Back

TJX Companies’ Valuation Remains Elevated Amid Strong Growth

lite News Desk 2 min read

At a glance

  • TJX’s five-year total shareholder return surpassed 120%
  • As of July 2026, the company operated over 5,200 stores in nine countries
  • Recent valuation metrics show TJX trading above industry averages

TJX Companies has maintained a high valuation relative to its sector, with recent years marked by substantial returns for shareholders and continued business expansion.

Over the past five years, TJX’s total shareholder return exceeded 120%, reflecting a period of robust growth. In fiscal year 2026, the company reported net sales of $60.4 billion and a diluted earnings per share of $4.87. TJX also delivered a total shareholder return of 21.5% for that fiscal year.

By the end of fiscal 2026, TJX’s market capitalization reached $165.9 billion, and its store count surpassed 5,200 locations across nine countries. The company’s five-year compound annual growth rates for revenue and earnings per share were approximately 13.44% and 130.62%, respectively.

Valuation ratios for TJX have remained above sector medians. On February 27, 2026, the company’s price-to-earnings ratio was about 35.7, with a price-to-sales ratio near 3.07 and an EV/EBITDA ratio of roughly 19.0. Each of these figures was higher than the corresponding industry medians.

What the numbers show

  • As of July 10, 2026, TJX’s trailing P/E ratio was about 29.39×
  • The company’s price-to-sales ratio stood at approximately 2.75× on the same date
  • Analyst DCF fair value estimate for TJX was $98.98, with a margin of safety of -34.6%
  • In fiscal 2026, TJX reported net sales of $60.4 billion and diluted EPS of $4.87

On July 10, 2026, TJX’s trailing price-to-earnings and price-to-sales ratios were recorded at 29.39× and 2.75×, respectively. These levels continued to reflect a premium compared to sector norms.

Analyst estimates at that time placed TJX’s discounted cash flow fair value at $98.98, which represented a margin of safety of -34.6% relative to the market price. AAII assigned TJX a Value Score of 16, corresponding to a grade of F and categorizing the stock as “Ultra Expensive.”.

Runchey Research stated that TJX’s forward price-to-earnings ratio of around 31× implied annual earnings per share growth of 8–10%. However, management’s guidance for fiscal 2027 projected EPS growth in the range of 4–6%.

* This article is based on publicly available information at the time of writing.

Sources and further reading

Note: This section is not provided in the feeds.

Related Articles

  1. Regeneron reported $14.3 billion in revenue for 2025, a 1% increase, driven by strong sales of Dupixent and Eylea HD, according to company data.

  2. A statement indicates TSA PreCheck and Global Entry will be paused starting February 22, 2026, according to the Department of Homeland Security.

  3. Analysts project S&P 500 Q2 2026 earnings growth at 23.6%, with 89% of early reporters beating EPS estimates, according to FactSet data.

  4. Field trials in Illinois and Iowa assess tillage and cover crop practices. Researchers study their effects on soybean yields and soil health.

  5. Legrand's acquisition of TES Group, which saw an 84% revenue rise to £72 million, underscores the growing demand for data centre solutions.

More on Business

  1. Enterprises report an 18.6-fold increase in AI token usage per developer. Hybrid pricing models are now common, according to industry reports.

  2. Waymo's driverless robotaxi service now covers over 1,400 square miles in 11 US cities, with plans for further expansion, according to reports.

  3. Recent advancements in crane safety include AI and real-time monitoring to improve operations and reduce hazards, according to reports.

  4. Users can disable Gemini AI features in Google Docs and Gmail through menu settings, providing control over smart prompts and assistance bars.

  5. A filing outlines the Lifeline program's limit of one phone line per household. This restriction impacts device access for families, according to reports.