Intrinsic value of TJX - TJX

Previous Close

$99.53

  Intrinsic Value

$76.85

stock screener

  Rating & Target

sell

-23%

Previous close

$99.53

 
Intrinsic value

$76.85

 
Up/down potential

-23%

 
Rating

sell

We calculate the intrinsic value of TJX stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2017), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 65.3

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046
   2047

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  7.20
  6.98
  6.78
  6.60
  6.44
  6.30
  6.17
  6.05
  5.95
  5.85
  5.77
  5.69
  5.62
  5.56
  5.50
  5.45
  5.41
  5.37
  5.33
  5.30
  5.27
  5.24
  5.22
  5.19
  5.18
  5.16
  5.14
  5.13
  5.12
  5.10
Revenue, $m
  35,573
  38,056
  40,637
  43,321
  46,112
  49,017
  52,041
  55,190
  58,473
  61,895
  65,464
  69,189
  73,079
  77,141
  81,387
  85,825
  90,466
  95,321
  100,402
  105,720
  111,289
  117,121
  123,231
  129,633
  136,342
  143,374
  150,747
  158,477
  166,583
  175,085
Variable operating expenses, $m
  31,303
  33,487
  35,756
  38,116
  40,571
  43,125
  45,785
  48,555
  51,441
  54,450
  57,570
  60,846
  64,266
  67,839
  71,572
  75,475
  79,556
  83,826
  88,294
  92,971
  97,868
  102,997
  108,370
  114,000
  119,900
  126,085
  132,568
  139,366
  146,495
  153,972
Fixed operating expenses, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  31,303
  33,487
  35,756
  38,116
  40,571
  43,125
  45,785
  48,555
  51,441
  54,450
  57,570
  60,846
  64,266
  67,839
  71,572
  75,475
  79,556
  83,826
  88,294
  92,971
  97,868
  102,997
  108,370
  114,000
  119,900
  126,085
  132,568
  139,366
  146,495
  153,972
Operating income, $m
  4,270
  4,570
  4,881
  5,204
  5,541
  5,891
  6,256
  6,636
  7,032
  7,444
  7,894
  8,344
  8,813
  9,303
  9,814
  10,350
  10,909
  11,495
  12,107
  12,749
  13,420
  14,124
  14,861
  15,633
  16,442
  17,290
  18,179
  19,111
  20,088
  21,114
EBITDA, $m
  4,777
  5,111
  5,457
  5,818
  6,192
  6,583
  6,989
  7,412
  7,852
  8,312
  8,791
  9,291
  9,814
  10,359
  10,929
  11,525
  12,149
  12,801
  13,483
  14,197
  14,945
  15,728
  16,549
  17,408
  18,309
  19,254
  20,244
  21,282
  22,371
  23,512
Interest expense (income), $m
  73
  120
  153
  187
  222
  258
  296
  336
  377
  420
  465
  512
  560
  611
  664
  719
  777
  838
  901
  967
  1,036
  1,109
  1,185
  1,264
  1,347
  1,435
  1,526
  1,622
  1,722
  1,828
  1,938
Earnings before tax, $m
  4,150
  4,417
  4,694
  4,983
  5,283
  5,595
  5,920
  6,259
  6,611
  6,979
  7,383
  7,783
  8,202
  8,639
  9,095
  9,573
  10,072
  10,594
  11,141
  11,713
  12,312
  12,939
  13,596
  14,285
  15,007
  15,764
  16,557
  17,389
  18,261
  19,176
Tax expense, $m
  1,120
  1,193
  1,267
  1,345
  1,426
  1,511
  1,598
  1,690
  1,785
  1,884
  1,993
  2,102
  2,214
  2,332
  2,456
  2,585
  2,719
  2,860
  3,008
  3,162
  3,324
  3,494
  3,671
  3,857
  4,052
  4,256
  4,470
  4,695
  4,930
  5,177
Net income, $m
  3,029
  3,224
  3,427
  3,637
  3,856
  4,084
  4,322
  4,569
  4,826
  5,095
  5,389
  5,682
  5,987
  6,306
  6,639
  6,988
  7,352
  7,734
  8,133
  8,550
  8,988
  9,446
  9,925
  10,428
  10,955
  11,507
  12,087
  12,694
  13,330
  13,998

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  13,809
  14,773
  15,775
  16,817
  17,901
  19,028
  20,202
  21,425
  22,699
  24,027
  25,413
  26,859
  28,369
  29,946
  31,594
  33,317
  35,119
  37,003
  38,976
  41,040
  43,202
  45,466
  47,838
  50,323
  52,928
  55,658
  58,520
  61,521
  64,667
  67,968
Adjusted assets (=assets-cash), $m
  13,809
  14,773
  15,775
  16,817
  17,901
  19,028
  20,202
  21,425
  22,699
  24,027
  25,413
  26,859
  28,369
  29,946
  31,594
  33,317
  35,119
  37,003
  38,976
  41,040
  43,202
  45,466
  47,838
  50,323
  52,928
  55,658
  58,520
  61,521
  64,667
  67,968
Revenue / Adjusted assets
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
  2.576
Average production assets, $m
  4,874
  5,214
  5,567
  5,935
  6,317
  6,715
  7,130
  7,561
  8,011
  8,480
  8,969
  9,479
  10,012
  10,568
  11,150
  11,758
  12,394
  13,059
  13,755
  14,484
  15,247
  16,046
  16,883
  17,760
  18,679
  19,642
  20,652
  21,711
  22,822
  23,987
Working capital, $m
  1,530
  1,636
  1,747
  1,863
  1,983
  2,108
  2,238
  2,373
  2,514
  2,661
  2,815
  2,975
  3,142
  3,317
  3,500
  3,690
  3,890
  4,099
  4,317
  4,546
  4,785
  5,036
  5,299
  5,574
  5,863
  6,165
  6,482
  6,815
  7,163
  7,529
Total debt, $m
  2,831
  3,457
  4,109
  4,786
  5,490
  6,223
  6,986
  7,781
  8,609
  9,473
  10,373
  11,313
  12,295
  13,320
  14,391
  15,511
  16,682
  17,907
  19,189
  20,531
  21,936
  23,408
  24,950
  26,565
  28,258
  30,032
  31,893
  33,843
  35,889
  38,034
Total liabilities, $m
  8,976
  9,603
  10,254
  10,931
  11,635
  12,368
  13,131
  13,926
  14,754
  15,618
  16,519
  17,458
  18,440
  19,465
  20,536
  21,656
  22,827
  24,052
  25,334
  26,676
  28,081
  29,553
  31,095
  32,710
  34,403
  36,178
  38,038
  39,988
  42,034
  44,179
Total equity, $m
  4,833
  5,171
  5,521
  5,886
  6,265
  6,660
  7,071
  7,499
  7,945
  8,410
  8,895
  9,401
  9,929
  10,481
  11,058
  11,661
  12,292
  12,951
  13,642
  14,364
  15,121
  15,913
  16,743
  17,613
  18,525
  19,480
  20,482
  21,532
  22,634
  23,789
Total liabilities and equity, $m
  13,809
  14,774
  15,775
  16,817
  17,900
  19,028
  20,202
  21,425
  22,699
  24,028
  25,414
  26,859
  28,369
  29,946
  31,594
  33,317
  35,119
  37,003
  38,976
  41,040
  43,202
  45,466
  47,838
  50,323
  52,928
  55,658
  58,520
  61,520
  64,668
  67,968
Debt-to-equity ratio
  0.590
  0.670
  0.740
  0.810
  0.880
  0.930
  0.990
  1.040
  1.080
  1.130
  1.170
  1.200
  1.240
  1.270
  1.300
  1.330
  1.360
  1.380
  1.410
  1.430
  1.450
  1.470
  1.490
  1.510
  1.530
  1.540
  1.560
  1.570
  1.590
  1.600
Adjusted equity ratio
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350
  0.350

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  3,029
  3,224
  3,427
  3,637
  3,856
  4,084
  4,322
  4,569
  4,826
  5,095
  5,389
  5,682
  5,987
  6,306
  6,639
  6,988
  7,352
  7,734
  8,133
  8,550
  8,988
  9,446
  9,925
  10,428
  10,955
  11,507
  12,087
  12,694
  13,330
  13,998
Depreciation, amort., depletion, $m
  507
  541
  576
  613
  651
  691
  733
  776
  821
  868
  897
  948
  1,001
  1,057
  1,115
  1,176
  1,239
  1,306
  1,376
  1,448
  1,525
  1,605
  1,688
  1,776
  1,868
  1,964
  2,065
  2,171
  2,282
  2,399
Funds from operations, $m
  3,536
  3,765
  4,003
  4,250
  4,508
  4,775
  5,054
  5,344
  5,647
  5,963
  6,286
  6,630
  6,988
  7,363
  7,754
  8,164
  8,592
  9,039
  9,508
  9,999
  10,512
  11,050
  11,614
  12,204
  12,823
  13,472
  14,152
  14,865
  15,613
  16,397
Change in working capital, $m
  103
  107
  111
  115
  120
  125
  130
  135
  141
  147
  153
  160
  167
  175
  183
  191
  200
  209
  218
  229
  239
  251
  263
  275
  288
  302
  317
  332
  349
  366
Cash from operations, $m
  3,434
  3,658
  3,892
  4,135
  4,388
  4,651
  4,924
  5,209
  5,506
  5,815
  6,133
  6,470
  6,821
  7,188
  7,572
  7,973
  8,392
  8,831
  9,290
  9,770
  10,273
  10,799
  11,351
  11,929
  12,535
  13,169
  13,835
  14,532
  15,264
  16,031
Maintenance CAPEX, $m
  -453
  -487
  -521
  -557
  -593
  -632
  -672
  -713
  -756
  -801
  -848
  -897
  -948
  -1,001
  -1,057
  -1,115
  -1,176
  -1,239
  -1,306
  -1,376
  -1,448
  -1,525
  -1,605
  -1,688
  -1,776
  -1,868
  -1,964
  -2,065
  -2,171
  -2,282
New CAPEX, $m
  -343
  -340
  -354
  -368
  -382
  -398
  -414
  -432
  -450
  -469
  -489
  -510
  -533
  -557
  -582
  -608
  -636
  -665
  -696
  -729
  -763
  -799
  -837
  -877
  -919
  -963
  -1,010
  -1,059
  -1,111
  -1,165
Cash from investing activities, $m
  -796
  -827
  -875
  -925
  -975
  -1,030
  -1,086
  -1,145
  -1,206
  -1,270
  -1,337
  -1,407
  -1,481
  -1,558
  -1,639
  -1,723
  -1,812
  -1,904
  -2,002
  -2,105
  -2,211
  -2,324
  -2,442
  -2,565
  -2,695
  -2,831
  -2,974
  -3,124
  -3,282
  -3,447
Free cash flow, $m
  2,637
  2,831
  3,017
  3,211
  3,412
  3,621
  3,838
  4,065
  4,300
  4,545
  4,796
  5,062
  5,340
  5,631
  5,933
  6,250
  6,581
  6,926
  7,288
  7,666
  8,061
  8,476
  8,909
  9,364
  9,839
  10,338
  10,861
  11,408
  11,982
  12,584
Issuance/(repayment) of debt, $m
  603
  627
  651
  677
  704
  733
  763
  795
  828
  863
  901
  940
  981
  1,025
  1,071
  1,120
  1,171
  1,225
  1,282
  1,342
  1,405
  1,472
  1,542
  1,615
  1,693
  1,774
  1,860
  1,951
  2,045
  2,145
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  603
  627
  651
  677
  704
  733
  763
  795
  828
  863
  901
  940
  981
  1,025
  1,071
  1,120
  1,171
  1,225
  1,282
  1,342
  1,405
  1,472
  1,542
  1,615
  1,693
  1,774
  1,860
  1,951
  2,045
  2,145
Total cash flow (excl. dividends), $m
  3,241
  3,457
  3,668
  3,888
  4,116
  4,354
  4,601
  4,859
  5,128
  5,409
  5,697
  6,002
  6,322
  6,656
  7,005
  7,370
  7,752
  8,151
  8,570
  9,008
  9,467
  9,947
  10,451
  10,979
  11,532
  12,112
  12,721
  13,359
  14,028
  14,730
Retained Cash Flow (-), $m
  -322
  -337
  -351
  -365
  -379
  -395
  -411
  -428
  -446
  -465
  -485
  -506
  -528
  -552
  -577
  -603
  -631
  -660
  -690
  -723
  -757
  -792
  -830
  -870
  -912
  -955
  -1,002
  -1,050
  -1,101
  -1,155
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  33
  36
  38
  41
  43
  46
  49
  52
  55
  58
  62
  65
  69
  73
  77
  81
  86
  90
  95
  100
  106
  111
  117
  123
  130
  136
  143
  151
  158
  167
Cash available for distribution, $m
  2,918
  3,120
  3,318
  3,523
  3,737
  3,959
  4,190
  4,431
  4,682
  4,944
  5,212
  5,496
  5,793
  6,104
  6,428
  6,767
  7,121
  7,492
  7,879
  8,285
  8,710
  9,155
  9,621
  10,109
  10,621
  11,157
  11,719
  12,308
  12,926
  13,574
Discount rate, %
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
  2,798
  2,856
  2,887
  2,901
  2,896
  2,873
  2,831
  2,770
  2,690
  2,592
  2,475
  2,345
  2,203
  2,049
  1,887
  1,720
  1,549
  1,380
  1,213
  1,053
  901
  760
  631
  515
  413
  326
  252
  190
  141
  102
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

The TJX Companies, Inc. (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017. The HomeGoods chain was an off-price retailer of home fashions in the United States with 579 stores. The TJX Canada segment operates the Winners, HomeSense and Marshalls chains in Canada. Winners is the off-price apparel and home fashions retailer in Canada. HomeSense offers home fashions off-price concept in Canada. The TJX International segment operates the T.K. Maxx and HomeSense chains in Europe. With 503 stores, T.K. Maxx operated in the United Kingdom, Ireland, Germany, Poland, Austria and the Netherlands.

FINANCIAL RATIOS  of  TJX (TJX)

Valuation Ratios
P/E Ratio 28
Price to Sales 1.9
Price to Book 14.3
Price to Tangible Book
Price to Cash Flow 17.9
Price to Free Cash Flow 25
Growth Rates
Sales Growth Rate 7.2%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 8.6%
Cap. Spend. - 3 Yr. Gr. Rate 1.6%
Financial Strength
Quick Ratio NaN
Current Ratio 0
LT Debt to Equity 53.3%
Total Debt to Equity 53.3%
Interest Coverage 52
Management Effectiveness
Return On Assets 19.2%
Ret/ On Assets - 3 Yr. Avg. 20.4%
Return On Total Capital 35.6%
Ret/ On T. Cap. - 3 Yr. Avg. 37.5%
Return On Equity 52.1%
Return On Equity - 3 Yr. Avg. 52.5%
Asset Turnover 2.7
Profitability Ratios
Gross Margin 29%
Gross Margin - 3 Yr. Avg. 28.8%
EBITDA Margin 13.4%
EBITDA Margin - 3 Yr. Avg. 14%
Operating Margin 11.3%
Oper. Margin - 3 Yr. Avg. 11.9%
Pre-Tax Margin 11.2%
Pre-Tax Margin - 3 Yr. Avg. 11.7%
Net Profit Margin 6.9%
Net Profit Margin - 3 Yr. Avg. 7.3%
Effective Tax Rate 38.3%
Eff/ Tax Rate - 3 Yr. Avg. 37.9%
Payout Ratio 28.3%

TJX stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the TJX stock intrinsic value calculation we used $33184 million for the last fiscal year's total revenue generated by TJX. The default revenue input number comes from 2017 income statement of TJX. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our TJX stock valuation model: a) initial revenue growth rate of 7.2% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for TJX is calculated based on our internal credit rating of TJX, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of TJX.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of TJX stock the variable cost ratio is equal to 88%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for TJX stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for TJX.

Corporate tax rate of 27% is the nominal tax rate for TJX. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the TJX stock is equal to 0.1%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for TJX are equal to 13.7%.

Life of production assets of 10 years is the average useful life of capital assets used in TJX operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for TJX is equal to 4.3%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $4511 million for TJX - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 656 million for TJX is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of TJX at the current share price and the inputted number of shares is $65.3 billion.

RELATED COMPANIES Price Int.Val. Rating
SMRT Stein Mart 2.64 4.89  str.buy
CTRN Citi Trends 29.56 8.87  str.sell
JWN Nordstrom 52.28 87.45  str.buy
ROST Ross Stores 91.74 63.07  hold
URBN Urban Outfitte 45.57 23.94  sell
AEO American Eagle 27.02 17.03  hold
GPS Gap 30.75 58.86  str.buy
KSS Kohl's 74.75 87.23  buy
GES Guess? 22.77 28.96  buy

COMPANY NEWS

▶ Will TJX Companies Boost Its 2018 Outlook on Tuesday?   [Aug-15-18 07:20PM  Motley Fool]
▶ Better Buy: TJX Companies vs. Ross Stores   [Jul-22-18 08:16PM  Motley Fool]
▶ Massachusetts is home to 5 of the worlds largest 500 companies   [Jul-19-18 12:59PM  American City Business Journals]
▶ Which Stocks Are The Best Mutual Funds Buying? Here's The List   [Jul-16-18 04:05PM  Investor's Business Daily]
▶ Mass. firms ban once-common question: How much do you make?   [02:48PM  American City Business Journals]
▶ [$$] Hobby Lobby, Burlington Expected to Move Into Empty Toys R Us Stores   [Jul-05-18 08:41PM  The Wall Street Journal]
▶ [$$] Hobby Lobby Among Retailers Set to Fill Void Left by Toys "R" Us   [Jul-03-18 01:54PM  The Wall Street Journal]
▶ Retail is going to see a strong back half: Kniffen   [Jul-02-18 02:29PM  CNBC Videos]
▶ Wedbush Sees Strong Trends Backing Discount Retail   [Jun-22-18 12:55PM  Benzinga]
▶ 3 Reasons TJX Companies Stock Could Rise   [10:17AM  Motley Fool]
▶ 3 Great Income Stocks That Could Double Their Dividends   [Jun-09-18 07:18AM  Motley Fool]
▶ Morningstar Runs the Numbers   [06:00AM  Morningstar]
▶ Earn Retail Returns with This Kohls Corporation Trade   [May-25-18 10:47AM  InvestorPlace]
▶ 4 Simple Reasons to Buy TJX Companies Stock   [May-24-18 07:04PM  Motley Fool]
▶ Should You Buy Nordstrom at Its 2018 Lows?   [May-23-18 06:43PM  Motley Fool]
▶ Kohl's and TJX Deliver Strong Q1 Results   [May-22-18 09:30PM  Motley Fool]
▶ What Happened in the Stock Market Today   [05:04PM  Motley Fool]
▶ How TJ Maxx Beats J.C. Penney   [04:54PM  Forbes]
▶ How Benchmark's Kevin Kelly Is Playing TJX   [03:49PM  Bloomberg Video]
▶ TJX: Fiscal 1Q Earnings Snapshot   [08:51AM  Associated Press]
▶ TJX same-store sales top estimates   [08:39AM  Reuters]
▶ [$$] TJ Maxx parent sales driven by bargain hunters   [May-21-18 09:24PM  Financial Times]
▶ General Electric drops again on Fortune 500 list   [01:07PM  American City Business Journals]
▶ TJX Companies Earnings Preview: What to Watch   [May-18-18 09:31AM  Motley Fool]
▶ Diamonds In The Rough Of Consumer Cyclicals   [May-17-18 11:32AM  Forbes]
▶ Trade TJX Companies Inc for Big Returns Ahead of Earnings   [May-16-18 12:49PM  InvestorPlace]
▶ Layoffs hit Framingham corporate giants Staples, TJX, Genzyme   [11:33AM  American City Business Journals]
▶ How to Beat the Market, From One Fund Manager   [May-10-18 11:05AM  Barrons.com]
▶ Why These 4 Retailers Are Amazon-Proof   [May-02-18 06:00AM  Investopedia]
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.