BLSH vs MSA vs SMWB Stock Comparison

Bullish, MSA Safety and Similarweb Prices as of Oct 27, 2026 Peers: Industry group
BLSH Bullish
$28.97 -22.9% 1M -48.6% 1Y
Market cap
$3.66B
P/E
–
Revenue (TTM)
$190.34B
Div. yield
–
Blockchain Infrastructure Technology
MSA MSA Safety Inc
$179.23 -1.8% 1M +7.5% 1Y
Market cap
$6.84B
P/E
21.8x
Revenue (TTM)
$1.95B
Div. yield
–
Power Tools Industrials
9 wins
SMWB Similarweb Ltd.
$9.01 +18.1% 1M -0.7% 1Y
Market cap
$765.90M
P/E
–
Revenue (TTM)
$295.61M
Div. yield
–
Analytics and BI Technology
1 win

Head to Head

10 decided of 12

MSA Safety leads on 9 of the 12 questions below (MSA Safety 9, Similarweb 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBLSHMSASMWBLeader
Larger companyMarket capitalisation $3.66B $6.84B $765.90M MSA
Cheaper on earningsLower P/E, profitable companies only -2.6x 21.8x -35.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 69.0x 19.2x 41.0x MSA
Faster revenue growthRevenue growth, trailing twelve months -26.5% +6.5% +10.2% SMWB
More profitableNet margin, trailing twelve months -0.7% 16.1% -7.4% MSA
Better return on capitalReturn on invested capital -4.8% 15.9% — MSA
Less leveragedLower net debt / EBITDA 2.6x 0.8x — MSA
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -48.6% +7.5% -0.7% MSA
Better 5-year returnAnnualised price return, 5 years — +3.2%/yr -14.2%/yr MSA
Less volatileAnnualised volatility, 1 year 73.1% 25.5% 81.1% MSA
Higher overall scoreMean of the five percentile scores vs peers 63/100 78/100 36/100 MSA

Percentile Scorecard

BLSHMSASMWB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBLSHMSASMWB
Valuation 76 #25 of 99 58 #86 of 203 30 #71 of 101
Growth 33 #63 of 94 86 #27 of 188 63 #37 of 97
Profitability 47 #48 of 90 97 #6 of 183 42 #55 of 94
Financial Health 95 #6 of 105 76 #54 of 217 22 #84 of 108
Shareholder Returns – 74 #40 of 153 22 #50 of 64
Overall 63 78 36
  • BLSH ranked among 109 companies in Fintech
  • MSA ranked among 222 companies in Machinery
  • SMWB ranked among 114 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBLSHMSASMWBSPY
1 month -22.9%-1.8%+18.1% -0.2%
3 months +27.8%-0.3%+25.5% +3.9%
6 months -27.2%+7.2%+233.7% +8.2%
Year to date -23.5%+11.9%+20.3% +12.9%
1 year -48.6%+7.5%-0.7% +12.3%
3 years —+13.7%+77.0% +87.4%
3 years, per year —+4.4%+21.0% +23.3%
5 years —+16.9%-53.6% +67.9%
5 years, per year —+3.2%-14.2% +10.9%
10 years —+224.9%— +261.1%
10 years, per year —+12.5%— +13.7%

Risk

MeasureBLSHMSASMWBSPY
Volatility, 1Y 73.1%25.5%81.1% 12.7%
Downside volatility, 1Y 70.7%24.1%89.3% 12.7%
Beta vs S&P 500, 1Y 2.730.811.79 1.00
Return / volatility, 1Y -0.660.29-0.01 0.97
Max drawdown, 5Y -70.8%-34.9%-88.4% -25.4%
From 52-week high -48.6%-11.7%-2.8% -1.2%
52-week high $56.31$203.08$9.27 $779.14
52-week low $21.79$152.94$2.33 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBLSHMSASMWB
P/E now vs peer median -2.7xmedian 20.0x 22.0xmedian 25.2x -35.1xmedian 28.3x
P/S now vs peer median 0.0xmedian 2.3x 3.6xmedian 1.9x 2.7xmedian 2.8x
EV/EBITDA now vs peer median -34.3xmedian 17.5x 15.0xmedian 14.0x -308.7xmedian 17.3x
P/FCF now vs peer median 38.4xmedian 15.9x 19.5xmedian 21.7x 50.7xmedian 15.8x
P/B now vs peer median 1.8xmedian 2.0x 4.9xmedian 2.3x 34.4xmedian 3.2x
PEG now vs peer median —median 1.03 0.12median 1.32 -1.16median 0.85

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBLSHMSASMWB
Revenue $190.34B $1.95B $295.61M
Gross profit $71.94M $925.88M $235.99M
Operating income -$124.59M $413.17M -$11.06M
Net income -$1.43B $314.01M -$21.78M
Free cash flow $113.88M $354.30M $15.44M
R&D – $68.19M $73.83M
EPS (diluted) $-10.84 $8.11 $-0.26
Cash & equivalents $86.61M $200.06M $73.90M
Total debt $11.00K $599.74M –
Shares (diluted) 127.72M 38.70M 84.82M
Enterprise value -$1.16B $6.12B $488.85M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBLSHMSASMWB
P/E -2.7x 22.0x -35.1x
P/FCF 38.4x 19.5x 50.7x
P/Operating cash flow 35.5x 17.0x 55.3x
P/S 0.0x 3.6x 2.7x
P/B 1.8x 4.9x 34.4x
P/Tangible book 1.8x 6.2x 34.4x
EV/EBITDA -34.3x 15.0x -308.7x
EV/EBIT -32.6x 17.7x -64.1x
EV/Revenue 0.0x 3.8x 2.4x
EV/FCF 35.6x 20.7x 46.0x
EV/Operating cash flow 33.0x 18.0x 50.1x
PEG (3Y EPS CAGR) – 0.12 -1.16

Growth

14 metrics
MetricBLSHMSASMWB
Revenue growth (1Y) -26.5% 6.5% 10.2%
Revenue CAGR (3Y) – 5.2% 12.5%
Gross profit growth (1Y) -17.9% 8.2% 12.1%
Gross profit CAGR (3Y) – 6.7% 14.6%
Operating income growth (1Y) -57.2% 10.8% 50.2%
Operating income CAGR (3Y) – 34.5% 42.5%
Net income growth (1Y) -858.6% 13.4% 25.1%
Net income CAGR (3Y) – 186.8% 27.5%
EPS growth (1Y) -755.9% 15.3% 28.7%
EPS CAGR (3Y) – 188.5% 30.2%
Operating cash flow growth (1Y) 190.7% 26.3% -30.9%
Operating cash flow CAGR (3Y) – 96.0% 33.8%
Free cash flow growth (1Y) 171.4% 40.3% -29.0%
Free cash flow CAGR (3Y) – 72.1% 33.7%

Profitability

14 metrics
MetricBLSHMSASMWB
Gross margin 0.0% 47.6% 79.8%
EBITDA margin -0.1% 25.1% -0.8%
Operating margin -0.1% 21.2% -3.7%
Pretax margin -0.8% 21.1% -5.9%
Net margin -0.7% 16.1% -7.4%
FCF margin 0.1% 18.2% 5.2%
Operating cash flow margin 0.1% 20.9% 4.8%
Return on equity -55.4% 22.8% -108.3%
Return on assets -44.5% 12.2% -8.8%
Return on invested capital -4.8% 15.9% –
Return on capital employed -4.0% 18.0% -19.5%
Asset turnover 59.3x 0.8x 1.1x
Cash conversion (OCF / net income) -0.1x 1.3x -0.7x
Stock comp / revenue 0.0% 1.0% 6.2%

Financial Health

11 metrics
MetricBLSHMSASMWB
Debt / assets 0.0% 23.1% –
Debt / equity 0.0x 0.4x –
Net debt / EBITDA 2.6x 0.8x –
Debt / FCF 0.0x 1.7x –
Liabilities / assets 20.6% 46.1% 91.9%
Equity / assets 79.4% 53.9% 8.1%
Interest coverage -2.2x 12.7x –
Current ratio 23.5x 3.2x 0.8x
Quick ratio 2.5x 1.9x 0.6x
Cash ratio 2.5x 0.7x 0.3x
Altman Z-score 65.13 5.92 0.49

Shareholder Returns

7 metrics
MetricBLSHMSASMWB
Dividend yield – 1.2% –
Net buyback yield – 1.8% -0.3%
Shareholder yield – 3.0% -0.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBLSHMSASMWB
Forward P/E 69.0xFY2026 19.2xFY2026 41.0xFY2026
EPS, next fiscal year $0.42FY2026 $9.33FY2026 $0.22FY2026
EPS growth, next FY +40.0%FY2026 +17.7%FY2026 +266.7%FY2026
EPS growth, the year after +95.2% +3.4% +36.4%
Revenue, next fiscal year $364.64MFY2026 $1.98BFY2026 $332.14MFY2026
Revenue growth, next FY +26.4%FY2026 +5.2%FY2026 +17.5%FY2026
Revenue growth, the year after +5.7% +19.6% +0.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBLSHMSASMWB
Held by institutions 32.8% 91.0% 45.9%
Institutions holding 175 457 68
Change in shares held, QoQ +7.8% +3.0% -7.8%
Institutions buying 87 236 36
Institutions selling 70 147 18
Buyers to sellers 1.24 1.61 2.00

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BLSHMSASMWB
BLSH 1.00 0.15 0.20
MSA 0.15 1.00 0.02
SMWB 0.20 0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BLSH, MSA and SMWB?

MSA Safety (MSA) is the largest by market capitalisation: Bullish (BLSH) $3.66B, MSA Safety (MSA) $6.84B, Similarweb (SMWB) $765.90M.

Which company is growing faster?

Similarweb (SMWB) grew revenue fastest over the trailing twelve months: Bullish (BLSH) -26.5%, MSA Safety (MSA) +6.5%, Similarweb (SMWB) +10.2%.

Which company is more profitable?

MSA Safety (MSA) has the highest net margin (Bullish (BLSH) -0.7%, MSA Safety (MSA) 16.1%, Similarweb (SMWB) -7.4%). On return on invested capital, MSA Safety (MSA) leads (Bullish (BLSH) -4.8%, MSA Safety (MSA) 15.9%).

Which stock has performed better?

Over the past year MSA Safety (MSA) returned the most: Bullish (BLSH) -48.6%, MSA Safety (MSA) +7.5%, Similarweb (SMWB) -0.7%. Over five years, MSA Safety (MSA) compounded fastest (MSA Safety (MSA) +3.2%/yr, Similarweb (SMWB) -14.2%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, MSA Safety (MSA) has been the steadiest (Bullish (BLSH) 73.1%, MSA Safety (MSA) 25.5%, Similarweb (SMWB) 81.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BLSH, MSA and SMWB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, MSA Safety (MSA) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.