CNTN vs BLSH vs UTKN Stock Comparison

Canton Strategic Holdings, Bullish and Universal Token Prices as of Oct 23, 2026 Peers: Industry group
BLSH Bullish
$28.20 -29.7% 1M -47.7% 1Y
Market cap
$3.53B
P/E
–
Revenue (TTM)
$190.34B
Div. yield
–
Blockchain Infrastructure Technology
3 wins
UTKN Universal Token
$1.51 -11.2% 1M -62.4% 1Y
Market cap
$153.36M
P/E
–
Revenue (TTM)
-$1.45K
Div. yield
–
Blockchain Infrastructure Technology

Head to Head

4 decided of 12

Bullish leads on 3 of the 12 questions below (Bullish 3, Canton Strategic Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCNTNBLSHUTKNLeader
Larger companyMarket capitalisation $395.78M $3.53B $153.36M BLSH
Cheaper on earningsLower P/E, profitable companies only -4.0x -2.5x -547.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 65.6x — –
Faster revenue growthRevenue growth, trailing twelve months — -26.5% — –
More profitableNet margin, trailing twelve months — -0.7% — –
Better return on capitalReturn on invested capital — -4.8% — –
Less leveragedLower net debt / EBITDA — 2.6x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% — –
Better 1-year returnPrice return, last 12 months -35.9% -47.7% -62.4% CNTN
Better 5-year returnAnnualised price return, 5 years — — — –
Less volatileAnnualised volatility, 1 year 93.5% 73.0% 183.8% BLSH
Higher overall scoreMean of the five percentile scores vs peers 38/100 63/100 50/100 BLSH

Percentile Scorecard

CNTNBLSHUTKN

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

AxisCNTNBLSHUTKN
Valuation 36 #63 of 98 76 #24 of 98 39 #60 of 98
Growth 8 #87 of 94 33 #63 of 94 57 #41 of 94
Profitability 39 #55 of 90 48 #47 of 90 35 #59 of 90
Financial Health 96 #5 of 105 94 #7 of 105 68 #34 of 105
Shareholder Returns 12 #55 of 62 – –
Overall 38 63 50
  • CNTN ranked among 109 companies in Fintech
  • BLSH ranked among 109 companies in Fintech
  • UTKN ranked among 109 companies in Fintech

Price Performance

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

Returns

PeriodCNTNBLSHUTKNSPY
1 month -17.0%-29.7%-11.2% -1.0%
3 months -4.1%+17.6%+11.0% +2.9%
6 months -45.5%-29.4%+1.3% +6.4%
Year to date -38.6%-25.5%-45.7% +11.4%
1 year -35.9%-47.7%-62.4% +13.1%
3 years -98.1%—— +79.4%
3 years, per year -73.1%—— +21.5%

Risk

MeasureCNTNBLSHUTKNSPY
Volatility, 1Y 93.5%73.0%183.8% 12.7%
Downside volatility, 1Y 99.2%70.9%410.1% 12.7%
Beta vs S&P 500, 1Y 1.922.740.59 1.00
Return / volatility, 1Y -0.38-0.65-0.34 1.03
Max drawdown, 5Y -99.9%-70.8%-77.2% -25.4%
From 52-week high -66.1%-49.9%-63.2% -2.5%
52-week high $5.48$56.31$4.10 $779.14
52-week low $1.69$21.79$1.02 $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.

MultipleCNTNBLSHUTKN
P/E now vs peer median -4.1xmedian 21.5x -2.6xmedian 21.5x -547.7xmedian 21.5x
P/S now vs peer median 269.7xmedian 2.2x 0.0xmedian 2.2x -106,056xmedian 2.2x
EV/EBITDA now vs peer median —median 15.7x -33.3xmedian 15.7x —median 15.7x
P/FCF now vs peer median -18.2xmedian 16.4x 37.4xmedian 16.4x -551.9xmedian 16.4x
P/B now vs peer median 0.9xmedian 1.9x 1.7xmedian 1.9x 139.0xmedian 1.9x
PEG now vs peer median -0.47median 1.06 —median 1.06 —median 1.06

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 monthsCNTNBLSHUTKN
Revenue – $190.34B -$1.45K
Gross profit – $71.94M –
Operating income -$53.77M -$124.59M -$279.60K
Net income -$98.12M -$1.43B -$280.01K
Free cash flow -$22.17M $113.88M -$277.85K
EPS (diluted) $-0.45 $-10.84 $0.00
Cash & equivalents $37.24M $86.61M $223.00
Total debt – $11.00K –
Shares (diluted) 216.86M 127.72M 101.56M
Enterprise value $297.39M -$1.29B $153.33M

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
MetricCNTNBLSHUTKN
P/E -4.1x -2.6x -547.7x
P/FCF -18.2x 37.4x -551.9x
P/Operating cash flow -18.2x 34.6x -551.9x
P/S 269.7x 0.0x -106,056x
P/B 0.9x 1.7x 139.0x
P/Tangible book -5.9x 1.8x 139.6x
EV/EBITDA – -33.3x –
EV/EBIT -6.8x -31.6x -548.6x
EV/Revenue – 0.0x -106,086x
EV/FCF -16.5x 34.6x -552.1x
EV/Operating cash flow -16.5x 32.0x -552.1x
PEG (3Y EPS CAGR) -0.47 – –

Growth

14 metrics
MetricCNTNBLSHUTKN
Revenue growth (1Y) – -26.5% –
Revenue CAGR (3Y) – – –
Gross profit growth (1Y) – -17.9% –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -360.0% -57.2% -17.7%
Operating income CAGR (3Y) -81.6% – –
Net income growth (1Y) -716.7% -858.6% -12.9%
Net income CAGR (3Y) -122.4% – –
EPS growth (1Y) 89.2% -755.9% -12.4%
EPS CAGR (3Y) 8.8% – –
Operating cash flow growth (1Y) -127.9% 190.7% -3.9%
Operating cash flow CAGR (3Y) -44.0% – –
Free cash flow growth (1Y) -127.9% 171.4% -3.9%
Free cash flow CAGR (3Y) -44.0% – –

Profitability

14 metrics
MetricCNTNBLSHUTKN
Gross margin – 0.0% –
EBITDA margin – -0.1% –
Operating margin – -0.1% –
Pretax margin – -0.8% –
Net margin – -0.7% –
FCF margin – 0.1% –
Operating cash flow margin – 0.1% 19,215%
Return on equity -17.8% -55.4% -25.2%
Return on assets -14.3% -44.5% -24.3%
Return on invested capital – -4.8% –
Return on capital employed -9.4% -4.0% -24.4%
Asset turnover – 59.3x 0.0x
Cash conversion (OCF / net income) 0.2x -0.1x 1.0x
Stock comp / revenue – 0.0% –

Financial Health

11 metrics
MetricCNTNBLSHUTKN
Debt / assets – 0.0% 3.8%
Debt / equity – 0.0x 0.0x
Net debt / EBITDA – 2.6x –
Debt / FCF – 0.0x -0.2x
Liabilities / assets 19.4% 20.6% 4.5%
Equity / assets 80.6% 79.4% 95.5%
Interest coverage – -2.2x –
Current ratio 15.7x 23.5x 0.9x
Quick ratio 14.2x 2.5x 0.0x
Cash ratio 14.2x 2.5x 0.0x
Altman Z-score – 65.02 1,779

Shareholder Returns

7 metrics
MetricCNTNBLSHUTKN
Dividend yield – – –
Net buyback yield -25.4% – –
Shareholder yield -25.4% – –
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.

ConsensusCNTNBLSHUTKN
Forward P/E – 65.6xFY2026 –
EPS, next fiscal year $-0.70FY2026 $0.43FY2026 –
EPS growth, next FY – +43.3%FY2026 –
EPS growth, the year after – +90.7% –
Revenue, next fiscal year $0.00FY2024 $365.82MFY2026 –
Revenue growth, next FY – +26.8%FY2026 –
Revenue growth, the year after – +5.2% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCNTNBLSHUTKN
Held by institutions 9.3% 32.8% –
Institutions holding 68 175 –
Change in shares held, QoQ +70.5% +7.8% –
Institutions buying 60 87 –
Institutions selling 5 70 –
Buyers to sellers 12.00 1.24 –

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.

CNTNBLSHUTKN
CNTN 1.00 0.28 -0.06
BLSH 0.28 1.00 0.02
UTKN -0.06 0.02 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CNTN, BLSH and UTKN?

Bullish (BLSH) is the largest by market capitalisation: Canton Strategic Holdings (CNTN) $395.78M, Bullish (BLSH) $3.53B, Universal Token (UTKN) $153.36M.

Which stock has performed better?

Over the past year Canton Strategic Holdings (CNTN) returned the most: Canton Strategic Holdings (CNTN) -35.9%, Bullish (BLSH) -47.7%, Universal Token (UTKN) -62.4%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Bullish (BLSH) has been the steadiest (Canton Strategic Holdings (CNTN) 93.5%, Bullish (BLSH) 73.0%, Universal Token (UTKN) 183.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CNTN, BLSH and UTKN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bullish (BLSH) leads on 3. 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.