The TJX Companies, Inc.

NYSE:TJX Stock Report

Market Cap: US$136.2b

TJX Companies Valuation

Is TJX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TJX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TJX ($122) is trading below our estimate of fair value ($125.45)

Significantly Below Fair Value: TJX is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TJX?

Key metric: As TJX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TJX. This is calculated by dividing TJX's market cap by their current earnings.
What is TJX's PE Ratio?
PE Ratio28.2x
EarningsUS$4.87b
Market CapUS$136.25b

Price to Earnings Ratio vs Peers

How does TJX's PE Ratio compare to its peers?

The above table shows the PE ratio for TJX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.7x
ROST Ross Stores
23.3x7.8%US$48.8b
BURL Burlington Stores
38.1x19.2%US$17.7b
GAP Gap
11x3.8%US$9.0b
ANF Abercrombie & Fitch
14.5x5.6%US$7.7b
TJX TJX Companies
28.2x7.5%US$136.2b

Price-To-Earnings vs Peers: TJX is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the peer average (21.7x).

Price to Earnings Ratio vs Industry

How does TJX's PE Ratio compare vs other companies in the US Specialty Retail Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TKLF Tokyo Lifestyle
2xn/aUS$14.44m
SSOK Sunstock
0.8xn/aUS$556.28k
MASN Maison Luxe
0.08xn/aUS$168.03k
FTCH.Q Farfetch
n/an/aUS$395.00
TJX 28.2xIndustry Avg. 16.6xNo. of Companies10PE01224364860+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TJX is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the US Specialty Retail industry average (16.6x).

Price to Earnings Ratio vs Fair Ratio

What is TJX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TJX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.2x
Fair PE Ratio20.1x

Price-To-Earnings vs Fair Ratio: TJX is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the estimated Fair Price-To-Earnings Ratio (20.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TJX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$122.00
US$129.55
+6.2%
13.9%US$148.00US$82.13n/a22
Dec ’25US$125.69
US$127.32
+1.3%
13.6%US$148.00US$81.00n/a22
Nov ’25US$112.39
US$126.05
+12.2%
13.4%US$148.00US$81.00n/a22
Oct ’25US$116.64
US$126.10
+8.1%
13.4%US$148.00US$81.00n/a22
Sep ’25US$117.27
US$127.62
+8.8%
11.1%US$148.00US$81.00n/a22
Aug ’25US$113.66
US$114.48
+0.7%
9.6%US$134.00US$78.00n/a22
Jul ’25US$110.58
US$113.62
+2.7%
9.4%US$134.00US$78.00n/a22
Jun ’25US$103.10
US$112.78
+9.4%
9.8%US$134.00US$74.00n/a22
May ’25US$93.82
US$110.39
+17.7%
8.6%US$120.00US$74.00n/a23
Apr ’25US$99.70
US$109.96
+10.3%
8.8%US$120.00US$74.00n/a23
Mar ’25US$98.51
US$109.00
+10.7%
9.6%US$120.00US$71.00n/a23
Feb ’25US$97.06
US$102.22
+5.3%
8.6%US$116.00US$71.00n/a23
Jan ’25US$93.81
US$100.44
+7.1%
8.1%US$110.00US$71.00n/a23
Dec ’24US$89.04
US$100.46
+12.8%
7.8%US$110.00US$73.00US$125.6923
Nov ’24US$88.06
US$98.61
+12.0%
8.0%US$110.00US$73.00US$112.3922
Oct ’24US$88.88
US$98.61
+11.0%
8.0%US$110.00US$73.00US$116.6422
Sep ’24US$92.64
US$97.59
+5.3%
8.6%US$110.00US$73.00US$117.2722
Aug ’24US$86.37
US$89.77
+3.9%
8.1%US$110.00US$71.00US$113.6622
Jul ’24US$84.79
US$88.77
+4.7%
8.8%US$110.00US$71.00US$110.5822
Jun ’24US$76.65
US$87.40
+14.0%
7.5%US$96.00US$71.00US$103.1020
May ’24US$78.32
US$86.60
+10.6%
7.5%US$95.00US$71.00US$93.8220
Apr ’24US$78.36
US$86.45
+10.3%
7.9%US$95.00US$68.00US$99.7020
Mar ’24US$76.86
US$86.70
+12.8%
7.4%US$95.00US$68.00US$98.5123
Feb ’24US$82.42
US$85.82
+4.1%
7.2%US$95.00US$68.00US$97.0623
Jan ’24US$79.60
US$85.30
+7.2%
7.9%US$95.00US$64.00US$93.8123
Dec ’23US$79.74
US$85.09
+6.7%
8.2%US$95.00US$64.00US$89.0422

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 04:52
End of Day Share Price 2024/12/20 00:00
Earnings2024/11/02
Annual Earnings2024/02/03

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The TJX Companies, Inc. is covered by 64 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher GrajaArgus Research Company
Daniela NedialkovaAtlantic Equities LLP
Mark MontagnaAvondale Partners