(TJX) The TJX Companies - NYSE
Sector: Consumer Cyclical | Industry: Apparel Retail | Exchange: NYSE (USA) | Market Cap: 186.043m USD | Total Return: 36.3% in 12m
Avg Turnover: 927M
EPS Trend: 96.4%
Qual. Beats: 4
Rev. Trend: 98.3%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Pead, Tailwind
The TJX Companies, Inc. is a global off-price retailer specializing in apparel and home fashions. Operating through four primary segments-Marmaxx, HomeGoods, TJX Canada, and TJX International-the company maintains a diverse inventory including footwear, jewelry, furniture, and gourmet food. Its multi-channel distribution strategy utilizes both a vast brick-and-mortar store network and e-commerce platforms.
The off-price business model relies on opportunistic buying, where retailers purchase excess inventory from manufacturers at significant discounts to offer consumers value pricing. This sector often demonstrates resilience during economic downturns as consumers trade down to lower-priced retail options. Investors may find further technical analysis and valuation metrics on ValueRay.
Founded in 1962 and headquartered in Framingham, Massachusetts, the company has expanded its footprint across North America and Europe. By maintaining a lean supply chain and rapid inventory turnover, TJX differentiates itself from traditional department stores that rely on seasonal buying cycles.
- Inventory procurement through opportunistic buying drives gross margin and merchandise variety
- Consumer trade-down behavior during inflationary cycles boosts comparable store sales
- International segment expansion scales revenue growth in European and Australian markets
- Supply chain logistics and freight costs impact operating margins across retail segments
- Marmaxx segment performance dictates consolidated revenue and free cash flow generation
| Net Income: 5.79b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 3.29 > 1.0 |
| NWC/Revenue: 2.90% < 20% (prev 3.10%; Δ -0.20% < -1%) |
| CFO/TA 0.21 > 3% & CFO 7.60b > Net Income 5.79b |
| Net Debt (19.9b) to EBITDA (8.92b): 2.23 < 3 |
| Current Ratio: 1.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.12b) vs 12m ago -1.06% < -2% |
| Gross Margin: 31.44% > 18% (prev 30.48%; Δ 0.96% > 0.5%) |
| Asset Turnover: 181.1% > 50% (prev 178.9%; Δ 2.19% > 0%) |
| Interest Coverage Ratio: 70.67 > 6 (EBIT TTM 7.63b / Interest Expense TTM 108.0m) |
| A: 0.05 (Total Current Assets 14.6b - Total Current Liabilities 12.9b) / Total Assets 36.2b |
| B: 0.27 (Retained Earnings 9.67b / Total Assets 36.2b) |
| C: 0.22 (EBIT TTM 7.63b / Avg Total Assets 34.0b) |
| D: 0.40 (Book Value of Equity 10.4b / Total Liabilities 25.8b) |
| Altman-Z'' = 3.13 = A |
| DSRI: 1.02 (Receivables 706.0m/638.0m, Revenue 61.6b/57.0b) |
| GMI: 0.97 (GM 30.48% / 31.44%) |
| AQI: 1.01 (AQ_t 0.06 / AQ_t-1 0.06) |
| SGI: 1.08 (Revenue 61.6b / 57.0b) |
| TATA: -0.05 (NI 5.79b - CFO 7.60b) / TA 36.2b) |
| Beneish M = -2.98 (Cap -4..+1) = A |
As of June 16, 2026, the stock is trading at USD 167.33 with a total of 3,623,069 shares traded.
Over the past week, the price has changed by +4.74%,
over one month by +13.50%,
over three months by +7.60% and
over the past year by +36.30%.
The TJX Companies has received a consensus analysts rating of 4.62. Therefore, it is recommended to buy TJX.
- StrongBuy: 16
- Buy: 3
- Hold: 1
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 177.6 | 6.2% |
P/E Trailing = 32.7646
P/E Forward = 32.3625
P/S = 3.021
P/B = 17.8762
P/EG = 3.597
Revenue TTM = 61.6b USD
EBIT TTM = 7.63b USD
EBITDA TTM = 8.92b USD
Long Term Debt = 1.87b USD (from longTermDebt, last quarter)
Short Term Debt = 2.71b USD (from shortTermDebt, last quarter)
Debt = 25.5b USD (from shortLongTermDebtTotal, last quarter) + Leases 11.3b
Net Debt = 19.9b USD (calculated: Debt 25.5b - CCE 5.58b)
Enterprise Value = 206b USD (186b + Debt 25.5b - CCE 5.58b)
Interest Coverage Ratio = 70.67 (Ebit TTM 7.63b / Interest Expense TTM 108.0m)
EV/FCF = 37.60x (Enterprise Value 206b / FCF TTM 5.48b)
FCF Yield = 2.66% (FCF TTM 5.48b / Enterprise Value 206b)
FCF Margin = 8.89% (FCF TTM 5.48b / Revenue TTM 61.6b)
Net Margin = 9.40% (Net Income TTM 5.79b / Revenue TTM 61.6b)
Gross Margin = 31.44% ((Revenue TTM 61.6b - Cost of Revenue TTM 42.2b) / Revenue TTM)
Gross Margin QoQ = 31.28% (prev 30.86%)
Tobins Q-Ratio = 5.70 (Enterprise Value 206b / Total Assets 36.2b)
Interest Expense / Debt = 0.42% (Interest Expense 108.0m / Debt 25.5b)
Taxrate = 24.55% (1.88b / 7.67b)
NOPAT = 5.76b (EBIT 7.63b * (1 - 24.55%))
Current Ratio = 1.14 (Total Current Assets 14.6b / Total Current Liabilities 12.9b)
Debt / Equity = 2.45 (Debt 25.5b / totalStockholderEquity, last quarter 10.4b)
Debt / EBITDA = 2.23 (Net Debt 19.9b / EBITDA 8.92b)
Debt / FCF = 3.64 (Net Debt 19.9b / FCF TTM 5.48b)
Total Stockholder Equity = 9.70b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.03% (Net Income 5.79b / Total Assets 36.2b)
RoE = 59.66% (Net Income TTM 5.79b / Total Stockholder Equity 9.70b)
RoCE = 65.93% (EBIT 7.63b / Capital Employed (Equity 9.70b + L.T.Debt 1.87b))
RoIC = 25.11% (NOPAT 5.76b / Invested Capital 22.9b)
WACC = 6.27% (E(186b)/V(212b) * Re(7.08%) + D(25.5b)/V(212b) * Rd(0.42%) * (1-Tc(0.25)))
Discount Rate = 7.08% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -1.24%
[DCF] Terminal Value 77.97% ; FCFF base≈4.80b ; Y1≈5.50b ; Y5≈8.09b
[DCF] Fair Price = 92.22 (EV 122b - Net Debt 19.9b = Equity 102b / Shares 1.10b; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 96.45 | EPS CAGR: 13.54% | SUE: 3.18 | # QB: 4
Revenue Correlation: 98.35 | Revenue CAGR: 6.11% | SUE: 2.83 | # QB: 4
EPS current Quarter (2026-07-31): EPS=1.18 | Chg30d=+1.25% | Revisions=+33% | Analysts=9
EPS next Quarter (2026-10-31): EPS=1.33 | Chg30d=-1.99% | Revisions=-56% | Analysts=9
EPS current Year (2027-01-31): EPS=5.21 | Chg30d=+2.10% | Revisions=+64% | GrowthEPS=+6.9% | GrowthRev=+6.2%
EPS next Year (2028-01-31): EPS=5.71 | Chg30d=+0.78% | Revisions=+56% | GrowthEPS=+9.7% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: +64%