Tenable Holdings Inc TENB

Morningstar Rating
$36.11 −0.28 (0.77%)
View Full Chart

Company Report

Tenable Is a Small Security Vendor Increasingly Going Up Against Larger Foes

We view Tenable as a solid but increasingly pressured cybersecurity vendor providing vulnerability management and security operations solutions to its clients. While the firm’s combined portfolio delivers exposure management, enabling complete assessment of customers’ threat landscape and security posture, we believe the firm’s addressable opportunity is narrowing as larger-platform vendors continue to absorb market share and compete with Tenable.

Price vs Fair Value

TENB is trading at a LOCK|$Fx@Vf premium.
Price
$36.10
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Tenable’s software is considered best-of-breed for vulnerability management, and therefore well trusted amongst enterprise and government customers.

Bears

Tenable’s operating leverage and cash flow may be further depressed if the firm is required to continue investing heavily in its platform.

News

Articles & Videos

Trading Information

Previous Close Price
$36.39
Day Range
$35.41–37.15
52-Week Range
$15.73–43.67
Bid/Ask
$32.57 / $36.09
Shares Outstanding
110.14M
Market Cap
$3.98B
Volume/Avg
3M / 4M

Key Statistics

Price/Earnings (Normalized)
38.46
Price/Sales
4.07
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Dividend Payment Schedule
—
Total Yield
8.87%

Company Profile

Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
Sector
Technology
Industry
Software - Infrastructure
Stock Style Box
Small Core
Total Number of Employees
1,995

Competitors

Valuation

Metric
TENB
CRWD
QLYS
Price/Earnings (Normalized)
38.46240.8124.47
Price/Book Value
20.1053.4011.55
Price/Sales
4.0750.449.55
Price/Cash Flow
18.27132.7021.00
Price/Earnings
TENB
CRWD
QLYS

Financial Strength

Metric
TENB
CRWD
QLYS
Quick Ratio
0.651.371.27
Current Ratio
0.791.571.38
Interest Coverage
1.24−2.96—
Quick Ratio
TENB
CRWD
QLYS

Profitability

Metric
TENB
CRWD
QLYS
Return on Assets (Normalized)
13.47%10.64%25.86%
Return on Equity (Normalized)
75.69%26.00%50.15%
Return on Invested Capital (Normalized)
32.92%19.39%42.38%
Return on Assets
TENB
CRWD
QLYS

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