Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

78.8%
Across companies on this page

Companies with Data

31,240
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
25901 Ningbo Homelink Eco-iTech Co. Ltd.
SHE:301193 		79.1% CN¥1.81 Billion
≈ $265.17 Million 		CN¥379.40 Million China Sep 2025
25902 Syensqo
BR:SYENS 		79.1% €6.78 Billion
≈ $7.92 Billion 		€1.42 Billion Belgium Sep 2025
25903 ZimVie Inc
NASDAQ:ZIMV 		79.1% $412.80 Million $86.46 Million USA Jun 2025
25904 Flexiroam Ltd
AU:FRX 		79.0% AU$2.49 Million
≈ $1.76 Million 		AU$521.18K Australia Jun 2025
25905 Motor Oil (Hellas) Corinth Refineries S.A
AT:MOH 		79.0% €3.36 Billion
≈ $3.92 Billion 		€703.33 Million Greece Dec 2025
25906 Zhejiang Expressway Co. Ltd
F:ZHJ 		79.0% €93.05 Billion
≈ $108.78 Billion 		€19.51 Billion Germany Dec 2025
25907 SIG Combibloc Group AG
SW:SIGN 		79.0% CHF2.66 Billion
≈ $3.36 Billion 		CHF557.06 Million Switzerland Dec 2025
25908 PW MEDTECH GROUP DL-0001
F:PWE 		79.0% €4.85 Billion
≈ $5.67 Billion 		€1.02 Billion Germany Dec 2025
25909 Renewi PLC
LSE:RWI 		79.0% GBX317.70 Million
≈ $38.65K 		GBX66.70 Million UK Sep 2024
25910 Sirio Pharma
SHE:300791 		79.0% CN¥2.66 Billion
≈ $389.79 Million 		CN¥559.27 Million China Jun 2025
25911 Bactiquant AS
CO:BACTIQ 		79.0% Dkr17.26 Million
≈ $2.70 Million 		Dkr3.63 Million Denmark Dec 2025
25912 Medtronic PLC
XETRA:2M6 		79.0% €49.24 Billion
≈ $57.57 Billion 		€10.35 Billion Germany Jan 2026
25913 Medtronic PLC
NYSE:MDT 		79.0% $49.20 Billion $10.34 Billion USA Jan 2026
25914 Audioboom Group plc
LSE:BOOM 		79.0% GBX12.00 Million
≈ $1.46K 		GBX2.52 Million UK Dec 2025
25915 INVENTURUS KNOWLEDGE SO L
NSE:IKS 		79.0% Rs22.41 Billion
≈ $242.34 Million 		Rs4.71 Billion India Sep 2025
25916 Curtiss-Wright Corporation
NYSE:CW 		79.0% $2.53 Billion $532.38 Million USA Dec 2025
25917 Rising Nonferrous Metals Share Co Ltd
SHG:600259 		79.0% CN¥3.89 Billion
≈ $569.75 Million 		CN¥818.35 Million China Mar 2026
25918 Libstar Holdings Ltd
JSE:LBR 		79.0% ZAC4.89 Billion
≈ $2.60 Million 		ZAC1.03 Billion South Africa Jun 2025
25919 Carclo plc
LSE:CAR 		79.0% GBX837.00K
≈ $101.84 		GBX176.00K UK Sep 2024
25920 Shenzhen Overseas Chinese Town Co Ltd
SHE:000069 		79.0% CN¥52.69 Billion
≈ $7.71 Billion 		CN¥11.09 Billion China Mar 2026
25921 Polaris Infrastructure Inc
TO:PIF 		79.0% CA$239.36 Million
≈ $173.15 Million 		CA$50.36 Million Canada Mar 2026
25922 Guangdong Hec Technology Holding Co Ltd Class A
SHG:600673 		79.0% CN¥10.07 Billion
≈ $1.47 Billion 		CN¥2.12 Billion China Sep 2025
25923 EARNZ plc
LSE:EARN 		79.0% GBX4.63 Million
≈ $563.09 		GBX974.00K UK Jun 2025
25924 Jizhong Energy Resources Co Ltd
SHE:000937 		79.0% CN¥21.88 Billion
≈ $3.20 Billion 		CN¥4.61 Billion China Mar 2026
25925 MERCEDES-BENZ GRP ADR/1/4
F:DAII 		79.0% €94.24 Billion
≈ $110.18 Billion 		€19.84 Billion Germany Dec 2025
25926 Mercedes-Benz Group AG
F:MBG 		79.0% €94.24 Billion
≈ $110.18 Billion 		€19.84 Billion Germany Dec 2025
25927 VALNEVA SE SP.ADS/2
F:AYJ0 		79.0% €106.17 Million
≈ $124.12 Million 		€22.35 Million Germany Dec 2025
25928 BAE Systems plc
LSE:BA 		78.9% GBX11.94 Billion
≈ $1.45 Million 		GBX2.51 Billion UK Dec 2025
25929 BAE SYSTEMS ADR/4 LS-025
F:BSPA 		78.9% €11.94 Billion
≈ $13.96 Billion 		€2.51 Billion Germany Dec 2025
25930 Otis Worldwide Corp
NYSE:OTIS 		78.9% $2.33 Billion $490.00 Million USA Dec 2019
25931 HLB Life Science Co. Ltd
KQ:067630 		78.9% ₩277.26 Billion
≈ $187.89 Million 		₩58.42 Billion Korea Sep 2025
25932 Norcros Plc
LSE:NXR 		78.9% GBX202.50 Million
≈ $24.64K 		GBX42.70 Million UK Sep 2025
25933 ST GOBAIN ADR 1/5/EO 4
F:GOBU 		78.9% €25.11 Billion
≈ $29.36 Billion 		€5.30 Billion Germany Dec 2025
25934 Compagnie de Saint-Gobain S.A.
PA:SGO 		78.9% €25.11 Billion
≈ $29.36 Billion 		€5.30 Billion France Dec 2025
25935 Nanjing ESTUN Automation Co Ltd
SHE:002747 		78.9% CN¥3.29 Billion
≈ $482.04 Million 		CN¥694.88 Million China Mar 2026
25936 Medtronic plc
SA:MDTC34 		78.9% R$48.98 Billion
≈ $9.61 Billion 		R$10.34 Billion Brazil Jan 2026
25937 NIBE INDUSTR. UNSP.ADR/1
F:NJB0 		78.9% €30.29 Billion
≈ $35.41 Billion 		€6.39 Billion Germany Dec 2025
25938 NIBE Industrier AB (publ)
ST:NIBE-B 		78.9% Skr30.29 Billion
≈ $3.26 Billion 		Skr6.39 Billion Sweden Dec 2025
25939 China Resources Sanjiu Medical & Pharmaceutical Co Ltd
SHE:000999 		78.9% CN¥37.38 Billion
≈ $5.47 Billion 		CN¥7.89 Billion China Sep 2025
25940 Ducommun Incorporated
NYSE:DCO 		78.9% $649.04 Million $137.03 Million USA Sep 2025
25941 Aerospace CH UAV Co Ltd
SHE:002389 		78.9% CN¥8.17 Billion
≈ $1.20 Billion 		CN¥1.72 Billion China Sep 2025
25942 Zhongrun Resources Investment
SHE:000506 		78.9% CN¥924.72 Million
≈ $135.32 Million 		CN¥195.27 Million China Mar 2026
25943 Check-Cap Ltd.
NASDAQ:MBAI 		78.9% $3.44 Million $726.00K USA Dec 2025
25944 SAGILITY INDIA LIMITED
NSE:SAGILITY 		78.9% Rs96.59 Billion
≈ $1.04 Billion 		Rs20.41 Billion India Mar 2026
25945 HSS Hire Group PLC
LSE:HSS 		78.9% GBX178.05 Million
≈ $21.66K 		GBX37.62 Million UK Jun 2024
25946 Neo-Concept International Group Holdings Limited Ordinary Shares
NASDAQ:NCI 		78.9% $58.18 Million $12.30 Million USA Jun 2025
25947 Zhang Jia Jie Tourism Group Co Ltd
SHE:000430 		78.9% CN¥1.82 Billion
≈ $266.65 Million 		CN¥385.29 Million China Mar 2026
25948 Wuhan East Lake High Technology Group Co Ltd
SHG:600133 		78.8% CN¥9.51 Billion
≈ $1.39 Billion 		CN¥2.01 Billion China Sep 2025
25949 CJ Freshway Corporation
KQ:051500 		78.8% ₩447.91 Billion
≈ $303.54 Million 		₩94.85 Billion Korea Sep 2025
25950 Peab AB (publ)
ST:PEAB-B 		78.8% Skr16.42 Billion
≈ $1.77 Billion 		Skr3.48 Billion Sweden Mar 2026
25951 Guangzhou Automobile Group Co Ltd Class A
SHG:601238 		78.8% CN¥116.43 Billion
≈ $17.04 Billion 		CN¥24.66 Billion China Sep 2025
25952 JSL S.A
SA:JSLG3 		78.8% R$1.17 Billion
≈ $228.85 Million 		R$247.19 Million Brazil Mar 2026
25953 Alfen Beheer BV
AS:ALFEN 		78.8% €152.76 Million
≈ $178.60 Million 		€32.39 Million Netherlands Dec 2025
25954 Guangzheng Group Co Ltd
SHE:002524 		78.8% CN¥126.70 Million
≈ $18.54 Million 		CN¥26.86 Million China Sep 2025
25955 Careium AB
ST:CARE 		78.8% Skr681.50 Million
≈ $73.34 Million 		Skr144.50 Million Sweden Dec 2025
25956 Farmer Bros. Co
NASDAQ:FARM 		78.8% $40.01 Million $8.48 Million USA Sep 2025
25957 Wemade Co.Ltd
KQ:112040 		78.8% ₩858.43 Billion
≈ $581.75 Million 		₩182.11 Billion Korea Sep 2025
25958 AAC Clyde Space AB (publ)
ST:AAC 		78.8% Skr676.23 Million
≈ $72.77 Million 		Skr143.46 Million Sweden Sep 2025
25959 Guangdong Xinbao Electrical Appliances Holdings Co Ltd
SHE:002705 		78.8% CN¥8.93 Billion
≈ $1.31 Billion 		CN¥1.89 Billion China Mar 2026
25960 BORA PHARMACEUTICALS LTD
TW:6472 		78.8% NT$16.63 Billion
≈ $523.89 Million 		NT$3.53 Billion Taiwan Mar 2026
25961 Entegris Inc
NASDAQ:ENTG 		78.7% $4.05 Billion $860.70 Million USA Mar 2026
25962 Hipay Group SA
PA:ALHYP 		78.7% €43.27 Million
≈ $50.58 Million 		€9.20 Million France Dec 2025
25963 Kingsignal Technology Co Ltd
SHE:300252 		78.7% CN¥2.12 Billion
≈ $309.67 Million 		CN¥449.93 Million China Sep 2025
25964 Revenio Group Corporation
HE:REG1V 		78.7% €104.40 Million
≈ $122.05 Million 		€22.20 Million Finland Jun 2025
25965 SATO Technologies Corp
V:SATO 		78.7% CA$6.85 Million
≈ $4.96 Million 		CA$1.46 Million Canada Apr 2025
25966 Gratifii Ltd
AU:GTI 		78.7% AU$7.78 Million
≈ $5.51 Million 		AU$1.66 Million Australia Dec 2025
25967 Empresaria Group plc
LSE:EMR 		78.7% GBX20.20 Million
≈ $2.46K 		GBX4.30 Million UK Dec 2025
25968 Vale S.A
F:CVLB 		78.7% €37.55 Billion
≈ $43.90 Billion 		€8.00 Billion Germany Mar 2026
25969 Vale S.A
MX:VALEN 		78.7% MX$37.55 Billion
≈ $2.16 Billion 		MX$8.00 Billion Mexico Mar 2026
25970 DigiCAP Co. Ltd
KQ:197140 		78.7% ₩55.57 Billion
≈ $37.66 Million 		₩11.83 Billion Korea Mar 2026
25971 Infotrust Ltd
AU:ITS 		78.7% AU$98.57 Million
≈ $69.75 Million 		AU$21.00 Million Australia Jun 2025
25972 Spirit Technology Solutions Ltd
AU:ST1 		78.7% AU$98.57 Million
≈ $69.75 Million 		AU$21.00 Million Australia Jun 2025
25973 Innity Corporation Bhd
KLSE:0147 		78.7% RM23.29 Million
≈ $5.85 Million 		RM4.96 Million Malaysia Sep 2025
25974 WPP PLC
LSE:WPP 		78.7% GBX3.41 Billion
≈ $414.66K 		GBX726.00 Million UK Jun 2025
25975 WPP PLC ADR
F:0WPA 		78.7% €3.41 Billion
≈ $3.98 Billion 		€726.00 Million Germany Jun 2025
25976 Dole PLC
NYSE:DOLE 		78.7% $1.52 Billion $323.65 Million USA Mar 2026
25977 Radware Ltd
NASDAQ:RDWR 		78.7% $368.22 Million $78.50 Million USA Mar 2026
25978 Menora Miv Hld
TA:MMHD 		78.7% ILA8.79 Billion
≈ $23.57 Million 		ILA1.87 Billion Israel Sep 2025
25979 VerifyMe Inc
NASDAQ:VRME 		78.7% $10.99 Million $2.35 Million USA Dec 2025
25980 Surteco Group SE
XETRA:SUR 		78.7% €371.20 Million
≈ $433.98 Million 		€79.20 Million Germany Mar 2026
25981 Shenzhen Batian Ecotypic Engineering Co Ltd
SHE:002170 		78.7% CN¥3.68 Billion
≈ $538.56 Million 		CN¥785.30 Million China Sep 2025
25982 Octave Intelligence plc
NASDAQ:OCTV 		78.7% $7.66 Billion $1.64 Billion USA Mar 2026
25983 Ultra Clean Holdings Inc
NASDAQ:UCTT 		78.6% $702.10 Million $149.90 Million USA Mar 2026
25984 Dr Peng Telecom and Media Group Co Ltd
SHG:600804 		78.6% CN¥402.32 Million
≈ $58.87 Million 		CN¥85.90 Million China Sep 2024
25985 EVI Industries Inc
NYSE MKT:EVI 		78.6% $140.77 Million $30.09 Million USA Sep 2025
25986 Bird Construction Inc.
TO:BDT 		78.6% CA$431.41 Million
≈ $312.07 Million 		CA$92.23 Million Canada Mar 2026
25987 CoStar Group Inc
NASDAQ:CSGP 		78.6% $8.62 Billion $1.84 Billion USA Sep 2025
25988 Jiangsu Jiangnan Water Co Ltd
SHG:601199 		78.6% CN¥4.55 Billion
≈ $665.89 Million 		CN¥973.32 Million China Sep 2025
25989 Raízen S.A.
SA:RAIZ4 		78.6% R$14.42 Billion
≈ $2.83 Billion 		R$3.09 Billion Brazil Sep 2025
25990 PVA TePla AG
XETRA:TPE 		78.6% €140.49 Million
≈ $164.25 Million 		€30.07 Million Germany Sep 2025
25991 Aluflexpack AG
SW:AFP 		78.6% CHF212.80 Million
≈ $269.04 Million 		CHF45.57 Million Switzerland Dec 2024
25992 Shandong Iron and Steel Co Ltd
SHG:600022 		78.6% CN¥28.47 Billion
≈ $4.17 Billion 		CN¥6.10 Billion China Mar 2026
25993 Energean Oil & Gas PLC
LSE:ENOG 		78.6% GBX646.56 Million
≈ $78.67K 		GBX138.46 Million UK Jun 2025
25994 SPS Commerce Inc
NASDAQ:SPSC 		78.6% $962.16 Million $206.07 Million USA Mar 2026
25995 Hainan Airlines Co Ltd A
SHG:600221 		78.6% CN¥7.05 Billion
≈ $1.03 Billion 		CN¥1.51 Billion China Mar 2026
25996 Hainan Airlines Co Ltd B
SHG:900945 		78.6% $7.05 Billion $1.51 Billion China Mar 2026
25997 Fadel Partners Inc
LSE:FADL 		78.6% GBX9.85 Million
≈ $1.20K 		GBX2.11 Million UK Dec 2023
25998 CHINA FOODS UNSP.ADR/20
F:CFH0 		78.5% €10.56 Billion
≈ $12.35 Billion 		€2.27 Billion Germany Dec 2025
25999 Grand Canyon Education Inc
NASDAQ:LOPE 		78.5% $696.19 Million $149.44 Million USA Mar 2026
26000 Alaska Air Group Inc
NYSE:ALK 		78.5% $3.73 Billion $801.00 Million USA Mar 2026