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50.53 (1y: +16%)
Market Cap 35.82 B P/E(ttm) 19.30
Enterprise Value 34.87 B P/B 9.90
TJX- NYSE (USA)
TJX Companies
  • Currently 4.5/5
Business Predictability Rank: 4.5-Star
Back Testing Results:
Average gain of all 4.5-Star stocks: 10.6% per year.
% of Stocks that are in still loss if held for 10yrs: 10%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$50.53
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry		 vs
history
Cash to Debt 2.644
TJX's Cash to Debt is ranked higher than
67% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.55 vs. TJX: 2.644 )
TJX' s 10-Year Cash to Debt Range
Min: 0.35   Max: 2.64
Current: 2.64
0.35
2.64
Equity to Asset 0.385
TJX's Equity to Asset is ranked lower than
51% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.52 vs. TJX: 0.385 )
TJX' s 10-Year Equity to Asset Range
Min: 0.32   Max: 0.42
Current: 0.39
0.32
0.42
Interest Coverage 106.5
TJX's Interest Coverage is ranked higher than
76% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 14.50 vs. TJX: 106.5 )
TJX' s 10-Year Interest Coverage Range
Min: 35   Max: No Debt
Current: 106.5
F-Score: 7
Z-Score: 8.11
M-Score: -2.73
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 12.00
TJX's Operating margin (%) is ranked higher than
87% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 4.80 vs. TJX: 12.00 )
TJX' s 10-Year Operating margin (%) Range
Min: 6.5   Max: 12
Current: 12
6.5
12
Net-margin (%) 7.4
TJX's Net-margin (%) is ranked higher than
84% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 3.20 vs. TJX: 7.4 )
TJX' s 10-Year Net-margin (%) Range
Min: 4.1   Max: 7.4
Current: 7.4
4.1
7.4
ROE (%) 52
TJX's ROE (%) is ranked higher than
98% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 7.90 vs. TJX: 52 )
TJX' s 10-Year ROE (%) Range
Min: 32.2   Max: 52
Current: 52
32.2
52
ROA (%) 20
TJX's ROA (%) is ranked higher than
97% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 4.10 vs. TJX: 20 )
TJX' s 10-Year ROA (%) Range
Min: 11.7   Max: 20
Current: 20
11.7
20
ROC (Joel Greenblatt) (%) 99.40
TJX's ROC (Joel Greenblatt) (%) is ranked higher than
95% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 15.70 vs. TJX: 99.40 )
TJX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 43   Max: 99.4
Current: 99.4
43
99.4
Revenue Growth (%) 9.9
TJX's Revenue Growth (%) is ranked higher than
88% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.00 vs. TJX: 9.9 )
TJX' s 10-Year Revenue Growth (%) Range
Min: 6.9   Max: 12.6
Current: 9.9
6.9
12.6
EBITDA Growth (%) 14.8
TJX's EBITDA Growth (%) is ranked higher than
90% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.00 vs. TJX: 14.8 )
TJX' s 10-Year EBITDA Growth (%) Range
Min: 7   Max: 16.4
Current: 14.8
7
16.4
EPS Growth (%) 15.8
TJX's EPS Growth (%) is ranked higher than
88% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.00 vs. TJX: 15.8 )
TJX' s 10-Year EPS Growth (%) Range
Min: 4.9   Max: 18.7
Current: 15.8
4.9
18.7
» TJX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

TJX Guru Trades in Q2 2012

John Keeley 4,990 sh (New)
Joel Greenblatt 32,540 sh (New)
Ken Fisher 314,359 sh (New)
Jim Simons 213,100 sh (New)
Pioneer Investments 2,466,580 sh (+205.06%)
Jean-Marie Eveillard 2,317,451 sh (+10.11%)
Steven Cohen 3,997,792 sh (+7.9%)
John Hussman 450,000 sh (unchged)
Tom Russo 1,000 sh (unchged)
Chuck Akre 971,520 sh (unchged)
Ray Dalio Sold Out
Jeremy Grantham 1,155,998 sh (-0.99%)
PRIMECAP Management 13,056,424 sh (-3.01%)
Ruane Cunniff 32,418,500 sh (-3.69%)
Mario Gabelli 21,275 sh (-10.44%)
Chris Davis 19,120 sh (-16.07%)
Donald Yacktman 15,526 sh (-20.49%)
Robert Olstein 77,000 sh (-30%)
Scott Black 12,973 sh (-30.32%)
Bruce Kovner 76,854 sh (-34.16%)
» More
Q3 2012

TJX Guru Trades in Q3 2012

Ray Dalio 102,678 sh (New)
Paul Tudor Jones 12,900 sh (New)
Bruce Kovner 220,286 sh (+186.63%)
Joel Greenblatt 45,106 sh (+38.62%)
Jeremy Grantham 1,409,376 sh (+21.92%)
Chris Davis 19,120 sh (unchged)
Donald Yacktman 15,526 sh (unchged)
Tom Russo 1,000 sh (unchged)
John Keeley Sold Out
John Hussman Sold Out
Jim Simons Sold Out
PRIMECAP Management 12,969,296 sh (-0.67%)
Ruane Cunniff 31,861,445 sh (-1.72%)
Mario Gabelli 20,115 sh (-5.45%)
Scott Black 12,132 sh (-6.48%)
Jean-Marie Eveillard 2,146,275 sh (-7.39%)
Robert Olstein 58,000 sh (-24.68%)
Pioneer Investments 1,778,295 sh (-27.9%)
Ken Fisher 106,533 sh (-66.11%)
Chuck Akre 41,520 sh (-95.73%)
Steven Cohen 100,197 sh (-97.49%)
» More
Q4 2012

TJX Guru Trades in Q4 2012

John Hussman 250,000 sh (New)
Diamond Hill Capital 3,144,909 sh (New)
Paul Tudor Jones 200,300 sh (+1452.71%)
Steven Cohen 503,614 sh (+402.62%)
Joel Greenblatt 99,054 sh (+119.6%)
Chris Davis 19,120 sh (unchged)
Jeremy Grantham 2,513,926 sh (unchged)
Tom Russo 1,000 sh (unchged)
Robert Olstein 58,000 sh (unchged)
Ken Fisher Sold Out
Chuck Akre Sold Out
Bruce Kovner Sold Out
PRIMECAP Management 12,966,996 sh (-0.02%)
Ruane Cunniff 31,784,821 sh (-0.24%)
Scott Black 12,055 sh (-0.63%)
Mario Gabelli 18,015 sh (-10.44%)
Pioneer Investments 1,571,648 sh (-11.62%)
Ray Dalio 87,578 sh (-14.71%)
Donald Yacktman 7,000 sh (-54.91%)
Jean-Marie Eveillard 952,154 sh (-55.64%)
» More
Q1 2013

TJX Guru Trades in Q1 2013

Jim Simons 3,642,000 sh (New)
Jean-Marie Eveillard 1,190,845 sh (+25.07%)
Diamond Hill Capital 3,587,863 sh (+14.08%)
Scott Black 12,152 sh (+0.8%)
Ruane Cunniff 31,909,919 sh (+0.39%)
John Hussman 250,000 sh (unchged)
Tom Russo 1,000 sh (unchged)
Robert Olstein 58,000 sh (unchged)
Chris Davis Sold Out
Paul Tudor Jones Sold Out
Donald Yacktman Sold Out
Pioneer Investments 1,555,254 sh (-1.04%)
Mario Gabelli 17,775 sh (-1.33%)
PRIMECAP Management 12,745,396 sh (-1.71%)
Jeremy Grantham 2,401,726 sh (-4.46%)
Steven Cohen 441,395 sh (-12.35%)
Joel Greenblatt 73,191 sh (-26.11%)
Ray Dalio 15,678 sh (-82.1%)
» More
» Details

Insider Trades

Latest Guru Trades with TJX

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Reduce -26.11%0.06%$42.45 - $47.12 $ 49.7711%73191
Jean-Marie Eveillard 2013-03-31 Add 25.07%0.04%$42.45 - $47.12 $ 49.7711%1190845
Ray Dalio 2013-03-31 Reduce -82.1%0.03%$42.45 - $47.12 $ 49.7711%15678
Donald Yacktman 2013-03-31 Sold Out $42.45 - $47.12 $ 49.7711%0
John Hussman 2012-12-31 New Buy0.28%$40.36 - $45.5 $ 49.7716%250000
Jean-Marie Eveillard 2012-12-31 Reduce -55.64%0.2%$40.36 - $45.5 $ 49.7716%952154
Chuck Akre 2012-12-31 Sold Out 0.15%$40.36 - $45.5 $ 49.7716%0
Joel Greenblatt 2012-12-31 Add 119.6%0.13%$40.36 - $45.5 $ 49.7716%99054
Joel Greenblatt 2012-12-31 Add 119.6%0.13%$40.36 - $45.5 $ 49.7716%99054
Donald Yacktman 2012-12-31 Reduce -54.91%$40.36 - $45.5 $ 49.7716%7000
Chuck Akre 2012-09-30 Reduce -95.73%3.25%$42.5 - $46.56 $ 49.7711%41520
John Hussman 2012-09-30 Sold Out 0.36%$42.5 - $46.56 $ 49.7711%0
Ray Dalio 2012-09-30 New Buy0.06%$42.5 - $46.56 $ 49.7711%102678
Joel Greenblatt 2012-09-30 Add 38.62%0.04%$42.5 - $46.56 $ 49.7711%45106
John Keeley 2012-09-30 Sold Out 0.0048%$42.5 - $46.56 $ 49.7711%0
Joel Greenblatt 2012-06-30 New Buy0.1%$39.31 - $43.45 $ 49.7720%32540
Scott Black 2012-06-30 Reduce -30.32%0.04%$39.31 - $43.45 $ 49.7720%12973
Ray Dalio 2012-06-30 Sold Out 0.01%$39.31 - $43.45 $ 49.7720%0
John Keeley 2012-06-30 New Buy$39.31 - $43.45 $ 49.7720%4990
Donald Yacktman 2012-06-30 Reduce -20.49%$39.31 - $43.45 $ 49.7720%15526
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Top Ranked Articles about TJX Companies

Diamond Hill Capital Updates Portfolio for Q4 - Top Buys
January 31, 2013
Diamond Hill Capital - Diamond Hill Capital Updates Portfolio For Q4 - Top Buys
The firm Diamond Hill Capital employs a disciplined intrinsic value-based approach to investing with a long-term perspective, in the footsteps of Ben Graham and Warren Buffett. Based in Columbus, Ohio, it has $9.4 billion in assets under management. According to its most recent letter, from July 2012, Diamond Hill buys stock with a five-year time horizon in mind. In the fourth quarter they bought 11 new stocks, the largest of which were: TJX Companies (TJX), Progressive Corp. (PGR), HollyFrontier (HFC), Navigators Group (NAVG) and Hyster-Yale Materials Handling Inc. (HY). Read more...
Chuck Akre’s Q3 Portfolio Updates: Three New Buys Are Verisk Analytics, Monro Muffler/Brake and Colfax Corp.
November 16, 2012
Chuck Akre - Chuck Akre’s Q3 Portfolio Updates: Three New Buys Are Verisk Analytics, Monro Muffler/Brake And Colfax Corp.
Chuck Akre, who manages Virginia-based Akre Capital Management, has reported 20 transactions in his third quarter portfolio update: Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 19.20
TJX's P/E(ttm) is ranked higher than
58% of the 811 Companies
in the Global Apparel Stores industry.

( Industry Median: 16.70 vs. TJX: 19.20 )
TJX' s 10-Year P/E(ttm) Range
Min: 8.55   Max: 23.28
Current: 19.2
8.55
23.28
P/B 9.90
TJX's P/B is ranked lower than
70% of the 953 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.58 vs. TJX: 9.90 )
TJX' s 10-Year P/B Range
Min: 3.88   Max: 10.3
Current: 9.9
3.88
10.3
P/S 1.40
TJX's P/S is ranked lower than
56% of the 992 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.70 vs. TJX: 1.40 )
TJX' s 10-Year P/S Range
Min: 0.45   Max: 1.46
Current: 1.4
0.45
1.46
PFCF 22.60
TJX's PFCF is ranked higher than
57% of the 739 Companies
in the Global Apparel Stores industry.

( Industry Median: 20.11 vs. TJX: 22.60 )
TJX' s 10-Year PFCF Range
Min: 8.47   Max: 46.29
Current: 22.6
8.47
46.29
EV-to-EBIT 11.5
TJX's EV-to-EBIT is ranked higher than
67% of the 818 Companies
in the Global Apparel Stores industry.

( Industry Median: 12.39 vs. TJX: 11.5 )
TJX' s 10-Year EV-to-EBIT Range
Min: 5.1   Max: 13.7
Current: 11.5
5.1
13.7
PEG 0.9
TJX's PEG is ranked higher than
76% of the 392 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.29 vs. TJX: 0.9 )
TJX' s 10-Year PEG Range
Min: 0.74   Max: 1.96
Current: 0.9
0.74
1.96
Shiller P/E 29.4
TJX's Shiller P/E is ranked lower than
100% of the Companies
in the Global Apparel Stores industry.

( Industry Median: vs. TJX: 29.4 )
TJX' s 10-Year Shiller P/E Range
Min: 11.99   Max: 31.61
Current: 29.4
11.99
31.61

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.00
TJX's Dividend Yield is ranked lower than
55% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.25 vs. TJX: 1.00 )
TJX' s 10-Year Dividend Yield Range
Min: 0.42   Max: 2.12
Current: 1
0.42
2.12
Dividend Payout 0.1758
TJX's Dividend Payout is ranked higher than
94% of the 598 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.40 vs. TJX: 0.1758 )
TJX' s 10-Year Dividend Payout Range
Min: 0.08   Max: 0.24
Current: 0.18
0.08
0.24
Dividend growth (3y) 10.1
TJX's Dividend growth (3y) is ranked higher than
92% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.00 vs. TJX: 10.1 )
TJX' s 10-Year Dividend growth (3y) Range
Min: 2   Max: 28.9
Current: 10.1
2
28.9
Yield on cost (5-Year) 2.91
TJX's Yield on cost (5-Year) is ranked higher than
75% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.19 vs. TJX: 2.91 )
TJX' s 10-Year Yield on cost (5-Year) Range
Min: 1.22   Max: 6.17
Current: 2.91
1.22
6.17
Share Buyback Rate 3.3
TJX's Share Buyback Rate is ranked higher than
97% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.00 vs. TJX: 3.3 )
TJX' s 10-Year Share Buyback Rate Range
Min: 4.1   Max: 1.6
Current: 3.3

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 21.7
TJX's Price/Net Current Asset Value is ranked lower than
57% of the 894 Companies
in the Global Apparel Stores industry.

( Industry Median: 7.30 vs. TJX: 21.7 )
TJX' s 10-Year Price/Net Current Asset Value Range
Min: 6.1   Max: 20.3
Current: 21.7
6.1
20.3
Price/Tangible Book 10.8
TJX's Price/Tangible Book is ranked lower than
69% of the 868 Companies
in the Global Apparel Stores industry.

( Industry Median: 2.00 vs. TJX: 10.8 )
TJX' s 10-Year Price/Tangible Book Range
Min: 4.4   Max: 10.1
Current: 10.8
4.4
10.1
Price/DCF (Projected) 1.6
TJX's Price/DCF (Projected) is ranked higher than
53% of the 447 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.30 vs. TJX: 1.6 )
TJX' s 10-Year Price/DCF (Projected) Range
Min: 0.8   Max: 1.8
Current: 1.6
0.8
1.8
Price/Median PS Value 1.7
TJX's Price/Median PS Value is ranked lower than
63% of the 927 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.10 vs. TJX: 1.7 )
TJX' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 1.6
Current: 1.7
0.5
1.6
Price/Peter Lynch Fair Value 0.9
TJX's Price/Peter Lynch Fair Value is ranked higher than
75% of the 269 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.10 vs. TJX: 0.9 )
TJX' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.8   Max: 1.7
Current: 0.9
0.8
1.7
Price/Graham Number 3.1
TJX's Price/Graham Number is ranked lower than
63% of the 733 Companies
in the Global Apparel Stores industry.

( Industry Median: 1.30 vs. TJX: 3.1 )
TJX' s 10-Year Price/Graham Number Range
Min: 1.4   Max: 3.1
Current: 3.1
1.4
3.1
Earnings Yield (Greenblatt) 8.70
TJX's Earnings Yield (Greenblatt) is ranked higher than
74% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 6.80 vs. TJX: 8.70 )
TJX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 7.3   Max: 19.6
Current: 8.7
7.3
19.6
Forward Rate of Return (Yacktman) 24.34
TJX's Forward Rate of Return (Yacktman) is ranked higher than
93% of the 1044 Companies
in the Global Apparel Stores industry.

( Industry Median: 0.00 vs. TJX: 24.34 )
TJX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 12.7   Max: 25.3
Current: 24.34
12.7
25.3

Business Description

The TJX Companies, Inc. is an off-price apparel and home fashions retailer in the United States and worldwide. It has over 2,900 stores offer a rapidly changing assortment of quality, fashionable, brand-name and designer merchandise at discounts prices every day. It operates apparel and home fashions off-price retail chains, brand-name merchandise within four major divisions the T.J. MAXX and Marshalls Group and HomeGoods in the U.S., TJX Canada and TJX Europe. T.J. MAXX and Marshalls group is collectively the largest off-price retailer in the United States with a total of 1,867 stores. Both chains sell family apparel (including footwear and accessories), home fashions (including home basics, accent furniture, lamps, rugs, wall décor, decorative accessories and giftware) and other merchandise. HomeGoods, through its 374 stores, the chain offers a broad array of home basics, giftware, accent furniture, lamps, rugs, wall décor, decorative accessories, and children's furniture, seasonal and other merchandise. TJX Canada includes Winner; Marshalls Stores and HomeSense. Winners is the off-price apparel and home fashions retailer with 216 stores across Canada; Marshalls stores are footwear department and a juniors' department called The Cube; and HomeSense chain has 86 stores with a merchandise mix of home fashions in Canada. TJX Europe includes T.K. MAXX and HomeSense. T.K. MAXX is the Europe's off-price retailer of apparel and home fashions with 332 stores; HomeSense has 24 stores offer a merchandise mix of home fashions in the U.K. The company buys most of its inventory directly from manufacturers with some coming from retailers and other sources. It's buying organization numbers over 700, and it operates 12 buying offices in nine countries. The company operates distribution centers encompassing approximately 11 million square feet in four countries. These centers are large, highly automated and built to suit its specific, off-price business model. The company competes with local, regional, national and international department, specialty, off-price, discount, warehouse and outlet stores as well as other retailers that sell apparel, home fashions and other merchandise that it sell, whether in stores, through catalogues or other media or over the internet. The company has the right to use its principal trademarks and service marks which are T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx and A.J. Wright, in relevant countries. The Company's rights in these trademarks and service marks endure for as long as they are used. It is subject to federal, state, provincial and local laws, rules and regulations in the United States and abroad.
Company Website
SEC Reports
Industry: Apparel Stores
Compare:IDEXY, ARO, FRCOF, ROST, SSI
Traded in other countries:TJX.Germany
» More Articles for TJX

Headlines

Articles On GuruFocus.com
Texan Super-Investor Yacktman’s Eleven Sells May 25 2013 
comment on TJX Apr 21 2013 
Diamond Hill Capital Updates Portfolio for Q4: Top New Buys Jan 31 2013 
Chuck Akre’s Q3 Portfolio Updates: Three New Buys Are Verisk Analytics, Monro Muffler/Brake and Co Nov 16 2012 
Always Question the Assumptions: Franklin Resources Aug 14 2012 
TJX Companies Inc. – Stock Research Analysis Aug 06 2012 
Columbia Value and Restructuring Fund Second Quarter Commentary Jul 26 2012 
Weekly Top Insider Sells: ORCL, FDO, TJX, LNKD Jul 16 2012 
comment on TJX Jun 30 2012 
TJX CEO Carol Meyrowitz Sold $5,344,749 Worth of Shares Jun 05 2012 

More From Our Partners
Dawn Lepore Now on the TJX Board - Analyst Blog Jun 13 2013 - ZACKS

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