Tenable Holdings, Inc.
—- Market cap
- —
- Debt
- +$398.58M
- Cash
- −$402.18M
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · View financials
Decision snapshot: TENB stock price vs ZBRA: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ZBRA's multiple
Needs ZBRA P/S.
Implied fair value · at TENB's multiple
Needs TENB P/S.
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: TENB FY 2025 (ended Dec 31, 2025) · ZBRA FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Price framework
Discounted free cash flow, then bridged to a per-share price. Same assumptions applied to both companies.
TENABLE HOLDINGS, INC. · implied price per share
Bear
$0.96
Base
$1.13
Bull
$1.30
Zebra Technologies Corporation · implied price per share
Bear
$64.05
Base
$75.35
Bull
$86.65
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
1.22x
0.70x
Net debt / EBITDA
Leverage against operating earnings
-0.06x
2.67x
Cash and equivalents
Liquid reserves on the balance sheet
$402.18M
$149.39M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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MICRON TECHNOLOGY INC
TENB vs MU
$398.58M
$2.50B
Live quote
LLM-powered synthesis
An on-demand narrative read of the same deterministic data.
Based on an earlier data snapshot. Review the filing dates below or refresh after signing in.
If you believe TENB can sustain 11.0% revenue growth while converting its 78.1% gross margin into positive operating income, then holding or adding could make sense because the current valuation already reflects a large discount model downside versus the present price; otherwise, the stock screens as overvalued relative to ZBRA on most earnings-based multiples.
TENB trades above ZBRA on every listed valuation multiple despite lower profitability, with the biggest gap on EV/EBITDA and P/E where TENB looks much richer. The model’s implied price of $20.52 versus the current $38.60 suggests a 46.8% downside, although TENB is still inside its historical trading band.
Supporting Metrics
Live quote