Software - Infrastructure
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BB vs TENB
Revenue, margins, valuation, and 5-year total return — side by side.
Software - Infrastructure
BB vs TENB — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Software - Infrastructure | Software - Infrastructure |
| Market Cap | $3.60B | $2.47B |
| Revenue (TTM) | $537M | $1.02B |
| Net Income (TTM) | $22M | $-12M |
| Gross Margin | 75.0% | 78.2% |
| Operating Margin | 3.6% | 2.9% |
| Forward P/E | 43.1x | 11.1x |
| Total Debt | $239M | $466M |
| Cash & Equiv. | $267M | $188M |
BB vs TENB — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| BlackBerry Limited (BB) | 100 | 131.5 | +31.5% |
| Tenable Holdings, I… (TENB) | 100 | 68.9 | -31.1% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BB vs TENB
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BB has the current edge in this matchup, primarily because of its strength in long-term compounding and sleep-well-at-night.
- -7.3% 10Y total return vs TENB's -28.8%
- Lower volatility, beta 1.37, Low D/E 33.4%, current ratio 1.72x
- 4.1% margin vs TENB's -1.2%
TENB is the clearest fit if your priority is income & stability and growth exposure.
- beta 1.12
- Rev growth 11.0%, EPS growth 3.2%, 3Y rev CAGR 13.5%
- Beta 1.12, current ratio 0.95x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 11.0% revenue growth vs BB's -29.5% | |
| Value | Lower P/E (11.1x vs 43.1x) | |
| Quality / Margins | 4.1% margin vs TENB's -1.2% | |
| Stability / Safety | Beta 1.12 vs BB's 1.37 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +65.8% vs TENB's -31.2% | |
| Efficiency (ROA) | 1.9% ROA vs TENB's -0.7%, ROIC 0.1% vs 0.2% |
BB vs TENB — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BB vs TENB — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
Evenly matched — BB and TENB each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
TENB is the larger business by revenue, generating $1.0B annually — 1.9x BB's $537M. BB is the more profitable business, keeping 4.1% of every revenue dollar as net income compared to TENB's -1.2%. On growth, TENB holds the edge at +9.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $537M | $1.0B |
| EBITDAEarnings before interest/tax | $38M | $72M |
| Net IncomeAfter-tax profit | $22M | -$12M |
| Free Cash FlowCash after capex | $39M | $263M |
| Gross MarginGross profit ÷ Revenue | +75.0% | +78.2% |
| Operating MarginEBIT ÷ Revenue | +3.6% | +2.9% |
| Net MarginNet income ÷ Revenue | +4.1% | -1.2% |
| FCF MarginFCF ÷ Revenue | +7.3% | +25.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | -0.8% | +9.6% |
| EPS Growth (YoY)Latest quarter vs prior year | +2.2% | +106.3% |
Valuation Metrics
TENB leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
On an enterprise value basis, TENB's 63.6x EV/EBITDA is more attractive than BB's 78.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $3.6B | $2.5B |
| Enterprise ValueMkt cap + debt − cash | $3.6B | $2.7B |
| Trailing P/EPrice ÷ TTM EPS | -46.92x | -71.80x |
| Forward P/EPrice ÷ next-FY EPS est. | 43.11x | 11.06x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 78.54x | 63.60x |
| Price / SalesMarket cap ÷ Revenue | 6.73x | 2.47x |
| Price / BookPrice ÷ Book value/share | 5.04x | 7.93x |
| Price / FCFMarket cap ÷ FCF | 562.72x | 9.69x |
Profitability & Efficiency
BB leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
BB delivers a 3.0% return on equity — every $100 of shareholder capital generates $3 in annual profit, vs $-4 for TENB. BB carries lower financial leverage with a 0.33x debt-to-equity ratio, signaling a more conservative balance sheet compared to TENB's 1.43x. On the Piotroski fundamental quality scale (0–9), BB scores 6/9 vs TENB's 5/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +3.0% | -3.7% |
| ROA (TTM)Return on assets | +1.9% | -0.7% |
| ROICReturn on invested capital | +0.1% | +0.2% |
| ROCEReturn on capital employed | +0.1% | +0.1% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 5 |
| Debt / EquityFinancial leverage | 0.33x | 1.43x |
| Net DebtTotal debt minus cash | -$28M | $278M |
| Cash & Equiv.Liquid assets | $267M | $188M |
| Total DebtShort + long-term debt | $239M | $466M |
| Interest CoverageEBIT ÷ Interest expense | 7.33x | 1.02x |
Total Returns (Dividends Reinvested)
BB leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BB five years ago would be worth $7,193 today (with dividends reinvested), compared to $5,806 for TENB. Over the past 12 months, BB leads with a +65.8% total return vs TENB's -31.2%. The 3-year compound annual growth rate (CAGR) favors BB at 7.0% vs TENB's -16.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +60.5% | -5.2% |
| 1-Year ReturnPast 12 months | +65.8% | -31.2% |
| 3-Year ReturnCumulative with dividends | +22.5% | -41.1% |
| 5-Year ReturnCumulative with dividends | -28.1% | -41.9% |
| 10-Year ReturnCumulative with dividends | -7.3% | -28.8% |
| CAGR (3Y)Annualised 3-year return | +7.0% | -16.2% |
Risk & Volatility
Evenly matched — BB and TENB each lead in 1 of 2 comparable metrics.
Risk & Volatility
TENB is the less volatile stock with a 1.12 beta — it tends to amplify market swings less than BB's 1.37 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BB currently trades 97.8% from its 52-week high vs TENB's 60.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.37x | 1.12x |
| 52-Week HighHighest price in past year | $6.24 | $35.69 |
| 52-Week LowLowest price in past year | $3.12 | $15.73 |
| % of 52W HighCurrent price vs 52-week peak | +97.8% | +60.4% |
| RSI (14)Momentum oscillator 0–100 | 78.8 | 60.1 |
| Avg Volume (50D)Average daily shares traded | 13.8M | 3.0M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates BB as "Hold" and TENB as "Buy". Consensus price targets imply 29.7% upside for TENB (target: $28) vs -27.9% for BB (target: $4).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $4.40 | $27.94 |
| # AnalystsCovering analysts | 14 | 28 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 1 | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +10.0% |
BB leads in 2 of 6 categories (Profitability & Efficiency, Total Returns). TENB leads in 1 (Valuation Metrics). 2 tied.
BB vs TENB: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is BB or TENB a better buy right now?
For growth investors, Tenable Holdings, Inc.
(TENB) is the stronger pick with 11. 0% revenue growth year-over-year, versus -29. 5% for BlackBerry Limited (BB). Analysts rate Tenable Holdings, Inc. (TENB) a "Buy" — based on 28 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — BB or TENB?
Over the past 5 years, BlackBerry Limited (BB) delivered a total return of -28.
1%, compared to -41. 9% for Tenable Holdings, Inc. (TENB). Over 10 years, the gap is even starker: BB returned -7. 3% versus TENB's -28. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — BB or TENB?
By beta (market sensitivity over 5 years), Tenable Holdings, Inc.
(TENB) is the lower-risk stock at 1. 12β versus BlackBerry Limited's 1. 37β — meaning BB is approximately 22% more volatile than TENB relative to the S&P 500. On balance sheet safety, BlackBerry Limited (BB) carries a lower debt/equity ratio of 33% versus 143% for Tenable Holdings, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — BB or TENB?
By revenue growth (latest reported year), Tenable Holdings, Inc.
(TENB) is pulling ahead at 11. 0% versus -29. 5% for BlackBerry Limited (BB). On earnings-per-share growth, the picture is similar: BlackBerry Limited grew EPS 40. 9% year-over-year, compared to 3. 2% for Tenable Holdings, Inc.. Over a 3-year CAGR, TENB leads at 13. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — BB or TENB?
Tenable Holdings, Inc.
(TENB) is the more profitable company, earning -3. 6% net margin versus -14. 8% for BlackBerry Limited — meaning it keeps -3. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BB leads at 0. 1% versus 0. 1% for TENB. At the gross margin level — before operating expenses — TENB leads at 78. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is BB or TENB more undervalued right now?
On forward earnings alone, Tenable Holdings, Inc.
(TENB) trades at 11. 1x forward P/E versus 43. 1x for BlackBerry Limited — 32. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for TENB: 29. 7% to $27. 94.
07Which pays a better dividend — BB or TENB?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
08Is BB or TENB better for a retirement portfolio?
For long-horizon retirement investors, Tenable Holdings, Inc.
(TENB) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 12)). Both have compounded well over 10 years (TENB: -28. 8%, BB: -7. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between BB and TENB?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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