GNLN vs BLSH vs CNCK Stock Comparison

Greenlane Holdings, Bullish and Coincheck Prices as of Oct 27, 2026 Peers: Industry group
BLSH Bullish
$28.97 -22.9% 1M -48.6% 1Y
Market cap
$4.37B
P/E
–
Revenue (TTM)
$190.34B
Div. yield
–
Blockchain Infrastructure Technology
6 wins
CNCK Coincheck Group N.V.
$1.31 -17.6% 1M -69.0% 1Y
Market cap
$213.51M
P/E
–
Revenue (TTM)
$3.31B
Div. yield
–
Blockchain Infrastructure Technology
3 wins

Head to Head

9 decided of 12

Bullish leads on 6 of the 12 questions below (Bullish 6, Coincheck 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionGNLNBLSHCNCKLeader
Larger companyMarket capitalisation $7.58M $4.37B $213.51M BLSH
Cheaper on earningsLower P/E, profitable companies only -0.1x -2.7x -17.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 69.0x — –
Faster revenue growthRevenue growth, trailing twelve months -67.0% -26.5% +26.6% CNCK
More profitableNet margin, trailing twelve months -4,632.1% -0.7% -0.3% CNCK
Better return on capitalReturn on invested capital — -4.8% -6.4% BLSH
Less leveragedLower net debt / EBITDA — 2.6x 15.3x BLSH
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months -93.0% -48.6% -69.0% BLSH
Better 5-year returnAnnualised price return, 5 years -96.2%/yr — -33.1%/yr CNCK
Less volatileAnnualised volatility, 1 year 138.7% 73.1% 140.7% BLSH
Higher overall scoreMean of the five percentile scores vs peers 22/100 63/100 55/100 BLSH

Percentile Scorecard

GNLNBLSHCNCK

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

AxisGNLNBLSHCNCK
Valuation 9 #90 of 99 76 #25 of 99 60 #40 of 99
Growth 20 #75 of 94 33 #63 of 94 60 #38 of 94
Profitability 3 #87 of 90 47 #48 of 90 52 #44 of 90
Financial Health 56 #47 of 105 95 #6 of 105 48 #55 of 105
Shareholder Returns – – –
Overall 22 63 55
  • GNLN ranked among 109 companies in Fintech
  • BLSH ranked among 109 companies in Fintech
  • CNCK ranked among 109 companies in Fintech

Price Performance

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

Returns

PeriodGNLNBLSHCNCKSPY
1 month -39.7%-22.9%-17.6% -0.2%
3 months +3.4%+27.8%-43.5% +3.9%
6 months -50.9%-27.2%-26.8% +8.2%
Year to date -85.3%-23.5%-48.0% +12.9%
1 year -93.0%-48.6%-69.0% +12.3%
3 years -100.0%—-87.2% +87.4%
3 years, per year -96.3%—-49.6% +23.3%
5 years -100.0%—-86.6% +67.9%
5 years, per year -96.2%—-33.1% +10.9%

Risk

MeasureGNLNBLSHCNCKSPY
Volatility, 1Y 138.7%73.1%140.7% 12.7%
Downside volatility, 1Y 141.7%70.7%116.2% 12.7%
Beta vs S&P 500, 1Y 2.422.731.75 1.00
Return / volatility, 1Y -0.67-0.66-0.49 0.97
Max drawdown, 5Y -100.0%-70.8%-91.0% -25.4%
From 52-week high -93.2%-48.6%-83.4% -1.2%
52-week high $27.08$56.31$7.88 $779.14
52-week low $1.68$21.79$1.25 $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.

MultipleGNLNBLSHCNCK
P/E now vs peer median -0.1xmedian 20.0x -2.7xmedian 20.0x -17.6xmedian 20.0x
P/S now vs peer median 2.9xmedian 2.3x 0.0xmedian 2.3x 0.1xmedian 2.3x
EV/EBITDA now vs peer median 0.0xmedian 17.5x -34.3xmedian 17.5x -21.0xmedian 17.5x
P/FCF now vs peer median -0.5xmedian 15.9x 38.4xmedian 15.9x -12.7xmedian 15.9x
P/B now vs peer median 0.3xmedian 2.0x 1.8xmedian 2.0x 1.1xmedian 2.0x
PEG now vs peer median 0.00median 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 monthsGNLNBLSHCNCK
Revenue $2.63M $190.34B $3.31B
Gross profit -$12.94M $71.94M -$1.25M
Operating income -$56.54M -$124.59M -$11.71M
Net income -$121.56M -$1.43B -$10.31M
Free cash flow -$15.54M $113.88M -$16.79M
EPS (diluted) $-29.71 $-10.84 $-0.07
Cash & equivalents $6.10M $86.61M $99.31M
Total debt – $11.00K $90.24M
Shares (diluted) 4.10M 127.72M 135.58M
Enterprise value -$46.16M -$405.72M -$83.05M

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
MetricGNLNBLSHCNCK
P/E -0.1x -2.7x -17.6x
P/FCF -0.5x 38.4x -12.7x
P/Operating cash flow -0.5x 35.5x -12.7x
P/S 2.9x 0.0x 0.1x
P/B 0.3x 1.8x 1.1x
P/Tangible book 0.8x 1.8x 1.1x
EV/EBITDA 0.0x -34.3x -21.0x
EV/EBIT 0.0x -32.6x -10.5x
EV/Revenue 0.6x 0.0x 0.0x
EV/FCF -0.1x 35.6x -7.4x
EV/Operating cash flow -0.1x 33.0x -7.3x
PEG (3Y EPS CAGR) 0.00 – –

Growth

14 metrics
MetricGNLNBLSHCNCK
Revenue growth (1Y) -67.0% -26.5% 26.6%
Revenue CAGR (3Y) -69.7% – –
Gross profit growth (1Y) -388.7% -17.9% -110.3%
Gross profit CAGR (3Y) -37.8% – –
Operating income growth (1Y) -410.8% -57.2% 28.4%
Operating income CAGR (3Y) 30.5% – –
Net income growth (1Y) -518.4% -858.6% 90.3%
Net income CAGR (3Y) 10.0% – –
EPS growth (1Y) 80.8% -755.9% 91.3%
EPS CAGR (3Y) 85.0% – –
Operating cash flow growth (1Y) -51.8% 190.7% -34.9%
Operating cash flow CAGR (3Y) -24.7% – –
Free cash flow growth (1Y) -49.7% 171.4% -21.5%
Free cash flow CAGR (3Y) -16.5% – –

Profitability

14 metrics
MetricGNLNBLSHCNCK
Gross margin -492.4% 0.0% 0.0%
EBITDA margin -2,135% -0.1% -0.2%
Operating margin -2,151% -0.1% -0.4%
Pretax margin -4,625% -0.8% -0.1%
Net margin -4,632% -0.7% -0.3%
FCF margin -591.1% 0.1% -0.5%
Operating cash flow margin -590.0% 0.1% -0.5%
Return on equity -321.8% -55.4% -6.2%
Return on assets -275.5% -44.5% -1.4%
Return on invested capital – -4.8% -6.4%
Return on capital employed -150.5% -4.0% -5.0%
Asset turnover 0.1x 59.3x 4.6x
Cash conversion (OCF / net income) 0.1x -0.1x 1.6x
Stock comp / revenue 41.6% 0.0% 0.3%

Financial Health

11 metrics
MetricGNLNBLSHCNCK
Debt / assets – 0.0% 1.7%
Debt / equity – 0.0x 0.1x
Net debt / EBITDA – 2.6x 15.3x
Debt / FCF – 0.0x -0.7x
Liabilities / assets 20.4% 20.6% 72.6%
Equity / assets 79.6% 79.4% 27.4%
Interest coverage -1,067x -2.2x -30.2x
Current ratio 2.4x 23.5x 1.2x
Quick ratio 0.9x 2.5x 0.2x
Cash ratio 0.9x 2.5x 0.2x
Altman Z-score -22.36 65.13 5.50

Shareholder Returns

7 metrics
MetricGNLNBLSHCNCK
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – – –
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.

ConsensusGNLNBLSHCNCK
Forward P/E – 69.0xFY2026 –
EPS, next fiscal year $-904,073.61FY2023 $0.42FY2026 $-0.16FY2026
EPS growth, next FY – +40.0%FY2026 –
EPS growth, the year after – +95.2% –
Revenue, next fiscal year $266.10MFY2026 $364.64MFY2026 $3.05BFY2026
Revenue growth, next FY +6,010.3%FY2026 +26.4%FY2026 +1.0%FY2026
Revenue growth, the year after – +5.7% +20.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersGNLNBLSHCNCK
Held by institutions – 32.8% 0.7%
Institutions holding – 175 17
Change in shares held, QoQ – +7.8% -23.1%
Institutions buying – 87 9
Institutions selling – 70 5
Buyers to sellers – 1.24 1.80

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.

GNLNBLSHCNCK
GNLN 1.00 0.18 0.01
BLSH 0.18 1.00 0.08
CNCK 0.01 0.08 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, GNLN, BLSH and CNCK?

Bullish (BLSH) is the largest by market capitalisation: Greenlane Holdings (GNLN) $7.58M, Bullish (BLSH) $4.37B, Coincheck (CNCK) $213.51M.

Which company is growing faster?

Coincheck (CNCK) grew revenue fastest over the trailing twelve months: Greenlane Holdings (GNLN) -67.0%, Bullish (BLSH) -26.5%, Coincheck (CNCK) +26.6%.

Which company is more profitable?

Coincheck (CNCK) has the highest net margin (Greenlane Holdings (GNLN) -4,632.1%, Bullish (BLSH) -0.7%, Coincheck (CNCK) -0.3%). On return on invested capital, Bullish (BLSH) leads (Bullish (BLSH) -4.8%, Coincheck (CNCK) -6.4%).

Which stock has performed better?

Over the past year Bullish (BLSH) returned the most: Greenlane Holdings (GNLN) -93.0%, Bullish (BLSH) -48.6%, Coincheck (CNCK) -69.0%. Over five years, Coincheck (CNCK) compounded fastest (Greenlane Holdings (GNLN) -96.2%/yr, Coincheck (CNCK) -33.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Bullish (BLSH) has been the steadiest (Greenlane Holdings (GNLN) 138.7%, Bullish (BLSH) 73.1%, Coincheck (CNCK) 140.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, GNLN, BLSH and CNCK?

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 6. 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.