TENABLE HOLDINGS INC (TENB) Stock Fundamental Analysis
USA - NASDAQ:TENB - US88025T1025 - Common Stock
28.64 USD
-1.71 (-5.63%)
29 USD
+0.36 (+1.26%)
TENB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 285 industry peers in the Software industry. Both the profitability and financial health of TENB have multiple concerns. TENB is growing strongly while it is still valued neutral. This is a good combination!
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 -2.72%, TENB perfoms like the industry average, outperforming 50.88% of the companies in the same industry.
TENB has a Return On Equity of -12.83%. This is comparable to the rest of the industry: TENB outperforms 46.32% of its industry peers.
| 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
With a decent Gross Margin value of 78.00%, TENB is doing good in the industry, outperforming 75.79% 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.
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.
The number of shares outstanding for TENB has been increased compared to 1 year ago.
Compared to 5 years ago, TENB has more shares outstanding
TENB has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.46, we must say that TENB is in the distress zone and has some risk of bankruptcy.
TENB's Altman-Z score of 1.46 is in line compared to the rest of the industry. TENB outperforms 40.35% of its industry peers.
TENB has a debt to FCF ratio of 1.44. This is a very positive value and a sign of high solvency as it would only need 1.44 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 1.44, TENB is doing good in the industry, outperforming 71.93% of the companies in the same industry.
A Debt/Equity ratio of 1.01 is on the high side and indicates that TENB has dependencies on debt financing.
The Debt to Equity ratio of TENB (1.01) is worse than 74.04% of its industry peers.
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 | 1.46 |
ROIC/WACCN/A
WACC10.81%
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 74.04% 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.
The Quick ratio of TENB (0.94) is worse than 73.33% 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.
Looking at the last year, TENB shows a quite strong growth in Revenue. The Revenue has grown by 11.41% in the last year.
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)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
TENB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.89% yearly.
The Revenue is expected to grow by 9.38% on average over the next years. This is quite good.
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
Based on the Price/Earnings ratio of 20.03, the valuation of TENB can be described as rather expensive.
75.79% of the companies in the same industry are more expensive than TENB, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.76, TENB is valued a bit cheaper.
TENB is valuated correctly with a Price/Forward Earnings ratio of 16.25.
TENB's Price/Forward Earnings ratio is rather cheap when compared to the industry. TENB is cheaper than 80.35% of the companies in the same industry.
TENB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.63.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.03 | ||
| Fwd PE | 16.25 |
4.2 Price Multiples
TENB's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, TENB is valued cheaper than 88.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.95 | ||
| EV/EBITDA | 109.16 |
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)1.07
PEG (5Y)N/A
EPS Next 2Y16.88%
EPS Next 3Y16.14%
5. Dividend
5.1 Amount
TENB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
28.64
-1.71 (-5.63%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners93.71%
Inst Owner Change-0.75%
Ins Owners0.98%
Ins Owner Change0.33%
Market Cap3.47B
Revenue(TTM)949.25M
Net Income(TTM)-44984000
Analysts75.33
Price Target40.54 (41.55%)
Short Float %4.36%
Short Ratio4.13
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)0%
PT rev (3m)6.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.32%
EPS NY rev (1m)0%
EPS NY rev (3m)1.1%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.39%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.95%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.03 | ||
| Fwd PE | 16.25 | ||
| P/S | 3.65 | ||
| P/FCF | 13.95 | ||
| P/OCF | 13.06 | ||
| P/B | 9.89 | ||
| P/tB | N/A | ||
| EV/EBITDA | 109.16 |
EPS(TTM)1.43
EY4.99%
EPS(NY)1.76
Fwd EY6.15%
FCF(TTM)2.05
FCFY7.17%
OCF(TTM)2.19
OCFY7.66%
SpS7.84
BVpS2.9
TBVpS-3.93
PEG (NY)1.07
PEG (5Y)N/A
Graham Number9.65
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
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 Turnover0.57
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 | 1.46 |
F-Score7
WACC10.81%
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 Year35.42%
EBIT Next 3Y20.17%
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
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 5 / 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 20.03 and the Price/Book (PB) ratio is 9.89.
Can you provide the financial health for TENB stock?
The financial health rating of TENABLE HOLDINGS INC (TENB) is 3 / 10.