Mulya.ai
Ticker
TJX
Scenario
Key Inputs
Revenue est.?Analysttaper yr4
OP margin est.?Analyst
Reinvestment est.?projected
R&D capitalizedNo
Leases factoredYes
Key Assumptions
WACC ?7.3%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.736
Beta (levered) ?0.778
Terminal OM% ?14.1%
Segment conc. ?61% dominant
Terminal growth ?4.1%
Bond rating ?AAA · 0.60%
ROIC option ?Opt 4 · 22.0%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

TJX · The TJX Companies, Inc.

$161.292026-05-17
Sector: Consumer Cyclical; Industry: Apparel - Retail; Sub-Industry: Apparel Retail

Intrinsic Value Range Comparison · Mulya.ai

Leases factored
Bull
$132
-18.0% vs market
Base · active
$113
-29.7% vs market
Bear
$102
-36.6% vs market
Mulya.ai vs Analyst IV Comparison?
Bear $102
Base $113
Bull $132
Market $161
Median $170
Market Price $161
Mulya.ai Base $113
Analysts Median $170
Mulya.ai IV range ($102 · $132)
Analysts Range ($150 · $193)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2022.Q4$48.5B10.5%25.3%$3.8B−$5.5B−$1.6B4.9%39.1%$9.8B$2.92
2023.Q4$49.9B2.9%10.5%24.5%$4.0B−$6.3B−$2.3B7.0%37.9%$11.0B$3.11
2024.Q4$54.2B8.6%11.5%25.0%$4.7B−$6.5B−$1.8B7.0%40.0%$12.4B$3.98
2025.Q4$56.4B4.0%12.0%25.0%$5.1B−$8.1B−$3.0B8.0%38.2%$14.3B$4.32
2026.Q4$60.4B7.1%13.0%24.7%$5.9B−$9.0B−$3.1B7.5%29.8%$25.2B$4.8823.2
italics below = DCF projection · 10yr Rev CAGR: 5.9%
2027.Q4$63.8B+5.7%12.9%24.3%$6.2B−$8.7B−$2.5B7.4%−$2.3B21.1%$33.9B$5.1431.4
2028.Q4$67.5B+5.8%13.3%23.8%$6.9B−$3.5B$3.4B7.5%$2.9B19.2%$37.4B$5.6628.5
2029.Q4$72.7B+7.7%13.9%23.3%$7.8B−$3.0B$4.8B7.6%$3.9B20.0%$40.4B$6.4225.1
2030.Q4$77.9B+7.2%13.9%22.8%$8.4B−$3.2B$5.1B7.8%$3.8B20.0%$43.6B$6.9223.3
2031.Q4$83.1B+6.7%13.9%22.4%$9.0B−$2.7B$6.3B7.9%$4.3B20.0%$46.3B$7.4321.7
Term. Yr+$111.0B4.1%14.1%20.0%$12.5B−$2.3B$10.2B8.6%$105.2B22.0%
Active scenario IV: $113 (-29.7% vs market)