Discounted Cash Flow
TJX Companies Inc. /De/
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2017 | $33.2b | $2.3b | $2.6b | 6.9% | $1.75 |
| 2018 | $35.9b (8.1%) | $2.6b (13.5%) | $2.0b (-23.6%) | 7.3% (5.0%) | $2.05 (16.8%) |
| 2019 | $39.0b (8.7%) | $3.1b (17.3%) | $3.0b (50.6%) | 7.9% (8.0%) | $2.47 (20.5%) |
| 2020 | $41.7b (7.0%) | $3.3b (6.9%) | $2.8b (-4.0%) | 7.8% (-0.1%) | $2.71 (9.7%) |
| 2021 | $32.1b (-23.0%) | $90.5m (-97.2%) | $4.0b (40.5%) | 0.3% (-96.4%) | $0.08 (-97.0%) |
| 2022 | $48.5b (51.1%) | $3.3b (3528.6%) | $2.0b (-49.6%) | 6.8% (2301.9%) | $2.74 (3325.0%) |
| 2023 | $49.9b (2.9%) | $3.5b (6.6%) | $2.6b (30.5%) | 7.0% (3.6%) | $3.00 (9.5%) |
| 2024 | $54.2b (8.6%) | $4.5b (27.9%) | $4.3b (65.0%) | 8.3% (17.8%) | $3.90 (30.0%) |
| 2025 | $56.4b (4.0%) | $4.9b (8.7%) | $4.2b (-3.2%) | 8.6% (4.6%) | $4.31 (10.5%) |
| 2026 | $60.4b (7.1%) | $5.5b (13.0%) | $4.9b (17.1%) | 9.1% (5.4%) | $4.93 (14.4%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.