TJX Companies
Market Cap
US$83.8b
Last Updated
2021/04/13 22:13 UTC
Data Sources
Company Financials +
Executive Summary
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
High growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has TJX Companies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TJX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TJX's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
1.2%
TJX
0.9%
US Specialty Retail
1.3%
US Market
1 Year Return
36.3%
TJX
106.9%
US Specialty Retail
53.9%
US Market
Return vs Industry: TJX underperformed the US Specialty Retail industry which returned 106.9% over the past year.
Return vs Market: TJX underperformed the US Market which returned 53.9% over the past year.
Shareholder returns
| TJX | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 0.9% | 1.3% |
| 30 Day | 2.4% | 1.6% | 2.8% |
| 90 Day | 0.5% | 13.3% | 6.6% |
| 1 Year | 36.8%36.3% | 108.1%106.9% | 56.6%53.9% |
| 3 Year | 70.1%64.1% | 108.7%100.5% | 62.7%52.3% |
| 5 Year | 88.3%76.2% | 106.8%91.3% | 120.5%95.9% |
Long-Term Price Volatility Vs. Market
How volatile is TJX Companies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Is The TJX Companies, Inc. (NYSE:TJX) A Strong Dividend Stock?2 weeks ago | Simply Wall St
TJX Companies' (NYSE:TJX) Returns On Capital Not Reflecting Well On The Business1 month ago | Simply Wall St
Don't Ignore The Fact That This Insider Just Sold Some Shares In The TJX Companies, Inc. (NYSE:TJX)Valuation
Is TJX Companies undervalued compared to its fair value and its price relative to the market?
908.01x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TJX ($68.46) is trading above our estimate of fair value ($46.88)
Significantly Below Fair Value: TJX is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TJX is poor value based on its PE Ratio (908x) compared to the US Specialty Retail industry average (19.4x).
PE vs Market: TJX is poor value based on its PE Ratio (908x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: TJX is poor value based on its PEG Ratio (27.8x)
Price to Book Ratio
PB vs Industry: TJX is overvalued based on its PB Ratio (14.1x) compared to the US Specialty Retail industry average (3x).
Future Growth
How is TJX Companies forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
32.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TJX's forecast earnings growth (32.6% per year) is above the savings rate (2%).
Earnings vs Market: TJX's earnings (32.6% per year) are forecast to grow faster than the US market (18.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TJX's revenue (10.8% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: TJX's revenue (10.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TJX's Return on Equity is forecast to be very high in 3 years time (55.2%).
Past Performance
How has TJX Companies performed over the past 5 years?
-8.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TJX has a large one-off gain of $199.8M impacting its January 30 2021 financial results.
Growing Profit Margin: TJX's current net profit margins (0.3%) are lower than last year (7.8%).
Past Earnings Growth Analysis
Earnings Trend: TJX's earnings have declined by 8.2% per year over the past 5 years.
Accelerating Growth: TJX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TJX had negative earnings growth (-97.2%) over the past year, making it difficult to compare to the Specialty Retail industry average (30.5%).
Return on Equity
High ROE: TJX's Return on Equity (1.6%) is considered low.
Financial Health
How is TJX Companies's financial position?
Financial Position Analysis
Short Term Liabilities: TJX's short term assets ($15.7B) exceed its short term liabilities ($10.8B).
Long Term Liabilities: TJX's short term assets ($15.7B) exceed its long term liabilities ($14.2B).
Debt to Equity History and Analysis
Debt Level: TJX's debt to equity ratio (104.3%) is considered high.
Reducing Debt: TJX's debt to equity ratio has increased from 37.4% to 104.3% over the past 5 years.
Debt Coverage: TJX's debt is well covered by operating cash flow (75%).
Interest Coverage: TJX's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
Dividend
What is TJX Companies's current dividend yield, its reliability and sustainability?
1.52%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TJX's dividend (1.52%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: TJX's dividend (1.52%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: TJX's dividend payments have been volatile in the past 10 years.
Growing Dividend: TJX's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (344.8%), TJX's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TJX's dividends in 3 years are forecast to be well covered by earnings (39.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.6yrs
Average management tenure
CEO
Ernie Herrman (59 yo)
5.25yrs
Tenure
US$19,083,676
Compensation
Mr. Ernie L. Herrman has been the President of The TJX Companies, Inc. since January 2011 and has been its Chief Executive Officer since January 31, 2016 and Director since October 7, 2015. Mr. Herrman ser...
CEO Compensation Analysis
Compensation vs Market: Ernie's total compensation ($USD19.08M) is above average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Ernie's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TJX's management team is seasoned and experienced (6.6 years average tenure).
Board Members
Experienced Board: TJX's board of directors are considered experienced (7.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TJX insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
The TJX Companies, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: The TJX Companies, Inc.
- Ticker: TJX
- Exchange: NYSE
- Founded: NaN
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: US$83.839b
- Shares outstanding: 1.21b
- Website: https://www.tjx.com
Number of Employees
Location
- The TJX Companies, Inc.
- 770 Cochituate Road
- Framingham
- Massachusetts
- 1701
- United States
Listings
Biography
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Internationa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 22:13 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2021/01/30 |
| Annual Earnings | 2021/01/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.