TENB (Tenable Holdings) ROCE %: 5.13% (As of Mar. 2026)

What is Tenable Holdings ROCE %?

Tenable Holdings TENB +2.27% 69 ROCE % is 5.13% as of Mar. 2026. GuruFocus rates TENB with a GF Score™ of 69/100 and a GF Value™ of $48.77 (Possible Value Trap). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Tenable Holdings's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.13%.

Tenable Holdings (NAS:TENB) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Tenable Holdings ROCE % Related Terms

Tenable Holdings ROCE % Historical Data

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The historical data trend for Tenable Holdings's ROCE % 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.

Tenable Holdings ROCE % Chart

Tenable Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-7.98

-8.18

-4.04

1.35

0.57

Tenable Holdings Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															-4.97	-1.39	4.28	4.76	5.13

69GF Score

Tenable Holdings Inc TENB

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Tenable Holdings ROCE % Calculation

Tenable Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	5.486	/	( ( (1742.119 - 738.092)	+	(1747.667 - 812.949) )	/ 2 )
	=	5.486	/	( (1004.027	+	934.718)	/ 2 )
	=	5.486	/	969.3725
	=	0.57 %

Tenable Holdings's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	45.996	/	( ( (1747.667 - 812.949)	+	(1620.321 - 762.446) )	/ 2 )
	=	45.996	/	( ( 934.718	+	857.875 )	/ 2 )
	=	45.996	/	896.2965
	=	5.13 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 5.13% mean?

Tenable Holdings (TENB) has a ROCE % of 5.13% as of Mar. 2026.

Is Tenable Holdings' ROCE % too high?

Tenable Holdings' current ROCE % is 5.13%. The Software industry median ROCE % is 5.28. Tenable Holdings' value of 5.13% is 2.8% below this industry median. 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' ROCE % compare to TDC and NTCT?

Tenable Holdings' ROCE % of 5.13% can be compared against companies in the Software industry. The industry median ROCE % is 5.28. Tenable Holdings' value of 5.13% is 2.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Software company?

The median ROCE % among Software companies is 5.28, based on 2,711 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tenable Holdings's current ROCE % of 5.13% is 2.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Software industry, the median ROCE % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenable Holdings's current ROCE % is 5.13%. 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 $48.77, compared to a current price of $27.92 — trading 42.8% below its estimated fair value. The current ROCE % is 5.13% and 2.8% below the Software industry median of 5.28. 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 ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Tenable Holdings (TENB), the current ROCE % is 5.13% as of Mar. 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 $27.92 is trading 42.8% below its estimated GF Value™ of $48.77. GuruFocus considers Tenable Holdings to be Possible Value Trap.

Key valuation signals for TENB:

ROCE %: 5.13%
GF Value™: $48.77 vs. price of $27.92 (42.8% below fair value)
GF Score™: 69/100 with 3 warning signs
Industry Position: 2.8% below the Software median

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.

Tenable Holdings Business Description

Industry Technology Software

Comparable Companies TDC NTCT PAY NN STNE EEFT DLO FOUR INFQ PAGS MSFT ORCL PLTR PANW CRWD FTNT SNPS HKSE:02513 NET CRWV

Other Exchanges TENB:Mexico 0ZC0:UK TE7:Germany

Address 6100 Merriweather Drive, 12th Floor, Columbia, MD, USA, 21044

Website https://www.tenable.com

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

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$27.92

Price

$48.77

GF Value

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