TJX

The TJX Companies, Inc.

Consumer Cyclical · $147.8B market cap

Verdict

Share price

$132.68

close of Oct 3, 2026

Fair value

$99.37

Sticker Price

Payback Price

$39.75

buy price

Overpriced

TJX is Overpriced: at $132.68 it trades 34% above its fair value of $99.37. Its buy price (Payback Price) is $39.75, 70% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew 7% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth10.3% a year✓
Equity per share growth10.3% a year✓
Sales growth7.1% a year✗
Free cash flow growth9.5% a year✗
Return on invested capital21.1%✓

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Superinvestors

3 of the investors we track hold TJX. In Q2 2026, 1 opened a position, 1 added and 1 sold out. Who we track

Moves in Q2 2026

New position: Terry Smith

Added: Jensen Investment Management

Sold out: Lee Ainslie

About The TJX Companies, Inc.

The TJX Companies, Inc., alongside its various associated businesses, functions as a major discount retailer focusing on clothing and household decor. Its operations are organized into four primary divisions: Marmaxx, HomeGoods, TJX Canada, and TJX International. The enterprise markets an extensive selection of goods, including clothing for all family members (such as shoes and complementary items); a broad array of…

Apparel - Retail

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works