Pilot (FRA:W53) ROCE %: 9.99% (As of Dec. 2025)


FRA:W53 Pilot Corp FRA:W53
77 GF Score
Price €26.44
GF Value €25.66
! 7 Warning Signs
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What is Pilot ROCE %?

Pilot FRA:W53 +2.18% 77 ROCE % is 9.99% as of Dec. 2025. 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.

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. Pilot's annualized ROCE % for the quarter that ended in Dec. 2025 was 9.99%.

Pilot  (FRA:W53) 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.

Pilot ROCE % Related Terms

Pilot ROCE % Historical Data

* Premium members only.

The historical data trend for Pilot'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.

Pilot ROCE % Chart

Pilot 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 20.39 19.33 15.34 15.25 11.80

Pilot 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 11.73 20.46 8.39 9.99 11.70
FRA:W53
77GF Score
Pilot Corp FRA:W53
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pilot ROCE % Calculation

Pilot'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 )
=102.032/( ( (1097.099 - 203.325) + (985.407 - 149.499) )/ 2 )
=102.032/( (893.774+835.908)/ 2 )
=102.032/864.841
=11.80 %

Pilot's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=83.628/( ( (1007.669 - 169.815) + (985.407 - 149.499) )/ 2 )
=83.628/( ( 837.854 + 835.908 )/ 2 )
=83.628/836.881
=9.99 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2025) 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 9.99% mean?
Pilot (FRA:W53) has a ROCE % of 9.99% as of Dec. 2025.
Is Pilot's ROCE % too high?
Pilot's current ROCE % is 9.99%. The Industrial Products industry median ROCE % is 7.10. Pilot's value of 9.99% is 40.7% above this industry median. Overall, Pilot has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Pilot's ROCE % compare to competitors?
Pilot's ROCE % of 9.99% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. Pilot's value of 9.99% is 40.7% above this benchmark. 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 Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 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. Pilot's current ROCE % of 9.99% is 40.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pilot's current ROCE % is 9.99%. 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 ROCE % of 9.99%. 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 ROCE % is 9.99% and 40.7% above the Industrial Products industry median of 7.10. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Pilot (FRA:W53), the current ROCE % is 9.99% 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:

  • ROCE %: 9.99%
  • GF Value™: €25.66 vs. price of €26.44 (3% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 40.7% above the Industrial Products median

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.
77GF Score

Get the complete analysis for FRA:W53

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

€26.44
Price
€25.66
GF Value