CNTN vs UTKN vs BLSH Stock Comparison

Canton Strategic Holdings, Universal Token and Bullish Prices as of Oct 27, 2026 Peers: Industry group
UTKN Universal Token
$1.70 -1.2% 1M -58.5% 1Y
Market cap
$172.65M
P/E
–
Revenue (TTM)
-$1.45K
Div. yield
–
Blockchain Infrastructure Technology
BLSH Bullish
$28.97 -22.9% 1M -48.6% 1Y
Market cap
$3.57B
P/E
–
Revenue (TTM)
$190.34B
Div. yield
–
Blockchain Infrastructure Technology
3 wins

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.

QuestionCNTNUTKNBLSHLeader
Larger companyMarket capitalisation $434.81M $172.65M $3.57B BLSH
Cheaper on earningsLower P/E, profitable companies only -4.4x -616.6x -2.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 69.0x –
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 -38.2% -58.5% -48.6% CNTN
Better 5-year returnAnnualised price return, 5 years — — — –
Less volatileAnnualised volatility, 1 year 93.4% 184.2% 73.1% BLSH
Higher overall scoreMean of the five percentile scores vs peers 38/100 50/100 63/100 BLSH

Percentile Scorecard

CNTNUTKNBLSH

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

AxisCNTNUTKNBLSH
Valuation 37 #63 of 99 39 #61 of 99 76 #25 of 99
Growth 8 #87 of 94 57 #41 of 94 33 #63 of 94
Profitability 39 #55 of 90 35 #59 of 90 47 #48 of 90
Financial Health 97 #4 of 105 69 #33 of 105 95 #6 of 105
Shareholder Returns 12 #54 of 61 – –
Overall 38 50 63
  • CNTN ranked among 109 companies in Fintech
  • UTKN ranked among 109 companies in Fintech
  • BLSH ranked among 109 companies in Fintech

Price Performance

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

Returns

PeriodCNTNUTKNBLSHSPY
1 month -25.7%-1.2%-22.9% -0.2%
3 months -6.4%+26.9%+27.8% +3.9%
6 months -42.1%+9.7%-27.2% +8.2%
Year to date -37.0%-38.8%-23.5% +12.9%
1 year -38.2%-58.5%-48.6% +12.3%
3 years -97.1%—— +87.4%
3 years, per year -69.3%—— +23.3%

Risk

MeasureCNTNUTKNBLSHSPY
Volatility, 1Y 93.4%184.2%73.1% 12.7%
Downside volatility, 1Y 98.8%410.1%70.7% 12.7%
Beta vs S&P 500, 1Y 1.910.622.73 1.00
Return / volatility, 1Y -0.41-0.32-0.66 0.97
Max drawdown, 5Y -99.9%-77.2%-70.8% -25.4%
From 52-week high -65.1%-58.5%-48.6% -1.2%
52-week high $5.48$4.10$56.31 $779.14
52-week low $1.69$1.02$21.79 $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.

MultipleCNTNUTKNBLSH
P/E now vs peer median -4.2xmedian 20.0x -616.6xmedian 20.0x -2.7xmedian 20.0x
P/S now vs peer median 276.9xmedian 2.3x -119,401xmedian 2.3x 0.0xmedian 2.3x
EV/EBITDA now vs peer median —median 17.5x —median 17.5x -34.3xmedian 17.5x
P/FCF now vs peer median -18.7xmedian 15.9x -621.4xmedian 15.9x 38.4xmedian 15.9x
P/B now vs peer median 0.9xmedian 2.0x 156.5xmedian 2.0x 1.8xmedian 2.0x
PEG now vs peer median -0.48median 1.03 —median 1.03 —median 1.03

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 monthsCNTNUTKNBLSH
Revenue – -$1.45K $190.34B
Gross profit – – $71.94M
Operating income -$53.77M -$279.60K -$124.59M
Net income -$98.12M -$280.01K -$1.43B
Free cash flow -$22.17M -$277.85K $113.88M
EPS (diluted) $-0.45 $0.00 $-10.84
Cash & equivalents $37.24M $223.00 $86.61M
Total debt – – $11.00K
Shares (diluted) 216.86M 101.56M 127.72M
Enterprise value $336.42M $172.63M -$1.25B

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
MetricCNTNUTKNBLSH
P/E -4.2x -616.6x -2.7x
P/FCF -18.7x -621.4x 38.4x
P/Operating cash flow -18.7x -621.4x 35.5x
P/S 276.9x -119,401x 0.0x
P/B 0.9x 156.5x 1.8x
P/Tangible book -6.1x 157.1x 1.8x
EV/EBITDA – – -34.3x
EV/EBIT -7.0x -617.7x -32.6x
EV/Revenue – -119,431x 0.0x
EV/FCF -17.0x -621.5x 35.6x
EV/Operating cash flow -17.0x -621.5x 33.0x
PEG (3Y EPS CAGR) -0.48 – –

Growth

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

Profitability

14 metrics
MetricCNTNUTKNBLSH
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 – 19,215% 0.1%
Return on equity -17.8% -25.2% -55.4%
Return on assets -14.3% -24.3% -44.5%
Return on invested capital – – -4.8%
Return on capital employed -9.4% -24.4% -4.0%
Asset turnover – 0.0x 59.3x
Cash conversion (OCF / net income) 0.2x 1.0x -0.1x
Stock comp / revenue – – 0.0%

Financial Health

11 metrics
MetricCNTNUTKNBLSH
Debt / assets – 3.8% 0.0%
Debt / equity – 0.0x 0.0x
Net debt / EBITDA – – 2.6x
Debt / FCF – -0.2x 0.0x
Liabilities / assets 19.4% 4.5% 20.6%
Equity / assets 80.6% 95.5% 79.4%
Interest coverage – – -2.2x
Current ratio 15.7x 0.9x 23.5x
Quick ratio 14.2x 0.0x 2.5x
Cash ratio 14.2x 0.0x 2.5x
Altman Z-score – 2,003 65.13

Shareholder Returns

7 metrics
MetricCNTNUTKNBLSH
Dividend yield – – –
Net buyback yield -24.7% – –
Shareholder yield -24.7% – –
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.

ConsensusCNTNUTKNBLSH
Forward P/E – – 69.0xFY2026
EPS, next fiscal year $-0.70FY2026 – $0.42FY2026
EPS growth, next FY – – +40.0%FY2026
EPS growth, the year after – – +95.2%
Revenue, next fiscal year $0.00FY2024 – $364.64MFY2026
Revenue growth, next FY – – +26.4%FY2026
Revenue growth, the year after – – +5.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCNTNUTKNBLSH
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.

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

Add a Peer

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Frequently Asked Questions

Which is bigger, CNTN, UTKN and BLSH?

Bullish (BLSH) is the largest by market capitalisation: Canton Strategic Holdings (CNTN) $434.81M, Universal Token (UTKN) $172.65M, Bullish (BLSH) $3.57B.

Which stock has performed better?

Over the past year Canton Strategic Holdings (CNTN) returned the most: Canton Strategic Holdings (CNTN) -38.2%, Universal Token (UTKN) -58.5%, Bullish (BLSH) -48.6%. 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) 93.4%, Universal Token (UTKN) 184.2%, Bullish (BLSH) 73.1%). Volatility measures how widely the price swings, not the risk of the business.

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

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.