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Medicenna Therapeutics (MDNA) Competitors

Medicenna Therapeutics logo
C$0.38 -0.01 (-1.28%)
As of 10/2/2026 01:59 PM Eastern

MDNA vs. COV, SCYB, COM, NVH, and HBP

Should you buy Medicenna Therapeutics stock or one of its competitors? Medicenna Therapeutics's main competitors and comparable companies include Covalon Technologies (COV), Scythian Biosciences (SCYB), 138267 (COM.TO) (COM), Novoheart (NVH), and Helix BioPharma (HBP). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "biotechnology" industry.

How does Medicenna Therapeutics compare to Covalon Technologies?

Covalon Technologies (CVE:COV) and Medicenna Therapeutics (TSE:MDNA) are both small-cap healthcare companies, but which is the superior stock? We will contrast the two businesses based on the strength of their earnings, dividends, institutional ownership, media sentiment, risk, profitability, analyst recommendations and valuation.

Covalon Technologies has higher revenue and earnings than Medicenna Therapeutics. Medicenna Therapeutics is trading at a lower price-to-earnings ratio than Covalon Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Covalon TechnologiesC$34.35M3.20C$2.39MC$0.1624.88
Medicenna TherapeuticsN/AN/A-C$25.98M-C$0.22N/A

Covalon Technologies has a net margin of 12.78% compared to Medicenna Therapeutics' net margin of -533,640.00%. Covalon Technologies' return on equity of 15.04% beat Medicenna Therapeutics' return on equity.

Company Net Margins Return on Equity Return on Assets
Covalon Technologies12.78% 15.04% -3.25%
Medicenna Therapeutics -533,640.00%-360.29%-32.80%

0.2% of Covalon Technologies shares are held by institutional investors. Comparatively, 0.4% of Medicenna Therapeutics shares are held by institutional investors. 48.7% of Covalon Technologies shares are held by insiders. Comparatively, 22.6% of Medicenna Therapeutics shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Covalon Technologies and Covalon Technologies both had 2 articles in the media. Medicenna Therapeutics' average media sentiment score of 0.74 beat Covalon Technologies' score of 0.51 indicating that Medicenna Therapeutics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Covalon Technologies
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Medicenna Therapeutics
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Covalon Technologies has a beta of 1.397953, meaning that its stock price is 40% more volatile than the broader market. Comparatively, Medicenna Therapeutics has a beta of 3.001413, meaning that its stock price is 200% more volatile than the broader market.

Summary

Covalon Technologies beats Medicenna Therapeutics on 8 of the 11 factors compared between the two stocks.

How does Medicenna Therapeutics compare to Scythian Biosciences?

Medicenna Therapeutics (TSE:MDNA) and Scythian Biosciences (CVE:SCYB) are both small-cap healthcare companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, media sentiment, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk.

0.4% of Medicenna Therapeutics shares are held by institutional investors. 22.6% of Medicenna Therapeutics shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Scythian Biosciences has a net margin of 0.00% compared to Medicenna Therapeutics' net margin of -533,640.00%. Scythian Biosciences' return on equity of 0.00% beat Medicenna Therapeutics' return on equity.

Company Net Margins Return on Equity Return on Assets
Medicenna Therapeutics-533,640.00% -360.29% -32.80%
Scythian Biosciences N/A N/A N/A

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medicenna TherapeuticsN/AN/A-C$25.98M-C$0.22N/A
Scythian BiosciencesN/AN/AN/AN/AN/A

In the previous week, Medicenna Therapeutics had 2 more articles in the media than Scythian Biosciences. MarketBeat recorded 2 mentions for Medicenna Therapeutics and 0 mentions for Scythian Biosciences. Medicenna Therapeutics' average media sentiment score of 0.74 beat Scythian Biosciences' score of 0.00 indicating that Medicenna Therapeutics is being referred to more favorably in the media.

Company Overall Sentiment
Medicenna Therapeutics Positive
Scythian Biosciences Neutral

Summary

Medicenna Therapeutics beats Scythian Biosciences on 4 of the 7 factors compared between the two stocks.

How does Medicenna Therapeutics compare to 138267 (COM.TO)?

138267 (COM.TO) (TSE:COM) and Medicenna Therapeutics (TSE:MDNA) are both small-cap healthcare companies, but which is the better stock? We will contrast the two businesses based on the strength of their earnings, dividends, profitability, analyst recommendations, institutional ownership, media sentiment, risk and valuation.

0.4% of Medicenna Therapeutics shares are owned by institutional investors. 22.6% of Medicenna Therapeutics shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
138267 (COM.TO)N/AN/AN/AN/AN/A
Medicenna TherapeuticsN/AN/A-C$25.98M-C$0.22N/A

138267 (COM.TO) has a net margin of 0.00% compared to Medicenna Therapeutics' net margin of -533,640.00%. 138267 (COM.TO)'s return on equity of 0.00% beat Medicenna Therapeutics' return on equity.

Company Net Margins Return on Equity Return on Assets
138267 (COM.TO)N/A N/A N/A
Medicenna Therapeutics -533,640.00%-360.29%-32.80%

In the previous week, Medicenna Therapeutics had 2 more articles in the media than 138267 (COM.TO). MarketBeat recorded 2 mentions for Medicenna Therapeutics and 0 mentions for 138267 (COM.TO). Medicenna Therapeutics' average media sentiment score of 0.74 beat 138267 (COM.TO)'s score of 0.00 indicating that Medicenna Therapeutics is being referred to more favorably in the news media.

Company Overall Sentiment
138267 (COM.TO) Neutral
Medicenna Therapeutics Positive

Summary

Medicenna Therapeutics beats 138267 (COM.TO) on 4 of the 7 factors compared between the two stocks.

How does Medicenna Therapeutics compare to Novoheart?

Medicenna Therapeutics (TSE:MDNA) and Novoheart (CVE:NVH) are both small-cap healthcare companies, but which is the superior business? We will contrast the two companies based on the strength of their valuation, analyst recommendations, risk, media sentiment, profitability, earnings, institutional ownership and dividends.

Novoheart has higher revenue and earnings than Medicenna Therapeutics. Novoheart is trading at a lower price-to-earnings ratio than Medicenna Therapeutics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medicenna TherapeuticsN/AN/A-C$25.98M-C$0.22N/A
NovoheartC$423.50K236.08-C$7.17M-C$0.04N/A

Novoheart has a net margin of 0.00% compared to Medicenna Therapeutics' net margin of -533,640.00%. Novoheart's return on equity of 0.00% beat Medicenna Therapeutics' return on equity.

Company Net Margins Return on Equity Return on Assets
Medicenna Therapeutics-533,640.00% -360.29% -32.80%
Novoheart N/A N/A N/A

In the previous week, Medicenna Therapeutics had 2 more articles in the media than Novoheart. MarketBeat recorded 2 mentions for Medicenna Therapeutics and 0 mentions for Novoheart. Medicenna Therapeutics' average media sentiment score of 0.74 beat Novoheart's score of 0.00 indicating that Medicenna Therapeutics is being referred to more favorably in the media.

Company Overall Sentiment
Medicenna Therapeutics Positive
Novoheart Neutral

0.4% of Medicenna Therapeutics shares are owned by institutional investors. 22.6% of Medicenna Therapeutics shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Novoheart beats Medicenna Therapeutics on 6 of the 11 factors compared between the two stocks.

How does Medicenna Therapeutics compare to Helix BioPharma?

Medicenna Therapeutics (TSE:MDNA) and Helix BioPharma (TSE:HBP) are both small-cap healthcare companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, dividends, analyst recommendations, earnings, risk, profitability and valuation.

Medicenna Therapeutics has a beta of 3.001413, suggesting that its share price is 200% more volatile than the broader market. Comparatively, Helix BioPharma has a beta of 0.722962, suggesting that its share price is 28% less volatile than the broader market.

In the previous week, Medicenna Therapeutics and Medicenna Therapeutics both had 2 articles in the media. Medicenna Therapeutics' average media sentiment score of 0.74 beat Helix BioPharma's score of 0.31 indicating that Medicenna Therapeutics is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medicenna Therapeutics
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Helix BioPharma
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Helix BioPharma is trading at a lower price-to-earnings ratio than Medicenna Therapeutics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medicenna TherapeuticsN/AN/A-C$25.98M-C$0.22N/A
Helix BioPharmaN/AN/A-C$50.55M-C$0.04N/A

Helix BioPharma has a net margin of 0.00% compared to Medicenna Therapeutics' net margin of -533,640.00%. Helix BioPharma's return on equity of -21.54% beat Medicenna Therapeutics' return on equity.

Company Net Margins Return on Equity Return on Assets
Medicenna Therapeutics-533,640.00% -360.29% -32.80%
Helix BioPharma N/A -21.54%-279.98%

0.4% of Medicenna Therapeutics shares are owned by institutional investors. Comparatively, 0.0% of Helix BioPharma shares are owned by institutional investors. 22.6% of Medicenna Therapeutics shares are owned by company insiders. Comparatively, 2.2% of Helix BioPharma shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Medicenna Therapeutics beats Helix BioPharma on 7 of the 10 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MDNA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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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MDNA vs. The Competition

MetricMedicenna TherapeuticsBiotechnology IndustryHealthcare SectorTSE Exchange
Market CapC$36.00MC$3.86BC$7.15BC$12.68B
Dividend YieldN/A3.65%2.54%6.33%
P/E Ratio-1.7513.06275.6739.33
Price / SalesN/A1,292.17656.669.16
Price / Cash1.15123.3978.8782.29
Price / Book19.9416.6310.934.61
Net Income-C$25.98M-C$22.71MC$3.51BC$299.09M
7 Day PerformanceN/A-2.99%-2.00%-1.15%
1 Month Performance-18.09%-10.81%-6.19%-2.92%
1 Year Performance-61.11%19.19%8.03%16.25%

Medicenna Therapeutics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MDNA
Medicenna Therapeutics
N/AC$0.39
-1.3%
N/A-61.1%C$36.00MN/AN/A20
COV
Covalon Technologies
N/AC$4.24
+4.2%
N/A+88.6%C$117.10MC$34.35M26.50N/A
SCYB
Scythian Biosciences
N/AC$3.49
-5.9%
N/A+0.0%C$102.38MN/AN/AN/A
COM
138267 (COM.TO)
N/AN/AN/AN/AC$102.19MN/AN/AN/A
NVH
Novoheart
N/AC$0.53
+1.9%
N/A+0.0%C$99.98MC$423.50KN/AN/A

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This page (TSE:MDNA) was last updated on 10/4/2026 by MarketBeat.com Staff.
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