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TJX Companies Inc (NYSE:TJX)
EV/EBIT
12.09 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, TJX Companies Inc's enterprise value is $43,587 Mil. TJX Companies Inc's operating income for the trailing twelve months (TTM) ended in Jan. 2015 was $3,607 Mil. Therefore, TJX Companies Inc's EV/EBIT ratio for today is 12.09.

TJX' s 10-Year EV/EBIT Range
Min: 6.1   Max: 13.8
Current: 12.07

6.1
13.8

During the past 13 years, the highest EV/EBIT Ratio of TJX Companies Inc was 13.80. The lowest was 6.10. And the median was 11.00.

TJX's EV/EBITis ranked higher than
85% of the 1605 Companies
in the Global Apparel Stores industry.

( Industry Median: 21.26 vs. TJX: 12.07 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). TJX Companies Inc's enterprise value for the quarter that ended in Jan. 2015 was $44,059 Mil. TJX Companies Inc's Operating Income for the trailing twelve months (TTM) ended in Jan. 2015 was $3,607 Mil. TJX Companies Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2015 was 8.19%.


Definition

TJX Companies Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=43586.840/3606.501
=12.09

TJX Companies Inc's current Enterprise Value is $43,587 Mil.
TJX Companies Inc's Operating Income for the trailing twelve months (TTM) ended in Jan. 2015 was 740.126 (Apr. 2014 ) + 858.598 (Jul. 2014 ) + 969.14 (Oct. 2014 ) + 1038.637 (Jan. 2015 ) = $3,607 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

TJX Companies Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jan. 2015 )=Operating Income (TTM)/Enterprise Value (Q: Jan. 2015 )
=3606.501/44059.2952
=8.19 %

TJX Companies Inc's Enterprise Value for the quarter that ended in Jan. 2015 was $44,059 Mil.
TJX Companies Inc's Operating Income for the trailing twelve months (TTM) ended in Jan. 2015 was 740.126 (Apr. 2014 ) + 858.598 (Jul. 2014 ) + 969.14 (Oct. 2014 ) + 1038.637 (Jan. 2015 ) = $3,607 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

TJX Companies Inc Annual Data

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
ev2ebit 11.6710.4511.025.867.487.9110.2510.1211.7212.22

TJX Companies Inc Quarterly Data

Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
ev2ebit 10.2110.1210.8311.2312.5111.7211.9010.5212.1912.22
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