Financials Spartan Delta Toronto S.E.

Equities

SDE

CA84678A1021

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. 01:30:00 10/05/2024 am IST 5-day change 1st Jan Change
4.28 CAD -0.47% Intraday chart for Spartan Delta +7.77% -71.45%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 130.5 173.2 914.5 2,334 516.1 744.8 - -
Enterprise Value (EV) 1 130.5 220.2 1,356 2,473 591.4 782.8 686.6 779.8
P/E ratio -500 x 3.47 x 2.39 x 3.85 x 0.78 x 17.2 x 8.27 x -
Yield - - - - 322% - - -
Capitalization / Revenue - 1.91 x 1.5 x 1.59 x 0.79 x 2.02 x 1.57 x -
EV / Revenue - 2.42 x 2.23 x 1.69 x 0.91 x 2.12 x 1.45 x -
EV / EBITDA - 5.58 x 3.56 x 2.55 x 1.41 x 4.02 x 2.59 x 2.29 x
EV / FCF - -2.38 x 12.4 x 6.53 x 3.04 x 20.6 x 7.29 x 20 x
FCF Yield - -42% 8.04% 15.3% 32.9% 4.86% 13.7% 5%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 26,106 58,106 1,53,186 1,56,133 1,73,201 1,73,201 - -
Reference price 2 5.000 2.980 5.970 14.95 2.980 4.300 4.300 4.300
Announcement Date 07/04/20 12/03/21 15/02/22 02/03/23 26/02/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - 90.84 608.1 1,464 652.8 369.5 473 -
EBITDA 1 - 39.46 381.1 967.8 419.7 194.8 264.8 340
EBIT - 12.33 - - - - - -
Operating Margin - 13.57% - - - - - -
Earnings before Tax (EBT) - 41.04 - - - - - -
Net income 1 -1.998 47.66 - - - 193 346 -
Net margin - 52.47% - - - 52.23% 73.15% -
EPS 2 -0.0100 0.8600 2.500 3.880 3.820 0.2500 0.5200 -
Free Cash Flow 1 - -92.52 108.9 378.5 194.5 38.03 94.22 39
FCF margin - -101.85% 17.91% 25.84% 29.8% 10.29% 19.92% -
FCF Conversion (EBITDA) - - 28.58% 39.11% 46.34% 19.53% 35.59% 11.47%
FCF Conversion (Net income) - - - - - 19.71% 27.23% -
Dividend per Share 2 - - - - 9.600 - - -
Announcement Date 07/04/20 12/03/21 15/02/22 02/03/23 26/02/24 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales - - - - - - - - - - - - -
EBITDA 1 193.4 211.7 292.8 230 233.3 189.7 85.08 39.05 54.48 42.8 41 - -
EBIT - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - -
Net income - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - -
EPS 0.7600 0.3600 1.050 1.640 0.8700 0.4900 2.640 0.0500 0.6400 0.0600 - - -
Dividend per Share 2 - - - - - - 9.500 - - - - - -
Announcement Date 15/02/22 10/05/22 09/08/22 08/11/22 02/03/23 12/05/23 02/08/23 07/11/23 26/02/24 07/05/24 - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 47.1 441 138 75.3 38.1 - 35
Net Cash position 1 - - - - - - 58.2 -
Leverage (Debt/EBITDA) - 1.193 x 1.157 x 0.143 x 0.1794 x 0.1955 x - 0.1029 x
Free Cash Flow 1 - -92.5 109 378 195 38 94.2 39
ROE (net income / shareholders' equity) - 12.1% - 56.7% 68.1% 10% 17% -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share 2 - 0.5800 2.080 4.640 2.740 1.060 1.340 1.710
Capex 1 - 125 171 417 281 194 160 250
Capex / Sales - 137.31% 28.09% 28.47% 43.07% 52.55% 33.89% -
Announcement Date 07/04/20 12/03/21 15/02/22 02/03/23 26/02/24 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
4.3 CAD
Average target price
5.462 CAD
Spread / Average Target
+27.01%
Consensus
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