TENABLE HOLDINGS INC (TENB) Fundamental Analysis & Valuation

NASDAQ:TENB • US88025T1025

Current stock price

20.57 USD
+0.46 (+2.29%)
At close:
20.31 USD
-0.26 (-1.26%)
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.
  • TENB had a positive operating cash flow in each of the past 5 years.
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

  • Looking at the Return On Assets, with a value of -2.07%, TENB is in line with its industry, outperforming 51.84% of the companies in the same industry.
  • TENB has a Return On Equity (-11.07%) which is in line with its industry peers.
  • The Return On Invested Capital of TENB (0.10%) is comparable to the rest of the industry.
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

  • With a Operating Margin value of 0.12%, TENB perfoms like the industry average, outperforming 56.62% of the companies in the same industry.
  • TENB's Gross Margin of 78.09% is fine compared to the rest of the industry. TENB outperforms 74.63% of its industry peers.
  • 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

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TENB is destroying value.
  • TENB has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, TENB has more shares outstanding
  • The debt/assets ratio for TENB has been reduced compared to a year ago.
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 0.82. 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 0.82. This is in the lower half of the industry: TENB underperforms 65.07% of its industry peers.
  • TENB has a debt to FCF ratio of 1.43. This is a very positive value and a sign of high solvency as it would only need 1.43 years to pay back of all of its debts.
  • The Debt to FCF ratio of TENB (1.43) is better than 70.59% 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.
  • The Debt to Equity ratio of TENB (1.09) is worse than 76.84% of its industry peers.
  • 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 0.82
ROIC/WACC0.01
WACC10.39%
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.
  • Looking at the Current ratio, with a value of 0.95, TENB is doing worse than 77.57% of the companies in the same industry.
  • A Quick Ratio of 0.95 indicates that TENB may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.95, TENB is doing worse than 76.84% of the companies in the same industry.
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

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. TENB Growth Analysis

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.
  • Measured over the past years, TENB shows a very strong growth in Earnings Per Share. The EPS has been growing by 56.58% on average per year.
  • Looking at the last year, TENB shows a quite strong growth in Revenue. The Revenue has grown by 11.04% in the last year.
  • TENB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 17.82% yearly.
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

  • Based on estimates for the next years, TENB will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.60% on average per year.
  • The Revenue is expected to grow by 6.70% on average over the next years.
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.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

More info and screens

Find the best growth stocksShow best growing peers

7

4. TENB Valuation Analysis

4.1 Price/Earnings Ratio

  • TENB is valuated correctly with a Price/Earnings ratio of 12.86.
  • Based on the Price/Earnings ratio, TENB is valued cheaper than 84.93% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.50. TENB is valued rather cheaply when compared to this.
  • TENB is valuated reasonably with a Price/Forward Earnings ratio of 10.77.
  • 85.29% 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 22.62. TENB is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 12.86
Fwd PE 10.77
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

  • TENB's Enterprise Value to EBITDA ratio is in line with the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of TENB indicates a rather cheap valuation: TENB is cheaper than 90.81% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 9.42
EV/EBITDA 48.57
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 low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as TENB's earnings are expected to grow with 15.07% in the coming years.
PEG (NY)0.66
PEG (5Y)0.23
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

  • 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

TENB Fundamentals: All Metrics, Ratios and Statistics

TENABLE HOLDINGS INC

NASDAQ:TENB (4/22/2026, 8:00:01 PM)

After market: 20.31 -0.26 (-1.26%)

20.57

+0.46 (+2.29%)

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 Cap2.36B
Revenue(TTM)999.40M
Net Income(TTM)-36.12M
Analysts74.67
Price Target30.3 (47.3%)
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 12.86
Fwd PE 10.77
P/S 2.36
P/FCF 9.42
P/OCF 8.83
P/B 7.22
P/tB N/A
EV/EBITDA 48.57
EPS(TTM)1.6
EY7.78%
EPS(NY)1.91
Fwd EY9.28%
FCF(TTM)2.18
FCFY10.62%
OCF(TTM)2.33
OCFY11.32%
SpS8.73
BVpS2.85
TBVpS-4.25
PEG (NY)0.66
PEG (5Y)0.23
Graham Number10.1286 (-50.76%)
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 0.82
F-Score7
WACC10.39%
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.