COMPARE · Reviewed August 3, 2026
CHKP vs TENB
Verdict: Side-by-side breakdown using the Bull Rankings model. CHKP scored 76.8, TENB scored 64.7 — CHKP leads.
Compare another set
Different reporting periods. TENB's fundamentals are as of March 2026, but CHKP's are as of December 2025 — a 3-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
CHKP
Check Point Software Technologies Ltd.
76.8
$122.97 · $12.6B
fundamentals as of
Score gap
12.1
CHKP leads
TENB
Tenable Holdings, Inc.
64.7
$34.97 · $3.9B
fundamentals as of
The model, pillar by pillar (0–100 each)
CHKP
stronger →← stronger
TENB
89
Qualityreturns · margins · balance sheet
50
68
Growthrevenue & earnings expansion
81
75
Valuevaluation vs sector peers
67
CHKP is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
CHKP
TENB
$1.2bC+
FCF
$259mC
+6.3%C+
Rev
+10.7%B
0.72C+
D/E
2.11D
12.6xA
P/E
—
1.22B
PEG
0.99B+
—
P/S
3.8xB
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
CHKP
TENB
35% below
Price vs fair valuelower is cheaper
18% below
~-5%/yr
Growth the price implies10-yr FCF · lower = less priced in
~2%/yr
+45%
1-yr DCF upside
+11%
+55%
5-yr DCF upside
+22%
+71%
10-yr DCF upside
+39%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
CHKP
Why this score
- Buying back stock
- Durable high returns
TENB
Why this score
- Buying back stock
The companies
CHKPCheck Point Software Technologies Ltd.
Why now
Software - Infrastructure · market cap $12.6b. Down 42% from 52-week high of $210.66 — deep drawdown territory. 31 sell-side analysts rate this a Buy with a mean 1-yr target of $146.65 (implying +19% upside).
Moat
Net margin 39% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 37% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 111% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Down 42% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Software — competitive moat is durable until it isn't; watch net revenue retention, gross margin trends, and any new market entrant with a fundamentally lower price point.
TENBTenable Holdings, Inc.
Why now
Software - Infrastructure · market cap $3.9b. 20% off the 52-week high of $43.67. Revenue growing +11%, comfortably above the S&P median. PEG 0.99 — paying under fair value for the growth rate. 20 sell-side analysts rate this a Buy with a mean 1-yr target of $35.35 (implying +1% upside).
Moat
Software economics — recurring revenue, embedded customer workflows, and high gross margin all compound the moat once a base account is won. Switching costs are the lever.
Risk
D/E 2.11 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Currently unprofitable (margin -1.2%) — path to GAAP profitability is the core thesis risk. ROE -5% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.