Pilot (FRA:W53) Interest Coverage: N/A (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:W53 Pilot Corp FRA:W53
73 GF Score
Price €10.46
GF Value €6.93
! 7 Warning Signs
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What is Pilot Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Pilot's Operating Income for the three months ended in Jun. 2026 was €0.0 Mil. Pilot's Interest Expense for the three months ended in Jun. 2026 was €0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Pilot Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Pilot's Interest Coverage or its related term are showing as below:

FRA:W53' s Interest Coverage Range Over the Past 10 Years
Min: 85.45   Med: 115.83   Max: 200.6
Current: 148.35


FRA:W53's Interest Coverage is ranked better than
85.84% of 2330 companies
in the Industrial Products industry
Industry Median: 14.62 vs FRA:W53: 148.35

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Pilot  (FRA:W53) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Pilot Interest Coverage Related Terms


Pilot Interest Coverage Historical Data

* Premium members only.

The historical data trend for Pilot's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Pilot Interest Coverage Chart

Pilot Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.13 193.05 94.04 120.30 200.44

Pilot Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage 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 324.45 131.89 107.92 90.22 N/A

Pilot Interest Coverage Competitor Comparison

For the Business Equipment & Supplies subindustry, Pilot's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Pilot Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pilot's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pilot's Interest Coverage falls into.


FRA:W53
73GF Score
Pilot Corp FRA:W53
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pilot Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pilot's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Pilot's Interest Expense was €-0.5 Mil. Its Operating Income was €91.2 Mil. And its Long-Term Debt & Capital Lease Obligation was €21.9 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*91.198/-0.455
=200.44

Pilot's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Pilot's Interest Expense was €0.0 Mil. Its Operating Income was €0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was €18.9 Mil.

GuruFocus does not calculate Pilot's interest coverage with the available 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.

The higher the ratio, the stronger the company's Financial Strength is.

Is Pilot (FRA:W53) Overvalued in 2026?

Based on GuruFocus' analysis, Pilot stock appears to be overvalued. The current stock price of €10.46 is trading 50.9% above its estimated GF Value™ of €6.93.

Key valuation signals for FRA:W53:

  • Interest Coverage: N/A
  • GF Value™: €6.93 vs. price of €10.46 (50.9% above fair value)
  • GF Score™: 73/100 with 7 warning signs

No single metric tells the full story. See the FRA:W53 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pilot Business Description

Other Exchanges POGHF:USA7846:Japan
Address 2-6-21 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8304
Pilot Corp is a Japanese company that manufactures, purchases, and distributes stationery items, including writing instruments, other stationery products, and toys, and relevant services. The company operates through four segments: Japan, the Americas, Europe, and Asia. The Japan segment distributes products through direct sales to retail stores in Japan, and this segment contributes a majority proportion of total group revenue. The Americas segment is mainly engaged in the manufacture and sales of ball pens in the United States, Mexico, and Brazil. The Europe segment operates in Sweden, the United Kingdom, Germany, France, and others. The Asia segment provides writing materials in Taiwan, mainland China, Hong Kong, Indonesia, Malaysia, and Singapore.
73GF Score

Get the complete analysis for FRA:W53

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

€10.46
Price
€6.93
GF Value