26.84 USD
+0.36 (+1.36%)
We assign a fundamental rating of 4 out of 10 to TENB. TENB was compared to 281 industry peers in the Software industry. TENB has a bad profitability rating. Also its financial health evaluation is rather negative. TENB is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!
1. Profitability
1.1 Basic Checks
In the past year TENB was profitable.
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
With a Return On Assets value of -2.03%, TENB perfoms like the industry average, outperforming 51.25% of the companies in the same industry.
Looking at the Return On Equity, with a value of -9.73%, TENB is in line with its industry, outperforming 48.40% of the companies in the same industry.
TENB's Return On Invested Capital of 0.20% is in line compared to the rest of the industry. TENB outperforms 59.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.03% | ||
| ROE | -9.73% | ||
| ROIC | 0.2% |
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 Operating Margin of 0.25%. This is comparable to the rest of the industry: TENB outperforms 59.07% of its industry peers.
Looking at the Gross Margin, with a value of 77.93%, TENB is in the better half of the industry, outperforming 75.09% of the companies in the same industry.
In the last couple of years the Gross Margin of TENB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.25% | ||
| PM (TTM) | N/A | ||
| GM | 77.93% |
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so TENB is destroying value.
Compared to 1 year ago, TENB has more shares outstanding
The number of shares outstanding for TENB has been increased compared to 5 years ago.
The debt/assets ratio for TENB has been reduced compared to a year ago.
2.2 Solvency
TENB has an Altman-Z score of 1.25. This is a bad value and indicates that TENB is not financially healthy and even has some risk of bankruptcy.
TENB's Altman-Z score of 1.25 is in line compared to the rest of the industry. TENB outperforms 40.93% of 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.
With a decent Debt to FCF ratio value of 1.44, TENB is doing good in the industry, outperforming 71.17% of the companies in the same industry.
TENB has a Debt/Equity ratio of 1.03. This is a high value indicating a heavy dependency on external financing.
TENB has a Debt to Equity ratio of 1.03. This is in the lower half of the industry: TENB underperforms 76.87% of its industry peers.
Although TENB does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 1.44 | ||
| Altman-Z | 1.25 |
ROIC/WACC0.02
WACC10.67%
2.3 Liquidity
A Current Ratio of 0.94 indicates that TENB may have some problems paying its short term obligations.
The Current ratio of TENB (0.94) is worse than 76.87% 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.
Looking at the Quick ratio, with a value of 0.94, TENB is doing worse than 75.80% of the companies in the same industry.
| 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 35.40%, which is quite impressive.
The Earnings Per Share has been growing by 55.97% on average over the past years. This is a very strong growth
The Revenue has grown by 11.05% in the past year. This is quite good.
Measured over the past years, TENB shows a very strong growth in Revenue. The Revenue has been growing by 20.48% on average per year.
EPS 1Y (TTM)35.4%
EPS 3Y55.97%
EPS 5YN/A
EPS Q2Q%31.25%
Revenue 1Y (TTM)11.05%
Revenue growth 3Y18.48%
Revenue growth 5Y20.48%
Sales Q2Q%11.16%
3.2 Future
TENB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.48% yearly.
TENB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.37% yearly.
EPS Next Y20.47%
EPS Next 2Y17.4%
EPS Next 3Y15.59%
EPS Next 5Y17.48%
Revenue Next Year10.51%
Revenue Next 2Y9.06%
Revenue Next 3Y8.61%
Revenue Next 5Y9.37%
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
Based on the Price/Earnings ratio of 17.54, the valuation of TENB can be described as rather expensive.
TENB's Price/Earnings ratio is a bit cheaper when compared to the industry. TENB is cheaper than 78.65% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.15. TENB is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 15.10 indicates a correct valuation of TENB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TENB indicates a rather cheap valuation: TENB is cheaper than 80.78% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.22, TENB is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.54 | ||
| Fwd PE | 15.1 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as TENB.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TENB indicates a rather cheap valuation: TENB is cheaper than 88.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.94 | ||
| EV/EBITDA | 67.95 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as TENB's earnings are expected to grow with 15.59% in the coming years.
PEG (NY)0.86
PEG (5Y)N/A
EPS Next 2Y17.4%
EPS Next 3Y15.59%
5. Dividend
5.1 Amount
TENB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:TENB (12/3/2025, 3:56:06 PM)
26.84
+0.36 (+1.36%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners93.71%
Inst Owner Change0.54%
Ins Owners0.98%
Ins Owner Change0.26%
Market Cap3.20B
Revenue(TTM)974.60M
Net Income(TTM)-33.51M
Analysts75.17
Price Target38.66 (44.04%)
Short Float %4.64%
Short Ratio4.71
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)10.73%
Min EPS beat(2)9.88%
Max EPS beat(2)11.59%
EPS beat(4)4
Avg EPS beat(4)15.89%
Min EPS beat(4)9.88%
Max EPS beat(4)25.08%
EPS beat(8)8
Avg EPS beat(8)26.94%
EPS beat(12)12
Avg EPS beat(12)53.15%
EPS beat(16)16
Avg EPS beat(16)92.07%
Revenue beat(2)2
Avg Revenue beat(2)0.1%
Min Revenue beat(2)0.07%
Max Revenue beat(2)0.14%
Revenue beat(4)3
Avg Revenue beat(4)0.07%
Min Revenue beat(4)-0.21%
Max Revenue beat(4)0.3%
Revenue beat(8)4
Avg Revenue beat(8)-0.03%
Revenue beat(12)5
Avg Revenue beat(12)-0.12%
Revenue beat(16)8
Avg Revenue beat(16)0.05%
PT rev (1m)-2.31%
PT rev (3m)-4.63%
EPS NQ rev (1m)-4.59%
EPS NQ rev (3m)-4.56%
EPS NY rev (1m)1.54%
EPS NY rev (3m)1.54%
Revenue NQ rev (1m)0.18%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)0.5%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.54 | ||
| Fwd PE | 15.1 | ||
| P/S | 3.29 | ||
| P/FCF | 12.94 | ||
| P/OCF | 12.09 | ||
| P/B | 9.3 | ||
| P/tB | N/A | ||
| EV/EBITDA | 67.95 |
EPS(TTM)1.53
EY5.7%
EPS(NY)1.78
Fwd EY6.62%
FCF(TTM)2.07
FCFY7.73%
OCF(TTM)2.22
OCFY8.27%
SpS8.17
BVpS2.89
TBVpS-3.99
PEG (NY)0.86
PEG (5Y)N/A
Graham Number9.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.03% | ||
| ROE | -9.73% | ||
| ROCE | 0.26% | ||
| ROIC | 0.2% | ||
| ROICexc | 0.35% | ||
| ROICexgc | N/A | ||
| OM | 0.25% | ||
| PM (TTM) | N/A | ||
| GM | 77.93% | ||
| FCFM | 25.4% |
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
ROICexgc growth 3YN/A
ROICexgc 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 Turnover0.59
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.03 | ||
| Debt/FCF | 1.44 | ||
| Debt/EBITDA | 8.25 | ||
| Cap/Depr | 42.59% | ||
| Cap/Sales | 1.77% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 615.8% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 | ||
| Altman-Z | 1.25 |
F-Score7
WACC10.67%
ROIC/WACC0.02
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)35.4%
EPS 3Y55.97%
EPS 5YN/A
EPS Q2Q%31.25%
EPS Next Y20.47%
EPS Next 2Y17.4%
EPS Next 3Y15.59%
EPS Next 5Y17.48%
Revenue 1Y (TTM)11.05%
Revenue growth 3Y18.48%
Revenue growth 5Y20.48%
Sales Q2Q%11.16%
Revenue Next Year10.51%
Revenue Next 2Y9.06%
Revenue Next 3Y8.61%
Revenue Next 5Y9.37%
EBIT growth 1Y113.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year35.42%
EBIT Next 3Y20.17%
EBIT Next 5Y-1.35%
FCF growth 1Y87.25%
FCF growth 3Y31.86%
FCF growth 5YN/A
OCF growth 1Y84.69%
OCF growth 3Y30.97%
OCF growth 5YN/A
TENABLE HOLDINGS INC / TENB FAQ
Can you provide the ChartMill fundamental rating for TENABLE HOLDINGS INC?
ChartMill assigns a fundamental rating of 4 / 10 to TENB.
What is the valuation status of TENABLE HOLDINGS INC (TENB) stock?
ChartMill assigns a valuation rating of 6 / 10 to TENABLE HOLDINGS INC (TENB). This can be considered as Fairly Valued.
Can you provide the profitability details for TENABLE HOLDINGS INC?
TENABLE HOLDINGS INC (TENB) has a profitability rating of 3 / 10.
What are the PE and PB ratios of TENABLE HOLDINGS INC (TENB) stock?
The Price/Earnings (PE) ratio for TENABLE HOLDINGS INC (TENB) is 17.54 and the Price/Book (PB) ratio is 9.3.
Can you provide the financial health for TENB stock?
The financial health rating of TENABLE HOLDINGS INC (TENB) is 3 / 10.