TJX (MEX:TJX) Cyclically Adjusted FCF per Share: MXN55.83 (As of Apr. 2026)

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MEX:TJX TJX Companies Inc MEX:TJX
86 GF Score
Price MXN2,662.00
GF Value MXN2,344.89
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is TJX Cyclically Adjusted FCF per Share?

TJX MEX:TJX -1.48% 86 Cyclically Adjusted FCF per Share is MXN55.83 as of Apr. 2026. GuruFocus rates MEX:TJX with a GF Score™ of 86/100 and a GF Value™ of MXN2,344.89 (Modestly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

TJX's adjusted free cash flow per share for the three months ended in Apr. 2026 was MXN7.147. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN55.83 for the trailing ten years ended in Apr. 2026.

During the past 12 months, TJX's average Cyclically Adjusted FCF Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of TJX was 71.00% per year. The lowest was 10.30% per year. And the median was 17.85% per year.

As of today (2026-07-22), TJX's current stock price is MXN2662.00. TJX's Cyclically Adjusted FCF per Share for the quarter that ended in Apr. 2026 was MXN55.83. TJX's Cyclically Adjusted Price-to-FCF of today is 47.68.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TJX was 52.96. The lowest was 22.93. And the median was 36.22.


TJX  (MEX:TJX) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

TJX's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2662.00/55.83
=47.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of TJX was 52.96. The lowest was 22.93. And the median was 36.22.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


TJX Cyclically Adjusted FCF per Share Related Terms


TJX Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for TJX's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TJX Cyclically Adjusted FCF per Share Chart

TJX Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.41 42.71 45.00 58.53 53.21

TJX Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.53 55.39 56.14 53.21 55.83

MEX:TJX vs ROST, BURL, LULU: Cyclically Adjusted FCF per Share Comparison

For the Apparel Retail subindustry, TJX's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TJX Cyclically Adjusted Price-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TJX's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TJX's Cyclically Adjusted Price-to-FCF falls into.


MEX:TJX
86GF Score
TJX Companies Inc MEX:TJX
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TJX Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, TJX's adjusted Free Cash Flow per Share data for the three months ended in Apr. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=7.147/333.0200*333.0200
=7.147

Current CPI (Apr. 2026) = 333.0200.

TJX Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201607 6.982 240.628 9.663
201610 9.511 241.729 13.103
201701 19.907 242.839 27.300
201704 2.746 244.524 3.740
201707 5.596 244.786 7.613
201710 7.524 246.663 10.158
201801 12.632 247.867 16.972
201804 6.804 250.546 9.044
201807 7.740 252.006 10.228
201810 9.954 252.885 13.108
201901 20.795 251.712 27.512
201904 -2.582 255.548 -3.365
201907 7.555 256.571 9.806
201910 8.764 257.346 11.341
202001 30.404 257.971 39.249
202004 -67.484 256.389 -87.654
202007 60.410 259.101 77.644
202010 69.325 260.388 88.662
202101 2.418 261.582 3.078
202104 -10.865 267.054 -13.549
202107 18.860 273.003 23.006
202110 12.331 276.589 14.847
202201 13.355 281.148 15.819
202204 -16.232 289.109 -18.697
202207 4.512 296.276 5.072
202210 10.940 298.012 12.225
202301 42.793 299.170 47.635
202304 5.929 303.363 6.509
202307 12.701 305.691 13.836
202310 11.084 307.671 11.997
202401 35.127 308.417 37.929
202404 4.735 313.548 5.029
202407 17.329 314.540 18.347
202410 10.955 315.664 11.557
202501 39.769 317.671 41.691
202504 -1.783 320.795 -1.851
202507 22.163 323.048 22.847
202510 16.488 0.000
202601 41.469 325.252 42.459
202604 7.147 333.020 7.147

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN55.83 mean?
TJX (MEX:TJX) has a Cyclically Adjusted FCF per Share of MXN55.83 as of Apr. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on TJX and its competitors.
Is TJX's Cyclically Adjusted FCF per Share too high?
TJX's current Cyclically Adjusted FCF per Share is MXN55.83. Overall, TJX has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TJX's Cyclically Adjusted FCF per Share compare to ROST and BURL?
TJX's Cyclically Adjusted FCF per Share of MXN55.83 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Retail - Cyclical company?
A good Cyclically Adjusted FCF per Share depends on the Retail - Cyclical industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on TJX and its competitors. TJX's current Cyclically Adjusted FCF per Share is MXN55.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TJX stock overvalued right now?
Based on GuruFocus' analysis, TJX (MEX:TJX) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,344.89, compared to a current price of MXN2,662.00 — trading 13.5% above its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN55.83. TJX's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For TJX (MEX:TJX), the current Cyclically Adjusted FCF per Share is MXN55.83 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TJX (MEX:TJX) Overvalued in 2026?

Based on GuruFocus' analysis, TJX stock appears to be overvalued. The current stock price of MXN2,662.00 is trading 13.5% above its estimated GF Value™ of MXN2,344.89. GuruFocus considers TJX to be Modestly Overvalued.

Key valuation signals for MEX:TJX:

  • Cyclically Adjusted FCF per Share: MXN55.83
  • GF Value™: MXN2,344.89 vs. price of MXN2,662.00 (13.5% above fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the MEX:TJX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TJX Business Description

Address 770 Cochituate Road, Framingham, MA, USA, 01701
Founded in 1987, TJX Companies is the world's largest off-price apparel and home fashions retailer, operating more than 5,000 stores across nine countries. In fiscal 2026, the company generated roughly $60 billion in sales. TJX operates through four segments: Marmaxx (61% of sales), HomeGoods (17%), TJX Canada (9%), and TJX international (13%). Its off-price model emphasizes branded merchandise at meaningful discounts, driving high traffic and rapid inventory turnover.
86GF Score

Get the complete analysis for MEX:TJX

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,662.00
Price
MXN2,344.89
GF Value