T.J. Maxx Stock Financials

TJX
 Stock
  

USD 68.54  1.89  2.84%   

T.J. Maxx Earnings before Tax are fairly stable at the moment as compared to the past year. T.J. Maxx reported Earnings before Tax of 3.19 Billion in 2021. Enterprise Value is likely to rise to about 43.6 B in 2022, whereas Average Assets are likely to drop slightly above 8.2 B in 2022.
  
With this module, you can analyze T.J. Maxx financials for your investing period. You should be able to track the changes in T.J. Maxx individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

T.J. Maxx Most Recent Estimates

Quarterly Earnings Growth YOY
0.11
Diluted Eps
2.75
EPS Estimate Current Year
2.98
EPS Estimate Next Year
3.35
EPS Estimate Current Quarter
0.91
Earnings Share
2.75

Revenues

40.86 Billion

Understanding current and past T.J. Maxx Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of T.J. Maxx's financial statements are interrelated, with each one affecting the others. For example, an increase in T.J. Maxx's assets may result in an increase in income on the income statement.
The fundamental analysis of T.J. Maxx is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for T.J. Maxx includes many different criteria found on its balance sheet. For example, investors should never minimize T.J. Maxx's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor T.J. Maxx's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in T.J. Maxx.

TJX Companies Cash

Chance Of Financial Distress
Less than 4
TJX Companies has less than 4 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for T.J. Maxx stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in T.J. Maxx's official financial statements usually reflect T.J. Maxx's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of TJX Companies. For example, before you start analyzing numbers published by T.J. Maxx accountants, it's critical to develop an understanding of what T.J. Maxx's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of T.J. Maxx's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, T.J. Maxx's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in T.J. Maxx's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of TJX Companies. Please utilize our Beneish M Score to check the likelihood of T.J. Maxx's management to manipulate its earnings.

T.J. Maxx Company Summary

T.J. Maxx competes with Charles Schwab, International Business, McDonalds Corp, Pfizer, and American Express. The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts. T.J. Maxx operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. It employs 340000 people.
Foreign Associates
Specialization
Consumer, Clothing Wholesale And Retail
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000109198
ISINUS8725401090
RegionNorth America
Business Address770 Cochituate Road,
SectorConsumer Cyclical
IndustryApparel Retail
BenchmarkDOW
Websitewww.tjx.com
Phone508 390 2091
CurrencyUSD - US Dollar
You should never invest in T.J. Maxx without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of T.J. Maxx Stock, because this is throwing your money away. Analyzing the key information contained in T.J. Maxx's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

T.J. Maxx Key Financial Ratios

Generally speaking, T.J. Maxx's financial ratios allow both analysts and investors to convert raw data from T.J. Maxx's financial statements into concise, actionable information that can be used to evaluate the performance of T.J. Maxx over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that TJX Companies reports annually and quarterly.

T.J. Maxx Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining T.J. Maxx's current stock value. Our valuation model uses many indicators to compare T.J. Maxx value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across T.J. Maxx competition to find correlations between indicators driving T.J. Maxx's intrinsic value. More Info.
TJX Companies is currently regarded as top stock in number of shares shorted category among related companies. It is currently regarded as top stock in price to book category among related companies . The ratio of Number of Shares Shorted to Price to Book for TJX Companies is about  1,009,449 . Price to Book Value is likely to drop to 8.17 in 2022. Comparative valuation analysis is a catch-all model that can be used if you cannot value T.J. Maxx by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for T.J. Maxx's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the T.J. Maxx's earnings, one of the primary drivers of an investment's value.

TJX Companies Systematic Risk

T.J. Maxx's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. T.J. Maxx volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on TJX Companies correlated with the market. If Beta is less than 0 T.J. Maxx generally moves in the opposite direction as compared to the market. If T.J. Maxx Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TJX Companies is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of T.J. Maxx is generally in the same direction as the market. If Beta > 1 T.J. Maxx moves generally in the same direction as, but more than the movement of the benchmark.
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About T.J. Maxx Financials

What exactly are T.J. Maxx Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include T.J. Maxx's income statement, its balance sheet, and the statement of cash flows. Potential T.J. Maxx investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although T.J. Maxx investors may use each financial statement separately, they are all related. The changes in T.J. Maxx's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on T.J. Maxx's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as T.J. Maxx is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of T.J. Maxx grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

T.J. Maxx Thematic Clasifications

TJX Companies is part of several thematic ideas from Impulse to Stores. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Impulse Idea
ImpulseView
Stores Idea
StoresView
Apparel Idea
ApparelView

T.J. Maxx August 18, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of T.J. Maxx help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TJX Companies. We use our internally-developed statistical techniques to arrive at the intrinsic value of TJX Companies based on widely used predictive technical indicators. In general, we focus on analyzing T.J. Maxx Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build T.J. Maxx's daily price indicators and compare them against related drivers.
Downside Deviation2.05
Information Ratio0.0973
Maximum Drawdown12.88
Value At Risk(2.78)
Potential Upside4.22
Additionally, take a look at World Market Map. Note that the TJX Companies information on this page should be used as a complementary analysis to other T.J. Maxx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running TJX Companies price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.
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Is T.J. Maxx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T.J. Maxx. If investors know T.J. Maxx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T.J. Maxx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.11
Market Capitalization
78.1 B
Quarterly Revenue Growth YOY
0.13
Return On Assets
0.1
Return On Equity
0.57
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. Maxx that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine T.J. Maxx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.