Ross Stores Inc (ROST) is overvalued and TJX Companies Inc (TJX) is overvalued.
Both trade above our estimate of their intrinsic value. TJX is the closer of the two: -56%, against -73% for ROST.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 9.4% (average of 3 methods) values the shares at $134.75; the price of $232.51 is 73% above that value, and 75% of that value comes from beyond year five.
Leak Score 76/100 on 9 of 12 signals
Discounting its cash flows at 8.4% (average of 3 methods) values the shares at $83.94; the price of $130.79 is 56% above that value, and 78% of that value comes from beyond year five.
Leak Score 62/100 on 10 of 12 signals
| Metric | ROST | TJX |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $232.51 | $130.79 |
| Intrinsic value | $134.75 | $83.94 |
| Margin of safety | -73% | -56% |
| Leak Score | 76/100 (9/12) | 62/100 (10/12) |
| Market cap | $74.3B | $143.9B |
| Revenue growth, 5 years | 12.7% | 13.4% |
| Operating margin | 12.7% | 12.4% |
| Net margin | 10.8% | 9.7% |
| Return on equity | 42.6% | 62.2% |
| Debt to equity | 0.70 | 1.34 |
| P/E | 28.1x | 24.2x |
| Forward P/E | 25.7x | 22.6x |
| P/B | 11.0x | 13.5x |
| Dividend yield | 0.8% | 1.4% |