20.05 USD
-1.97 (-8.95%)
At close: Feb 3, 2026
20.05 USD
0 (0%)
After Hours: 2/3/2026, 8:00:02 PM
We assign a fundamental rating of 4 out of 10 to TENB. TENB was compared to 278 industry peers in the Software industry. TENB may be in some trouble as it scores bad on both profitability and health. TENB is growing strongly while it also seems undervalued. This is an interesting combination
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.
- In the past 5 years TENB always reported a positive cash flow from operatings.
1.2 Ratios
- TENB's Return On Assets of -2.03% is in line compared to the rest of the industry. TENB outperforms 49.64% of its industry peers.
- The Return On Equity of TENB (-9.73%) is comparable to the rest of the industry.
- TENB has a Return On Invested Capital (0.20%) which is in line with 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's Operating Margin of 0.25% is in line compared to the rest of the industry. TENB outperforms 57.19% 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 75.54% 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
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TENB is destroying value.
- The number of shares outstanding for TENB has been increased compared to 1 year ago.
- 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
- Based on the Altman-Z score of 1.01, we must say that TENB is in the distress zone and has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 1.01, TENB is doing worse than 61.15% of the companies in the same industry.
- 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.
- The Debt to FCF ratio of TENB (1.44) is better than 70.86% of its industry peers.
- TENB has a Debt/Equity ratio of 1.03. This is a high value indicating a heavy dependency on external financing.
- TENB has a worse Debt to Equity ratio (1.03) than 77.34% 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 | 1.01 |
ROIC/WACC0.02
WACC10.92%
2.3 Liquidity
- A Current Ratio of 0.94 indicates that TENB may have some problems paying its short term obligations.
- TENB has a worse Current ratio (0.94) than 76.98% 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 75.90% 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.
- 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 11.05% 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.
- 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 3Y15.71%
EPS Next 5Y17.48%
Revenue Next Year10.51%
Revenue Next 2Y9.06%
Revenue Next 3Y8.61%
Revenue Next 5Y9.37%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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 13.10 indicates a correct valuation of TENB.
- Based on the Price/Earnings ratio, TENB is valued cheaper than 80.58% of the companies in the same industry.
- TENB's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.18.
- With a Price/Forward Earnings ratio of 11.24, the valuation of TENB can be described as very reasonable.
- TENB's Price/Forward Earnings ratio is rather cheap when compared to the industry. TENB is cheaper than 83.45% of the companies in the same industry.
- TENB is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.51, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.1 | ||
| Fwd PE | 11.24 |
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.
- TENB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TENB is cheaper than 90.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.67 | ||
| EV/EBITDA | 55.57 |
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 15.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.63
PEG (5Y)N/A
EPS Next 2Y17.61%
EPS Next 3Y15.71%
5. Dividend
5.1 Amount
- No dividends for TENB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
20.05
-1.97 (-8.95%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)10-29 2025-10-29/amc
Earnings (Next)02-04 2026-02-04/amc
Inst Owners96.17%
Inst Owner Change-0.42%
Ins Owners1.02%
Ins Owner Change0.25%
Market Cap2.39B
Revenue(TTM)974.60M
Net Income(TTM)-33.51M
Analysts75.17
Price Target37.16 (85.34%)
Short Float %4.73%
Short Ratio3.62
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)-3.35%
PT rev (3m)-6.1%
EPS NQ rev (1m)-0.17%
EPS NQ rev (3m)-4.29%
EPS NY rev (1m)0%
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 | 13.1 | ||
| Fwd PE | 11.24 | ||
| P/S | 2.46 | ||
| P/FCF | 9.67 | ||
| P/OCF | 9.03 | ||
| P/B | 6.95 | ||
| P/tB | N/A | ||
| EV/EBITDA | 55.57 |
EPS(TTM)1.53
EY7.63%
EPS(NY)1.78
Fwd EY8.9%
FCF(TTM)2.07
FCFY10.35%
OCF(TTM)2.22
OCFY11.07%
SpS8.17
BVpS2.89
TBVpS-3.99
PEG (NY)0.63
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 | 1.01 |
F-Score7
WACC10.92%
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 3Y15.71%
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 3Y19.37%
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 7 / 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 13.1 and the Price/Book (PB) ratio is 6.95.
Can you provide the financial health for TENB stock?
The financial health rating of TENABLE HOLDINGS INC (TENB) is 3 / 10.