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Spartan DeltaDALXF +3.29%46 Earnings Yield (Joel Greenblatt) % is 4.27% as of Jun. 2026, which is 20% below its 10-year median of 5.35. GuruFocus rates DALXF with a GF Score™ of 46/100 and a GF Value™ of $3.63 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,033 Oil & Gas companies, Spartan Delta ranks worse than 53.92% on this metric.
Spartan Delta's Enterprise Value for the quarter that ended in Jun. 2026 was $1,796.3 Mil.
Spartan Delta's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $77.8 Mil. Spartan Delta's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.27%.
The historical rank and industry rank for Spartan Delta's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
DALXF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -742.09 Med: 5.35 Max: 3110.11
Current: 4.12
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Spartan Delta was 3110.11%. The lowest was -742.09%. And the median was 5.35%.
DALXF's Earnings Yield (Joel Greenblatt) % is ranked worse than 53.92% of 1033
companies
in the Oil & Gas industry
Industry Median: 4.94
vs DALXF: 4.12
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Spartan Delta's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was -26.18%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Spartan Delta Earnings Yield (Joel Greenblatt) % Related Terms
Spartan Delta Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Spartan Delta's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas E&P subindustry, Spartan Delta's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spartan Delta Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Spartan Delta's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Spartan Delta's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Spartan Deltas Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Spartan Delta's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $77.8 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.27% mean?
Spartan Delta (DALXF) has a Earnings Yield (Joel Greenblatt) % of 4.27% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Spartan Delta and its competitors. This is 20% below median its historical median of 5.35. According to the industry distribution chart, Spartan Delta ranks #557 out of 1033 companies in the Oil & Gas industry, placing it in the top 53.9%.
Is Spartan Delta's Earnings Yield (Joel Greenblatt) % too high?
Spartan Delta's current Earnings Yield (Joel Greenblatt) % of 4.27% is 20% below median its 10-year median of 5.35. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 4.94. Spartan Delta's value of 4.27% is 13.6% below this industry median. Based on the distribution chart, Spartan Delta ranks #557 out of 1033 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Spartan Delta has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spartan Delta's Earnings Yield (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Spartan Delta ranks #557 out of 1033 companies for Earnings Yield (Joel Greenblatt) %. This places Spartan Delta in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.94. Spartan Delta's value of 4.27% is 13.6% below this benchmark. While the company's 10-year median is 5.35 vs. the industry median of 4.94, Spartan Delta has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 4.94, based on 1,033 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spartan Delta's current Earnings Yield (Joel Greenblatt) % of 4.27% is 13.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Spartan Delta and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spartan Delta's current Earnings Yield (Joel Greenblatt) % is 4.27%, which is 20% below median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spartan Delta stock overvalued right now?
Based on GuruFocus' analysis, Spartan Delta (DALXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.63, compared to a current price of $8.53 — trading 135% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.27%, which is 20% below median its 10-year median of 5.35 and 13.6% below the Oil & Gas industry median of 4.94. Spartan Delta's overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Spartan Delta (DALXF), the current Earnings Yield (Joel Greenblatt) % is 4.27% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spartan Delta (DALXF) Overvalued in 2026?
Based on GuruFocus' analysis, Spartan Delta stock appears to be overvalued.
The current stock price of $8.53 is trading 135% above its estimated GF Value™ of $3.63.
GuruFocus considers Spartan Delta to be Significantly Overvalued.
Key valuation signals for DALXF:
Earnings Yield (Joel Greenblatt) %: 4.27% (20% below median its 10-year median of 5.35)
GF Value™: $3.63 vs. price of $8.53 (135% above fair value)
Industry Position: 13.6% below the Oil & Gas median (#557 of 1033)
No single metric tells the full story. See the DALXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spartan Delta Corp is an oil and gas exploration and production company. The company is engaged in the exploration, development, and production of crude oil and natural gas properties in western Canada. The company operates and focuses its activities in west central Alberta, the Deep Basin and in the West Shale Basin Duvernay. It is a differentiated energy company whose ESG-focused culture is centered on generating sustainable free cash flow through oil and gas exploration and development.
46GF Score
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