SPARTAN DELTA CORP (SDE.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:SDE • CA84678A5089

9.16 CAD
-0.31 (-3.27%)
Last: Feb 5, 2026, 07:00 PM
Fundamental Rating

5

Taking everything into account, SDE scores 5 out of 10 in our fundamental rating. SDE was compared to 216 industry peers in the Oil, Gas & Consumable Fuels industry. While SDE belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. SDE has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • SDE had positive earnings in the past year.
  • SDE had a positive operating cash flow in the past year.
  • Each year in the past 5 years SDE has been profitable.
  • Each year in the past 5 years SDE had a positive operating cash flow.
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

  • With a decent Return On Assets value of 3.57%, SDE is doing good in the industry, outperforming 78.24% of the companies in the same industry.
  • The Return On Equity of SDE (6.39%) is better than 62.96% of its industry peers.
  • SDE's Return On Invested Capital of 5.37% is fine compared to the rest of the industry. SDE outperforms 77.31% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for SDE is significantly above the industry average of 6.50%.
  • The 3 year average ROIC (25.03%) for SDE is well above the current ROIC(5.37%). The reason for the recent decline needs to be investigated.
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

  • Looking at the Profit Margin, with a value of 11.52%, SDE is in the better half of the industry, outperforming 75.46% of the companies in the same industry.
  • 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 63.89% 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 71.17%, SDE belongs to the top of the industry, outperforming 90.28% of the companies in the same industry.
  • SDE's Gross Margin has declined in the last couple of years.
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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), SDE is creating value.
  • The number of shares outstanding for SDE has been increased compared to 1 year ago.
  • SDE has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for SDE is higher compared to a year ago.
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 3.31. This indicates that SDE is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.31, SDE belongs to the top of the industry, outperforming 80.56% of the companies in the same industry.
  • SDE has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of SDE (0.19) is better than 66.20% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.19
Debt/FCF N/A
Altman-Z 3.31
ROIC/WACC0.68
WACC7.92%
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

  • A Current Ratio of 0.74 indicates that SDE may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.74, SDE is in line with its industry, outperforming 46.76% of the companies in the same industry.
  • A Quick Ratio of 0.74 indicates that SDE may have some problems paying its short term obligations.
  • SDE's Quick ratio of 0.74 is in line compared to the rest of the industry. SDE outperforms 59.26% of its industry peers.
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. Growth

3.1 Past

  • SDE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -75.72%.
  • The earnings per share for SDE have been decreasing by -57.26% on average. This is quite bad
  • Looking at the last year, SDE shows a quite strong growth in Revenue. The Revenue has grown by 9.07% in the last year.
  • 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

  • SDE is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 59.47% yearly.
  • Based on estimates for the next years, SDE will show a very negative growth in Revenue. The Revenue will decrease by -53.31% on average per year.
EPS Next Y37.5%
EPS Next 2Y67.91%
EPS Next 3Y59.47%
EPS Next 5YN/A
Revenue Next Year-12.17%
Revenue Next 2Y41.3%
Revenue Next 3Y-53.31%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • 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

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • SDE is valuated quite expensively with a Price/Earnings ratio of 45.80.
  • Compared to the rest of the industry, the Price/Earnings ratio of SDE is on the same level as its industry peers.
  • When comparing the Price/Earnings ratio of SDE to the average of the S&P500 Index (27.67), we can say SDE is valued expensively.
  • SDE is valuated correctly with a Price/Forward Earnings ratio of 13.40.
  • SDE's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SDE is cheaper than 68.98% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of SDE to the average of the S&P500 Index (27.20), we can say SDE is valued rather cheaply.
Industry RankSector Rank
PE 45.8
Fwd PE 13.4
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

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 10.76
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.
  • A more expensive valuation may be justified as SDE's earnings are expected to grow with 59.47% in the coming years.
PEG (NY)1.22
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. Dividend

5.1 Amount

  • SDE does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

SPARTAN DELTA CORP

TSX:SDE (2/5/2026, 7:00:00 PM)

9.16

-0.31 (-3.27%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)11-04
Earnings (Next)02-17
Inst Owners37.06%
Inst Owner ChangeN/A
Ins Owners11.73%
Ins Owner ChangeN/A
Market Cap1.84B
Revenue(TTM)337.53M
Net Income(TTM)38.88M
Analysts77.14
Price Target8.72 (-4.8%)
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)15.54%
PT rev (3m)44.92%
EPS NQ rev (1m)33.33%
EPS NQ rev (3m)33.33%
EPS NY rev (1m)-8.33%
EPS NY rev (3m)-10.81%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.99%
Valuation
Industry RankSector Rank
PE 45.8
Fwd PE 13.4
P/S 5.44
P/FCF N/A
P/OCF 9.18
P/B 3.02
P/tB 3.02
EV/EBITDA 10.76
EPS(TTM)0.2
EY2.18%
EPS(NY)0.68
Fwd EY7.46%
FCF(TTM)-0.54
FCFYN/A
OCF(TTM)1
OCFY10.9%
SpS1.68
BVpS3.04
TBVpS3.04
PEG (NY)1.22
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 3.31
F-Score4
WACC7.92%
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-12.17%
Revenue Next 2Y41.3%
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 Year13.44%
EBIT Next 3Y35.43%
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 45.8 and the Price/Book (PB) ratio is 3.02.


How financially healthy is SPARTAN DELTA CORP?

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