TENABLE HOLDINGS INC (TENB) Fundamental Analysis & Valuation

NASDAQ:TENB • US88025T1025

Current stock price

18.29 USD
+0.18 (+0.99%)
At close:
18.29 USD
0 (0%)
After Hours:

This TENB fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

3

1. TENB Profitability Analysis

1.1 Basic Checks

  • TENB had positive earnings in the past year.
  • TENB had a positive operating cash flow in the past year.
  • In the past 5 years TENB always reported negative net income.
  • In the past 5 years TENB always reported a positive cash flow from operatings.
TENB Yearly Net Income VS EBIT VS OCF VS FCFTENB Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M

1.2 Ratios

  • The Return On Assets of TENB (-2.07%) is comparable to the rest of the industry.
  • The Return On Equity of TENB (-11.07%) is comparable to the rest of the industry.
  • With a Return On Invested Capital value of 0.10%, TENB perfoms like the industry average, outperforming 58.27% of the companies in the same industry.
Industry RankSector Rank
ROA -2.07%
ROE -11.07%
ROIC 0.1%
ROA(3y)-3.01%
ROA(5y)-3.83%
ROE(3y)-14.25%
ROE(5y)-19.69%
ROIC(3y)N/A
ROIC(5y)N/A
TENB Yearly ROA, ROE, ROICTENB Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1K 2K 3K 4K

1.3 Margins

  • TENB's Operating Margin of 0.12% is in line compared to the rest of the industry. TENB outperforms 57.91% of its industry peers.
  • TENB has a better Gross Margin (78.09%) than 75.54% of its industry peers.
  • TENB's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 0.12%
PM (TTM) N/A
GM 78.09%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.32%
GM growth 5Y-1.07%
TENB Yearly Profit, Operating, Gross MarginsTENB Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. TENB Health Analysis

2.1 Basic Checks

  • TENB has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • TENB has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, TENB has more shares outstanding
  • Compared to 1 year ago, TENB has an improved debt to assets ratio.
TENB Yearly Shares OutstandingTENB Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M 100M
TENB Yearly Total Debt VS Total AssetsTENB Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

2.2 Solvency

  • TENB has an Altman-Z score of 0.71. This is a bad value and indicates that TENB is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of TENB (0.71) is worse than 64.03% of its industry peers.
  • The Debt to FCF ratio of TENB is 1.43, which is an excellent value as it means it would take TENB, only 1.43 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 1.43, TENB is doing good in the industry, outperforming 70.14% of the companies in the same industry.
  • A Debt/Equity ratio of 1.09 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 1.09, TENB is doing worse than 77.34% of the companies in the same industry.
  • Although TENB's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. 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 RankSector Rank
Debt/Equity 1.09
Debt/FCF 1.43
Altman-Z 0.71
ROIC/WACC0.01
WACC10.66%
TENB Yearly LT Debt VS Equity VS FCFTENB Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

  • A Current Ratio of 0.95 indicates that TENB may have some problems paying its short term obligations.
  • With a Current ratio value of 0.95, TENB is not doing good in the industry: 76.98% of the companies in the same industry are doing better.
  • TENB has a Quick Ratio of 0.95. 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 0.95. This is in the lower half of the industry: TENB underperforms 76.26% of its industry peers.
Industry RankSector Rank
Current Ratio 0.95
Quick Ratio 0.95
TENB Yearly Current Assets VS Current LiabilitesTENB Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. TENB Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 24.03% over the past year.
  • TENB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 56.58% yearly.
  • Looking at the last year, TENB shows a quite strong growth in Revenue. The Revenue has grown by 11.04% in the last year.
  • The Revenue has been growing by 17.82% on average over the past years. This is quite good.
EPS 1Y (TTM)24.03%
EPS 3Y61.48%
EPS 5Y56.58%
EPS Q2Q%17.07%
Revenue 1Y (TTM)11.04%
Revenue growth 3Y13.52%
Revenue growth 5Y17.82%
Sales Q2Q%10.52%

3.2 Future

  • The Earnings Per Share is expected to grow by 14.60% on average over the next years. This is quite good.
  • Based on estimates for the next years, TENB will show a small growth in Revenue. The Revenue will grow by 6.70% on average per year.
EPS Next Y19.44%
EPS Next 2Y15.53%
EPS Next 3Y15.07%
EPS Next 5Y14.6%
Revenue Next Year8.22%
Revenue Next 2Y7.63%
Revenue Next 3Y7.51%
Revenue Next 5Y6.7%

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.
TENB Yearly Revenue VS EstimatesTENB Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B
TENB Yearly EPS VS EstimatesTENB Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 1 2 3 4

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Find the best growth stocksShow best growing peers

8

4. TENB Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 11.43, which indicates a very decent valuation of TENB.
  • Compared to the rest of the industry, the Price/Earnings ratio of TENB indicates a rather cheap valuation: TENB is cheaper than 86.69% of the companies listed in the same industry.
  • TENB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.61.
  • The Price/Forward Earnings ratio is 9.57, which indicates a very decent valuation of TENB.
  • 84.89% of the companies in the same industry are more expensive than TENB, based on the Price/Forward Earnings ratio.
  • TENB is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.79, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 11.43
Fwd PE 9.57
TENB Price Earnings VS Forward Price EarningsTENB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, TENB is valued a bit cheaper than 60.07% of the companies in the same industry.
  • 92.09% of the companies in the same industry are more expensive than TENB, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 8.4
EV/EBITDA 42.19
TENB Per share dataTENB EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 -4 6 8

4.3 Compensation for Growth

  • TENB's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • TENB's earnings are expected to grow with 15.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.59
PEG (5Y)0.2
EPS Next 2Y15.53%
EPS Next 3Y15.07%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. TENB Dividend Analysis

5.1 Amount

  • No dividends for TENB!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

TENB Fundamentals: All Metrics, Ratios and Statistics

TENABLE HOLDINGS INC

NASDAQ:TENB (3/26/2026, 4:30:02 PM)

After market: 18.29 0 (0%)

18.29

+0.18 (+0.99%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-04
Earnings (Next)04-27
Inst Owners97.86%
Inst Owner Change0.7%
Ins Owners1.15%
Ins Owner Change0.43%
Market Cap2.10B
Revenue(TTM)999.40M
Net Income(TTM)-36.12M
Analysts75.17
Price Target31.35 (71.41%)
Short Float %6.09%
Short Ratio2.59
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)12.62%
Min EPS beat(2)11.59%
Max EPS beat(2)13.65%
EPS beat(4)4
Avg EPS beat(4)15.05%
Min EPS beat(4)9.88%
Max EPS beat(4)25.08%
EPS beat(8)8
Avg EPS beat(8)19.05%
EPS beat(12)12
Avg EPS beat(12)48.45%
EPS beat(16)16
Avg EPS beat(16)86.92%
Revenue beat(2)2
Avg Revenue beat(2)0.77%
Min Revenue beat(2)0.07%
Max Revenue beat(2)1.47%
Revenue beat(4)4
Avg Revenue beat(4)0.49%
Min Revenue beat(4)0.07%
Max Revenue beat(4)1.47%
Revenue beat(8)4
Avg Revenue beat(8)-0.01%
Revenue beat(12)6
Avg Revenue beat(12)0.02%
Revenue beat(16)8
Avg Revenue beat(16)0.08%
PT rev (1m)-12.22%
PT rev (3m)-18.47%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)3.51%
EPS NY rev (1m)6.88%
EPS NY rev (3m)7.1%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)0.95%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)0.55%
Valuation
Industry RankSector Rank
PE 11.43
Fwd PE 9.57
P/S 2.1
P/FCF 8.4
P/OCF 7.88
P/B 6.44
P/tB N/A
EV/EBITDA 42.19
EPS(TTM)1.6
EY8.75%
EPS(NY)1.91
Fwd EY10.45%
FCF(TTM)2.18
FCFY11.91%
OCF(TTM)2.32
OCFY12.69%
SpS8.7
BVpS2.84
TBVpS-4.24
PEG (NY)0.59
PEG (5Y)0.2
Graham Number10.11
Profitability
Industry RankSector Rank
ROA -2.07%
ROE -11.07%
ROCE 0.13%
ROIC 0.1%
ROICexc 0.18%
ROICexgc N/A
OM 0.12%
PM (TTM) N/A
GM 78.09%
FCFM 25.03%
ROA(3y)-3.01%
ROA(5y)-3.83%
ROE(3y)-14.25%
ROE(5y)-19.69%
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 3Y0.32%
GM growth 5Y-1.07%
F-Score7
Asset Turnover0.57
Health
Industry RankSector Rank
Debt/Equity 1.09
Debt/FCF 1.43
Debt/EBITDA 8.21
Cap/Depr 39.51%
Cap/Sales 1.66%
Interest Coverage 250
Cash Conversion 618.11%
Profit Quality N/A
Current Ratio 0.95
Quick Ratio 0.95
Altman-Z 0.71
F-Score7
WACC10.66%
ROIC/WACC0.01
Cap/Depr(3y)34.67%
Cap/Depr(5y)46.16%
Cap/Sales(3y)1.31%
Cap/Sales(5y)1.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.03%
EPS 3Y61.48%
EPS 5Y56.58%
EPS Q2Q%17.07%
EPS Next Y19.44%
EPS Next 2Y15.53%
EPS Next 3Y15.07%
EPS Next 5Y14.6%
Revenue 1Y (TTM)11.04%
Revenue growth 3Y13.52%
Revenue growth 5Y17.82%
Sales Q2Q%10.52%
Revenue Next Year8.22%
Revenue Next 2Y7.63%
Revenue Next 3Y7.51%
Revenue Next 5Y6.7%
EBIT growth 1Y4.8%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year25.16%
EBIT Next 3Y15.9%
EBIT Next 5Y-5.09%
FCF growth 1Y20.99%
FCF growth 3Y30.68%
FCF growth 5Y41.63%
OCF growth 1Y22.66%
OCF growth 3Y26.68%
OCF growth 5Y32.96%

TENABLE HOLDINGS INC / TENB Fundamental Analysis 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 for TENB stock?

ChartMill assigns a valuation rating of 8 / 10 to TENABLE HOLDINGS INC (TENB). This can be considered as Undervalued.


Can you provide the profitability details for TENABLE HOLDINGS INC?

TENABLE HOLDINGS INC (TENB) has a profitability rating of 3 / 10.


Can you provide the PE and PB ratios for TENB stock?

The Price/Earnings (PE) ratio for TENABLE HOLDINGS INC (TENB) is 11.43 and the Price/Book (PB) ratio is 6.44.


Can you provide the financial health for TENB stock?

The financial health rating of TENABLE HOLDINGS INC (TENB) is 3 / 10.