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Spectral Medical (EDT) Competitors

Spectral Medical logo
C$1.43 +0.01 (+0.70%)
As of 05/25/2026 03:40 PM Eastern

EDT vs. AKU, GEN, LMD, LXG, and SQD

Should you buy Spectral Medical stock or one of its competitors? MarketBeat compares Spectral Medical with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Spectral Medical include Akumin (AKU), GeneNews (GEN), LED Medical Diagnostics (LMD), LexaGene (LXG), and SQI Diagnostics (SQD). These companies are all part of the "diagnostics & research" industry.

How does Spectral Medical compare to Akumin?

Akumin (TSE:AKU) and Spectral Medical (TSE:EDT) are both small-cap medical companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, risk, analyst recommendations, profitability, media sentiment, dividends, earnings and valuation.

Akumin has a beta of 0.15, indicating that its stock price is 85% less volatile than the broader market. Comparatively, Spectral Medical has a beta of 0.647419, indicating that its stock price is 35% less volatile than the broader market.

In the previous week, Spectral Medical had 1 more articles in the media than Akumin. MarketBeat recorded 1 mentions for Spectral Medical and 0 mentions for Akumin. Spectral Medical's average media sentiment score of 0.67 beat Akumin's score of 0.00 indicating that Spectral Medical is being referred to more favorably in the news media.

Company Overall Sentiment
Akumin Neutral
Spectral Medical Positive

30.3% of Akumin shares are held by institutional investors. Comparatively, 0.0% of Spectral Medical shares are held by institutional investors. 33.0% of Akumin shares are held by insiders. Comparatively, 18.2% of Spectral Medical shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Spectral Medical has lower revenue, but higher earnings than Akumin. Spectral Medical is trading at a lower price-to-earnings ratio than Akumin, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
AkuminC$737.69M0.00-C$255.80M-C$3.80N/A
Spectral MedicalC$2.76M151.97-C$18.68M-C$0.13N/A

Spectral Medical has a net margin of 0.00% compared to Akumin's net margin of -34.67%. Akumin's return on equity of -483.86% beat Spectral Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Akumin-34.67% -483.86% 0.47%
Spectral Medical N/A -973.97%-93.22%

Summary

Akumin and Spectral Medical tied by winning 6 of the 12 factors compared between the two stocks.

How does Spectral Medical compare to GeneNews?

GeneNews (TSE:GEN) and Spectral Medical (TSE:EDT) are both small-cap medical companies, but which is the better investment? We will contrast the two companies based on the strength of their valuation, dividends, institutional ownership, risk, media sentiment, earnings, profitability and analyst recommendations.

In the previous week, Spectral Medical had 1 more articles in the media than GeneNews. MarketBeat recorded 1 mentions for Spectral Medical and 0 mentions for GeneNews. Spectral Medical's average media sentiment score of 0.67 beat GeneNews' score of 0.00 indicating that Spectral Medical is being referred to more favorably in the news media.

Company Overall Sentiment
GeneNews Neutral
Spectral Medical Positive

0.0% of Spectral Medical shares are held by institutional investors. 18.2% of Spectral Medical shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

GeneNews has higher earnings, but lower revenue than Spectral Medical. Spectral Medical is trading at a lower price-to-earnings ratio than GeneNews, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
GeneNewsC$234.59K0.00-C$11.56M-C$0.07N/A
Spectral MedicalC$2.76M151.97-C$18.68M-C$0.13N/A

GeneNews' return on equity of 0.00% beat Spectral Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
GeneNewsN/A N/A N/A
Spectral Medical N/A -973.97%-93.22%

Summary

GeneNews and Spectral Medical tied by winning 5 of the 10 factors compared between the two stocks.

How does Spectral Medical compare to LED Medical Diagnostics?

Spectral Medical (TSE:EDT) and LED Medical Diagnostics (CVE:LMD) are both small-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their dividends, valuation, earnings, analyst recommendations, media sentiment, profitability, institutional ownership and risk.

0.0% of Spectral Medical shares are held by institutional investors. 18.2% of Spectral Medical shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

LED Medical Diagnostics has higher revenue and earnings than Spectral Medical. Spectral Medical is trading at a lower price-to-earnings ratio than LED Medical Diagnostics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spectral MedicalC$2.76M151.97-C$18.68M-C$0.13N/A
LED Medical DiagnosticsC$14.96M1.04-C$1.51M-C$0.04N/A

LED Medical Diagnostics' return on equity of 0.00% beat Spectral Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Spectral MedicalN/A -973.97% -93.22%
LED Medical Diagnostics N/A N/A N/A

In the previous week, Spectral Medical had 1 more articles in the media than LED Medical Diagnostics. MarketBeat recorded 1 mentions for Spectral Medical and 0 mentions for LED Medical Diagnostics. Spectral Medical's average media sentiment score of 0.67 beat LED Medical Diagnostics' score of 0.00 indicating that Spectral Medical is being referred to more favorably in the media.

Company Overall Sentiment
Spectral Medical Positive
LED Medical Diagnostics Neutral

Summary

LED Medical Diagnostics beats Spectral Medical on 6 of the 11 factors compared between the two stocks.

How does Spectral Medical compare to LexaGene?

Spectral Medical (TSE:EDT) and LexaGene (CVE:LXG) are both small-cap medical companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, risk, media sentiment, valuation, earnings, profitability and institutional ownership.

In the previous week, Spectral Medical had 1 more articles in the media than LexaGene. MarketBeat recorded 1 mentions for Spectral Medical and 0 mentions for LexaGene. Spectral Medical's average media sentiment score of 0.67 beat LexaGene's score of 0.00 indicating that Spectral Medical is being referred to more favorably in the media.

Company Overall Sentiment
Spectral Medical Positive
LexaGene Neutral

0.0% of Spectral Medical shares are owned by institutional investors. Comparatively, 0.1% of LexaGene shares are owned by institutional investors. 18.2% of Spectral Medical shares are owned by company insiders. Comparatively, 17.9% of LexaGene shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

LexaGene has lower revenue, but higher earnings than Spectral Medical. Spectral Medical is trading at a lower price-to-earnings ratio than LexaGene, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spectral MedicalC$2.76M151.97-C$18.68M-C$0.13N/A
LexaGeneC$110.93K133.13-C$8.54M-C$0.08N/A

Spectral Medical has a beta of 0.647419, meaning that its share price is 35% less volatile than the broader market. Comparatively, LexaGene has a beta of 2.26, meaning that its share price is 126% more volatile than the broader market.

LexaGene's return on equity of -339.54% beat Spectral Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Spectral MedicalN/A -973.97% -93.22%
LexaGene N/A -339.54%-120.21%

Summary

Spectral Medical and LexaGene tied by winning 6 of the 12 factors compared between the two stocks.

How does Spectral Medical compare to SQI Diagnostics?

Spectral Medical (TSE:EDT) and SQI Diagnostics (CVE:SQD) are both small-cap medical companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, analyst recommendations, valuation, media sentiment, institutional ownership, risk, earnings and dividends.

0.0% of Spectral Medical shares are owned by institutional investors. Comparatively, 25.2% of SQI Diagnostics shares are owned by institutional investors. 18.2% of Spectral Medical shares are owned by insiders. Comparatively, 50.2% of SQI Diagnostics shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

SQI Diagnostics' return on equity of 0.00% beat Spectral Medical's return on equity.

Company Net Margins Return on Equity Return on Assets
Spectral MedicalN/A -973.97% -93.22%
SQI Diagnostics N/A N/A -74.70%

In the previous week, Spectral Medical had 1 more articles in the media than SQI Diagnostics. MarketBeat recorded 1 mentions for Spectral Medical and 0 mentions for SQI Diagnostics. Spectral Medical's average media sentiment score of 0.67 beat SQI Diagnostics' score of 0.00 indicating that Spectral Medical is being referred to more favorably in the media.

Company Overall Sentiment
Spectral Medical Positive
SQI Diagnostics Neutral

Spectral Medical has higher earnings, but lower revenue than SQI Diagnostics. Spectral Medical is trading at a lower price-to-earnings ratio than SQI Diagnostics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spectral MedicalC$2.76M151.97-C$18.68M-C$0.13N/A
SQI DiagnosticsC$3.04M2.01-C$19.14M-C$0.05N/A

Spectral Medical has a beta of 0.647419, suggesting that its share price is 35% less volatile than the broader market. Comparatively, SQI Diagnostics has a beta of -0.21, suggesting that its share price is 121% less volatile than the broader market.

Summary

SQI Diagnostics beats Spectral Medical on 7 of the 12 factors compared between the two stocks.

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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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EDT vs. The Competition

MetricSpectral MedicalDiagnostics & Research IndustryMedical SectorTSE Exchange
Market CapC$419.59MC$44.14MC$6.46BC$12.16B
Dividend Yield1.45%3.35%2.76%6.20%
P/E Ratio-11.000.7920.9937.64
Price / Sales151.97622.43556.5611.68
Price / Cash82.5011.4243.4982.29
Price / Book-17.883.5310.444.50
Net Income-C$18.68MC$334.07BC$3.57BC$299.09M
7 Day Performance4.38%-0.95%6.39%2.48%
1 Month Performance2.14%-2.19%3.53%1.47%
1 Year Performance70.24%10.71%34.12%53.55%

Spectral Medical Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EDT
Spectral Medical
N/AC$1.43
+0.7%
N/A+72.3%C$419.59MC$2.76MN/A29
AKU
Akumin
N/AN/AN/AN/AC$37.20MC$737.69MN/A1,527
GEN
GeneNews
N/AN/AN/AN/AC$25.49MC$234.59KN/A2,700
LMD
LED Medical Diagnostics
N/AC$0.40
+∞
N/A+0.0%C$15.51MC$14.96MN/A46
LXG
LexaGene
N/AC$0.11
-19.2%
N/A+0.0%C$14.77MC$110.93KN/A41

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This page (TSE:EDT) was last updated on 5/26/2026 by MarketBeat.com Staff.
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