Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

77.5%
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
26101 JBS S.A
SA:JBSS3 		77.9% R$47.41 Billion
≈ $9.30 Billion 		R$10.48 Billion Brazil Mar 2025
26102 TVS Holdings Limited
NSE:TVSHLTD 		77.9% Rs128.92 Billion
≈ $1.39 Billion 		Rs28.52 Billion India Mar 2026
26103 Cactus Inc
NYSE:WHD 		77.9% $1.65 Billion $364.28 Million USA Mar 2026
26104 Rheinmetall AG
F:RHM 		77.8% €5.62 Billion
≈ $6.56 Billion 		€1.24 Billion Germany Dec 2025
26105 Banco de Valores SA
BA:VALO 		77.8% AR$257.85 Billion
≈ $186.58 Million 		AR$57.18 Billion Argentina Sep 2025
26106 S-1 Corp
KO:012750 		77.8% ₩1.71 Trillion
≈ $1.16 Billion 		₩379.48 Billion Korea Sep 2025
26107 Kafein Yazilim
IS:KFEIN 		77.8% TL1.15 Billion
≈ $25.84 Million 		TL255.98 Million Turkey Sep 2025
26108 HengFeng Information Technology Co Ltd
SHE:300605 		77.8% CN¥457.12 Million
≈ $66.89 Million 		CN¥101.45 Million China Mar 2026
26109 Walker Crips Group PLC
LSE:WCW 		77.8% GBX12.36 Million
≈ $1.50K 		GBX2.75 Million UK Sep 2025
26110 LB Group Co Ltd
SHE:002601 		77.8% CN¥27.34 Billion
≈ $4.00 Billion 		CN¥6.07 Billion China Mar 2026
26111 Lennox International Inc
NYSE:LII 		77.8% $1.21 Billion $269.70 Million USA Mar 2026
26112 Balfour Beatty plc
LSE:BBY 		77.8% GBX1.15 Billion
≈ $140.17K 		GBX256.00 Million UK Dec 2025
26113 Forest Water Environmental Eng Co Ltd
TW:8473 		77.8% NT$8.46 Billion
≈ $266.49 Million 		NT$1.88 Billion Taiwan Mar 2026
26114 Shanghai GenTech Co Ltd
SHG:688596 		77.8% CN¥4.10 Billion
≈ $599.92 Million 		CN¥911.20 Million China Mar 2026
26115 Hancock Whitney Corp
NASDAQ:HWC 		77.7% $4.46 Billion $992.47 Million USA Dec 2025
26116 Pioneering Technology Corp
V:PTE 		77.7% CA$971.71K
≈ $702.92K 		CA$216.28K Canada Mar 2026
26117 Revenue Group Bhd
KLSE:0200 		77.7% RM88.42 Million
≈ $22.20 Million 		RM19.69 Million Malaysia Sep 2025
26118 Guangzhou Sanfu New Materials Technology Co. Ltd. A
SHG:688359 		77.7% CN¥761.38 Million
≈ $111.41 Million 		CN¥169.65 Million China Sep 2025
26119 Ekinops SA
PA:EKI 		77.7% €105.90 Million
≈ $123.81 Million 		€23.60 Million France Dec 2025
26120 Vale S.A.
SA:VALE3 		77.7% R$34.40 Billion
≈ $6.75 Billion 		R$7.67 Billion Brazil Dec 2025
26121 Adecco Group AG Class N
SW:ADEN 		77.7% CHF3.52 Billion
≈ $4.46 Billion 		CHF786.00 Million Switzerland Mar 2026
26122 Ellaktor S.A
AT:ELLAKTOR 		77.7% €779.92 Million
≈ $911.80 Million 		€173.98 Million Greece Jun 2024
26123 Coventry Group Ltd
AU:CYG 		77.7% AU$111.44 Million
≈ $78.85 Million 		AU$24.86 Million Australia Dec 2025
26124 Virbac SA
PA:VIRP 		77.7% €1.07 Billion
≈ $1.25 Billion 		€237.65 Million France Jun 2025
26125 Foran Energy Group Co Ltd
SHE:002911 		77.7% CN¥9.11 Billion
≈ $1.33 Billion 		CN¥2.03 Billion China Mar 2026
26126 Hanjin Transportation Co. Ltd.
KO:002320 		77.7% ₩1.52 Trillion
≈ $1.03 Billion 		₩339.93 Billion Korea Sep 2025
26127 Element Fleet Management Corp
TO:EFN 		77.7% CA$2.70 Billion
≈ $1.95 Billion 		CA$602.51 Million Canada Mar 2026
26128 Genel Energy Plc
LSE:GENL 		77.7% GBX360.90 Million
≈ $43.91K 		GBX80.60 Million UK Jun 2025
26129 Murphy USA Inc
NYSE:MUSA 		77.7% $623.50 Million $139.30 Million USA Dec 2025
26130 Guangzhou SiE Consulting Co Ltd
SHE:300687 		77.6% CN¥2.86 Billion
≈ $418.45 Million 		CN¥639.37 Million China Mar 2026
26131 HTC Purenergy Inc.
V:HTC 		77.6% CA$2.76 Million
≈ $1.99 Million 		CA$616.23K Canada Sep 2021
26132 Nordson Corporation
NASDAQ:NDSN 		77.6% $3.04 Billion $681.59 Million USA Oct 2025
26133 Quest Diagnostics Incorporated
NYSE:DGX 		77.6% $7.67 Billion $1.72 Billion USA Mar 2026
26134 Hellenic Telecommunications Organization S.A
AT:HTO 		77.6% €2.05 Billion
≈ $2.40 Billion 		€459.30 Million Greece Sep 2025
26135 Glaston Oyj Abp
HE:GLA1V 		77.6% €63.80 Million
≈ $74.59 Million 		€14.30 Million Finland Dec 2025
26136 S-Energy Co.Ltd
KQ:095910 		77.6% ₩66.31 Billion
≈ $44.94 Million 		₩14.86 Billion Korea Dec 2025
26137 Rightmove PLC
LSE:RMV 		77.6% GBX82.30 Million
≈ $10.01K 		GBX18.45 Million UK Dec 2025
26138 FINTECH S.A. ZY 5
F:9DZ 		77.6% €8.45 Million
≈ $9.88 Million 		€1.89 Million Germany Dec 2025
26139 LIFETECH SCI.DL-00000125
F:81X 		77.6% €3.48 Billion
≈ $4.06 Billion 		€779.18 Million Germany Dec 2025
26140 Cavendish Hydrogen ASA
OL:CAVEN 		77.6% Nkr54.40 Million
≈ $5.72 Million 		Nkr12.20 Million Norway Sep 2025
26141 Indus Holding AG
XETRA:INH 		77.6% €730.71 Million
≈ $854.28 Million 		€163.90 Million Germany Dec 2025
26142 Vingroup JSC
VN:VIC 		77.6% ₫153.70 Trillion
≈ $5.84 Billion 		₫34.48 Trillion Vietnam Mar 2026
26143 Resurs Holding AB
ST:RESURS 		77.6% Skr7.72 Billion
≈ $830.49 Million 		Skr1.73 Billion Sweden Jun 2025
26144 BUREAU VERITAS ADR EO-12
F:4BV0 		77.6% €1.75 Billion
≈ $2.05 Billion 		€393.40 Million Germany Dec 2025
26145 Bureau Veritas SA
PA:BVI 		77.6% €1.75 Billion
≈ $2.05 Billion 		€393.40 Million France Dec 2025
26146 KEDE Numerical Control Co Ltd
SHG:688305 		77.6% CN¥1.88 Billion
≈ $274.67 Million 		CN¥421.19 Million China Sep 2025
26147 Made SA
PA:MLMAD 		77.6% Annual €5.25 Million
≈ $6.14 Million 		€1.18 Million France Sep 2024
26148 Aksu Enerji ve Ticaret AS
IS:AKSUE 		77.5% TL760.49 Million
≈ $17.03 Million 		TL170.73 Million Turkey Dec 2025
26149 Groupe Canal Plus
LSE:CAN 		77.5% GBX5.09 Billion
≈ $619.91K 		GBX1.14 Billion UK Jun 2025
26150 Thai Beverage Public Company Limited
F:T6W 		77.5% €230.23 Billion
≈ $269.17 Billion 		€51.75 Billion Germany Mar 2025
26151 IBERDROLA ADR/1 EO 3
F:IBE5 		77.5% €62.97 Billion
≈ $73.62 Billion 		€14.16 Billion Germany Mar 2026
26152 R Systems International Limited
NSE:RSYSTEMS 		77.5% Rs12.30 Billion
≈ $132.97 Million 		Rs2.77 Billion India Mar 2026
26153 ANGLE plc
LSE:AGL 		77.5% GBX11.69 Million
≈ $1.42K 		GBX2.63 Million UK Jun 2025
26154 Powercell Sweden
ST:PCELL 		77.5% Skr346.72 Million
≈ $37.31 Million 		Skr78.05 Million Sweden Mar 2026
26155 Honghua Group Limited
F:4HB 		77.5% €3.64 Billion
≈ $4.26 Billion 		€819.84 Million Germany Dec 2025
26156 Ikegps Group Ltd
AU:IKE 		77.5% AU$25.75 Million
≈ $18.22 Million 		AU$5.80 Million Australia Mar 2026
26157 NanJi ECommerce Co Ltd
SHE:002127 		77.5% CN¥4.17 Billion
≈ $609.51 Million 		CN¥938.27 Million China Sep 2025
26158 Pilgrims Pride Corp
NASDAQ:PPC 		77.5% $3.69 Billion $832.07 Million USA Dec 2025
26159 TUI AG
XETRA:TUI1 		77.5% €2.68 Billion
≈ $3.13 Billion 		€603.90 Million Germany Dec 2025
26160 Beijing Dinghan Tech Co
SHE:300011 		77.4% CN¥1.53 Billion
≈ $223.19 Million 		CN¥343.99 Million China Mar 2026
26161 Duxton Farms Ltd
AU:DBF 		77.4% AU$142.73 Million
≈ $100.99 Million 		AU$32.20 Million Australia Dec 2025
26162 Cogstate Ltd
AU:CGS 		77.4% AU$47.90 Million
≈ $33.89 Million 		AU$10.81 Million Australia Jun 2025
26163 Tus Pharmaceutical Group Co Ltd
SHE:000590 		77.4% CN¥542.39 Million
≈ $79.37 Million 		CN¥122.38 Million China Mar 2026
26164 TagMaster AB Series B
ST:TAGM-B 		77.4% Skr276.37 Million
≈ $29.74 Million 		Skr62.37 Million Sweden Mar 2026
26165 CGN Nuclear Technology Development Co Ltd
SHE:000881 		77.4% CN¥5.64 Billion
≈ $825.87 Million 		CN¥1.27 Billion China Mar 2026
26166 Drägerwerk AG & Co. KGaA
XETRA:DRW8 		77.4% €1.51 Billion
≈ $1.76 Billion 		€340.84 Million Germany Sep 2025
26167 VBG Group AB (publ)
ST:VBG-B 		77.4% Skr4.15 Billion
≈ $446.57 Million 		Skr937.00 Million Sweden Mar 2026
26168 Analog Devices Inc
NASDAQ:ADI 		77.4% $33.79 Billion $7.63 Billion USA Jan 2026
26169 Kelly Services A Inc
NASDAQ:KELYA 		77.4% $968.50 Million $218.80 Million USA Mar 2026
26170 Kelly Services B Inc
NASDAQ:KELYB 		77.4% $968.50 Million $218.80 Million USA Mar 2026
26171 Stoneridge Inc
NYSE:SRI 		77.4% $157.14 Million $35.51 Million USA Mar 2026
26172 Zhejiang Huahai Pharmaceutical Co Ltd
SHG:600521 		77.4% CN¥9.85 Billion
≈ $1.44 Billion 		CN¥2.23 Billion China Mar 2026
26173 Altisource Portfolio Solutions SA
NASDAQ:ASPS 		77.4% $288.66 Million $65.32 Million USA Sep 2019
26174 MTN GROUP ADR/1 RC-0001
F:LL6A 		77.4% €169.73 Billion
≈ $198.44 Billion 		€38.43 Billion Germany Dec 2025
26175 Managepay Systems Bhd
KLSE:0156 		77.4% RM66.31 Million
≈ $16.65 Million 		RM15.01 Million Malaysia Mar 2026
26176 Orthopediatrics Corp
NASDAQ:KIDS 		77.4% $338.71 Million $76.72 Million USA Mar 2026
26177 Haima Automobile Group Co Ltd
SHE:000572 		77.3% CN¥2.35 Billion
≈ $344.23 Million 		CN¥533.16 Million China Jun 2025
26178 ZIMI Ltd
AU:ZMM 		77.3% AU$1.74 Million
≈ $1.23 Million 		AU$395.12K Australia Dec 2025
26179 Tian Jin Global Magnetic Card Co Ltd
SHG:600800 		77.3% CN¥981.09 Million
≈ $143.56 Million 		CN¥222.39 Million China Mar 2026
26180 Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt
F:RIG2 		77.3% €1.30 Trillion
≈ $1.52 Trillion 		€295.19 Billion Germany Jun 2025
26181 Littelfuse Inc
NASDAQ:LFUS 		77.3% $2.51 Billion $570.02 Million USA Mar 2026
26182 Jw Holdings
KO:096760 		77.3% ₩567.12 Billion
≈ $384.33 Million 		₩128.62 Billion Korea Sep 2025
26183 General Electric Company
SA:GEOO34 		77.3% R$18.30 Billion
≈ $3.59 Billion 		R$4.15 Billion Brazil Mar 2026
26184 GE Aerospace
NYSE:GE 		77.3% $18.30 Billion $4.15 Billion USA Mar 2026
26185 Arbonia AG
SW:ARBN 		77.3% CHF734.11 Million
≈ $928.11 Million 		CHF166.55 Million Switzerland Dec 2025
26186 Prg Holdings Bhd
KLSE:7168 		77.3% RM55.23 Million
≈ $13.87 Million 		RM12.54 Million Malaysia Dec 2025
26187 CALIX Ltd
AU:CXL 		77.3% AU$45.90 Million
≈ $32.48 Million 		AU$10.42 Million Australia Dec 2025
26188 Shanxi Huhua Group Co Ltd
SHE:003002 		77.3% CN¥1.64 Billion
≈ $239.36 Million 		CN¥371.40 Million China Sep 2025
26189 Kafrit
TA:KAFR 		77.3% ILA533.37 Million
≈ $1.43 Million 		ILA121.11 Million Israel Dec 2025
26190 Dover Corporation
NYSE:DOV 		77.3% $7.49 Billion $1.70 Billion USA Mar 2026
26191 Ovaro Kiinteistosijoitus Oyj
HE:OVARO 		77.3% €46.47 Million
≈ $54.32 Million 		€10.56 Million Finland Dec 2025
26192 Worthington Industries Inc
NYSE:WOR 		77.3% $963.02 Million $219.06 Million USA Nov 2025
26193 B.Grimm Power Public Company Limited
BK:BGRIM 		77.2% ฿49.36 Billion
≈ $1.54 Billion 		฿11.23 Billion Thailand Dec 2025
26194 Zurich Insurance Group AG
F:ZFI1 		77.2% €30.17 Billion
≈ $35.27 Billion 		€6.87 Billion Germany Dec 2025
26195 Royal Group Co Ltd
SHE:002329 		77.2% CN¥595.84 Million
≈ $87.19 Million 		CN¥135.65 Million China Mar 2026
26196 Zurich Insurance Group AG
SW:ZURN 		77.2% CHF30.15 Billion
≈ $38.11 Billion 		CHF6.86 Billion Switzerland Dec 2025
26197 Geovis Technology Co Ltd
SHG:688568 		77.2% CN¥4.50 Billion
≈ $658.69 Million 		CN¥1.02 Billion China Mar 2026
26198 Elior SCA
PA:ELIOR 		77.2% €852.00 Million
≈ $996.08 Million 		€194.00 Million France Mar 2026
26199 Amarin Printing and Publishing Public Company Limited
BK:AMARIN 		77.2% ฿4.54 Billion
≈ $141.63 Million 		฿1.03 Billion Thailand Mar 2026
26200 Barbara Bui SA
PA:BUI 		77.2% €698.00K
≈ $816.04K 		€159.00K France Jun 2025