Home / SDE.TO : TSX

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does SDE.TO make money? Does SDE.TO have pricing power? What's the Earnings Whisper? Will SDE.TO profit more as the business scales? What is SDE.TO's management track record? Is SDE.TO's current price justified?

Spartan Delta Corp

CAD 13.84 +$6.37 (+85.27%)

TSX · 15 Sep 2026 20:00 UTC

Previous Close

CAD 13.36

Day Range

CAD 13.39CAD 14.08

Year Range

CAD 5.08CAD 14.4

Market Cap

2.84B

AVG Volume

716.19K

Trailing/Forward PE

40.85/12.46

PEG ratio

0.38

Dividend Yield

Next Earnings Date

2026-11-03

Primary Exchange

Toronto Stock Exchange

Revenue (CAD)

SDE.TO Revenue (CAD) by year
Period	Revenue (CAD)
2025	393.45M
2024	277.62M
2023	662.36M
2022	1.48B
2021	618.84M
2020	99.71M
2019	1.65M
2018	2.03M
2017	2.24M
2016	529.37K

Net Income (CAD)

SDE.TO Net Income (CAD) by year
Period	Net Income (CAD)
2025	70.02M
2024	34.28M
2023	663.11M
2022	681.09M
2021	334.22M
2020	47.66M
2019	-2M
2018	-3.16M
2017	-2.25M
2016	-391.32K

Operating Income (CAD)

SDE.TO Operating Income (CAD) by year
Period	Operating Income (CAD)
2025	52.08M
2024	25.51M
2023	213.62M
2022	775.93M
2021	289.57M
2020	-3.07M
2019	-4.03M
2018	-3.51M
2017	-2.77M
2016	-735.74K

EBITDA (CAD)

SDE.TO EBITDA (CAD) by year
Period	EBITDA (CAD)
2025	228.72M
2024	165.87M
2023	939.04M
2022	953.5M
2021	475.32M
2020	71.59M
2019	-1.71M
2018	-1.79M
2017	-1.69M
2016	-491.85K

Cash Flows (CAD)

SDE.TO Cash Flows (CAD) by year
Period	Cash Flows (CAD)
2025	-115.97M
2024	15.49M
2023	180.62M
2022	354.75M
2021	-333.3M
2020	-93.83M
2019	-1.33M
2018	-5.16M
2017	-2.14M
2016	-313.48K

EPS (CAD)

SDE.TO EPS (CAD) by year
Period	EPS (CAD)
2025	0.35
2024	0.2
2023	3.82
2022	3.92
2021	2.5
2020	0.87
2019	-1.75
2018	-2.84
2017	-4.3
2016	-2.74

Expenses (CAD)

SDE.TO Expenses (CAD) by year
Period	Expenses (CAD)
2025	366.57M
2024	184.37M
2023	378.85M
2022	553.1M
2021	675.41M
2020	144.51M
2019	1.27M
2018	4.71M
2017	2.33M
2016	536.41K

Cash & Debt (CAD)

SDE.TO Cash & Debt (CAD) by year
Period	Cash & Debt (CAD)
2025	151.12M
2024	924K
2023	406K
2022	124.4M
2021	1.25M
2020	2.69M
2019	24.65M
2018	974.81K
2017	5.79M
2016	602.85K

Debt ratios

SDE.TO Debt ratios by year
Period	Debt ratios
2025	0.02
2024	0.06
2023	0.03
2022	0.04
2021	0.81
2020	0.71
2019	4.35
2018	-0.23

Margins

SDE.TO Margins by year
Period	Margins
2025	35.37%
2024	28.35%
2023	67.05%
2022	74.85%
2021	72.61%
2020	63.89%
2019	-38.98%
2018	17.36%
2017	45.47%
2016	60.74%

Return on Capital

SDE.TO Return on Capital by year
Period	Return on Capital
2025	10.79%
2024	7.27%
2023	154.31%
2022	44.9%
2021	37.69%
2020	34.65%
2019	-7.79%
2018	-103.68%
2017	-38.31%
2016	-42.52%

Shares Outstanding

SDE.TO Shares Outstanding by year
Period	Shares Outstanding
2025	200.5M
2024	173.41M
2023	173.2M
2022	160.81M
2021	153.29M
2020	68.29M
2019	26.11M
2018	1.11M
2017	1.11M
2016	286.85K

Dividends (CAD)

SDE.TO Dividends (CAD) by year
Period	Dividends (CAD)
2023	9.6
2022	0.5

Book Value Per Share (CAD)

SDE.TO Book Value Per Share (CAD) by year
Period	Book Value Per Share (CAD)
2025	3.24
2024	2.72
2023	2.48
2022	9.43
2021	5.78
2020	2.01
2019	0.98
2018	2.75
2017	5.31
2016	3.21

Total Assets (CAD)

SDE.TO Total Assets (CAD) by year
Period	Total Assets (CAD)
2025	1.17B
2024	933.14M
2023	819.52M
2022	2.1B
2021	1.74B
2020	331.43M
2019	34.25M
2018	12.27M
2017	15.21M
2016	9.84M

PE Ratio

SDE.TO PE Ratio by year
Period	PE Ratio
Sep 26	45.25
Sep 26	44.07
Sep 26	42.54
Aug 26	42.34
Aug 26	43.75
Aug 26	39.72
Aug 26	37.04
Jul 26	38.91
Jul 26	39.63
Jul 26	37.53
Jul 26	36.68
Jul 26	37.79
Jun 26	32.1
Jun 26	32.25
Jun 26	34.34
Jun 26	34.59
May 26	33.51
May 26	37.63
May 26	40.29
May 26	36.11
May 26	38.95
Apr 26	36.25
Apr 26	32.59
Apr 26	33.22
Apr 26	35.34
Mar 26	67.95
Mar 26	62.23
Mar 26	58.47
Mar 26	55.22
Feb 26	56.41
Feb 26	52.7
Feb 26	49.87
Feb 26	49.82
Jan 26	47.19
Jan 26	45.54
Jan 26	42.29
Jan 26	38.89
Jan 26	38.48
Dec 25	34.02
Dec 25	33.22
Dec 25	35.67
Dec 25	36.76
Nov 25	35.67
Nov 25	35.34
Nov 25	33.18
Nov 25	32.05
Oct 25	29.6
Oct 25	28.09
Oct 25	25.12
Oct 25	25.35
Oct 25	25.07
Sep 25	58.16
Sep 25	54.64
Sep 25	54.22
Sep 25	51.12
Aug 25	52.08
Aug 25	54
Aug 25	52.61
Aug 25	52.72
Aug 25	48.77
Jul 25	49.31
Jul 25	49.2
Jul 25	46.85
Jul 25	40.55
Jun 25	19.22
Jun 25	19.83
Jun 25	19.07
Jun 25	17.55
May 25	15.58
May 25	15.23
May 25	14.32
May 25	13.61
May 25	13.71
Apr 25	14.47
Apr 25	14.97
Apr 25	13.81
Apr 25	13.91
Mar 25	4.01
Mar 25	4.13
Mar 25	3.84
Mar 25	3.75
Feb 25	4.03
Feb 25	4.3
Feb 25	4.58
Feb 25	4.51
Jan 25	4.72
Jan 25	4.92
Jan 25	4.85
Jan 25	5.02
Jan 25	4.44
Dec 24	3.87
Dec 24	3.73
Dec 24	3.69
Dec 24	3.84
Nov 24	4.22
Nov 24	4.39
Nov 24	3.96
Nov 24	3.94
Nov 24	4.08
Oct 24	4.36

Free Cash Flow Yield

SDE.TO Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	-4.39%
Sep 26	-4.51%
Sep 26	-4.67%
Aug 26	-4.69%
Aug 26	-4.54%
Aug 26	-5%
Aug 26	-5.36%
Jul 26	-5.11%
Jul 26	-5.01%
Jul 26	-5.29%
Jul 26	-5.42%
Jul 26	-5.26%
Jun 26	-5.16%
Jun 26	-5.14%
Jun 26	-4.82%
Jun 26	-4.79%
May 26	-4.94%
May 26	-4.4%
May 26	-4.11%
May 26	-4.59%
May 26	-4.25%
Apr 26	-4.57%
Apr 26	-5.08%
Apr 26	-4.99%
Apr 26	-4.69%
Mar 26	-3.28%
Mar 26	-3.58%
Mar 26	-3.81%
Mar 26	-4.03%
Feb 26	-3.95%
Feb 26	-4.23%
Feb 26	-4.47%
Feb 26	-4.47%
Jan 26	-4.72%
Jan 26	-4.89%
Jan 26	-5.27%
Jan 26	-5.73%
Jan 26	-5.79%
Dec 25	-5.24%
Dec 25	-5.37%
Dec 25	-5%
Dec 25	-4.85%
Nov 25	-5%
Nov 25	-5.05%
Nov 25	-5.38%
Nov 25	-5.57%
Oct 25	-6.03%
Oct 25	-6.35%
Oct 25	-7.1%
Oct 25	-7.03%
Oct 25	-7.11%
Sep 25	-0.39%
Sep 25	-0.42%
Sep 25	-0.42%
Sep 25	-0.45%
Aug 25	-0.44%
Aug 25	-0.42%
Aug 25	-0.44%
Aug 25	-0.43%
Aug 25	-0.47%
Jul 25	-0.46%
Jul 25	-0.47%
Jul 25	-0.49%
Jul 25	-0.57%
Jun 25	2.35%
Jun 25	2.28%
Jun 25	2.37%
Jun 25	2.57%
May 25	2.9%
May 25	2.97%
May 25	3.16%
May 25	3.32%
May 25	3.3%
Apr 25	3.12%
Apr 25	3.02%
Apr 25	3.27%
Apr 25	3.25%
Mar 25	5.07%
Mar 25	4.92%
Mar 25	5.3%
Mar 25	5.42%
Feb 25	5.04%
Feb 25	4.73%
Feb 25	4.44%
Feb 25	4.51%
Jan 25	4.31%
Jan 25	4.14%
Jan 25	4.19%
Jan 25	4.05%
Jan 25	4.58%
Dec 24	14.31%
Dec 24	14.81%
Dec 24	15%
Dec 24	14.4%
Nov 24	13.09%
Nov 24	12.6%
Nov 24	13.96%
Nov 24	14.05%
Nov 24	13.55%
Oct 24	12.7%

Price to Sales

SDE.TO Price to Sales by year
Period	Price to Sales
Sep 26	6.4
Sep 26	6.23
Sep 26	6.01
Aug 26	5.99
Aug 26	6.19
Aug 26	5.62
Aug 26	5.24
Jul 26	5.5
Jul 26	5.6
Jul 26	5.31
Jul 26	5.19
Jul 26	5.34
Jun 26	5.71
Jun 26	5.74
Jun 26	6.11
Jun 26	6.16
May 26	5.96
May 26	6.7
May 26	7.17
May 26	6.43
May 26	6.93
Apr 26	6.45
Apr 26	5.8
Apr 26	5.91
Apr 26	6.29
Mar 26	7.52
Mar 26	6.89
Mar 26	6.47
Mar 26	6.11
Feb 26	6.25
Feb 26	5.84
Feb 26	5.52
Feb 26	5.52
Jan 26	5.23
Jan 26	5.04
Jan 26	4.68
Jan 26	4.31
Jan 26	4.26
Dec 25	3.9
Dec 25	3.81
Dec 25	4.09
Dec 25	4.22
Nov 25	4.09
Nov 25	4.05
Nov 25	3.81
Nov 25	3.68
Oct 25	3.39
Oct 25	3.22
Oct 25	2.88
Oct 25	2.91
Oct 25	2.88
Sep 25	3.49
Sep 25	3.28
Sep 25	3.25
Sep 25	3.07
Aug 25	3.13
Aug 25	3.24
Aug 25	3.16
Aug 25	3.16
Aug 25	2.93
Jul 25	2.96
Jul 25	2.95
Jul 25	2.81
Jul 25	2.43
Jun 25	2.37
Jun 25	2.45
Jun 25	2.35
Jun 25	2.17
May 25	1.92
May 25	1.88
May 25	1.77
May 25	1.68
May 25	1.69
Apr 25	1.79
Apr 25	1.85
Apr 25	1.71
Apr 25	1.72
Mar 25	1.99
Mar 25	2.06
Mar 25	1.91
Mar 25	1.86
Feb 25	2.01
Feb 25	2.14
Feb 25	2.28
Feb 25	2.24
Jan 25	2.35
Jan 25	2.44
Jan 25	2.41
Jan 25	2.49
Jan 25	2.21
Dec 24	1.81
Dec 24	1.74
Dec 24	1.72
Dec 24	1.8
Nov 24	1.97
Nov 24	2.05
Nov 24	1.85
Nov 24	1.84
Nov 24	1.91
Oct 24	2.03

EV/EBITDA

SDE.TO EV/EBITDA by year
Period	EV/EBITDA
Sep 26	9.95
Sep 26	9.7
Sep 26	9.38
Aug 26	9.34
Aug 26	9.63
Aug 26	8.78
Aug 26	8.21
Jul 26	8.61
Jul 26	8.76
Jul 26	8.32
Jul 26	8.14
Jul 26	8.37
Jun 26	9.99
Jun 26	10.03
Jun 26	10.67
Jun 26	10.75
May 26	10.42
May 26	11.68
May 26	12.5
May 26	11.22
May 26	12.08
Apr 26	11.26
Apr 26	10.14
Apr 26	10.33
Apr 26	10.98
Mar 26	13.56
Mar 26	12.41
Mar 26	11.65
Mar 26	11
Feb 26	11.24
Feb 26	10.49
Feb 26	9.92
Feb 26	9.91
Jan 26	9.38
Jan 26	9.05
Jan 26	8.4
Jan 26	7.71
Jan 26	7.63
Dec 25	7.51
Dec 25	7.35
Dec 25	7.85
Dec 25	8.08
Nov 25	7.85
Nov 25	7.78
Nov 25	7.34
Nov 25	7.1
Oct 25	6.6
Oct 25	6.29
Oct 25	5.67
Oct 25	5.72
Oct 25	5.66
Sep 25	7.31
Sep 25	6.89
Sep 25	6.84
Sep 25	6.47
Aug 25	6.58
Aug 25	6.81
Aug 25	6.65
Aug 25	6.66
Aug 25	6.18
Jul 25	6.25
Jul 25	6.23
Jul 25	5.95
Jul 25	5.19
Jun 25	4.85
Jun 25	4.98
Jun 25	4.82
Jun 25	4.51
May 25	4.1
May 25	4.03
May 25	3.84
May 25	3.69
May 25	3.71
Apr 25	3.87
Apr 25	3.97
Apr 25	3.73
Apr 25	3.75
Mar 25	3.62
Mar 25	3.71
Mar 25	3.49
Mar 25	3.43
Feb 25	3.64
Feb 25	3.83
Feb 25	4.04
Feb 25	3.98
Jan 25	4.14
Jan 25	4.28
Jan 25	4.24
Jan 25	4.36
Jan 25	3.94
Dec 24	2.73
Dec 24	2.64
Dec 24	2.61
Dec 24	2.72
Nov 24	2.99
Nov 24	3.11
Nov 24	2.8
Nov 24	2.79
Nov 24	2.89
Oct 24	3.09

Price/Operating Cashflow

SDE.TO Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	11
Sep 26	10.71
Sep 26	10.34
Aug 26	10.29
Aug 26	10.63
Aug 26	9.65
Aug 26	9
Jul 26	9.45
Jul 26	9.63
Jul 26	9.12
Jul 26	8.91
Jul 26	9.18
Jun 26	10.2
Jun 26	10.24
Jun 26	10.91
Jun 26	10.99
May 26	10.64
May 26	11.95
May 26	12.8
May 26	11.47
May 26	12.37
Apr 26	11.52
Apr 26	10.35
Apr 26	10.55
Apr 26	11.23
Mar 26	13.2
Mar 26	12.09
Mar 26	11.36
Mar 26	10.73
Feb 26	10.96
Feb 26	10.24
Feb 26	9.69
Feb 26	9.68
Jan 26	9.17
Jan 26	8.85
Jan 26	8.22
Jan 26	7.56
Jan 26	7.48
Dec 25	6.96
Dec 25	6.8
Dec 25	7.3
Dec 25	7.52
Nov 25	7.3
Nov 25	7.23
Nov 25	6.79
Nov 25	6.56
Oct 25	6.06
Oct 25	5.75
Oct 25	5.14
Oct 25	5.19
Oct 25	5.13
Sep 25	5.72
Sep 25	5.37
Sep 25	5.33
Sep 25	5.03
Aug 25	5.12
Aug 25	5.31
Aug 25	5.17
Aug 25	5.19
Aug 25	4.8
Jul 25	4.85
Jul 25	4.84
Jul 25	4.61
Jul 25	3.99
Jun 25	3.79
Jun 25	3.91
Jun 25	3.76
Jun 25	3.46
May 25	3.07
May 25	3
May 25	2.82
May 25	2.68
May 25	2.7
Apr 25	2.85
Apr 25	2.95
Apr 25	2.72
Apr 25	2.74
Mar 25	3.13
Mar 25	3.22
Mar 25	2.99
Mar 25	2.92
Feb 25	3.15
Feb 25	3.35
Feb 25	3.57
Feb 25	3.51
Jan 25	3.68
Jan 25	3.83
Jan 25	3.79
Jan 25	3.91
Jan 25	3.47
Dec 24	2.71
Dec 24	2.62
Dec 24	2.58
Dec 24	2.69
Nov 24	2.96
Nov 24	3.07
Nov 24	2.77
Nov 24	2.76
Nov 24	2.86
Oct 24	3.05

Price to Book

SDE.TO Price to Book by year
Period	Price to Book
Sep 26	4.33
Sep 26	4.22
Sep 26	4.07
Aug 26	4.05
Aug 26	4.19
Aug 26	3.8
Aug 26	3.54
Jul 26	3.72
Jul 26	3.79
Jul 26	3.59
Jul 26	3.51
Jul 26	3.62
Jun 26	3.47
Jun 26	3.48
Jun 26	3.71
Jun 26	3.73
May 26	3.62
May 26	4.06
May 26	4.35
May 26	3.9
May 26	4.2
Apr 26	3.91
Apr 26	3.52
Apr 26	3.59
Apr 26	3.81
Mar 26	4.34
Mar 26	3.97
Mar 26	3.73
Mar 26	3.53
Feb 26	3.6
Feb 26	3.36
Feb 26	3.18
Feb 26	3.18
Jan 26	3.01
Jan 26	2.91
Jan 26	2.7
Jan 26	2.48
Jan 26	2.46
Dec 25	2.1
Dec 25	2.05
Dec 25	2.2
Dec 25	2.27
Nov 25	2.2
Nov 25	2.18
Nov 25	2.05
Nov 25	1.98
Oct 25	1.83
Oct 25	1.74
Oct 25	1.55
Oct 25	1.57
Oct 25	1.55
Sep 25	1.85
Sep 25	1.74
Sep 25	1.73
Sep 25	1.63
Aug 25	1.66
Aug 25	1.72
Aug 25	1.67
Aug 25	1.68
Aug 25	1.55
Jul 25	1.57
Jul 25	1.57
Jul 25	1.49
Jul 25	1.29
Jun 25	1.4
Jun 25	1.44
Jun 25	1.39
Jun 25	1.28
May 25	1.13
May 25	1.11
May 25	1.04
May 25	0.99
May 25	1
Apr 25	1.05
Apr 25	1.09
Apr 25	1
Apr 25	1.01
Mar 25	1.21
Mar 25	1.24
Mar 25	1.15
Mar 25	1.13
Feb 25	1.21
Feb 25	1.29
Feb 25	1.38
Feb 25	1.36
Jan 25	1.42
Jan 25	1.48
Jan 25	1.46
Jan 25	1.51
Jan 25	1.34
Dec 24	1.22
Dec 24	1.18
Dec 24	1.17
Dec 24	1.22
Nov 24	1.34
Nov 24	1.39
Nov 24	1.25
Nov 24	1.25
Nov 24	1.29
Oct 24	1.38

No video analysis for this stock yet. Request one from our team.

AI Analysis

Spartan Delta Corp

Video analysis: SDE.TO

Similar companies