Spartan Delta (TSX:SDE) ROCE %: -6.10% (As of Mar. 2026)

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TSX:SDE Spartan Delta Corp TSX:SDE
52 GF Score
Price C$12.12
GF Value C$5.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Spartan Delta ROCE %?

Spartan Delta TSX:SDE -1.30% 52 ROCE % is -6.10% as of Mar. 2026. GuruFocus rates TSX:SDE with a GF Score™ of 52/100 and a GF Value™ of C$5.24 (Significantly Overvalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Spartan Delta's annualized ROCE % for the quarter that ended in Mar. 2026 was -6.10%.

Spartan Delta  (TSX:SDE) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Spartan Delta ROCE % Related Terms

Spartan Delta ROCE % Historical Data

* Premium members only.

The historical data trend for Spartan Delta's ROCE % 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.

Spartan Delta ROCE % Chart

Spartan Delta Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.48 44.51 66.21 8.71 12.96

Spartan Delta Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.76 25.67 4.91 24.24 -6.10
TSX:SDE
52GF Score
Spartan Delta Corp TSX:SDE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spartan Delta ROCE % Calculation

Spartan Delta's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=102.802/( ( (933.144 - 242.371) + (1173.314 - 277.238) )/ 2 )
=102.802/( (690.773+896.076)/ 2 )
=102.802/793.4245
=12.96 %

Spartan Delta's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-55.268/( ( (1173.314 - 277.238) + (1348.334 - 432.919) )/ 2 )
=-55.268/( ( 896.076 + 915.415 )/ 2 )
=-55.268/905.7455
=-6.10 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -6.10% mean?
Spartan Delta (TSX:SDE) has a ROCE % of -6.10% as of Mar. 2026.
Is Spartan Delta's ROCE % too high?
Spartan Delta's current ROCE % is -6.10%. Overall, Spartan Delta has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spartan Delta's ROCE % compare to COP and EOG?
Spartan Delta's ROCE % of -6.10% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.87. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.87, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spartan Delta's current ROCE % is -6.10%. 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 (TSX:SDE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$5.24, compared to a current price of C$12.12 — trading 131.3% above its estimated fair value. The current ROCE % is -6.10%. Spartan Delta's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Spartan Delta (TSX:SDE), the current ROCE % is -6.10% as of Mar. 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 (TSX:SDE) Overvalued in 2026?

Based on GuruFocus' analysis, Spartan Delta stock appears to be overvalued. The current stock price of C$12.12 is trading 131.3% above its estimated GF Value™ of C$5.24. GuruFocus considers Spartan Delta to be Significantly Overvalued.

Key valuation signals for TSX:SDE:

  • ROCE %: -6.10%
  • GF Value™: C$5.24 vs. price of C$12.12 (131.3% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the TSX:SDE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Spartan Delta Business Description

Industry EnergyOil & Gas
Other Exchanges DALXF:USA4YJ0:Germany
Address 350 - 7 th Avenue SW, Suite 1400, First Canadian Centre, Calgary, AB, CAN, T2P 3N9
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.
52GF Score

Get the complete analysis for TSX:SDE

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$12.12
Price
C$5.24
GF Value