Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tenable Holdings's Enterprise Value is $3,389 Mil.
Tenable Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $29 Mil. Therefore, Tenable Holdings's EV-to-EBIT ratio for today is 115.69.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tenable Holdings's Enterprise Value is $3,389 Mil.
Tenable Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $72 Mil. Therefore, Tenable Holdings's EV-to-EBITDA ratio for today is 47.32.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tenable Holdings's Enterprise Value is $3,389 Mil.
Tenable Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,022 Mil. Therefore, Tenable Holdings's EV-to-Revenue ratio for today is 3.32.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Tenable Holdings (NAS:TENB) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Tenable Holdings's current Enterprise Value is $3,389 Mil.
Tenable Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $29 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Tenable Holdings's current Enterprise Value is $3,389 Mil.
Tenable Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $72 Mil.
Tenable Holdings's current Enterprise Value is $3,389 Mil.
Tenable Holdings's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,022 Mil.
Tenable Holdings's current Enterprise Value is $3,389 Mil.
Tenable Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $267 Mil.
Tenable Holdings's current Enterprise Value is $3,389 Mil.
Tenable Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $253 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tenable Holdings Enterprise Value Related Terms
Tenable Holdings Enterprise Value Historical Data
* Premium members only.
The historical data trend for Tenable Holdings's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TENB vs TDC, NTCT, PAY: Enterprise Value Comparison
For the Software - Infrastructure subindustry, Tenable Holdings's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tenable Holdings Enterprise Value vs Software Industry
For the Software industry and Technology sector, Tenable Holdings's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Tenable Holdings's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Tenable Holdings's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tenable Holdings (TENB) has a Enterprise Value of $3,389 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tenable Holdings and its competitors.
Is Tenable Holdings' Enterprise Value too high?
Tenable Holdings' current Enterprise Value is $3,389 Mil. Overall, Tenable Holdings has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tenable Holdings' Enterprise Value compare to TDC and NTCT?
Tenable Holdings' Enterprise Value of $3,389 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Tenable Holdings and its competitors. Tenable Holdings's current Enterprise Value is $3,389 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenable Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tenable Holdings (TENB) is currently considered Possible Value Trap. The stock's GF Value™ is $48.79, compared to a current price of $30.20 — trading 38.1% below its estimated fair value. The current Enterprise Value is $3,389 Mil. Tenable Holdings' overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Tenable Holdings (TENB), the current Enterprise Value is $3,389 Mil as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tenable Holdings (TENB) Overvalued in 2026?
Based on GuruFocus' analysis, Tenable Holdings stock appears to be undervalued.
The current stock price of $30.20 is trading 38.1% below its estimated GF Value™ of $48.79.
GuruFocus considers Tenable Holdings to be Possible Value Trap.
Key valuation signals for TENB:
Enterprise Value: $3,389 Mil
GF Value™: $48.79 vs. price of $30.20 (38.1% below fair value)
No single metric tells the full story. See the TENB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
69GF Score
Get the complete analysis for TENB
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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