TENABLE HOLDINGS INC (TENB) Fundamental Analysis & Valuation

NASDAQ:TENB • US88025T1025

Current stock price

20.02 USD
+0.54 (+2.77%)
At close:
20.02 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

  • 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.
  • 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 46.69% of the companies in the same industry.
  • TENB's Return On Invested Capital of 0.10% is in line compared to the rest of the industry. TENB outperforms 56.99% of its industry peers.
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

  • The Operating Margin of TENB (0.12%) is comparable to the rest of the industry.
  • With a decent Gross Margin value of 78.09%, TENB is doing good in the industry, outperforming 74.63% of the companies in the same industry.
  • 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.
  • Compared to 1 year ago, TENB has less shares outstanding
  • The number of shares outstanding for TENB has been increased compared to 5 years ago.
  • TENB has a better debt/assets ratio than last year.
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

  • Based on the Altman-Z score of 0.77, we must say that TENB is in the distress zone and has some risk of bankruptcy.
  • TENB has a Altman-Z score of 0.77. This is in the lower half of the industry: TENB underperforms 64.34% 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.
  • TENB has a Debt to FCF ratio of 1.43. This is in the better half of the industry: TENB outperforms 70.59% of its industry peers.
  • A Debt/Equity ratio of 1.09 is on the high side and indicates that TENB has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.09, TENB is not doing good in the industry: 76.84% of the companies in the same industry are doing better.
  • 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 0.77
ROIC/WACC0.01
WACC10.44%
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

  • TENB has a Current 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 Current ratio (0.95) than 77.21% of its industry peers.
  • 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.
  • The Quick ratio of TENB (0.95) is worse than 76.47% 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.
  • The Earnings Per Share has been growing by 56.58% 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 11.04% in the last year.
  • Measured over the past years, TENB shows a quite strong growth in Revenue. The Revenue has been growing by 17.82% on average per year.
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 Y19.37%
EPS Next 2Y15.45%
EPS Next 3Y15.07%
EPS Next 5Y14.6%
Revenue Next Year8.22%
Revenue Next 2Y7.63%
Revenue Next 3Y7.54%
Revenue Next 5Y6.7%

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.
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

7

4. TENB Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 12.51 indicates a correct 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 85.29% of the companies listed in the same industry.
  • TENB is valuated cheaply when we compare the Price/Earnings ratio to 27.42, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 10.48, which indicates a very decent valuation of TENB.
  • 84.93% of the companies in the same industry are more expensive than TENB, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 22.24. TENB is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 12.51
Fwd PE 10.48
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TENB is on the same level as its industry peers.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of TENB indicates a rather cheap valuation: TENB is cheaper than 90.44% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 9.17
EV/EBITDA 45.68
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

  • 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 15.07% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.65
PEG (5Y)0.22
EPS Next 2Y15.45%
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%

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Find the best dividend stocksShow peers with best dividend

TENB Fundamentals: All Metrics, Ratios and Statistics

TENABLE HOLDINGS INC

NASDAQ:TENB (4/24/2026, 7:08:54 PM)

After market: 20.02 0 (0%)

20.02

+0.54 (+2.77%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)02-04
Earnings (Next)04-29
Inst Owners101.32%
Inst Owner Change0.27%
Ins Owners1.17%
Ins Owner Change0.42%
Market Cap2.29B
Revenue(TTM)999.40M
Net Income(TTM)-36.12M
Analysts74.67
Price Target30.3 (51.35%)
Short Float %13.08%
Short Ratio4.44
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)-3.36%
PT rev (3m)-18.47%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)3.33%
EPS NY rev (1m)-0.06%
EPS NY rev (3m)7.04%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.95%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.55%
Valuation
Industry RankSector Rank
PE 12.51
Fwd PE 10.48
P/S 2.29
P/FCF 9.17
P/OCF 8.6
P/B 7.03
P/tB N/A
EV/EBITDA 45.68
EPS(TTM)1.6
EY7.99%
EPS(NY)1.91
Fwd EY9.54%
FCF(TTM)2.18
FCFY10.91%
OCF(TTM)2.33
OCFY11.63%
SpS8.73
BVpS2.85
TBVpS-4.25
PEG (NY)0.65
PEG (5Y)0.22
Graham Number10.1286 (-49.41%)
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 0.77
F-Score7
WACC10.44%
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 Y19.37%
EPS Next 2Y15.45%
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 3Y7.54%
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.


Can you provide the valuation status for TENABLE HOLDINGS INC?

ChartMill assigns a valuation rating of 7 / 10 to TENABLE HOLDINGS INC (TENB). This can be considered as Undervalued.


What is the profitability of TENB stock?

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


What is the expected EPS growth for TENABLE HOLDINGS INC (TENB) stock?

The Earnings per Share (EPS) of TENABLE HOLDINGS INC (TENB) is expected to grow by 19.37% in the next year.