-0.30%
10.26%
11.11%
3.16%
-8.28%
-15.31%
52.75%

Company Description

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.In addition, it provides Nessus Professional, a vulnerability assessment solution for identifying security vulnerabilities, configuration issues, and malware; and Nessus Essentials, which includes vulnerability and configuration assessment for a limited number of assets.The company was founded in 2002 and is headquartered in Columbia, Maryland.

Market Data

Last Price 43.09
Change Percentage -0.30%
Open 43.54
Previous Close 43.22
Market Cap ( Millions) 5177
Volume 1232498
Year High 53.5
Year Low 35.25
M A 50 41.5
M A 200 41.97

Financial Ratios

FCF Yield 3.17%
Dividend Yield 0.00%
ROE -16.24%
Debt / Equity 100.64%
Net Debt / EBIDTA 551.99%
Price To Book 12.69
Price Earnings Ratio -85.85
Price To FCF 31.52
Price To sales 5.9
EV / EBITDA 306.52

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Subscription

Expected Growth : 12 %

What the company do ?

Tenable Holdings, Inc.'s subscription provides continuous vulnerability management, enabling organizations to identify and prioritize vulnerabilities, and reduce cyber risk.

Why we expect these perspectives ?

Tenable Holdings, Inc.'s 12% subscription growth is driven by increasing demand for vulnerability management and cyber exposure solutions, expansion into new markets, and strategic partnerships. Additionally, the company's cloud-based offerings and scalable platform have enabled it to capitalize on the growing trend of digital transformation and cloud adoption.

Segment nΒ°2 -> Perpetual License and Maintenance

Expected Growth : 11 %

What the company do ?

Perpetual License and Maintenance from Tenable Holdings, Inc. is a one-time payment for a perpetual license, including maintenance and support for a specified period.

Why we expect these perspectives ?

Tenable Holdings, Inc.'s Perpetual License and Maintenance growth is driven by increasing demand for vulnerability management, rising adoption of cloud-based solutions, and growing need for cybersecurity measures amidst escalating threats. Additionally, the company's expanding partner network, innovative product offerings, and strategic acquisitions contribute to its 11% growth.

Segment nΒ°3 -> Professional Services and Other

Expected Growth : 10 %

What the company do ?

Professional Services and Other from Tenable Holdings, Inc. provides cybersecurity consulting, implementation, and managed services, as well as training and support.

Why we expect these perspectives ?

Tenable Holdings' Professional Services and Other segment growth is driven by increasing demand for vulnerability management and cyber exposure solutions, expansion into new markets, and strategic partnerships. The 10% growth rate is also fueled by the company's investments in sales and marketing, as well as its ability to upsell and cross-sell its services to existing customers.

Tenable Holdings, Inc. Products

Product Range What is it ?
Nessus A vulnerability scanner that identifies vulnerabilities, configuration issues, and malware
Tenable.io A cloud-based vulnerability management platform that provides real-time visibility into vulnerabilities
Tenable.sc A comprehensive vulnerability management platform that provides real-time visibility into vulnerabilities
Nessus Network Monitor A network traffic analysis tool that provides real-time visibility into network activity
Tenable.ot An operational technology (OT) security platform that provides real-time visibility into OT systems
Tenable.ad An active directory security platform that provides real-time visibility into AD security

Tenable Holdings, Inc.'s Porter Forces

Tenable Holdings, Inc. operates in the cybersecurity industry, which is characterized by rapid innovation and advancements. While there are substitutes available, such as open-source alternatives, Tenable's proprietary technology and strong brand recognition mitigate the threat of substitutes.

Tenable Holdings, Inc. has a diverse customer base across various industries, reducing dependence on a single customer. Additionally, the company's products and services are critical to customers' cybersecurity infrastructure, giving Tenable a strong bargaining position.

Tenable Holdings, Inc. is not heavily reliant on a single supplier, and the company's technology is largely developed in-house. This reduces the bargaining power of suppliers and minimizes the risk of supply chain disruptions.

The cybersecurity industry is highly competitive, and new entrants can easily disrupt the market with innovative solutions. Tenable Holdings, Inc. must continue to innovate and invest in research and development to stay ahead of new entrants.

The cybersecurity industry is highly competitive, with numerous established players and new entrants vying for market share. Tenable Holdings, Inc. must differentiate its products and services through innovation, customer support, and strategic partnerships to maintain its market position.

Capital Structure

Value
Debt Weight 51.33%
Debt Cost 6.53%
Equity Weight 48.67%
Equity Cost 8.65%
WACC 7.56%
Leverage 105.46%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
MDB MongoDB, Inc. provides general purpose database platform worldwide. The company offers MongoDB Enterprise Advanced, a commercial database server for enterprise customers to run in the cloud, on-premise, or in a …
MQ Marqeta, Inc. operates a cloud-based open application programming interface platform that delivers card issuing and transaction processing services to developers, technical product managers, and visionary entrepreneurs. It offers its solutions …
RPD Rapid7, Inc. provides cyber security solutions. The company offers a cloud-native insight platform that enables customers to create and manage analytics-driven cyber security risk management programs. Its platform includes InsightIDR, …
HCP HashiCorp, Inc. provides multi-cloud infrastructure automation solutions worldwide. The company offers Terraform, an infrastructure provisioning product that applies an Infrastructure-as-Code approach, where processes and configuration required to support applications are …
DOCN DigitalOcean Holdings, Inc., through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. Its platform provides on-demand infrastructure and platform tools for developers, start-ups, and …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
43.09$
Current Price
43.09$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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