BLSH vs TPB vs WEWA Stock Comparison

Bullish, Turning Point Brands and Wewards Prices as of Oct 26, 2026 Peers: Industry group
BLSH Bullish
$27.63 -26.5% 1M -49.0% 1Y
Market cap
$3.71B
P/E
–
Revenue (TTM)
$190.34B
Div. yield
–
Blockchain Infrastructure Technology
2 wins
WEWA Wewards, Inc.
$2.00 0.0% 1M -5.2% 1Y
Market cap
$214.97M
P/E
–
Revenue (TTM)
—
Div. yield
–
Blockchain Infrastructure Technology
3 wins

Head to Head

9 decided of 12

Turning Point Brands leads on 4 of the 12 questions below (Turning Point Brands 4, Wewards 3, Bullish 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBLSHTPBWEWALeader
Larger companyMarket capitalisation $3.71B $1.34B $214.97M BLSH
Cheaper on earningsLower P/E, profitable companies only -2.7x 30.1x -599.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 65.8x 55.8x — TPB
Faster revenue growthRevenue growth, trailing twelve months -26.5% +24.5% — TPB
More profitableNet margin, trailing twelve months -0.7% 8.8% — TPB
Better return on capitalReturn on invested capital -4.8% 9.1% — TPB
Less leveragedLower net debt / EBITDA 2.6x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% — –
Better 1-year returnPrice return, last 12 months -49.0% -28.4% -5.2% WEWA
Better 5-year returnAnnualised price return, 5 years — +11.6%/yr +131.8%/yr WEWA
Less volatileAnnualised volatility, 1 year 73.1% 56.5% 5.4% WEWA
Higher overall scoreMean of the five percentile scores vs peers 63/100 53/100 — BLSH

Percentile Scorecard

BLSHTPBWEWA

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

AxisBLSHTPBWEWA
Valuation 77 #24 of 99 32 #26 of 38 41 #59 of 99
Growth 33 #63 of 94 50 #18 of 35 84 #16 of 94
Profitability 48 #47 of 90 89 #5 of 36 –
Financial Health 95 #6 of 105 79 #9 of 39 –
Shareholder Returns – 17 #11 of 13 –
Overall 63 53 –
  • BLSH ranked among 109 companies in Fintech
  • TPB ranked among 40 companies in Tobacco and Cannabis
  • WEWA ranked among 109 companies in Fintech

Price Performance

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

Returns

PeriodBLSHTPBWEWASPY
1 month -26.5%+5.3%0.0% -0.8%
3 months +21.2%-17.0%0.0% +3.5%
6 months -29.0%-18.2%0.0% +7.0%
Year to date -27.0%-39.8%-5.2% +12.2%
1 year -49.0%-28.4%-5.2% +13.0%
3 years —+229.2%-1.0% +86.3%
3 years, per year —+48.8%-0.3% +23.1%
5 years —+72.8%+6,566.7% +68.6%
5 years, per year —+11.6%+131.8% +11.0%
10 years —+423.7%+9,900.0% +258.0%
10 years, per year —+18.0%+58.5% +13.6%

Risk

MeasureBLSHTPBWEWASPY
Volatility, 1Y 73.1%56.5%5.4% 12.7%
Downside volatility, 1Y 70.7%66.2%— 12.7%
Beta vs S&P 500, 1Y 2.720.610.01 1.00
Return / volatility, 1Y -0.67-0.50-0.97 1.02
Max drawdown, 5Y -70.8%-61.4%-9.1% -25.4%
From 52-week high -50.9%-54.3%-5.2% -1.8%
52-week high $56.31$142.98$2.11 $779.14
52-week low $21.79$55.23$2.00 $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.

MultipleBLSHTPBWEWA
P/E now vs peer median -2.5xmedian 20.6x 29.2xmedian 16.5x -599.4xmedian 20.6x
P/S now vs peer median 0.0xmedian 2.3x 2.6xmedian 0.9x —median 2.3x
EV/EBITDA now vs peer median -32.6xmedian 15.4x —median 12.3x —median 15.4x
P/FCF now vs peer median 36.6xmedian 16.4x 66.7xmedian 23.1x -5,608xmedian 16.4x
P/B now vs peer median 1.7xmedian 1.9x 2.9xmedian 1.0x 2,866,225xmedian 1.9x
PEG now vs peer median —median 1.05 0.56median 0.56 -27.22median 1.05

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 monthsBLSHTPBWEWA
Revenue $190.34B $507.23M –
Gross profit $71.94M $300.08M –
Operating income -$124.59M $75.01M -$66.83K
Net income -$1.43B $59.64M -$358.65K
Free cash flow $113.88M $19.63M -$38.34K
EPS (diluted) $-10.84 $2.21 $0.00
Cash & equivalents $86.61M $270.20M –
Total debt $11.00K $1.18B –
Shares (diluted) 127.72M 20.16M 107.48M
Enterprise value -$1.11B $449.49M $214.97M

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
MetricBLSHTPBWEWA
P/E -2.5x 29.2x -599.4x
P/FCF 36.6x 66.7x -5,608x
P/Operating cash flow 33.9x 40.6x -5,608x
P/S 0.0x 2.6x –
P/B 1.7x 2.9x 2,866,225x
P/Tangible book 1.7x 3.4x 2,866,225x
EV/EBITDA -32.6x – –
EV/EBIT -30.9x 17.8x -3,217x
EV/Revenue 0.0x 2.6x –
EV/FCF 33.8x 67.9x -5,608x
EV/Operating cash flow 31.3x 41.4x -5,608x
PEG (3Y EPS CAGR) – 0.56 -27.22

Growth

14 metrics
MetricBLSHTPBWEWA
Revenue growth (1Y) -26.5% 24.5% –
Revenue CAGR (3Y) – 11.1% –
Gross profit growth (1Y) -17.9% 31.0% –
Gross profit CAGR (3Y) – 16.3% –
Operating income growth (1Y) -57.2% -15.0% 24.0%
Operating income CAGR (3Y) – 0.3% 35.2%
Net income growth (1Y) -858.6% 23.8% 39.7%
Net income CAGR (3Y) – 69.6% 22.0%
EPS growth (1Y) -755.9% -7.6% 39.7%
EPS CAGR (3Y) – 52.4% 22.0%
Operating cash flow growth (1Y) 190.7% -46.5% 45.2%
Operating cash flow CAGR (3Y) – -14.0% 46.2%
Free cash flow growth (1Y) 171.4% -62.4% 45.2%
Free cash flow CAGR (3Y) – -24.4% 46.2%

Profitability

14 metrics
MetricBLSHTPBWEWA
Gross margin 0.0% 59.2% –
EBITDA margin -0.1% – –
Operating margin -0.1% 14.8% –
Pretax margin -0.8% 13.6% –
Net margin -0.7% 8.8% –
FCF margin 0.1% 3.9% –
Operating cash flow margin 0.1% 6.4% –
Return on equity -55.4% 14.2% –
Return on assets -44.5% 7.3% -191,282%
Return on invested capital -4.8% 9.1% –
Return on capital employed -4.0% 10.3% –
Asset turnover 59.3x 0.6x –
Cash conversion (OCF / net income) -0.1x 0.5x 0.1x
Stock comp / revenue 0.0% 1.8% –

Financial Health

11 metrics
MetricBLSHTPBWEWA
Debt / assets 0.0% 34.4% –
Debt / equity 0.0x 0.6x –
Net debt / EBITDA 2.6x – –
Debt / FCF 0.0x 15.0x –
Liabilities / assets 20.6% 46.9% –
Equity / assets 79.4% 53.1% 100.0%
Interest coverage -2.2x 2.7x -0.2x
Current ratio 23.5x 5.7x –
Quick ratio 2.5x 3.5x –
Cash ratio 2.5x 3.1x –
Altman Z-score 64.94 3.77 –

Shareholder Returns

7 metrics
MetricBLSHTPBWEWA
Dividend yield – 0.5% –
Net buyback yield – -12.2% –
Shareholder yield – -11.7% –
Payout ratio (earnings) – 10.2% –
Payout ratio (FCF) – 30.9% –
Dividend growth (1Y) – 15.9% –
Dividend CAGR (3Y) – 11.9% –

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.

ConsensusBLSHTPBWEWA
Forward P/E 65.8xFY2026 55.8xFY2026 –
EPS, next fiscal year $0.42FY2026 $1.17FY2026 –
EPS growth, next FY +40.0%FY2026 -62.4%FY2026 –
EPS growth, the year after +95.2% +59.0% –
Revenue, next fiscal year $364.64MFY2026 $597.82MFY2026 –
Revenue growth, next FY +26.4%FY2026 +29.1%FY2026 –
Revenue growth, the year after +5.7% +4.7% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBLSHTPBWEWA
Held by institutions 32.8% 99.9% –
Institutions holding 175 231 –
Change in shares held, QoQ +7.8% +8.1% –
Institutions buying 87 138 –
Institutions selling 70 66 –
Buyers to sellers 1.24 2.09 –

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.

BLSHTPBWEWA
BLSH 1.00 -0.05 0.07
TPB -0.05 1.00 0.01
WEWA 0.07 0.01 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, BLSH, TPB and WEWA?

Bullish (BLSH) is the largest by market capitalisation: Bullish (BLSH) $3.71B, Turning Point Brands (TPB) $1.34B, Wewards (WEWA) $214.97M.

Which company is growing faster?

Turning Point Brands (TPB) grew revenue fastest over the trailing twelve months: Bullish (BLSH) -26.5%, Turning Point Brands (TPB) +24.5%.

Which company is more profitable?

Turning Point Brands (TPB) has the highest net margin (Bullish (BLSH) -0.7%, Turning Point Brands (TPB) 8.8%). On return on invested capital, Turning Point Brands (TPB) leads (Bullish (BLSH) -4.8%, Turning Point Brands (TPB) 9.1%).

Which stock has performed better?

Over the past year Wewards (WEWA) returned the most: Bullish (BLSH) -49.0%, Turning Point Brands (TPB) -28.4%, Wewards (WEWA) -5.2%. Over five years, Wewards (WEWA) compounded fastest (Turning Point Brands (TPB) +11.6%/yr, Wewards (WEWA) +131.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Bullish (BLSH) 0.00%, Turning Point Brands (TPB) 0.00%. Bullish (BLSH) and Wewards (WEWA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Wewards (WEWA) has been the steadiest (Bullish (BLSH) 73.1%, Turning Point Brands (TPB) 56.5%, Wewards (WEWA) 5.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BLSH, TPB and WEWA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Turning Point Brands (TPB) leads on 4. 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.