TENABLE HOLDINGS INC (TENB) Stock Fundamental Analysis

NASDAQ:TENB • US88025T1025

22.12 USD
-0.43 (-1.91%)
At close: Feb 12, 2026
22.56 USD
+0.44 (+1.99%)
After Hours: 2/12/2026, 5:20:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

TENB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 277 industry peers in the Software industry. Both the profitability and financial health of TENB have multiple concerns. TENB is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

3

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.
  • TENB had negative earnings in each of the past 5 years.
  • 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.
  • With a Return On Equity value of -11.07%, TENB perfoms like the industry average, outperforming 47.65% of the companies in the same industry.
  • TENB has a Return On Invested Capital (0.06%) which is in line with its industry peers.
Industry RankSector Rank
ROA -2.07%
ROE -11.07%
ROIC 0.06%
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

  • With a Operating Margin value of 0.08%, TENB perfoms like the industry average, outperforming 57.04% of the companies in the same industry.
  • TENB has a Gross Margin of 78.09%. This is in the better half of the industry: TENB outperforms 75.45% of its industry peers.
  • TENB's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 0.08%
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. 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 reduced compared to 1 year ago.
  • The number of shares outstanding for TENB has been increased compared to 5 years ago.
  • 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 0.95. 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 0.95 is on the low side compared to the rest of the industry. TENB is outperformed by 61.73% of its industry peers.
  • The Debt to FCF ratio of TENB is 1.42, which is an excellent value as it means it would take TENB, only 1.42 years of fcf income to pay off all of its debts.
  • TENB has a Debt to FCF ratio of 1.42. This is in the better half of the industry: TENB outperforms 70.40% of its industry peers.
  • TENB has a Debt/Equity ratio of 1.09. This is a high value indicating a heavy dependency on external financing.
  • TENB has a worse Debt to Equity ratio (1.09) than 77.98% 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 RankSector Rank
Debt/Equity 1.09
Debt/FCF 1.42
Altman-Z 0.95
ROIC/WACC0.01
WACC10.89%
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: 76.53% 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 worse Quick ratio (0.95) than 75.09% 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. Growth

3.1 Past

  • TENB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.03%, which is quite impressive.
  • The Earnings Per Share has been growing by 56.58% on average over the past years. This is a very strong growth
  • The Revenue has grown by 11.04% in the past year. This is quite good.
  • 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

  • TENB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.60% yearly.
  • 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 Y11.74%
EPS Next 2Y11.94%
EPS Next 3Y15.55%
EPS Next 5Y14.6%
Revenue Next Year7.62%
Revenue Next 2Y7.68%
Revenue Next 3Y8.81%
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

6

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 13.82 indicates a correct valuation of TENB.
  • Based on the Price/Earnings ratio, TENB is valued cheaper than 81.23% of the companies in the same industry.
  • TENB is valuated cheaply when we compare the Price/Earnings ratio to 27.67, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 12.37 indicates a correct valuation of TENB.
  • Based on the Price/Forward Earnings ratio, TENB is valued cheaper than 81.23% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.69. TENB is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 13.83
Fwd PE 12.37
TENB Price Earnings VS Forward Price EarningsTENB Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • TENB's Enterprise Value to EBITDA ratio is in line with the industry average.
  • TENB's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TENB is cheaper than 89.89% of the companies in the same industry.
Industry RankSector Rank
P/FCF 10.47
EV/EBITDA 56.39
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 PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • A more expensive valuation may be justified as TENB's earnings are expected to grow with 15.55% in the coming years.
PEG (NY)1.18
PEG (5Y)0.24
EPS Next 2Y11.94%
EPS Next 3Y15.55%

More info and screens

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

0

5. Dividend

5.1 Amount

  • TENB does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

TENABLE HOLDINGS INC

NASDAQ:TENB (2/12/2026, 5:20:00 PM)

After market: 22.56 +0.44 (+1.99%)

22.12

-0.43 (-1.91%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-04
Earnings (Next)04-27
Inst Owners96.17%
Inst Owner Change-0.75%
Ins Owners1.02%
Ins Owner Change0.25%
Market Cap2.62B
Revenue(TTM)999.40M
Net Income(TTM)-36.12M
Analysts75.17
Price Target35.71 (61.44%)
Short Float %4.73%
Short Ratio3.62
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)-7.12%
PT rev (3m)-9.77%
EPS NQ rev (1m)-0.17%
EPS NQ rev (3m)-4.31%
EPS NY rev (1m)-0.06%
EPS NY rev (3m)1.85%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.5%
Valuation
Industry RankSector Rank
PE 13.83
Fwd PE 12.37
P/S 2.62
P/FCF 10.47
P/OCF 9.82
P/B 8.03
P/tB N/A
EV/EBITDA 56.39
EPS(TTM)1.6
EY7.23%
EPS(NY)1.79
Fwd EY8.08%
FCF(TTM)2.11
FCFY9.55%
OCF(TTM)2.25
OCFY10.18%
SpS8.44
BVpS2.76
TBVpS-4.11
PEG (NY)1.18
PEG (5Y)0.24
Graham Number9.96
Profitability
Industry RankSector Rank
ROA -2.07%
ROE -11.07%
ROCE 0.08%
ROIC 0.06%
ROICexc 0.11%
ROICexgc N/A
OM 0.08%
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 1.42
Debt/EBITDA 8.29
Cap/Depr 39.51%
Cap/Sales 1.66%
Interest Coverage 250
Cash Conversion 624.49%
Profit Quality N/A
Current Ratio 0.95
Quick Ratio 0.95
Altman-Z 0.95
F-Score7
WACC10.89%
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 Y11.74%
EPS Next 2Y11.94%
EPS Next 3Y15.55%
EPS Next 5Y14.6%
Revenue 1Y (TTM)11.04%
Revenue growth 3Y13.52%
Revenue growth 5Y17.82%
Sales Q2Q%10.52%
Revenue Next Year7.62%
Revenue Next 2Y7.68%
Revenue Next 3Y8.81%
Revenue Next 5Y6.7%
EBIT growth 1Y-33.68%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year22.86%
EBIT Next 3YN/A
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 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 13.83 and the Price/Book (PB) ratio is 8.03.


Can you provide the financial health for TENB stock?

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