T.J. Maxx Piotroski F Score

TJX
 Stock
  

USD 68.54  1.89  2.84%   

This module uses fundamental data of T.J. Maxx to approximate its Piotroski F score. T.J. Maxx F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of TJX Companies. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about T.J. Maxx financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, take a look at T.J. Maxx Altman Z Score, T.J. Maxx Correlation, T.J. Maxx Valuation, as well as analyze T.J. Maxx Alpha and Beta and T.J. Maxx Hype Analysis.
  
T.J. Maxx Debt Current is fairly stable at the moment as compared to the past year. T.J. Maxx reported Debt Current of 355.52 Million in 2021. Debt Non Current is likely to rise to about 1.6 B in 2022, whereas Total Debt is likely to drop slightly above 1.2 B in 2022. T.J. Maxx Book Value per Share is fairly stable at the moment as compared to the past year. T.J. Maxx reported Book Value per Share of 5.60 in 2021. Dividends per Basic Common Share is likely to rise to 0.65 in 2022, whereas Enterprise Value over EBITDA is likely to drop 8.83 in 2022.
At this time, it appears that T.J. Maxx's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginIncreaseFocus

T.J. Maxx Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to T.J. Maxx is to make sure T.J. Maxx is not a subject of accounting manipulations and runs a healthy internal audit department. So, if T.J. Maxx's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if T.J. Maxx's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares1.4 B1.2 B
Moderately Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted1.4 B1.2 B
Moderately Up
Decreasing
Slightly volatile
Net Cash Flow from Operations3.2 B3.1 B
Sufficiently Up
Increasing
Slightly volatile
Total Assets20.8 B28.5 B
Way Down
Increasing
Slightly volatile
Total Liabilities15.4 B22.5 B
Way Down
Increasing
Slightly volatile
Current Assets10.5 B13.3 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities7.6 B10.5 B
Way Down
Increasing
Slightly volatile
Total Debt1.2 B1.5 B
Significantly Down
Increasing
Stable
Return on Average Assets16.7611.0766
Way Up
Decreasing
Slightly volatile
Gross Margin30.0328.4988
Notably Up
Increasing
Slightly volatile
Asset Turnover2.31.6426
Significantly Up
Decreasing
Slightly volatile

TJX Companies F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between T.J. Maxx's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards T.J. Maxx in a much-optimized way.

About T.J. Maxx Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Weighted Average Shares

1.36 Billion

T.J. Maxx Weighted Average Shares is fairly stable at the moment as compared to the past year. T.J. Maxx reported Weighted Average Shares of 1.2 Billion in 2021

T.J. Maxx ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, T.J. Maxx's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to T.J. Maxx's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

About T.J. Maxx Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze TJX Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of T.J. Maxx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TJX Companies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in T.J. Maxx without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Technical Analysis Now

   

Technical Analysis

Check basic technical indicators and analysis based on most latest market data
All  Next Launch Module

Currently Active Assets on Macroaxis

Additionally, take a look at T.J. Maxx Altman Z Score, T.J. Maxx Correlation, T.J. Maxx Valuation, as well as analyze T.J. Maxx Alpha and Beta and T.J. Maxx Hype Analysis. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for T.J. Maxx Stock analysis

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.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
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.