Back to TJX Overview
NYQ · Valuation Lab
TJX
The TJX Companies, Inc.
Last$159.92
Market cap176.7B
EV/EBITDA20.7x
Intrinsic value
$119.24
MoS -34.1% · Overvalued
Assuming 7.0% FCF margin and 9.2% Y1–5 growth.
Upside to price
EV (DCF)140.3B
Terminal share68%
Expected IV$132.35
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 68% of EV
PV of stage FCFs45.1B
PV of terminal value95.2B
Enterprise value140.3B
Net cash / (debt)-8.6B
Equity value131.7B
Intrinsic value / share$119.24
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 67.2B | 4.7B | 4.4B | 93.4% |
| Y2 | 73.4B | 5.1B | 4.5B | 87.2% |
| Y3 | 80.2B | 5.6B | 4.6B | 81.5% |
| Y4 | 87.6B | 6.1B | 4.7B | 76.1% |
| Y5 | 95.6B | 6.7B | 4.8B | 71.1% |
| Y6 | 100B | 7B | 4.6B | 66.4% |
| Y7 | 104.6B | 7.3B | 4.5B | 62.0% |
| Y8 | 109.4B | 7.7B | 4.4B | 57.9% |
| Y9 | 114.5B | 8B | 4.3B | 54.1% |
| Y10 | 119.7B | 8.4B | 4.2B | 50.6% |
| Terminal | — | — | 95.2B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.