SPARTAN DELTA CORP (SDE.CA) Stock Fundamental Analysis
Canada - TSX:SDE - CA84678A5089 - Common Stock
5.12 CAD
-0.08 (-1.54%)
We assign a fundamental rating of 4 out of 10 to SDE. SDE was compared to 220 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of SDE while its profitability can be described as average. SDE is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
SDE had positive earnings in the past year.
In the past year SDE had a positive cash flow from operations.
SDE had positive earnings in each of the past 5 years.
SDE had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.84%, SDE is in line with its industry, outperforming 55.00% of the companies in the same industry.
SDE has a Return On Equity (3.18%) which is comparable to the rest of the industry.
Looking at the Return On Invested Capital, with a value of 3.15%, SDE is in line with its industry, outperforming 53.64% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for SDE is significantly above the industry average of 6.91%.
The last Return On Invested Capital (3.15%) for SDE is well below the 3 year average (25.03%), which needs to be investigated, but indicates that SDE had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.84% | ||
| ROE | 3.18% | ||
| ROIC | 3.15% |
ROA(3y)39.01%
ROA(5y)30.12%
ROE(3y)68.83%
ROE(5y)55.77%
ROIC(3y)25.03%
ROIC(5y)18.24%
1.3 Margins
SDE has a Profit Margin (6.40%) which is comparable to the rest of the industry.
SDE's Profit Margin has declined in the last couple of years.
SDE has a Operating Margin of 9.30%. This is comparable to the rest of the industry: SDE outperforms 53.64% of its industry peers.
In the last couple of years the Operating Margin of SDE has declined.
Looking at the Gross Margin, with a value of 69.10%, SDE belongs to the top of the industry, outperforming 86.82% of the companies in the same industry.
In the last couple of years the Gross Margin of SDE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.3% | ||
| PM (TTM) | 6.4% | ||
| GM | 69.1% |
OM growth 3Y-30.12%
OM growth 5YN/A
PM growth 3Y-42.72%
PM growth 5YN/A
GM growth 3Y-2.81%
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), SDE is creating value.
Compared to 1 year ago, SDE has more shares outstanding
Compared to 5 years ago, SDE has more shares outstanding
Compared to 1 year ago, SDE has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.42 indicates that SDE is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.42, SDE is in the better half of the industry, outperforming 72.27% of the companies in the same industry.
A Debt/Equity ratio of 0.07 indicates that SDE is not too dependend on debt financing.
SDE's Debt to Equity ratio of 0.07 is fine compared to the rest of the industry. SDE outperforms 74.09% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.42 |
ROIC/WACC0.39
WACC8.07%
2.3 Liquidity
SDE has a Current Ratio of 0.71. This is a bad value and indicates that SDE is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.71, SDE is not doing good in the industry: 64.09% of the companies in the same industry are doing better.
A Quick Ratio of 0.71 indicates that SDE may have some problems paying its short term obligations.
SDE's Quick ratio of 0.71 is in line compared to the rest of the industry. SDE outperforms 52.73% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
SDE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 108.99%, which is quite impressive.
Looking at the last year, SDE shows a very strong growth in Revenue. The Revenue has grown by 145.18%.
SDE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 261.99% yearly.
EPS 1Y (TTM)108.99%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%88.89%
Revenue 1Y (TTM)145.18%
Revenue growth 3Y820.03%
Revenue growth 5Y261.99%
Sales Q2Q%N/A
3.2 Future
The Earnings Per Share is expected to decrease by -22.41% on average over the next years. This is quite bad
SDE is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -16.39% yearly.
EPS Next Y-15.79%
EPS Next 2Y-75.23%
EPS Next 3Y-54.43%
EPS Next 5Y-22.41%
Revenue Next Year-48.37%
Revenue Next 2Y-51.54%
Revenue Next 3Y-40.72%
Revenue Next 5Y-16.39%
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 1.30, which indicates a rather cheap valuation of SDE.
Compared to the rest of the industry, the Price/Earnings ratio of SDE indicates a rather cheap valuation: SDE is cheaper than 99.55% of the companies listed in the same industry.
SDE is valuated cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
SDE is valuated rather expensively with a Price/Forward Earnings ratio of 21.12.
Compared to the rest of the industry, the Price/Forward Earnings ratio of SDE is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.87, SDE is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.3 | ||
| Fwd PE | 21.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, SDE is valued a bit cheaper than 71.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.65 |
4.3 Compensation for Growth
The decent profitability rating of SDE may justify a higher PE ratio.
A cheap valuation may be justified as SDE's earnings are expected to decrease with -54.43% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-75.23%
EPS Next 3Y-54.43%
5. Dividend
5.1 Amount
SDE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:SDE (9/19/2025, 7:00:00 PM)
5.12
-0.08 (-1.54%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners30.43%
Inst Owner ChangeN/A
Ins Owners11.72%
Ins Owner ChangeN/A
Market Cap1.02B
Analysts77.14
Price Target6.02 (17.58%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0.3%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)3.84%
PT rev (3m)10%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1000%
EPS NY rev (1m)0%
EPS NY rev (3m)45.1%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-39.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.3 | ||
| Fwd PE | 21.12 | ||
| P/S | 3.66 | ||
| P/FCF | N/A | ||
| P/OCF | 5.62 | ||
| P/B | 1.82 | ||
| P/tB | 1.82 | ||
| EV/EBITDA | 7.65 |
EPS(TTM)3.95
EY77.15%
EPS(NY)0.24
Fwd EY4.73%
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)0.91
OCFY17.79%
SpS1.4
BVpS2.81
TBVpS2.81
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.84% | ||
| ROE | 3.18% | ||
| ROCE | 3.79% | ||
| ROIC | 3.15% | ||
| ROICexc | 3.16% | ||
| ROICexgc | 3.16% | ||
| OM | 9.3% | ||
| PM (TTM) | 6.4% | ||
| GM | 69.1% | ||
| FCFM | N/A |
ROA(3y)39.01%
ROA(5y)30.12%
ROE(3y)68.83%
ROE(5y)55.77%
ROIC(3y)25.03%
ROIC(5y)18.24%
ROICexc(3y)25.85%
ROICexc(5y)18.74%
ROICexgc(3y)25.85%
ROICexgc(5y)18.74%
ROCE(3y)30.1%
ROCE(5y)21.94%
ROICexcg growth 3Y-26.05%
ROICexcg growth 5YN/A
ROICexc growth 3Y-26.05%
ROICexc growth 5YN/A
OM growth 3Y-30.12%
OM growth 5YN/A
PM growth 3Y-42.72%
PM growth 5YN/A
GM growth 3Y-2.81%
GM growth 5YN/A
F-Score4
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.26 | ||
| Cap/Depr | 217.74% | ||
| Cap/Sales | 88.64% | ||
| Interest Coverage | 2.9 | ||
| Cash Conversion | 130.16% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 2.42 |
F-Score4
WACC8.07%
ROIC/WACC0.39
Cap/Depr(3y)218.91%
Cap/Depr(5y)343.39%
Cap/Sales(3y)56.22%
Cap/Sales(5y)84.88%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)108.99%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%88.89%
EPS Next Y-15.79%
EPS Next 2Y-75.23%
EPS Next 3Y-54.43%
EPS Next 5Y-22.41%
Revenue 1Y (TTM)145.18%
Revenue growth 3Y820.03%
Revenue growth 5Y261.99%
Sales Q2Q%N/A
Revenue Next Year-48.37%
Revenue Next 2Y-51.54%
Revenue Next 3Y-40.72%
Revenue Next 5Y-16.39%
EBIT growth 1Y-80.95%
EBIT growth 3Y-42.88%
EBIT growth 5YN/A
EBIT Next Year11.83%
EBIT Next 3Y26.67%
EBIT Next 5YN/A
FCF growth 1Y-116.52%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-79.11%
OCF growth 3Y-14.63%
OCF growth 5YN/A