Companies by Tangible Net Worth Ratio

Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets

Average Tangible NW Ratio

100.0%
Across companies on this page

Companies with Data

31,440
With positive equity and balance sheet data
Tangible Net Worth Ratio = (Net Assets − Intangible Assets) / Net Assets × 100
Measures the quality of equity by removing intangible assets (goodwill, patents, brand value). Companies with 100% have no intangibles in their equity base; companies below 0% have intangibles exceeding their total equity. Only companies with positive net assets are included.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
101 East Coast Furnitech Public Company Limited
BK:ECF 		100.0% ฿565.80 Million
≈ $17.64 Million 		฿0.00 Thailand Sep 2025
102 Top High Image
TWO:3284 		100.0% NT$1.79 Billion
≈ $56.39 Million 		NT$0.00 Taiwan Mar 2026
103 Smr Utama Tbk
JK:SMRU 		100.0% Rp19.34 Billion
≈ $1.13 Million 		Rp0.00 Indonesia Dec 2024
104 Pappajack Bhd
KLSE:0242 		100.0% RM272.10 Million
≈ $68.31 Million 		RM0.00 Malaysia Jun 2025
105 Wam Microcap Ltd
AU:WMI 		100.0% AU$412.73 Million
≈ $292.03 Million 		AU$0.00 Australia Dec 2025
106 Shanghai 2345 Network Holding Group
SHE:002195 		100.0% CN¥9.90 Billion
≈ $1.45 Billion 		CN¥0.00 China Mar 2026
107 Orogen Royalties Inc
V:OGN 		100.0% CA$34.40 Million
≈ $24.89 Million 		CA$0.00 Canada Mar 2026
108 CAIRO MEZZ PLC EO-10
F:6H3 		100.0% €145.87 Million
≈ $170.54 Million 		€0.00 Germany Dec 2025
109 BeyondSpring Inc
NASDAQ:BYSI 		100.0% $11.73 Million $0.00 USA Dec 2022
110 Dream Industrial Real Estate Investment Trust
TO:DIR-UN 		100.0% CA$4.72 Billion
≈ $3.41 Billion 		CA$0.00 Canada Jun 2026
111 EnBW Energie Baden-Württemberg AG
XETRA:EBK 		100.0% €21.82 Billion
≈ $25.51 Billion 		€0.00 Germany Jun 2026
112 Trematon Capital Investments
JSE:TMT 		100.0% ZAC652.28 Million
≈ $346.65K 		ZAC0.00 South Africa Feb 2025
113 CryptoStar Corp
V:CSTR 		100.0% CA$1.33 Million
≈ $959.53K 		CA$0.00 Canada Mar 2026
114 Austral Resources Australia Ltd
AU:AR1 		100.0% AU$36.31 Million
≈ $25.69 Million 		AU$0.00 Australia Dec 2025
115 Deutsche Pfandbriefbank AG
XETRA:PBB 		100.0% €3.10 Billion
≈ $3.63 Billion 		€0.00 Germany Mar 2026
116 Atlas Copco AB Series A
ST:ATCO-A 		100.0% Skr122.01 Billion
≈ $13.13 Billion 		Skr0.00 Sweden Mar 2026
117 Midnight Sun Mining Corp
V:MMA 		100.0% CA$44.92 Million
≈ $32.49 Million 		CA$0.00 Canada Dec 2025
118 Stonehorse Energy Ltd
AU:SHE 		100.0% AU$13.36 Million
≈ $9.45 Million 		AU$0.00 Australia Dec 2025
119 Wall Financial Corporation
TO:WFC 		100.0% CA$187.30 Million
≈ $135.49 Million 		CA$0.00 Canada Apr 2026
120 Team Precision Public Company Limited
BK:TEAM 		100.0% ฿1.35 Billion
≈ $42.12 Million 		฿0.00 Thailand Sep 2025
121 BancFirst Corporation
NASDAQ:BANF 		100.0% $6.04 Billion $0.00 USA Dec 2025
122 Turk Prysmian Kablo ve Sistemleri AS
IS:PRKAB 		100.0% TL868.77 Million
≈ $19.46 Million 		TL0.00 Turkey Mar 2026
123 Canadian North Resources Inc.
V:CNRI 		100.0% CA$42.63 Million
≈ $30.83 Million 		CA$0.00 Canada Dec 2025
124 Hsinli Chemical Industrial
TWO:4303 		100.0% NT$3.97 Billion
≈ $125.20 Million 		NT$0.00 Taiwan Dec 2025
125 BJs Restaurants Inc
NASDAQ:BJRI 		100.0% $372.53 Million $0.00 USA Mar 2026
126 SKP Resources Bhd
KLSE:7155 		100.0% RM972.66 Million
≈ $244.20 Million 		RM0.00 Malaysia Dec 2025
127 Cottonindo Ariesta Tbk PT
JK:KPAS 		100.0% Rp117.14 Million
≈ $6.86K 		Rp0.00 Indonesia Sep 2021
128 Metropolitan Land Tbk
JK:MTLA 		100.0% Rp6.09 Trillion
≈ $356.97 Million 		Rp0.00 Indonesia Jun 2026
129 Kootenay Silver Inc
V:KTN 		100.0% CA$57.35 Million
≈ $41.49 Million 		CA$0.00 Canada Sep 2025
130 Suryoday Small Finance Bank Limited
NSE:SURYODAY 		100.0% Rs21.56 Billion
≈ $233.12 Million 		Rs0.00 India Jun 2026
131 Metrovacesa SA
MC:MVC 		100.0% €1.41 Billion
≈ $1.65 Billion 		€0.00 Spain Dec 2025
132 Mammoth Resources Corp
V:MTH 		100.0% CA$4.72 Million
≈ $3.41 Million 		CA$0.00 Canada Oct 2023
133 Fidelity Special Values
LSE:FSV 		100.0% GBX1.47 Billion
≈ $178.31K 		GBX0.00 UK Feb 2026
134 Abrdn Emerging Markets Equity Income Fund Inc
NYSE MKT:AEF 		100.0% $302.50 Million $0.00 USA Dec 2023
135 Globavend Holdings Limited Ordinary Shares
NASDAQ:GVH 		100.0% $10.04 Million $0.00 USA Dec 2025
136 Bartronics India Limited
NSE:ASMS 		100.0% Rs341.75 Million
≈ $3.70 Million 		Rs0.00 India Mar 2026
137 See Hup Consolidated Bhd
KLSE:7053 		100.0% RM77.51 Million
≈ $19.46 Million 		RM0.00 Malaysia Mar 2026
138 Shenwan Hongyuan Group Co Ltd
SHE:000166 		100.0% CN¥139.54 Billion
≈ $20.42 Billion 		CN¥0.00 China Sep 2025
139 Astarta Holding N.V.
WAR:AST 		100.0% zł528.41 Million
≈ $145.43 Million 		zł0.00 Poland Sep 2025
140 Kamdhenu Ventures Limited
NSE:KAMOPAINTS 		100.0% Rs1.79 Billion
≈ $19.33 Million 		Rs0.00 India Mar 2026
141 Bowler Metcalf Ltd
JSE:BCF 		100.0% ZAC915.00 Million
≈ $486.28K 		ZAC0.00 South Africa Dec 2025
142 Putnam Managed Municipal Income Closed Fund
NYSE:PMM 		100.0% $386.57 Million $0.00 USA Oct 2025
143 Legacy Iron Ore Ltd
AU:LCY 		100.0% AU$28.87 Million
≈ $20.42 Million 		AU$0.00 Australia Mar 2026
144 Ho Wah Genting Bhd
KLSE:9601 		100.0% RM80.95 Million
≈ $20.32 Million 		RM0.00 Malaysia Mar 2026
145 Tian An Australia Ltd
AU:TIA 		100.0% AU$93.81 Million
≈ $66.37 Million 		AU$0.00 Australia Dec 2025
146 OYAK Yatirim Ortakligi AS
IS:OYAYO 		100.0% TL162.91 Million
≈ $3.65 Million 		TL0.00 Turkey Mar 2026
147 Lightning Minerals Ltd
AU:L1M 		100.0% AU$3.91 Million
≈ $2.77 Million 		AU$0.00 Australia Dec 2025
148 LBS Bina Group Bhd
KLSE:5789 		100.0% RM1.94 Billion
≈ $486.31 Million 		RM0.00 Malaysia Mar 2026
149 Yew Lee Pacific Group Berhad
KLSE:0248 		100.0% RM79.47 Million
≈ $19.95 Million 		RM0.00 Malaysia Sep 2025
150 Edda Wind ASA
OL:EWIND 		100.0% Nkr332.40 Million
≈ $34.98 Million 		Nkr0.00 Norway Mar 2025
151 Pampa Energia SA
BA:PAMP 		100.0% AR$4.04 Billion
≈ $2.92 Million 		AR$0.00 Argentina Jun 2026
152 Aumake Ltd
AU:AUK 		100.0% AU$1.62 Million
≈ $1.15 Million 		AU$0.00 Australia Dec 2025
153 Manaksia Coated Metals & Industries Limited
NSE:MANAKCOAT 		100.0% Rs3.49 Billion
≈ $37.74 Million 		Rs0.00 India Mar 2026
154 Andromeda Metals Ltd
AU:ADN 		100.0% AU$157.93 Million
≈ $111.75 Million 		AU$0.00 Australia Jun 2025
155 Evoke Pharma Inc
NASDAQ:EVOK 		100.0% $3.36 Million $0.00 USA Sep 2025
156 Cardiff Oncology Inc
NASDAQ:CRDF 		100.0% $45.39 Million $0.00 USA Dec 2025
157 FLEX LNG Ltd
OL:FLNG 		100.0% Nkr762.02 Million
≈ $80.19 Million 		Nkr0.00 Norway Jun 2025
158 Blockmate Ventures Inc
V:MATE 		100.0% CA$1.73 Million
≈ $1.25 Million 		CA$0.00 Canada Mar 2022
159 4DS Memory Ltd
AU:4DS 		100.0% AU$7.65 Million
≈ $5.41 Million 		AU$0.00 Australia Dec 2025
160 Osmond Resources Ltd
AU:OSM 		100.0% AU$48.83 Million
≈ $34.55 Million 		AU$0.00 Australia Dec 2025
161 S&U plc
LSE:SUS 		100.0% GBX249.00 Million
≈ $30.30K 		GBX0.00 UK Jan 2026
162 Naos Emerging Opportunities Company Ltd
AU:NCC 		100.0% AU$36.84 Million
≈ $26.07 Million 		AU$0.00 Australia Jun 2025
163 LTR Pharma Ltd
AU:LTP 		100.0% AU$26.86 Million
≈ $19.01 Million 		AU$0.00 Australia Dec 2025
164 UroGen Pharma Ltd
NASDAQ:URGN 		100.0% $25.52 Million $0.00 USA Sep 2024
165 HELIA GROUP LTD.
F:0GI0 		100.0% €1.02 Billion
≈ $1.19 Billion 		€0.00 Germany Dec 2025
166 Papaya Growth Opportunity Corp I
NASDAQ:PPYA 		100.0% $4.44 Million $0.00 USA Mar 2024
167 Marten Transport Ltd
NASDAQ:MRTN 		100.0% $765.96 Million $0.00 USA Jun 2026
168 Formosa Oilseed Processing Co Ltd
TW:1225 		100.0% NT$4.27 Billion
≈ $134.60 Million 		NT$0.00 Taiwan Sep 2025
169 Hiroca Holdings Ltd
TW:1338 		100.0% NT$6.27 Billion
≈ $197.53 Million 		NT$0.00 Taiwan Mar 2026
170 Pancontinental Energy NL
AU:PCL 		100.0% AU$8.48 Million
≈ $6.00 Million 		AU$0.00 Australia Dec 2025
171 SITKA GOLD CORP
F:1RF 		100.0% €64.32 Million
≈ $75.20 Million 		€0.00 Germany Sep 2025
172 PTL LTD Ordinary Shares
NASDAQ:PTLE 		100.0% $1.14 Million $0.00 USA Mar 2026
173 Eksons Corp Bhd
KLSE:9016 		100.0% RM356.57 Million
≈ $89.52 Million 		RM0.00 Malaysia Mar 2026
174 IX Acquisition Corp
NASDAQ:IXAQ 		100.0% $5.59 Million $0.00 USA Mar 2025
175 TPI POLENE POWER
BK:TPIPP-R 		100.0% ฿33.75 Billion
≈ $1.05 Billion 		฿0.00 Thailand Jun 2024
176 China Times Publishing Co
TWO:8923 		100.0% NT$443.91 Million
≈ $13.99 Million 		NT$0.00 Taiwan Jun 2025
177 NorthIsle Copper and Gold Inc
V:NCX 		100.0% CA$45.38 Million
≈ $32.83 Million 		CA$0.00 Canada Sep 2025
178 Bristow Group Inc
NYSE:VTOL 		100.0% $1.06 Billion $0.00 USA Mar 2026
179 PM Capital Global Opportunities Fund Ltd
AU:PGF 		100.0% AU$1.18 Billion
≈ $832.70 Million 		AU$0.00 Australia Dec 2025
180 Desarrolladora Homex S.A.B. de C.V
MX:HOMEX 		100.0% MX$154.43 Million
≈ $8.89 Million 		MX$0.00 Mexico Mar 2022
181 Priceworth International Bhd
KLSE:7123 		100.0% RM161.81 Million
≈ $40.63 Million 		RM0.00 Malaysia Jun 2025
182 nLIGHT Inc
NASDAQ:LASR 		100.0% $226.75 Million $0.00 USA Dec 2025
183 AME Elite Consortium Bhd
KLSE:5293 		100.0% RM1.49 Billion
≈ $373.89 Million 		RM0.00 Malaysia Mar 2026
184 High-Tek Harness Enterprise Co Ltd
TWO:3202 		100.0% NT$2.69 Billion
≈ $84.82 Million 		NT$0.00 Taiwan Sep 2024
185 DIRECTA PLUS PLC LS-0025
F:88K 		100.0% €5.46 Million
≈ $6.38 Million 		€0.00 Germany Jun 2025
186 Kakatiya Cement Sugar & Industries Limited
NSE:KAKATCEM 		100.0% Rs1.92 Billion
≈ $20.75 Million 		Rs0.00 India Sep 2025
187 Falmaco Nonwoven Industri PT Tbk
JK:FLMC 		100.0% Rp34.95 Billion
≈ $2.05 Million 		Rp0.00 Indonesia Jun 2025
188 Norske Skog Asa
OL:NSKOG 		100.0% Nkr5.93 Billion
≈ $623.59 Million 		Nkr0.00 Norway Mar 2026
189 Mirrabooka Investments Ltd
AU:MIR 		100.0% AU$588.51 Million
≈ $416.41 Million 		AU$0.00 Australia Jun 2026
190 First Capital Securities Co Ltd Class A
SHE:002797 		100.0% CN¥17.63 Billion
≈ $2.58 Billion 		CN¥0.00 China Sep 2025
191 AYS Ventures Bhd
KLSE:5021 		100.0% RM440.25 Million
≈ $110.53 Million 		RM0.00 Malaysia Sep 2025
192 Lion Selection Group Ltd
AU:LSX 		100.0% AU$157.24 Million
≈ $111.25 Million 		AU$0.00 Australia Jan 2026
193 Contango Holdings PLC
LSE:CGO 		100.0% GBX17.31 Million
≈ $2.11K 		GBX0.00 UK Nov 2025
194 Prime Dividend Corp
TO:PDV 		100.0% CA$5.50 Million
≈ $3.98 Million 		CA$0.00 Canada May 2025
195 Iconic Worldwide Bhd
KLSE:9113 		100.0% RM182.37 Million
≈ $45.79 Million 		RM0.00 Malaysia Mar 2026
196 Univa Foods Limited
NSE:UNIVAFOODS 		100.0% Rs1.63 Million
≈ $17.64K 		Rs0.00 India Mar 2023
197 Sensortek Technology Corp
TWO:6732 		100.0% NT$4.09 Billion
≈ $128.76 Million 		NT$0.00 Taiwan Mar 2026
198 Nicoccino Holding AB
ST:NICO 		100.0% Skr3.64 Million
≈ $391.83K 		Skr0.00 Sweden Mar 2026
199 Norman Broadbent Plc
LSE:NBB 		100.0% GBX2.13 Million
≈ $258.67 		GBX0.00 UK Dec 2025
200 Sun Peak Metals Corp
V:PEAK 		100.0% CA$32.47 Million
≈ $23.49 Million 		CA$0.00 Canada Mar 2026