Spartan Delta Corp. (TSX:SDE)

Spartan Delta Statistics

Total Valuation

Spartan Delta has a market cap or net worth of CAD 565.78 million. The enterprise value is 611.81 million.

Market Cap	565.78M
Enterprise Value	611.81M

Important Dates

The last earnings date was Tuesday, May 6, 2025.

Earnings Date	May 6, 2025
Ex-Dividend Date	n/a

Share Statistics

Spartan Delta has 199.22 million shares outstanding. The number of shares has decreased by -2.57% in one year.

Current Share Class	199.22M
Shares Outstanding	199.22M
Shares Change (YoY)	-2.57%
Shares Change (QoQ)	-2.47%
Owned by Insiders (%)	15.81%
Owned by Institutions (%)	5.41%
Float	165.78M

Valuation Ratios

The trailing PE ratio is 28.19.

PE Ratio	28.19
Forward PE	n/a
PS Ratio	2.07
PB Ratio	1.00
P/TBV Ratio	1.00
P/FCF Ratio	n/a
P/OCF Ratio	3.11
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.30, with an EV/FCF ratio of -35.41.

EV / Earnings	34.14
EV / Sales	2.24
EV / EBITDA	4.30
EV / EBIT	23.50
EV / FCF	-35.41

Financial Position

The company has a current ratio of 0.71, with a Debt / Equity ratio of 0.08.

Current Ratio	0.71
Quick Ratio	0.16
Debt / Equity	0.08
Debt / EBITDA	0.33
Debt / FCF	-2.69
Interest Coverage	2.41

Financial Efficiency

Return on equity (ROE) is 3.56% and return on invested capital (ROIC) is 2.87%.

Return on Equity (ROE)	3.56%
Return on Assets (ROA)	1.80%
Return on Invested Capital (ROIC)	2.87%
Return on Capital Employed (ROCE)	3.79%
Revenue Per Employee	2.24M
Profits Per Employee	146,877
Employee Count	123
Asset Turnover	0.30
Inventory Turnover	n/a

Taxes

In the past 12 months, Spartan Delta has paid 63.36 million in taxes.

Income Tax	63.36M
Effective Tax Rate	9.73%

Stock Price Statistics

The stock price has decreased by -31.57% in the last 52 weeks. The beta is 0.45, so Spartan Delta's price volatility has been lower than the market average.

Beta (5Y)	0.45
52-Week Price Change	-31.57%
50-Day Moving Average	2.96
200-Day Moving Average	3.48
Relative Strength Index (RSI)	50.11
Average Volume (20 Days)	339,915

Short Selling Information

The latest short interest is 2.73 million, so 1.58% of the outstanding shares have been sold short.

Short Interest	2.73M
Short Previous Month	2.42M
Short % of Shares Out	1.58%
Short % of Float	2.42%
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Spartan Delta had revenue of CAD 273.09 million and earned 17.92 million in profits. Earnings per share was 0.10.

Revenue	273.09M
Gross Profit	165.35M
Operating Income	26.03M
Pretax Income	22.26M
Net Income	17.92M
EBITDA	133.82M
EBIT	26.03M
Earnings Per Share (EPS)	0.10

Balance Sheet

The company has 522,000 in cash and 46.55 million in debt, giving a net cash position of -46.03 million or -0.23 per share.

Cash & Cash Equivalents	522,000
Total Debt	46.55M
Net Cash	-46.03M
Net Cash Per Share	-0.23
Equity (Book Value)	563.15M
Book Value Per Share	2.82
Working Capital	-82.54M

Cash Flow

In the last 12 months, operating cash flow was 182.19 million and capital expenditures -199.47 million, giving a free cash flow of -17.28 million.

Operating Cash Flow	182.19M
Capital Expenditures	-199.47M
Free Cash Flow	-17.28M
FCF Per Share	-0.09

Margins

Gross margin is 60.55%, with operating and profit margins of 9.53% and 6.56%.

Gross Margin	60.55%
Operating Margin	9.53%
Pretax Margin	8.15%
Profit Margin	6.56%
EBITDA Margin	49.00%
EBIT Margin	9.53%
FCF Margin	n/a

Dividends & Yields

Spartan Delta does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	0.30%
Buyback Yield	2.57%
Shareholder Yield	2.57%
Earnings Yield	3.17%
FCF Yield	-3.05%

Stock Splits

The last stock split was on June 4, 2020. It was a reverse split with a ratio of 0.01.

Last Split Date	Jun 4, 2020
Split Type	Reverse
Split Ratio	0.01

Scores

Spartan Delta has an Altman Z-Score of 1.88 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	1.88
Piotroski F-Score	3