TENABLE HOLDINGS INC (TENB) Stock Fundamental Analysis
USA - NASDAQ:TENB - US88025T1025 - Common Stock
29.4 USD
+0.18 (+0.62%)
TENB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 282 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 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.
In the past 5 years TENB always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of -2.72%, TENB perfoms like the industry average, outperforming 50.35% of the companies in the same industry.
Looking at the Return On Equity, with a value of -12.83%, TENB is in line with its industry, outperforming 46.10% of the companies in the same industry.
| 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
TENB has a better Gross Margin (78.00%) than 75.89% of its industry peers.
In the last couple of years the Gross Margin of TENB has remained more or less at the same level.
TENB does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| 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.
TENB has more shares outstanding than it did 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.
2.2 Solvency
TENB has an Altman-Z score of 1.40. This is a bad value and indicates that TENB is not financially healthy and even has some risk of bankruptcy.
TENB has a Altman-Z score of 1.40. This is in the lower half of the industry: TENB underperforms 60.28% 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.
With a decent Debt to FCF ratio value of 1.44, TENB is doing good in the industry, outperforming 71.28% 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.
Looking at the Debt to Equity ratio, with a value of 1.01, TENB is doing worse than 74.11% of the companies in the same industry.
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 | 1.01 | ||
| Debt/FCF | 1.44 | ||
| Altman-Z | 1.4 |
ROIC/WACCN/A
WACC11.11%
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 has a Current ratio of 0.94. This is in the lower half of the industry: TENB underperforms 74.11% of its industry peers.
A Quick Ratio of 0.94 indicates that TENB may have some problems paying its short term obligations.
With a Quick ratio value of 0.94, TENB is not doing good in the industry: 73.40% of the companies in the same industry are doing better.
| 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 37.50% 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
The Revenue has grown by 11.41% in the past year. This is quite good.
The Revenue has been growing by 20.48% on average over the past years. This is a very strong growth!
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.
TENB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.38% yearly.
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
TENB is valuated rather expensively with a Price/Earnings ratio of 20.56.
Compared to the rest of the industry, the Price/Earnings ratio of TENB indicates a somewhat cheap valuation: TENB is cheaper than 77.31% of the companies listed in the same industry.
TENB is valuated rather cheaply when we compare the Price/Earnings ratio to 27.49, which is the current average of the S&P500 Index.
TENB is valuated correctly with a Price/Forward Earnings ratio of 16.68.
TENB's Price/Forward Earnings ratio is rather cheap when compared to the industry. TENB is cheaper than 80.85% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.99, TENB is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.56 | ||
| Fwd PE | 16.68 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as TENB.
89.36% of the companies in the same industry are more expensive than TENB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.32 | ||
| EV/EBITDA | 104.81 |
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 16.14% in the coming years.
PEG (NY)1.1
PEG (5Y)N/A
EPS Next 2Y16.88%
EPS Next 3Y16.14%
5. Dividend
5.1 Amount
No dividends for TENB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NASDAQ:TENB (10/15/2025, 1:27:35 PM)
29.4
+0.18 (+0.62%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners93.71%
Inst Owner Change-0.31%
Ins Owners0.98%
Ins Owner Change0.33%
Market Cap3.56B
Analysts75.33
Price Target40.54 (37.89%)
Short Float %4.36%
Short Ratio3.67
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)2.74%
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 | 20.56 | ||
| Fwd PE | 16.68 | ||
| P/S | 3.75 | ||
| P/FCF | 14.32 | ||
| P/OCF | 13.4 | ||
| P/B | 10.15 | ||
| P/tB | N/A | ||
| EV/EBITDA | 104.81 |
EPS(TTM)1.43
EY4.86%
EPS(NY)1.76
Fwd EY5.99%
FCF(TTM)2.05
FCFY6.98%
OCF(TTM)2.19
OCFY7.46%
SpS7.84
BVpS2.9
TBVpS-3.93
PEG (NY)1.1
PEG (5Y)N/A
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
ROICexcg growth 3YN/A
ROICexcg 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 | 1.4 |
F-Score7
WACC11.11%
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