
EPS(TTM)4.73
EY3.01%
EPS(NY)5.16
Fwd EY3.28%
FCF(TTM)4.44
FCFY2.83%
OCF(TTM)6.21
OCFY3.96%
SpS54.55
BVpS9.21
TBVpS9.12
PEG (NY)3.67
PEG (5Y)0.44
Graham Number31.302 (-80.07%)
Profitability
Industry RankSector 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 RankSector 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 6.86
F-Score7
WACC8.84%
ROIC/WACC2.72
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 Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for TJX COMPANIES INC?

ChartMill assigns a fundamental rating of 7 / 10 to TJX.


What is the valuation status of TJX COMPANIES INC (TJX) stock?

ChartMill assigns a valuation rating of 2 / 10 to TJX COMPANIES INC (TJX). This can be considered as Overvalued.


How profitable is TJX COMPANIES INC (TJX) stock?

TJX COMPANIES INC (TJX) has a profitability rating of 9 / 10.


What are the PE and PB ratios of TJX COMPANIES INC (TJX) stock?

The Price/Earnings (PE) ratio for TJX COMPANIES INC (TJX) is 33.2 and the Price/Book (PB) ratio is 17.06.


Is the dividend of TJX COMPANIES INC sustainable?

The dividend rating of TJX COMPANIES INC (TJX) is 5 / 10 and the dividend payout ratio is 33.53%.