PilotPOGHF 77 Return-on-Tangible-Equity is 4.91% as of Dec. 2025, which is 69% below its 10-year median of 15.84. GuruFocus rates POGHF with a GF Score™ of 77/100 and a GF Value™ of $10.05 (Fairly Valued). The stock has 7 warning signs investors should review. Among 2,971 Industrial Products companies, Pilot ranks better than 61.93% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Pilot's annualized net income for the quarter that ended in Dec. 2025 was $44.0 Mil. Pilot's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $897.2 Mil. Therefore, Pilot's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 4.91%.
The historical rank and industry rank for Pilot's Return-on-Tangible-Equity or its related term are showing as below:
POGHF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.94 Med: 15.84 Max: 25.38
Current: 9.66
During the past 13 years, Pilot's highest Return-on-Tangible-Equity was 25.38%. The lowest was 8.94%. And the median was 15.84%.
POGHF's Return-on-Tangible-Equity is ranked better than 61.93% of 2971
companies
in the Industrial Products industry
Industry Median: 6.72
vs POGHF: 9.66
Pilot (OTCPK:POGHF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Pilot Return-on-Tangible-Equity Related Terms
Pilot Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Pilot's Return-on-Tangible-Equity 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.
Pilot Return-on-Tangible-Equity Competitor Comparison
For the Business Equipment & Supplies subindustry, Pilot's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pilot's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Pilot's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.91% mean?
Pilot (POGHF) has a Return-on-Tangible-Equity of 4.91% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Pilot and its competitors. This is 69% below median its historical median of 15.84. Over the past decade, Pilot's Return-on-Tangible-Equity has ranged from 8.94 to 25.38. According to the industry distribution chart, Pilot ranks #1131 out of 2971 companies in the Industrial Products industry, placing it in the top 38.1%.
Is Pilot's Return-on-Tangible-Equity too high?
Pilot's current Return-on-Tangible-Equity of 4.91% is 69% below median its 10-year median of 15.84. Over the past 10 years, this metric has ranged from a low of 8.94 to a high of 25.38. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Pilot's value of 4.91% is 26.9% below this industry median. Based on the distribution chart, Pilot ranks #1131 out of 2971 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Pilot has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pilot's Return-on-Tangible-Equity compare to competitors?
According to the Industrial Products industry distribution chart, Pilot ranks #1131 out of 2971 companies for Return-on-Tangible-Equity. This puts Pilot in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. Pilot's value of 4.91% is 26.9% below this benchmark. Historically, Pilot's own Return-on-Tangible-Equity has ranged from 8.94 to 25.38 over the past decade. While the company's 10-year median is 15.84 vs. the industry median of 6.72, Pilot 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 Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,971 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pilot's current Return-on-Tangible-Equity of 4.91% is 26.9% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Pilot and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pilot's current Return-on-Tangible-Equity is 4.91%, which is 69% below median its own 10-year median of 15.84. 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?
Based on GuruFocus' analysis, Pilot (POGHF) is currently considered Fairly Valued. The stock's GF Value™ is $10.05, compared to a current price of $10.45 — trading 4% above its estimated fair value. The current Return-on-Tangible-Equity is 4.91%, which is 69% below median its 10-year median of 15.84 and 26.9% below the Industrial Products industry median of 6.72. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Pilot (POGHF), the current Return-on-Tangible-Equity is 4.91% 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 (POGHF) Overvalued in 2026?
Based on GuruFocus' analysis, Pilot stock appears to be overvalued.
The current stock price of $10.45 is trading 4% above its estimated GF Value™ of $10.05.
GuruFocus considers Pilot to be Fairly Valued.
Key valuation signals for POGHF:
Return-on-Tangible-Equity: 4.91% (69% below median its 10-year median of 15.84)
GF Value™: $10.05 vs. price of $10.45 (4% above fair value)
Industry Position: 26.9% below the Industrial Products median (#1131 of 2971)
No single metric tells the full story. See the POGHF 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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