SPARTAN DELTA CORP (SDE.CA) Fundamental Analysis & Valuation

TSX:SDE • CA84678A5089

10.72 CAD
+0.04 (+0.37%)
Last: Mar 6, 2026, 07:00 PM
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This SDE.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Overall SDE gets a fundamental rating of 5 out of 10. We evaluated SDE against 210 industry peers in the Oil, Gas & Consumable Fuels industry. SDE has an excellent profitability rating, but there are concerns on its financial health. SDE has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

7

1. SDE.CA Profitability Analysis

1.1 Basic Checks

  • SDE had positive earnings in the past year.
  • SDE had a positive operating cash flow in the past year.
  • In the past 5 years SDE has always been profitable.
  • SDE had a positive operating cash flow in each of the past 5 years.
SDE.CA Yearly Net Income VS EBIT VS OCF VS FCFSDE.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

1.2 Ratios

  • The Return On Assets of SDE (3.57%) is better than 77.14% of its industry peers.
  • SDE has a Return On Equity of 6.39%. This is in the better half of the industry: SDE outperforms 62.86% of its industry peers.
  • The Return On Invested Capital of SDE (5.37%) is better than 77.14% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for SDE is significantly above the industry average of 6.66%.
  • The last Return On Invested Capital (5.37%) 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 RankSector Rank
ROA 3.57%
ROE 6.39%
ROIC 5.37%
ROA(3y)39.01%
ROA(5y)30.12%
ROE(3y)68.83%
ROE(5y)55.77%
ROIC(3y)25.03%
ROIC(5y)18.24%
SDE.CA Yearly ROA, ROE, ROICSDE.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50 100 -100 150

1.3 Margins

  • SDE has a Profit Margin of 11.52%. This is in the better half of the industry: SDE outperforms 75.71% of its industry peers.
  • SDE's Profit Margin has declined in the last couple of years.
  • SDE has a Operating Margin of 15.46%. This is in the better half of the industry: SDE outperforms 64.29% of its industry peers.
  • In the last couple of years the Operating Margin of SDE has declined.
  • SDE has a better Gross Margin (71.17%) than 90.00% of its industry peers.
  • In the last couple of years the Gross Margin of SDE has declined.
Industry RankSector Rank
OM 15.46%
PM (TTM) 11.52%
GM 71.17%
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
SDE.CA Yearly Profit, Operating, Gross MarginsSDE.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 -200

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. SDE.CA Health Analysis

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
  • The number of shares outstanding for SDE has been increased compared to 5 years ago.
  • SDE has a worse debt/assets ratio than last year.
SDE.CA Yearly Shares OutstandingSDE.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M
SDE.CA Yearly Total Debt VS Total AssetsSDE.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • SDE has an Altman-Z score of 3.69. This indicates that SDE is financially healthy and has little risk of bankruptcy at the moment.
  • With a decent Altman-Z score value of 3.69, SDE is doing good in the industry, outperforming 80.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.19 indicates that SDE is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.19, SDE is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.19
Debt/FCF N/A
Altman-Z 3.69
ROIC/WACC0.68
WACC7.95%
SDE.CA Yearly LT Debt VS Equity VS FCFSDE.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B

2.3 Liquidity

  • SDE has a Current Ratio of 0.74. This is a bad value and indicates that SDE is not financially healthy enough and could expect problems in meeting its short term obligations.
  • SDE has a Current ratio of 0.74. This is comparable to the rest of the industry: SDE outperforms 55.24% of its industry peers.
  • SDE has a Quick Ratio of 0.74. This is a bad value and indicates that SDE is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of SDE (0.74) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 0.74
Quick Ratio 0.74
SDE.CA Yearly Current Assets VS Current LiabilitesSDE.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. SDE.CA Growth Analysis

3.1 Past

  • SDE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -75.72%.
  • SDE shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -57.26% yearly.
  • The Revenue has grown by 9.07% in the past year. This is quite good.
  • SDE shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 180.42% yearly.
EPS 1Y (TTM)-75.72%
EPS 3Y-57.26%
EPS 5YN/A
EPS Q2Q%-83.33%
Revenue 1Y (TTM)9.07%
Revenue growth 3Y-18.27%
Revenue growth 5Y180.42%
Sales Q2Q%37.91%

3.2 Future

  • Based on estimates for the next years, SDE will show a very strong growth in Earnings Per Share. The EPS will grow by 59.47% on average per year.
  • SDE is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -53.31% yearly.
EPS Next Y37.5%
EPS Next 2Y67.91%
EPS Next 3Y59.47%
EPS Next 5YN/A
Revenue Next Year-16.91%
Revenue Next 2Y46.19%
Revenue Next 3Y-53.31%
Revenue Next 5YN/A

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
SDE.CA Yearly Revenue VS EstimatesSDE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
SDE.CA Yearly EPS VS EstimatesSDE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3

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Find the best growth stocksShow best growing peers

4

4. SDE.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 53.60, which means the current valuation is very expensive for SDE.
  • SDE's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of SDE to the average of the S&P500 Index (26.29), we can say SDE is valued expensively.
  • Based on the Price/Forward Earnings ratio of 15.69, the valuation of SDE can be described as correct.
  • SDE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SDE is cheaper than 68.57% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.57. SDE is valued slightly cheaper when compared to this.
Industry RankSector Rank
PE 53.6
Fwd PE 15.69
SDE.CA Price Earnings VS Forward Price EarningsSDE.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40 50

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as SDE.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 12.43
SDE.CA Per share dataSDE.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 2 3

4.3 Compensation for Growth

  • SDE's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • SDE has a very decent profitability rating, which may justify a higher PE ratio.
  • SDE's earnings are expected to grow with 59.47% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.43
PEG (5Y)N/A
EPS Next 2Y67.91%
EPS Next 3Y59.47%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. SDE.CA Dividend Analysis

5.1 Amount

  • No dividends for SDE!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

SDE.CA Fundamentals: All Metrics, Ratios and Statistics

SPARTAN DELTA CORP

TSX:SDE (3/6/2026, 7:00:00 PM)

10.72

+0.04 (+0.37%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)02-17
Earnings (Next)05-05
Inst Owners37.06%
Inst Owner ChangeN/A
Ins Owners11.73%
Ins Owner ChangeN/A
Market Cap2.15B
Revenue(TTM)337.53M
Net Income(TTM)38.88M
Analysts77.14
Price Target9.82 (-8.4%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)186.77%
Min EPS beat(2)-23.49%
Max EPS beat(2)397.03%
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)12.57%
PT rev (3m)31.85%
EPS NQ rev (1m)-6.25%
EPS NQ rev (3m)25%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.81%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-5.4%
Revenue NY rev (3m)-6.33%
Valuation
Industry RankSector Rank
PE 53.6
Fwd PE 15.69
P/S 6.37
P/FCF N/A
P/OCF 10.74
P/B 3.53
P/tB 3.53
EV/EBITDA 12.43
EPS(TTM)0.2
EY1.87%
EPS(NY)0.68
Fwd EY6.38%
FCF(TTM)-0.54
FCFYN/A
OCF(TTM)1
OCFY9.31%
SpS1.68
BVpS3.04
TBVpS3.04
PEG (NY)1.43
PEG (5Y)N/A
Graham Number3.7
Profitability
Industry RankSector Rank
ROA 3.57%
ROE 6.39%
ROCE 6.46%
ROIC 5.37%
ROICexc 5.37%
ROICexgc 5.37%
OM 15.46%
PM (TTM) 11.52%
GM 71.17%
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%
ROICexgc growth 3Y-26.05%
ROICexgc 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 Turnover0.31
Health
Industry RankSector Rank
Debt/Equity 0.19
Debt/FCF N/A
Debt/EBITDA 0.65
Cap/Depr 236.18%
Cap/Sales 91.24%
Interest Coverage 7.13
Cash Conversion 109.61%
Profit Quality N/A
Current Ratio 0.74
Quick Ratio 0.74
Altman-Z 3.69
F-Score4
WACC7.95%
ROIC/WACC0.68
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)-75.72%
EPS 3Y-57.26%
EPS 5YN/A
EPS Q2Q%-83.33%
EPS Next Y37.5%
EPS Next 2Y67.91%
EPS Next 3Y59.47%
EPS Next 5YN/A
Revenue 1Y (TTM)9.07%
Revenue growth 3Y-18.27%
Revenue growth 5Y180.42%
Sales Q2Q%37.91%
Revenue Next Year-16.91%
Revenue Next 2Y46.19%
Revenue Next 3Y-53.31%
Revenue Next 5YN/A
EBIT growth 1Y-31.05%
EBIT growth 3Y-42.88%
EBIT growth 5YN/A
EBIT Next Year14.82%
EBIT Next 3Y35.82%
EBIT Next 5YN/A
FCF growth 1Y-153.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-67.97%
OCF growth 3Y-14.63%
OCF growth 5YN/A

SPARTAN DELTA CORP / SDE.CA FAQ

What is the fundamental rating for SDE stock?

ChartMill assigns a fundamental rating of 5 / 10 to SDE.CA.


Can you provide the valuation status for SPARTAN DELTA CORP?

ChartMill assigns a valuation rating of 4 / 10 to SPARTAN DELTA CORP (SDE.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for SPARTAN DELTA CORP?

SPARTAN DELTA CORP (SDE.CA) has a profitability rating of 7 / 10.


What are the PE and PB ratios of SPARTAN DELTA CORP (SDE.CA) stock?

The Price/Earnings (PE) ratio for SPARTAN DELTA CORP (SDE.CA) is 53.6 and the Price/Book (PB) ratio is 3.53.


How financially healthy is SPARTAN DELTA CORP?

The financial health rating of SPARTAN DELTA CORP (SDE.CA) is 3 / 10.