TJX COMPANIES INC (TJX) Fundamental Analysis & Valuation

NYSE:TJX • US8725401090

Current stock price

159.21 USD
+2.71 (+1.73%)
Last:

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

8

1. TJX Profitability Analysis

1.1 Basic Checks

  • In the past year TJX was profitable.
  • TJX had a positive operating cash flow in the past year.
  • Of the past 5 years TJX 4 years were profitable.
  • Of the past 5 years TJX 4 years had a positive operating cash flow.
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 2B 4B 6B

1.2 Ratios

  • TJX has a better Return On Assets (14.55%) than 92.68% of its industry peers.
  • TJX's Return On Equity of 54.70% is amongst the best of the industry. TJX outperforms 97.56% of its industry peers.
  • TJX has a Return On Invested Capital of 23.62%. This is amongst the best in the industry. TJX outperforms 92.68% 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 13.21%.
  • 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 RankSector 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%
TJX Yearly ROA, ROE, ROICTJX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60

1.3 Margins

  • Looking at the Profit Margin, with a value of 8.68%, TJX belongs to the top of the industry, outperforming 87.80% of the companies in the same industry.
  • TJX's Profit Margin has improved in the last couple of years.
  • TJX has a Operating Margin of 11.31%. This is amongst the best in the industry. TJX outperforms 86.18% of its industry peers.
  • TJX's Operating Margin has been stable in the last couple of years.
  • TJX has a worse Gross Margin (30.85%) than 64.23% of its industry peers.
  • TJX's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
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 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. TJX 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 no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
TJX Yearly Shares OutstandingTJX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 10B 20B 30B

2.2 Solvency

  • An Altman-Z score of 6.73 indicates that TJX is not in any danger for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 6.73, TJX belongs to the best of the industry, outperforming 95.12% 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.
  • TJX's Debt to FCF ratio of 0.65 is amongst the best of the industry. TJX outperforms 82.93% of its industry peers.
  • A Debt/Equity ratio of 0.20 indicates that TJX is not too dependend on debt financing.
  • The Debt to Equity ratio of TJX (0.20) is better than 62.60% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 0.65
Altman-Z 6.73
ROIC/WACC2.65
WACC8.91%
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 2B 4B 6B 8B

2.3 Liquidity

  • TJX has a Current Ratio of 1.09. This is a normal value and indicates that TJX is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.09, TJX is doing worse than 65.85% of the companies in the same industry.
  • TJX has a Quick Ratio of 1.09. This is a bad value and indicates that TJX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.43, TJX perfoms like the industry average, outperforming 40.65% of the companies in the same 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 RankSector Rank
Current Ratio 1.09
Quick Ratio 0.43
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 5B 10B 15B

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

3

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.
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.
  • 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 Y9.21%
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

  • 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.
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 33.66, which means the current valuation is very expensive for TJX.
  • The rest of the industry has a similar Price/Earnings ratio as TJX.
  • When comparing the Price/Earnings ratio of TJX to the average of the S&P500 Index (25.54), we can say TJX is valued slightly more expensively.
  • The Price/Forward Earnings ratio is 30.82, which means the current valuation is very expensive for TJX.
  • The rest of the industry has a similar Price/Forward Earnings ratio as TJX.
  • TJX's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.70.
Industry RankSector Rank
PE 33.66
Fwd PE 30.82
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

  • TJX's Enterprise Value to EBITDA is on the same level as the industry average.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as TJX.
Industry RankSector Rank
P/FCF 40.02
EV/EBITDA 21.77
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 an expensive valuation of the company.
  • The excellent profitability rating of TJX may justify a higher PE ratio.
PEG (NY)3.65
PEG (5Y)0.45
EPS Next 2Y10.1%
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 1.10%, TJX has a reasonable but not impressive dividend return.
  • TJX's Dividend Yield is a higher than the industry average which is at 2.79.
  • With a Dividend Yield of 1.10, TJX pays less dividend than the S&P500 average, which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.1%

5.2 History

  • On average, the dividend of TJX grows each year by 10.53%, which is quite nice.
  • TJX has paid a dividend for at least 10 years, which is a reliable track record.
  • TJX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.53%
Div Incr Years4
Div Non Decr Years4
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

  • 35.03% 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.
DP35.03%
EPS Next 2Y10.1%
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 1B 2B 3B 4B
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 (3/24/2026, 11:56:09 AM)

159.21

+2.71 (+1.73%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)02-25
Earnings (Next)05-20
Inst Owners92.91%
Inst Owner Change-0.46%
Ins Owners0.08%
Ins Owner Change-2.31%
Market Cap176.80B
Revenue(TTM)N/A
Net Income(TTM)5.12B
Analysts84.8
Price Target169.95 (6.75%)
Short Float %1.1%
Short Ratio2.24
Dividend
Industry RankSector Rank
Dividend Yield 1.1%
Yearly Dividend1.46
Dividend Growth(5Y)10.53%
DP35.03%
Div Incr Years4
Div Non Decr Years4
Ex-Date02-12
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)1.3%
PT rev (3m)3.89%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)0.46%
EPS NY rev (1m)0.08%
EPS NY rev (3m)0.14%
Revenue NQ rev (1m)0.01%
Revenue NQ rev (3m)0.26%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.1%
Valuation
Industry RankSector Rank
PE 33.66
Fwd PE 30.82
P/S 3
P/FCF 40.02
P/OCF 27.53
P/B 18.89
P/tB 19.08
EV/EBITDA 21.77
EPS(TTM)4.73
EY2.97%
EPS(NY)5.17
Fwd EY3.24%
FCF(TTM)3.98
FCFY2.5%
OCF(TTM)5.78
OCFY3.63%
SpS53.11
BVpS8.43
TBVpS8.34
PEG (NY)3.65
PEG (5Y)0.45
Graham Number29.95
Profitability
Industry RankSector 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 RankSector 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 6.73
F-Score6
WACC8.91%
ROIC/WACC2.65
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 Fundamental Analysis FAQ

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

ChartMill assigns a fundamental rating of 6 / 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.


What is the profitability of TJX stock?

TJX COMPANIES INC (TJX) has a profitability rating of 8 / 10.


Can you provide the PE and PB ratios for TJX stock?

The Price/Earnings (PE) ratio for TJX COMPANIES INC (TJX) is 33.66 and the Price/Book (PB) ratio is 18.89.


What is the expected EPS growth for TJX COMPANIES INC (TJX) stock?

The Earnings per Share (EPS) of TJX COMPANIES INC (TJX) is expected to grow by 9.21% in the next year.