TENABLE HOLDINGS INC (TENB) Stock Fundamental Analysis
NASDAQ:TENB - US88025T1025 - Common Stock
30.92 USD
-0.17 (-0.55%)
30.92 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to TENB. TENB was compared to 280 industry peers in the Software industry. TENB may be in some trouble as it scores bad on both profitability and health. TENB is not priced too expensively while it is growing strongly. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
TENB had positive earnings in the past year.
In the past year TENB had a positive cash flow from operations.
TENB had negative earnings in each of the past 5 years.
TENB had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TENB has a Return On Assets (-2.72%) which is in line with its industry peers.
Looking at the Return On Equity, with a value of -12.83%, TENB is in line with its industry, outperforming 46.07% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.72% | ||
| ROE | -12.83% | ||
| ROIC | N/A |
ROA(3y)-4.45%
ROA(5y)-4.66%
ROE(3y)-21.9%
ROE(5y)-23.15%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TENB has a Gross Margin of 78.00%. This is in the better half of the industry: TENB outperforms 76.07% of its industry peers.
TENB's Gross Margin has been stable in the last couple of years.
The Profit Margin and Operating Margin are not available for TENB so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 78% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.06%
GM growth 5Y-1.25%
2. Health
2.1 Basic Checks
TENB does not have a ROIC to compare to the WACC, probably because it is not profitable.
TENB has more shares outstanding than it did 1 year ago.
TENB has more shares outstanding than it did 5 years ago.
TENB has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.49, we must say that TENB is in the distress zone and has some risk of bankruptcy.
TENB has a Altman-Z score (1.49) which is in line with its industry peers.
The Debt to FCF ratio of TENB is 1.44, which is an excellent value as it means it would take TENB, only 1.44 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TENB (1.44) is better than 70.71% of its industry peers.
A Debt/Equity ratio of 1.01 is on the high side and indicates that TENB has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.01, TENB is doing worse than 73.93% of the companies in the same industry.
Even though the debt/equity ratio score it not favorable for TENB, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 1.44 | ||
| Altman-Z | 1.49 |
ROIC/WACCN/A
WACC11.12%
2.3 Liquidity
TENB has a Current Ratio of 0.94. This is a bad value and indicates that TENB is not financially healthy enough and could expect problems in meeting its short term obligations.
TENB has a Current ratio of 0.94. This is in the lower half of the industry: TENB underperforms 73.57% of its industry peers.
TENB has a Quick Ratio of 0.94. This is a bad value and indicates that TENB is not financially healthy enough and could expect problems in meeting its short term obligations.
TENB has a Quick ratio of 0.94. This is in the lower half of the industry: TENB underperforms 72.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
TENB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 37.50%, which is quite impressive.
Measured over the past years, TENB shows a very strong growth in Earnings Per Share. The EPS has been growing by 55.97% on average per year.
The Revenue has grown by 11.41% in the past year. This is quite good.
The Revenue has been growing by 20.48% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)37.5%
EPS 3Y55.97%
EPS 5YN/A
EPS Q2Q%9.68%
Revenue 1Y (TTM)11.41%
Revenue growth 3Y18.48%
Revenue growth 5Y20.48%
Sales Q2Q%11.78%
3.2 Future
Based on estimates for the next years, TENB will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.89% on average per year.
TENB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.38% yearly.
EPS Next Y18.64%
EPS Next 2Y16.88%
EPS Next 3Y16.14%
EPS Next 5Y17.89%
Revenue Next Year9.96%
Revenue Next 2Y8.91%
Revenue Next 3Y8.67%
Revenue Next 5Y9.38%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 21.62 indicates a rather expensive valuation of TENB.
Based on the Price/Earnings ratio, TENB is valued a bit cheaper than 75.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.13. TENB is valued slightly cheaper when compared to this.
TENB is valuated rather expensively with a Price/Forward Earnings ratio of 17.55.
81.43% of the companies in the same industry are more expensive than TENB, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 22.76. TENB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.62 | ||
| Fwd PE | 17.55 |
4.2 Price Multiples
TENB's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, TENB is valued cheaply inside the industry as 89.64% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.06 | ||
| EV/EBITDA | 111.35 |
4.3 Compensation for Growth
TENB's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
TENB's earnings are expected to grow with 16.14% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.16
PEG (5Y)N/A
EPS Next 2Y16.88%
EPS Next 3Y16.14%
5. Dividend
5.1 Amount
No dividends for TENB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
30.92
-0.17 (-0.55%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners90.56%
Inst Owner Change4.52%
Ins Owners0.92%
Ins Owner Change0.32%
Market Cap3.74B
Analysts75.33
Price Target40.54 (31.11%)
Short Float %5.45%
Short Ratio3.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.48%
Min EPS beat(2)9.88%
Max EPS beat(2)25.08%
EPS beat(4)4
Avg EPS beat(4)14.58%
Min EPS beat(4)6.33%
Max EPS beat(4)25.08%
EPS beat(8)8
Avg EPS beat(8)28.34%
EPS beat(12)12
Avg EPS beat(12)84.97%
EPS beat(16)16
Avg EPS beat(16)105.39%
Revenue beat(2)2
Avg Revenue beat(2)0.22%
Min Revenue beat(2)0.14%
Max Revenue beat(2)0.3%
Revenue beat(4)2
Avg Revenue beat(4)-0.01%
Min Revenue beat(4)-0.26%
Max Revenue beat(4)0.3%
Revenue beat(8)3
Avg Revenue beat(8)-0.09%
Revenue beat(12)5
Avg Revenue beat(12)-0.06%
Revenue beat(16)8
Avg Revenue beat(16)0.12%
PT rev (1m)6.64%
PT rev (3m)2.74%
EPS NQ rev (1m)-1.36%
EPS NQ rev (3m)-7.7%
EPS NY rev (1m)1.1%
EPS NY rev (3m)1.1%
Revenue NQ rev (1m)0.53%
Revenue NQ rev (3m)0.02%
Revenue NY rev (1m)0.95%
Revenue NY rev (3m)0.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.62 | ||
| Fwd PE | 17.55 | ||
| P/S | 3.94 | ||
| P/FCF | 15.06 | ||
| P/OCF | 14.1 | ||
| P/B | 10.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 111.35 |
EPS(TTM)1.43
EY4.62%
EPS(NY)1.76
Fwd EY5.7%
FCF(TTM)2.05
FCFY6.64%
OCF(TTM)2.19
OCFY7.09%
SpS7.84
BVpS2.9
TBVpS-3.93
PEG (NY)1.16
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.72% | ||
| ROE | -12.83% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 78% | ||
| FCFM | 26.19% |
ROA(3y)-4.45%
ROA(5y)-4.66%
ROE(3y)-21.9%
ROE(5y)-23.15%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.06%
GM growth 5Y-1.25%
F-Score7
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.01 | ||
| Debt/FCF | 1.44 | ||
| Debt/EBITDA | 11.3 | ||
| Cap/Depr | 44.61% | ||
| Cap/Sales | 1.79% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 844.02% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 1.49 |
F-Score7
WACC11.12%
ROIC/WACCN/A
Cap/Depr(3y)50.18%
Cap/Depr(5y)76.56%
Cap/Sales(3y)1.69%
Cap/Sales(5y)2.18%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)37.5%
EPS 3Y55.97%
EPS 5YN/A
EPS Q2Q%9.68%
EPS Next Y18.64%
EPS Next 2Y16.88%
EPS Next 3Y16.14%
EPS Next 5Y17.89%
Revenue 1Y (TTM)11.41%
Revenue growth 3Y18.48%
Revenue growth 5Y20.48%
Sales Q2Q%11.78%
Revenue Next Year9.96%
Revenue Next 2Y8.91%
Revenue Next 3Y8.67%
Revenue Next 5Y9.38%
EBIT growth 1Y65.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year35.83%
EBIT Next 3Y20.73%
EBIT Next 5Y-1.35%
FCF growth 1Y99.87%
FCF growth 3Y31.86%
FCF growth 5YN/A
OCF growth 1Y94.29%
OCF growth 3Y30.97%
OCF growth 5YN/A