Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 2/6 |
Past Performance | 0/6 |
Financial Health | 6/6 |
Dividends | 0/6 |
TENB Stock Overview
Tenable Holdings, Inc. provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.
Tenable Holdings Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$46.71 |
52 Week High | US$63.61 |
52 Week Low | US$38.77 |
Beta | 1.54 |
1 Month Change | -11.13% |
3 Month Change | -19.17% |
1 Year Change | 12.96% |
3 Year Change | 61.63% |
5 Year Change | n/a |
Change since IPO | 54.41% |
Recent News & Updates
Shareholder Returns
TENB | US Software | US Market | |
---|---|---|---|
7D | -0.6% | 2.6% | 1.6% |
1Y | 13.0% | -22.4% | -20.8% |
Return vs Industry: TENB exceeded the US Software industry which returned -23.5% over the past year.
Return vs Market: TENB exceeded the US Market which returned -20.4% over the past year.
Price Volatility
TENB volatility | |
---|---|
TENB Average Weekly Movement | 9.0% |
Software Industry Average Movement | 11.0% |
Market Average Movement | 8.1% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: TENB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: TENB's weekly volatility (9%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2002 | 1,617 | Amit Yoran | https://www.tenable.com |
Tenable Holdings, Inc. provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable.io, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable.cs, a cloud-native application platform that enables organizations to programmatically detect and fix cloud infrastructure misconfigurations; Tenable.io WAS, which provides scanning for modern web applications; and Tenable.ep, an unified platform that helps organizations identify, assess, and accurately prioritize cyber risks across the entire attack surface. The company also offers Tenable.ad, a solution to secure Active Directory environments; Tenable.ot, an on-premises solution that provides threat detection and mitigation, asset tracking, vulnerability management, and configuration control capabilities to protect OT environments, including industrial networks; Tenable.sc, an on-premises solution that provides a risk-based view of an organization’s IT, security and compliance posture.
Tenable Holdings Fundamentals Summary
TENB fundamental statistics | |
---|---|
Market Cap | US$5.17b |
Earnings (TTM) | -US$63.43m |
Revenue (TTM) | US$577.31m |
8.9x
P/S Ratio-81.4x
P/E RatioIs TENB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
TENB income statement (TTM) | |
---|---|
Revenue | US$577.31m |
Cost of Revenue | US$119.25m |
Gross Profit | US$458.06m |
Other Expenses | US$521.49m |
Earnings | -US$63.43m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | -0.57 |
Gross Margin | 79.34% |
Net Profit Margin | -10.99% |
Debt/Equity Ratio | 161.6% |
How did TENB perform over the long term?
See historical performance and comparisonValuation
Is TENB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TENB?
Other financial metrics that can be useful for relative valuation.
What is TENB's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$5.17b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 8.8x |
Enterprise Value/EBITDA | -173.5x |
PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does TENB's PS Ratio compare to its peers?
TENB PS Ratio vs Peers |
---|
Company | PS | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 10.4x | ||
SAIL SailPoint Technologies Holdings | 12.7x | 19.6% | US$5.9b |
QLYS Qualys | 11.7x | 14.7% | US$5.0b |
CYBR CyberArk Software | 10.2x | 20.4% | US$5.3b |
RPD Rapid7 | 7x | 19.1% | US$4.0b |
TENB Tenable Holdings | 8.9x | 18.5% | US$5.2b |
Price-To-Sales vs Peers: TENB is good value based on its Price-To-Sales Ratio (8.9x) compared to the peer average (10.4x).
Price to Earnings Ratio vs Industry
How does TENB's PE Ratio compare vs other companies in the US Software Industry?
Price-To-Sales vs Industry: TENB is expensive based on its Price-To-Sales Ratio (8.9x) compared to the US Software industry average (4.4x)
Price to Sales Ratio vs Fair Ratio
What is TENB's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PS Ratio | 8.9x |
Fair PS Ratio | 9.3x |
Price-To-Sales vs Fair Ratio: TENB is good value based on its Price-To-Sales Ratio (8.9x) compared to the estimated Fair Price-To-Sales Ratio (9.3x).
Share Price vs Fair Value
What is the Fair Price of TENB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TENB ($46.71) is trading above our estimate of fair value ($34.28)
Significantly Below Fair Value: TENB is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TENB's PEG Ratio to determine if it is good value.
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Future Growth
How is Tenable Holdings forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
6.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TENB is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: TENB is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: TENB is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: TENB's revenue (18.5% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: TENB's revenue (18.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TENB's Return on Equity is forecast to be high in 3 years time (26.3%)
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Past Performance
How has Tenable Holdings performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
6.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TENB is currently unprofitable.
Growing Profit Margin: TENB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TENB is unprofitable, but has reduced losses over the past 5 years at a rate of 6.5% per year.
Accelerating Growth: Unable to compare TENB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TENB is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.1%).
Return on Equity
High ROE: TENB has a negative Return on Equity (-27.95%), as it is currently unprofitable.
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Financial Health
How is Tenable Holdings's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: TENB's short term assets ($722.2M) exceed its short term liabilities ($463.8M).
Long Term Liabilities: TENB's short term assets ($722.2M) exceed its long term liabilities ($547.1M).
Debt to Equity History and Analysis
Debt Level: TENB has more cash than its total debt.
Reducing Debt: TENB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TENB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TENB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 67.5% per year.
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Dividend
What is Tenable Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TENB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TENB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TENB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TENB's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TENB has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
Amit Yoran (50 yo)
5.5yrs
Tenure
US$8,480,631
Compensation
Dr. Amit Yoran, Ph D., has been the Chairman and Chief Executive Officer of Tenable, Inc. since January 3, 2017. Dr. Yoran has been President at Tenable Holdings, Inc. since May 2018 and has been its Chief...
CEO Compensation Analysis
Compensation vs Market: Amit's total compensation ($USD8.48M) is about average for companies of similar size in the US market ($USD8.21M).
Compensation vs Earnings: Amit's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: TENB's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Experienced Board: TENB's board of directors are considered experienced (4.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TENB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.7%.
Top Shareholders
Company Information
Tenable Holdings, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Tenable Holdings, Inc.
- Ticker: TENB
- Exchange: NasdaqGS
- Founded: 2002
- Industry: Systems Software
- Sector: Software
- Implied Market Cap: US$5.165b
- Shares outstanding: 110.58m
- Website: https://www.tenable.com
Number of Employees
Location
- Tenable Holdings, Inc.
- 6100 Merriweather Drive
- Columbia
- Maryland
- 21044
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/29 00:00 |
End of Day Share Price | 2022/06/29 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.