The Tjx Companies Stock Beta

TJX Stock

USD 113.26 0.45 0.40%

The TJX Companies fundamentals help investors to digest information that contributes to T.J. Maxx's financial success or failures. It also enables traders to predict the movement of T.J. Stock. The fundamental analysis module provides a way to measure T.J. Maxx's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to T.J. Maxx stock.

Short Long Term Debt Total Total Assets

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The TJX Companies Company Beta Analysis

T.J. Maxx's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

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Current T.J. Maxx Beta

0.96

Most of T.J. Maxx's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, The TJX Companies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

T.J. Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for T.J. Maxx is extremely important. It helps to project a fair market value of T.J. Stock properly, considering its historical fundamentals such as Beta. Since T.J. Maxx's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of T.J. Maxx's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of T.J. Maxx's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.93	0.91	0.91	0.32	1.0	0.97	0.56	0.96	0.29	0.89	0.87	-0.45	0.96	-0.02	0.55	0.77	-0.64	-0.6	-0.81	0.76	0.04	-0.43	-0.73
Total Stockholder Equity	0.93		0.77	0.99	0.56	0.89	0.92	0.58	0.9	0.18	0.89	0.75	-0.26	0.87	-0.19	0.51	0.61	-0.45	-0.67	-0.67	0.53	0.03	-0.51	-0.76
Net Debt	0.91	0.77		0.75	0.02	0.93	0.79	0.39	0.79	0.32	0.76	0.68	-0.55	0.86	0.03	0.7	0.61	-0.72	-0.41	-0.84	0.64	-0.04	-0.61	-0.7
Retained Earnings	0.91	0.99	0.75		0.59	0.87	0.89	0.63	0.87	0.16	0.85	0.73	-0.23	0.84	-0.23	0.5	0.59	-0.44	-0.71	-0.62	0.48	0.0	-0.53	-0.76
Net Receivables	0.32	0.56	0.02	0.59		0.26	0.45	0.45	0.43	0.12	0.45	0.34	0.01	0.28	-0.22	0.05	0.26	-0.05	-0.66	-0.01	0.0	-0.17	-0.14	-0.19
Total Liab	1.0	0.89	0.93	0.87	0.26		0.96	0.54	0.96	0.3	0.88	0.88	-0.48	0.96	0.02	0.55	0.79	-0.67	-0.58	-0.82	0.8	0.04	-0.4	-0.71
Total Current Assets	0.97	0.92	0.79	0.89	0.45	0.96		0.63	0.99	0.27	0.89	0.93	-0.38	0.94	0.01	0.41	0.84	-0.57	-0.67	-0.72	0.81	0.07	-0.25	-0.65
Short Term Debt	0.56	0.58	0.39	0.63	0.45	0.54	0.63		0.59	0.0	0.32	0.66	-0.02	0.51	0.03	0.26	0.62	-0.16	-0.7	-0.03	0.45	0.07	0.01	-0.28
Accounts Payable	0.96	0.9	0.79	0.87	0.43	0.96	0.99	0.59		0.26	0.89	0.92	-0.38	0.94	0.01	0.4	0.84	-0.59	-0.65	-0.74	0.82	0.04	-0.24	-0.64
Intangible Assets	0.29	0.18	0.32	0.16	0.12	0.3	0.27	0.0	0.26		0.29	0.33	-0.82	0.25	0.16	0.28	0.34	-0.56	-0.17	-0.19	0.24	-0.01	-0.15	-0.11
Common Stock	0.89	0.89	0.76	0.85	0.45	0.88	0.89	0.32	0.89	0.29		0.76	-0.35	0.8	0.1	0.58	0.66	-0.54	-0.62	-0.83	0.6	0.01	-0.44	-0.59
Long Term Debt	0.87	0.75	0.68	0.73	0.34	0.88	0.93	0.66	0.92	0.33	0.76		-0.45	0.82	0.25	0.38	0.96	-0.6	-0.69	-0.61	0.89	0.22	0.02	-0.45
Good Will	-0.45	-0.26	-0.55	-0.23	0.01	-0.48	-0.38	-0.02	-0.38	-0.82	-0.35	-0.45		-0.44	-0.16	-0.42	-0.51	0.85	0.2	0.47	-0.43	-0.04	0.28	0.22
Property Plant Equipment	0.96	0.87	0.86	0.84	0.28	0.96	0.94	0.51	0.94	0.25	0.8	0.82	-0.44		-0.2	0.32	0.73	-0.62	-0.49	-0.8	0.79	-0.03	-0.37	-0.78
Current Deferred Revenue	-0.02	-0.19	0.03	-0.23	-0.22	0.02	0.01	0.03	0.01	0.16	0.1	0.25	-0.16	-0.2		0.43	0.34	-0.18	-0.17	-0.03	0.27	0.3	0.38	0.5
Net Tangible Assets	0.55	0.51	0.7	0.5	0.05	0.55	0.41	0.26	0.4	0.28	0.58	0.38	-0.42	0.32	0.43		0.37	-0.53	-0.47	-0.5	0.2	0.09	-0.6	-0.23
Long Term Debt Total	0.77	0.61	0.61	0.59	0.26	0.79	0.84	0.62	0.84	0.34	0.66	0.96	-0.51	0.73	0.34	0.37		-0.65	-0.66	-0.56	0.9	0.29	0.1	-0.26
Deferred Long Term Liab	-0.64	-0.45	-0.72	-0.44	-0.05	-0.67	-0.57	-0.16	-0.59	-0.56	-0.54	-0.6	0.85	-0.62	-0.18	-0.53	-0.65		0.42	0.68	-0.57	-0.05	0.38	0.35
Accumulated Depreciation	-0.6	-0.67	-0.41	-0.71	-0.66	-0.58	-0.67	-0.7	-0.65	-0.17	-0.62	-0.69	0.2	-0.49	-0.17	-0.47	-0.66	0.42		0.32	-0.35	0.02	0.2	0.15
Short Long Term Debt	-0.81	-0.67	-0.84	-0.62	-0.01	-0.82	-0.72	-0.03	-0.74	-0.19	-0.83	-0.61	0.47	-0.8	-0.03	-0.5	-0.56	0.68	0.32		-0.64	0.05	0.5	0.6
Cash And Equivalents	0.76	0.53	0.64	0.48	0.0	0.8	0.81	0.45	0.82	0.24	0.6	0.89	-0.43	0.79	0.27	0.2	0.9	-0.57	-0.35	-0.64		0.3	0.17	-0.38
Net Invested Capital	0.04	0.03	-0.04	0.0	-0.17	0.04	0.07	0.07	0.04	-0.01	0.01	0.22	-0.04	-0.03	0.3	0.09	0.29	-0.05	0.02	0.05	0.3		0.37	0.06
Net Working Capital	-0.43	-0.51	-0.61	-0.53	-0.14	-0.4	-0.25	0.01	-0.24	-0.15	-0.44	0.02	0.28	-0.37	0.38	-0.6	0.1	0.38	0.2	0.5	0.17	0.37		0.54
Capital Stock	-0.73	-0.76	-0.7	-0.76	-0.19	-0.71	-0.65	-0.28	-0.64	-0.11	-0.59	-0.45	0.22	-0.78	0.5	-0.23	-0.26	0.35	0.15	0.6	-0.38	0.06	0.54

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict T.J. Maxx

In accordance with the recently published financial statements, The TJX Companies has a Beta of 0.962. This is 14.52% higher than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

T.J. Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses T.J. Maxx's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of T.J. Maxx could also be used in its relative valuation, which is a method of valuing T.J. Maxx by comparing valuation metrics of similar companies.

T.J. Maxx is currently under evaluation in beta category among its peers.

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.

Environmental

Governance

Social

T.J. Maxx Institutional Holders

Institutional Holdings refers to the ownership stake in T.J. Maxx that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of T.J. Maxx's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing T.J. Maxx's value.

		Shares
Northern Trust Corp	2024-12-31	14 M
Norges Bank	2024-12-31	13.8 M
Ameriprise Financial Inc	2024-12-31	13 M
Royal Bank Of Canada	2024-12-31	12.3 M
T. Rowe Price Associates, Inc.	2024-12-31	12.1 M
Primecap Management Company	2024-12-31	12 M
Nuveen Asset Management, Llc	2024-12-31	11.1 M
Amundi	2024-12-31	10.8 M
Ubs Asset Mgmt Americas Inc	2024-12-31	10.2 M
Blackrock Inc	2024-12-31	99.7 M
Vanguard Group Inc	2024-12-31	99.3 M

T.J. Maxx returns are very sensitive to returns on the market. As the market goes up or down, T.J. Maxx is expected to follow.

T.J. Fundamentals

	Return On Equity	0.62
	Return On Asset	0.13
	Profit Margin	0.09 %
	Operating Margin	0.11 %
	Current Valuation	134.77 B
	Shares Outstanding	1.12 B
	Shares Owned By Institutions	91.88 %
	Number Of Shares Shorted	12.99 M
	Price To Earning	28.16 X
	Price To Book	15.17 X
	Price To Sales	2.26 X
	Revenue	54.22 B
	Gross Profit	17.25 B
	EBITDA	7.01 B
	Net Income	4.47 B
	Cash And Equivalents	5.48 B
	Cash Per Share	2.87 X
	Total Debt	12.54 B
	Debt To Equity	2.23 %
	Current Ratio	1.16 X
	Book Value Per Share	7.38 X
	Cash Flow From Operations	6.06 B
	Short Ratio	2.84 X
	Earnings Per Share	4.26 X
	Price To Earnings To Growth	2.37 X
	Target Price	134.53
	Beta	0.96
	Market Capitalization	127.32 B
	Total Asset	29.75 B
	Retained Earnings	6.7 B
	Working Capital	2.21 B
	Current Asset	6.77 B
	Current Liabilities	4.4 B
	Annual Yield	0.01 %
	Five Year Return	1.35 %
	Net Asset	29.75 B
	Last Dividend Paid	1.5

About T.J. Maxx Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze The 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 The 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.

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Additional Tools for T.J. Stock Analysis

When running T.J. Maxx's 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 the 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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