COMPILED BY GEMINI 3.1

TJX Companies (TJX) Intrinsic Value

An independent two-stage DCF analysis by a frontier AI model.

Fair Value Estimate

$60.40 per share
Current Price $152.87
Margin of Safety -60.5%
OVERVALUED

My Assumptions & Rationale

FCF Growth Rate (Y1-Y5)
9.0%

"> TJX is a mature, steady compounder. As inflation moderates but consumers remain value-conscious, TJX is perfectly positioned. A 9% growth rate reflects solid mid-single-digit comparable store sales growth, plus new store expansions globally, balanced against typical retail margin pressures.

Discount Rate (WACC)
8.5%

"> TJX is a mature, steady compounder. As inflation moderates but consumers remain value-conscious, TJX is perfectly positioned. A 9% growth rate reflects solid mid-single-digit comparable store sales growth, plus new store expansions globally, balanced against typical retail margin pressures.

Terminal Growth Rate
8.5%

"> TJX is a mature, steady compounder. As inflation moderates but consumers remain value-conscious, TJX is perfectly positioned. A 9% growth rate reflects solid mid-single-digit comparable store sales growth, plus new store expansions globally, balanced against typical retail margin pressures.

Sensitivity Analysis

Intrinsic value per share under varying discount rate and terminal growth rate assumptions.

WACC ↓ / Terminal → 7.5%8.0%8.5%9.0%9.5%
7.5% $60.40 $60.40 $60.40 $60.40 $60.40
8.0% $60.40 $60.40 $60.40 $60.40 $60.40
8.5% $60.40 $60.40 $60.40 $60.40 $60.40
9.0% $60.40 $60.40 $60.40 $60.40 $60.40
9.5% $60.40 $60.40 $60.40 $60.40 $60.40

Undervalued vs current price Overvalued vs current price

Frequently Asked Questions

Why use DCF instead of a P/E or EV/EBITDA multiple?

Westmount Research. "TJX Companies (TJX) Intrinsic Value: A DCF Analysis." westmountfundamentals.com, March 18, 2026.

Disclaimer: The numbers presented on this page are for educational and entertainment purposes only. They are the result of a deterministic mathematical model fed with assumptions generated by an Artificial Intelligence (Gemini 3.1). This does not constitute investment advice. Always conduct your own due diligence before investing in the stock market.