T.J. Enterprise Value vs Cost of Revenue Analysis

TJX Stock  USD 94.50  0.42  0.45%   
T.J. Maxx financial indicator trend analysis is much more than just breaking down TJX Companies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TJX Companies is a good investment. Please check the relationship between T.J. Maxx Enterprise Value and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.

Enterprise Value vs Cost Of Revenue

Enterprise Value vs Cost of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TJX Companies Enterprise Value account and Cost of Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between T.J. Maxx's Enterprise Value and Cost of Revenue is -0.54. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Cost of Revenue in the same time period over historical financial statements of The TJX Companies, assuming nothing else is changed. The correlation between historical values of T.J. Maxx's Enterprise Value and Cost of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of The TJX Companies are associated (or correlated) with its Cost of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost of Revenue has no effect on the direction of Enterprise Value i.e., T.J. Maxx's Enterprise Value and Cost of Revenue go up and down completely randomly.

Correlation Coefficient

-0.54
Relationship DirectionNegative 
Relationship StrengthVery Weak

Enterprise Value

Enterprise Value (or EV) is usually referred to as T.J. Maxx theoretical takeover price. In the event of an acquisition, an acquirer would have to take on TJX Companies debt, but would also pocket its cash. Enterprise Value is more accurate representation of T.J. Maxx value than its market capitalization because it takes into account all of The TJX Companies existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Cost Of Revenue

Cost of Revenue is found on TJX Companies income statement and represents the costs associated with goods and services T.J. Maxx provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from T.J. Maxx's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TJX Companies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
At this time, T.J. Maxx's Selling General Administrative is fairly stable compared to the past year. Enterprise Value is likely to rise to about 13.7 B in 2024, whereas Discontinued Operations is likely to drop slightly above 2.9 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue48.5B49.9B54.2B56.9B
Depreciation And Amortization868M887M964M1.0B

T.J. Maxx fundamental ratios Correlations

0.970.680.990.910.980.890.880.890.980.970.870.54-0.630.980.90.570.641.00.960.540.960.320.910.980.72
0.970.550.950.780.980.950.740.880.980.940.860.44-0.631.00.780.380.60.980.890.470.890.340.820.970.66
0.680.550.730.740.650.540.770.460.650.660.460.4-0.440.580.830.610.720.650.670.370.680.30.660.660.4
0.990.950.730.910.960.850.880.90.960.960.890.56-0.620.960.910.590.650.990.980.540.980.310.90.950.72
0.910.780.740.910.870.720.990.720.880.890.730.57-0.520.830.970.790.640.870.90.580.880.210.920.870.71
0.980.980.650.960.870.960.840.811.00.970.790.45-0.610.980.870.490.680.980.890.470.890.320.891.00.68
0.890.950.540.850.720.960.690.680.950.890.650.33-0.590.940.740.290.650.910.740.350.750.340.770.960.57
0.880.740.770.880.990.840.690.670.850.850.680.56-0.530.790.960.790.630.830.870.630.840.180.870.840.65
0.890.880.460.90.720.810.680.670.810.841.00.53-0.570.890.680.450.410.90.940.570.940.280.740.80.66
0.980.980.650.960.881.00.950.850.810.970.790.45-0.610.980.880.490.680.980.90.470.890.320.891.00.68
0.970.940.660.960.890.970.890.850.840.970.820.44-0.580.960.880.60.670.970.920.430.910.390.920.970.69
0.870.860.460.890.730.790.650.681.00.790.820.54-0.570.870.680.470.390.880.940.610.940.260.720.780.64
0.540.440.40.560.570.450.330.560.530.450.440.54-0.680.480.630.68-0.010.520.640.530.640.260.50.40.76
-0.63-0.63-0.44-0.62-0.52-0.61-0.59-0.53-0.57-0.61-0.58-0.57-0.68-0.64-0.56-0.38-0.23-0.64-0.61-0.45-0.61-0.36-0.5-0.59-0.69
0.981.00.580.960.830.980.940.790.890.980.960.870.48-0.640.820.450.590.990.920.50.920.350.850.980.69
0.90.780.830.910.970.870.740.960.680.880.880.680.63-0.560.820.770.630.870.890.490.880.290.920.870.74
0.570.380.610.590.790.490.290.790.450.490.60.470.68-0.380.450.770.340.510.660.510.630.310.630.480.54
0.640.60.720.650.640.680.650.630.410.680.670.39-0.01-0.230.590.630.340.620.530.240.50.140.60.710.2
1.00.980.650.990.870.980.910.830.90.980.970.880.52-0.640.990.870.510.620.950.520.950.330.880.980.71
0.960.890.670.980.90.890.740.870.940.90.920.940.64-0.610.920.890.660.530.950.620.990.290.870.880.74
0.540.470.370.540.580.470.350.630.570.470.430.610.53-0.450.50.490.510.240.520.620.57-0.010.270.450.23
0.960.890.680.980.880.890.750.840.940.890.910.940.64-0.610.920.880.630.50.950.990.570.280.870.880.75
0.320.340.30.310.210.320.340.180.280.320.390.260.26-0.360.350.290.310.140.330.29-0.010.280.290.320.29
0.910.820.660.90.920.890.770.870.740.890.920.720.5-0.50.850.920.630.60.880.870.270.870.290.880.82
0.980.970.660.950.871.00.960.840.81.00.970.780.4-0.590.980.870.480.710.980.880.450.880.320.880.65
0.720.660.40.720.710.680.570.650.660.680.690.640.76-0.690.690.740.540.20.710.740.230.750.290.820.65
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T.J. Maxx Account Relationship Matchups

T.J. Maxx fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets24.1B30.8B28.5B28.3B29.7B31.2B
Short Long Term Debt Total11.5B15.5B12.5B12.7B12.5B13.2B
Other Current Liab883.7M1.1B4.4B4.2B4.5B4.7B
Total Current Liabilities7.2B10.8B10.5B10.3B10.5B11.0B
Total Stockholder Equity5.9B5.8B6.0B6.4B7.3B7.7B
Property Plant And Equipment Net14.4B14.0B14.1B14.9B16.0B16.8B
Net Debt8.2B5.0B6.3B7.3B6.9B7.3B
Retained Earnings5.4B5.0B5.5B5.8B6.7B7.0B
Cash3.2B10.5B6.2B5.5B5.6B5.9B
Non Current Assets Total15.3B15.1B15.2B15.9B17.1B17.9B
Non Currrent Assets Other773.5M949.2M796.5M769M1.0B1.1B
Cash And Short Term Investments3.2B10.5B6.2B5.5B5.6B5.9B
Net Receivables801.3M932.3M1.1B1.2B588M360.3M
Common Stock Shares Outstanding1.2B1.2B1.2B1.2B1.2B1.5B
Liabilities And Stockholders Equity24.1B30.8B28.5B28.3B29.7B31.2B
Non Current Liabilities Total11.0B14.2B12.0B11.7B12.0B12.6B
Inventory4.9B4.3B6.0B5.8B6.0B6.3B
Other Current Assets415.0M435.0M438.1M478M511M536.6M
Other Stockholder Equity(12K)260.5M8K6.4B7.3B7.7B
Total Liab18.2B25.0B22.5B22.0B22.4B23.6B
Total Current Assets8.9B15.7B13.3B12.5B12.7B13.3B
Short Term Debt1.4B2.4B1.6B2.1B1.6B1.7B
Accounts Payable2.7B4.8B4.5B3.8B3.9B4.1B
Intangible Assets133.4M125.4M123M120M108M108.0M
Common Stock Total Equity628.0M1.2B1.2B1.2B1.4B1.5B
Property Plant And Equipment Gross14.4B14.0B14.1B14.9B17.1B18.0B
Accumulated Other Comprehensive Income(673.2M)(606.1M)(687.2M)(606M)(532M)(505.4M)
Common Stock1.2B1.2B1.2B1.2B1.1B633.2M
Other Assets640.1M627.7M981.5M927M1.1B1.1B
Long Term Debt2.2B5.3B3.4B2.9B3.3B3.5B
Good Will95.5M99M96.7M97M95M179.9M
Property Plant Equipment5.3B14.0B14.1B14.9B17.1B18.0B
Other Liab993.3M1.1B1.1B1.0B1.2B862.0M
Current Deferred Revenue450.3M2.2B2.4B158M482M513.1M
Net Tangible Assets13.7B5.6B5.9B6.3B7.2B5.6B
Long Term Debt Total2.2B5.3B3.4B2.9B3.3B2.2B
Capital Lease Obligations9.2B9.4B9.2B9.4B10.8B11.3B

Currently Active Assets on Macroaxis

When determining whether TJX Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of T.J. Maxx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Tjx Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Tjx Companies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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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Is T.J. Maxx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T.J. Maxx. If investors know T.J. will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T.J. Maxx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.368
Dividend Share
1.33
Earnings Share
3.86
Revenue Per Share
47.31
Quarterly Revenue Growth
0.13
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if T.J. Maxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.