PilotFRA:W53 +2.18%77 Pretax Margin % is 11.88% as of Dec. 2025, which is 38% below its 10-year median of 19.21. GuruFocus rates FRA:W53 with a GF Score™ of 77/100 and a GF Value™ of €25.66. The stock has 7 warning signs investors should review. Among 3,038 Industrial Products companies, Pilot ranks better than 80.41% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Pilot's Pre-Tax Income for the
three
months ended in Dec. 2025 was €20.8 Mil. Pilot's Revenue for the
three
months ended in Dec. 2025 was €174.9 Mil. Therefore, Pilot's pretax margin for the quarter that ended in Dec. 2025 was 11.88%.
The historical rank and industry rank for Pilot's Pretax Margin % or its related term are showing as below:
FRA:W53'
s Pretax Margin % Range Over the Past 10 Years
Min: 14.51 Med: 19.21 Max: 21.4
Current: 14.51
FRA:W53's Pretax Margin % is ranked better than 80.41% of 3038
companies
in the Industrial Products industry
Industry Median: 5.85
vs FRA:W53: 14.51
Pilot (FRA:W53) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Pilot Pretax Margin % Related Terms
Pilot Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Pilot's Pretax Margin % 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 Business Equipment & Supplies subindustry, Pilot's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pilot's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Pilot's Pretax Margin % falls into.
* 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.
Pilot (FRA:W53) has a Pretax Margin % of 11.88% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Pilot and its competitors. This is 38% below median its historical median of 19.21. Over the past decade, Pilot's Pretax Margin % has ranged from 14.51 to 21.40. According to the industry distribution chart, Pilot ranks #595 out of 3038 companies in the Industrial Products industry, placing it in the top 19.6%.
Is Pilot's Pretax Margin % too high?
Pilot's current Pretax Margin % of 11.88% is 38% below median its 10-year median of 19.21. Over the past 10 years, this metric has ranged from a low of 14.51 to a high of 21.40. The Industrial Products industry median Pretax Margin % is 5.85. Pilot's value of 11.88% is 103.1% above this industry median. Based on the distribution chart, Pilot ranks #595 out of 3038 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pilot has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Pilot's Pretax Margin % compare to competitors?
According to the Industrial Products industry distribution chart, Pilot ranks #595 out of 3038 companies for Pretax Margin %. This places Pilot in the top 20% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 5.85. Pilot's value of 11.88% is 103.1% above this benchmark. Historically, Pilot's own Pretax Margin % has ranged from 14.51 to 21.40 over the past decade. While the company's 10-year median is 19.21 vs. the industry median of 5.85, Pilot has consistently been above 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 Pretax Margin % for an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.85, based on 3,038 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pilot's current Pretax Margin % of 11.88% is 103.1% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Pilot and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pilot's current Pretax Margin % is 11.88%, which is 38% below median its own 10-year median of 19.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilot stock overvalued right now?
Pilot (FRA:W53) has a current Pretax Margin % of 11.88%. The stock's GF Value™ is €25.66, compared to a current price of €26.44 — trading 3% above its estimated fair value. The current Pretax Margin % is 11.88%, which is 38% below median its 10-year median of 19.21 and 103.1% above the Industrial Products industry median of 5.85. Pilot's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Pilot (FRA:W53), the current Pretax Margin % is 11.88% as of Dec. 2025. 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 Pilot (FRA:W53) Overvalued in 2026?
Based on GuruFocus' analysis, Pilot stock appears to be overvalued.
The current stock price of €26.44 is trading 3% above its estimated GF Value™ of €25.66.
Key valuation signals for FRA:W53:
Pretax Margin %: 11.88% (38% below median its 10-year median of 19.21)
GF Value™: €25.66 vs. price of €26.44 (3% above fair value)
Industry Position: 103.1% above the Industrial Products median (#595 of 3038)
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 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.
77GF Score
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