23.56 USD
-0.34 (-1.42%)
23.56 USD
0 (0%)
TENB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 276 industry peers in the Software industry. Both the profitability and financial health of TENB have multiple concerns. 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.
In the past 5 years TENB always reported negative net income.
Each year in the past 5 years TENB had a positive operating cash flow.
1.2 Ratios
The Return On Assets of TENB (-2.03%) is comparable to the rest of the industry.
TENB has a Return On Equity (-9.73%) which is comparable to the rest of the industry.
The Return On Invested Capital of TENB (0.20%) is comparable to the rest of the industry.
| 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 (0.25%) which is in line with its industry peers.
TENB has a Gross Margin of 77.93%. This is in the better half of the industry: TENB outperforms 75.00% of its industry peers.
TENB's Gross Margin has been stable in the last couple of years.
| 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.
The number of shares outstanding for TENB has been increased compared to 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 1.09, we must say that TENB is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of TENB (1.09) is worse than 61.96% 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.
TENB has a Debt to FCF ratio of 1.44. This is in the better half of the industry: TENB outperforms 71.01% of its industry peers.
A Debt/Equity ratio of 1.03 is on the high side and indicates that TENB has dependencies on debt financing.
With a Debt to Equity ratio value of 1.03, TENB is not doing good in the industry: 77.17% of the companies in the same industry are doing better.
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 | 1.09 |
ROIC/WACC0.02
WACC10.77%
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's Current ratio of 0.94 is on the low side compared to the rest of the industry. TENB is outperformed by 77.17% of its industry peers.
A Quick Ratio of 0.94 indicates that TENB may have some problems paying its short term obligations.
TENB has a Quick ratio of 0.94. This is in the lower half of the industry: TENB underperforms 76.45% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.94 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 35.40% over the past year.
The Earnings Per Share has been growing by 55.97% on average over the past years. This is a very strong growth
Looking at the last year, TENB shows a quite strong growth in Revenue. The Revenue has grown by 11.05% in the last year.
TENB shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.48% yearly.
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
Based on estimates for the next years, TENB will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.48% on average per year.
Based on estimates for the next years, TENB will show a quite strong growth in Revenue. The Revenue will grow by 9.37% on average per year.
EPS Next Y20.9%
EPS Next 2Y17.61%
EPS Next 3Y15.73%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 15.40, the valuation of TENB can be described as correct.
Based on the Price/Earnings ratio, TENB is valued cheaply inside the industry as 80.80% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 27.00, TENB is valued a bit cheaper.
A Price/Forward Earnings ratio of 13.20 indicates a correct valuation of TENB.
83.70% of the companies in the same industry are more expensive than TENB, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of TENB to the average of the S&P500 Index (23.70), we can say TENB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.4 | ||
| Fwd PE | 13.2 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TENB is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, TENB is valued cheaply inside the industry as 91.30% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.36 | ||
| EV/EBITDA | 59.84 |
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.
TENB's earnings are expected to grow with 15.73% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.74
PEG (5Y)N/A
EPS Next 2Y17.61%
EPS Next 3Y15.73%
5. Dividend
5.1 Amount
No dividends for TENB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
23.56
-0.34 (-1.42%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners96.17%
Inst Owner Change0%
Ins Owners1.02%
Ins Owner Change0.25%
Market Cap2.81B
Revenue(TTM)974.60M
Net Income(TTM)-33.51M
Analysts75.17
Price Target38.45 (63.2%)
Short Float %4.51%
Short Ratio4.01
Dividend
| Industry Rank | Sector 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)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)-0.56%
PT rev (3m)-5.16%
EPS NQ rev (1m)0.46%
EPS NQ rev (3m)-4.12%
EPS NY rev (1m)0.3%
EPS NY rev (3m)1.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.4 | ||
| Fwd PE | 13.2 | ||
| P/S | 2.88 | ||
| P/FCF | 11.36 | ||
| P/OCF | 10.62 | ||
| P/B | 8.16 | ||
| P/tB | N/A | ||
| EV/EBITDA | 59.84 |
EPS(TTM)1.53
EY6.49%
EPS(NY)1.78
Fwd EY7.57%
FCF(TTM)2.07
FCFY8.8%
OCF(TTM)2.22
OCFY9.42%
SpS8.17
BVpS2.89
TBVpS-3.99
PEG (NY)0.74
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 | 1.09 |
F-Score7
WACC10.77%
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 Y20.9%
EPS Next 2Y17.61%
EPS Next 3Y15.73%
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 Year35.92%
EBIT Next 3Y19.39%
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 for 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.
Can you provide the PE and PB ratios for TENB stock?
The Price/Earnings (PE) ratio for TENABLE HOLDINGS INC (TENB) is 15.4 and the Price/Book (PB) ratio is 8.16.
Can you provide the financial health for TENB stock?
The financial health rating of TENABLE HOLDINGS INC (TENB) is 3 / 10.