SPARTAN DELTA CORP (SDE.CA) Stock Fundamental Analysis
TSX:SDE - CA84678A5089 - Common Stock
4.88 CAD
-0.08 (-1.61%)
Taking everything into account, SDE scores 4 out of 10 in our fundamental rating. SDE was compared to 211 industry peers in the Oil, Gas & Consumable Fuels industry. While SDE is still in line with the averages on profitability rating, there are concerns on its financial health. SDE has a decent growth rate and is not valued too expensively.
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.
In the past 5 years SDE always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.84%, SDE is in line with its industry, outperforming 53.55% of the companies in the same industry.
SDE has a Return On Equity (3.18%) which is in line with its industry peers.
The Return On Invested Capital of SDE (3.15%) is comparable to the rest of the industry.
SDE had an Average Return On Invested Capital over the past 3 years of 25.03%. This is significantly above the industry average of 6.94%.
The 3 year average ROIC (25.03%) for SDE is well above the current ROIC(3.15%). The reason for the recent decline needs to be investigated.
| 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
With a Profit Margin value of 6.40%, SDE perfoms like the industry average, outperforming 55.92% of the companies in the same industry.
In the last couple of years the Profit Margin of SDE has declined.
SDE has a Operating Margin (9.30%) which is in line with 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 86.73% 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so 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.
SDE has a worse debt/assets ratio than last year.
2.2 Solvency
SDE has an Altman-Z score of 2.37. This is not the best score and indicates that SDE is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.37, SDE is doing good in the industry, outperforming 72.51% of the companies in the same industry.
SDE has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
SDE has a Debt to Equity ratio of 0.07. This is in the better half of the industry: SDE outperforms 75.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.37 |
ROIC/WACC0.36
WACC8.66%
2.3 Liquidity
A Current Ratio of 0.71 indicates that SDE may have some problems paying its short term obligations.
SDE's Current ratio of 0.71 is on the low side compared to the rest of the industry. SDE is outperformed by 63.51% of its industry peers.
A Quick Ratio of 0.71 indicates that SDE may have some problems paying its short term obligations.
SDE has a Quick ratio (0.71) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 108.99% over the past year.
The Revenue has grown by 145.18% in the past year. This is a very strong growth!
The Revenue has been growing by 261.99% on average over the past years. This is a very strong growth!
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
Based on estimates for the next years, SDE will show a very negative growth in Revenue. The Revenue will decrease by -16.39% on average per year.
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
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 1.24, the valuation of SDE can be described as very cheap.
SDE's Price/Earnings ratio is rather cheap when compared to the industry. SDE is cheaper than 99.53% of the companies in the same industry.
SDE is valuated cheaply when we compare the Price/Earnings ratio to 27.08, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 20.13 indicates a rather expensive valuation of SDE.
SDE's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of SDE to the average of the S&P500 Index (22.72), we can say SDE is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.24 | ||
| Fwd PE | 20.13 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of SDE indicates a somewhat cheap valuation: SDE is cheaper than 72.51% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.42 |
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 (8/29/2025, 7:00:00 PM)
4.88
-0.08 (-1.61%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners30.33%
Inst Owner ChangeN/A
Ins Owners11.98%
Ins Owner ChangeN/A
Market Cap976.29M
Analysts80
Price Target6.02 (23.36%)
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)9.08%
PT rev (3m)9.08%
EPS NQ rev (1m)1000%
EPS NQ rev (3m)450%
EPS NY rev (1m)45.1%
EPS NY rev (3m)45.1%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-39.76%
Revenue NY rev (3m)-39.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.24 | ||
| Fwd PE | 20.13 | ||
| P/S | 3.49 | ||
| P/FCF | N/A | ||
| P/OCF | 5.36 | ||
| P/B | 1.73 | ||
| P/tB | 1.73 | ||
| EV/EBITDA | 7.42 |
EPS(TTM)3.95
EY80.94%
EPS(NY)0.24
Fwd EY4.97%
FCF(TTM)-0.33
FCFYN/A
OCF(TTM)0.91
OCFY18.66%
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 | 2.37 |
F-Score4
WACC8.66%
ROIC/WACC0.36
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 Year21.64%
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