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TJX Companies Inc (NYSE:TJX)
Price-to-Free-Cash-Flow Ratio
22.06 (As of Today)

As of today, TJX Companies Inc's share price is $77.44. TJX Companies Inc's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Oct. 2016 was $3.51. Hence, TJX Companies Inc's Price-to-Free-Cash-Flow Ratio for today is 22.06.

TJX' s Price-to-Free-Cash-Flow ratio Range Over the Past 10 Years
Min: 8.55   Max: 29.72
Current: 22.06

8.55
29.72

During the past 13 years, TJX Companies Inc's highest Price-to-Free-Cash-Flow Ratio was 29.72. The lowest was 8.55. And the median was 18.89.

TJX's Price-to-Free-Cash-Flow ratio is ranked lower than
58% of the 392 Companies
in the Global Apparel Stores industry.

( Industry Median: 16.34 vs. TJX: 22.06 )

TJX Companies Inc's Free Cash Flow per Share for the three months ended in Oct. 2016 was $1.01. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in Oct. 2016 was $3.51.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of TJX Companies Inc was 22.80% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 2.50% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was 16.20% per year. During the past 10 years, the average Free Cash Flow per Share Growth Rate was 17.60% per year.

During the past 13 years, TJX Companies Inc's highest 3-Year average Free Cash Flow per Share Growth Rate was 36.30% per year. The lowest was -11.90% per year. And the median was 13.50% per year.


Definition

TJX Companies Inc's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/Free Cash Flow per Share (TTM)
=77.44/3.511
=22.06

TJX Companies Inc's Share Price of today is $77.44.
TJX Companies Inc's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Oct. 2016 was 1.525 (Jan. 2016 ) + 0.23 (Apr. 2016 ) + 0.744 (Jul. 2016 ) + 1.012 (Oct. 2016 ) = $3.51.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management’s decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Related Terms

Free Cash Flow, Free Cash Flow per Share, P/S Ratio, P/B Ratio, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

TJX Companies Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
pfcf 17.3817.7215.108.8515.2423.5916.3025.1922.1623.79

TJX Companies Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
pfcf 19.1623.8022.1622.0624.9325.6123.7926.4425.4821.01
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