Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

77.8%
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
26201 Hand Enterprise Solutions Co
SHE:300170 		78.2% CN¥5.41 Billion
≈ $791.21 Million 		CN¥1.18 Billion China Jun 2025
26202 Iberdrola S.A.
MC:IBE 		78.2% €63.42 Billion
≈ $74.14 Billion 		€13.85 Billion Spain Dec 2025
26203 Eden Innovations Ltd
AU:EDE 		78.2% AU$1.88 Million
≈ $1.33 Million 		AU$410.20K Australia Dec 2024
26204 Ordinary Fully Paid Deferred Settlement
AU:EDEDA 		78.2% AU$1.88 Million
≈ $1.33 Million 		AU$410.20K Australia Dec 2024
26205 Smart Parking Ltd
AU:SPZ 		78.2% AU$90.81 Million
≈ $64.25 Million 		AU$19.84 Million Australia Dec 2025
26206 Fortnox AB
ST:FNOX 		78.1% Skr2.57 Billion
≈ $276.68 Million 		Skr562.00 Million Sweden Mar 2025
26207 Keysight Technologies Inc
NYSE:KEYS 		78.1% $5.88 Billion $1.28 Billion USA Oct 2025
26208 Ihlas Yayin Holding A.S.
IS:IHYAY 		78.1% TL3.39 Billion
≈ $75.87 Million 		TL740.69 Million Turkey Sep 2025
26209 Dekuple
PA:DKUPL 		78.1% €27.16 Million
≈ $31.75 Million 		€5.94 Million France Jun 2025
26210 Siemens Energy AG
XETRA:ENR 		78.1% €11.17 Billion
≈ $13.06 Billion 		€2.44 Billion Germany Jun 2026
26211 JinJian Cereals Industry Co Ltd
SHG:600127 		78.1% CN¥722.77 Million
≈ $105.76 Million 		CN¥158.22 Million China Mar 2026
26212 Sunrise Communications AG
NASDAQ:SNRE 		78.1% $4.11 Billion $900.40 Million USA Jun 2025
26213 Amata Corporation Public Company Limited
BK:AMATA-R 		78.1% ฿28.12 Billion
≈ $876.45 Million 		฿6.16 Billion Thailand Jun 2025
26214 Adecco Group AG Class N
SW:ADEN 		78.1% CHF3.52 Billion
≈ $4.45 Billion 		CHF770.39 Million Switzerland Jun 2026
26215 Nippon Sanso Holdings Corp.
NYSE:NPXYY 		78.1% $1.26 Trillion $276.35 Billion USA Mar 2026
26216 1&1 AG
XETRA:1U1 		78.1% €6.20 Billion
≈ $7.25 Billion 		€1.36 Billion Germany Sep 2025
26217 Arcoma AB
ST:ARCOMA 		78.1% Skr75.54 Million
≈ $8.13 Million 		Skr16.57 Million Sweden Mar 2026
26218 Franklin BSP Realty Trust Inc
NYSE:FBRT 		78.0% $1.48 Billion $324.90 Million USA Mar 2026
26219 Radiant Logistics Inc
NYSE MKT:RLGT 		78.0% $227.16 Million $49.88 Million USA Sep 2025
26220 Engie S.A.
PA:ENGI 		78.0% €42.10 Billion
≈ $49.23 Billion 		€9.25 Billion France Jun 2026
26221 Yipinhong Pharmaceutical Co Ltd Class A
SHE:300723 		78.0% CN¥1.97 Billion
≈ $288.46 Million 		CN¥433.18 Million China Mar 2026
26222 GMR Power and Urban Infra Limited
NSE:GMRP&UI 		78.0% Rs21.09 Billion
≈ $228.04 Million 		Rs4.63 Billion India Mar 2026
26223 Voyageurs du Monde SA
PA:ALVDM 		78.0% €245.57 Million
≈ $287.09 Million 		€54.00 Million France Dec 2025
26224 Blue Label Telecoms Ltd
JSE:BLU 		78.0% ZAC2.24 Billion
≈ $1.19 Million 		ZAC492.70 Million South Africa Nov 2025
26225 Grand Canyon Education Inc
NASDAQ:LOPE 		78.0% $669.51 Million $147.33 Million USA Jun 2026
26226 MTN Group Ltd
JSE:MTN 		78.0% ZAC169.73 Billion
≈ $90.20 Million 		ZAC37.35 Billion South Africa Dec 2025
26227 Panostaja Oyj
HE:PNA1V 		78.0% €46.98 Million
≈ $54.92 Million 		€10.34 Million Finland Oct 2025
26228 Metair
JSE:MTA 		78.0% ZAC2.55 Billion
≈ $1.35 Million 		ZAC561.56 Million South Africa Jun 2025
26229 Beijing SL Pharmaceutical Co Ltd
SHE:002038 		78.0% CN¥5.10 Billion
≈ $746.48 Million 		CN¥1.12 Billion China Mar 2026
26230 Qingdao Liqun Department Store Group Co Ltd
SHG:601366 		78.0% CN¥4.38 Billion
≈ $640.33 Million 		CN¥964.47 Million China Mar 2026
26231 Zebra Technologies Corporation
NASDAQ:ZBRA 		78.0% $3.47 Billion $765.00 Million USA Mar 2026
26232 ChemX Materials Ltd
AU:CMX 		78.0% AU$4.42 Million
≈ $3.13 Million 		AU$975.53K Australia Jun 2024
26233 Rigel Pharmaceuticals Inc
NASDAQ:RIGL 		77.9% $425.65 Million $93.88 Million USA Jun 2026
26234 Invisio Communications AB
ST:IVSO 		77.9% Skr1.17 Billion
≈ $126.31 Million 		Skr259.00 Million Sweden Dec 2025
26235 PTC Inc
NASDAQ:PTC 		77.9% $3.47 Billion $765.80 Million USA Jun 2026
26236 ATEME SA
PA:ATEME 		77.9% €35.60 Million
≈ $41.62 Million 		€7.86 Million France Dec 2025
26237 Multitude SE
LSE:0R4W 		77.9% €161.51 Million
≈ $188.83 Million 		€35.66 Million UK Mar 2026
26238 Covenant Logistics Group, Inc.
NASDAQ:CVLG 		77.9% $423.72 Million $93.56 Million USA Sep 2025
26239 Guangzhou Automobile Group Co. Ltd
F:02G 		77.9% €108.19 Billion
≈ $126.48 Billion 		€23.89 Billion Germany Mar 2026
26240 CANBRIDGE PHARM.DL-00001
F:MF1 		77.9% Annual €308.56 Million
≈ $360.73 Million 		€68.13 Million Germany Dec 2022
26241 Prudent Corporate Advisory Services Limited
NSE:PRUDENT 		77.9% Rs8.83 Billion
≈ $95.46 Million 		Rs1.95 Billion India Mar 2026
26242 Wuxi Dk Electronic Materials Co Ltd
SHE:300842 		77.9% CN¥2.15 Billion
≈ $314.32 Million 		CN¥474.36 Million China Mar 2026
26243 Grupo Televisa SAB DRC
BA:TV 		77.9% AR$111.66 Billion
≈ $80.79 Million 		AR$24.66 Billion Argentina Jun 2026
26244 HELLENIC TELEC.ORG.ADR1/2
F:OTES 		77.9% €2.11 Billion
≈ $2.47 Billion 		€466.30 Million Germany Dec 2025
26245 Pyrum Innovations AG
OL:PYRUM 		77.9% Nkr19.64 Million
≈ $2.07 Million 		Nkr4.34 Million Norway Sep 2025
26246 PYRUM INNOV.AG NA O.N.
F:PYR 		77.9% €19.64 Million
≈ $22.96 Million 		€4.34 Million Germany Sep 2025
26247 JBS S.A
SA:JBSS3 		77.9% R$47.41 Billion
≈ $9.30 Billion 		R$10.48 Billion Brazil Mar 2025
26248 TVS Holdings Limited
NSE:TVSHLTD 		77.9% Rs128.92 Billion
≈ $1.39 Billion 		Rs28.52 Billion India Mar 2026
26249 Rheinmetall AG
F:RHM 		77.8% €5.62 Billion
≈ $6.56 Billion 		€1.24 Billion Germany Dec 2025
26250 Banco de Valores SA
BA:VALO 		77.8% AR$257.85 Billion
≈ $186.58 Million 		AR$57.18 Billion Argentina Sep 2025
26251 S-1 Corp
KO:012750 		77.8% ₩1.71 Trillion
≈ $1.16 Billion 		₩379.48 Billion Korea Sep 2025
26252 Kafein Yazilim
IS:KFEIN 		77.8% TL1.15 Billion
≈ $25.84 Million 		TL255.98 Million Turkey Sep 2025
26253 HengFeng Information Technology Co Ltd
SHE:300605 		77.8% CN¥457.12 Million
≈ $66.89 Million 		CN¥101.45 Million China Mar 2026
26254 Walker Crips Group PLC
LSE:WCW 		77.8% GBX12.36 Million
≈ $1.50K 		GBX2.75 Million UK Sep 2025
26255 LB Group Co Ltd
SHE:002601 		77.8% CN¥27.34 Billion
≈ $4.00 Billion 		CN¥6.07 Billion China Mar 2026
26256 Pool Corporation
NASDAQ:POOL 		77.8% $1.26 Billion $279.89 Million USA Jun 2026
26257 Lennox International Inc
NYSE:LII 		77.8% $1.21 Billion $269.70 Million USA Mar 2026
26258 Balfour Beatty plc
LSE:BBY 		77.8% GBX1.15 Billion
≈ $140.17K 		GBX256.00 Million UK Dec 2025
26259 Forest Water Environmental Eng Co Ltd
TW:8473 		77.8% NT$8.46 Billion
≈ $266.49 Million 		NT$1.88 Billion Taiwan Mar 2026
26260 Shanghai GenTech Co Ltd
SHG:688596 		77.8% CN¥4.10 Billion
≈ $599.92 Million 		CN¥911.20 Million China Mar 2026
26261 Pioneering Technology Corp
V:PTE 		77.7% CA$971.71K
≈ $702.92K 		CA$216.28K Canada Mar 2026
26262 Revenue Group Bhd
KLSE:0200 		77.7% RM88.42 Million
≈ $22.20 Million 		RM19.69 Million Malaysia Sep 2025
26263 Orthopediatrics Corp
NASDAQ:KIDS 		77.7% $343.61 Million $76.56 Million USA Jun 2026
26264 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
26265 Vale S.A.
SA:VALE3 		77.7% R$34.40 Billion
≈ $6.75 Billion 		R$7.67 Billion Brazil Dec 2025
26266 Donnelley Financial Solutions Inc
NYSE:DFIN 		77.7% $387.40 Million $86.40 Million USA Jun 2026
26267 Ellaktor S.A
AT:ELLAKTOR 		77.7% €779.92 Million
≈ $911.80 Million 		€173.98 Million Greece Jun 2024
26268 Coventry Group Ltd
AU:CYG 		77.7% AU$111.44 Million
≈ $78.85 Million 		AU$24.86 Million Australia Dec 2025
26269 Virbac SA
PA:VIRP 		77.7% €1.07 Billion
≈ $1.25 Billion 		€237.65 Million France Jun 2025
26270 Foran Energy Group Co Ltd
SHE:002911 		77.7% CN¥9.11 Billion
≈ $1.33 Billion 		CN¥2.03 Billion China Mar 2026
26271 Hanjin Transportation Co. Ltd.
KO:002320 		77.7% ₩1.52 Trillion
≈ $1.03 Billion 		₩339.93 Billion Korea Sep 2025
26272 Element Fleet Management Corp
TO:EFN 		77.7% CA$2.70 Billion
≈ $1.95 Billion 		CA$602.51 Million Canada Mar 2026
26273 Murphy USA Inc
NYSE:MUSA 		77.7% $623.50 Million $139.30 Million USA Dec 2025
26274 White Pearl Technology Group B
ST:WPTG-B 		77.6% Skr252.95 Million
≈ $27.22 Million 		Skr56.54 Million Sweden Mar 2026
26275 Guangzhou SiE Consulting Co Ltd
SHE:300687 		77.6% CN¥2.86 Billion
≈ $418.45 Million 		CN¥639.37 Million China Mar 2026
26276 HTC Purenergy Inc.
V:HTC 		77.6% CA$2.76 Million
≈ $1.99 Million 		CA$616.23K Canada Sep 2021
26277 Zhejiang Founder Motor Co Ltd
SHE:002196 		77.6% CN¥1.43 Billion
≈ $208.77 Million 		CN¥319.09 Million China Mar 2026
26278 Apollo Global Management LLC Class A
NYSE:APO 		77.6% $41.48 Billion $9.28 Billion USA Jun 2026
26279 Ekinops SA
PA:EKI 		77.6% €103.20 Million
≈ $120.65 Million 		€23.10 Million France Jun 2026
26280 Nordson Corporation
NASDAQ:NDSN 		77.6% $3.04 Billion $681.59 Million USA Oct 2025
26281 Hellenic Telecommunications Organization S.A
AT:HTO 		77.6% €2.05 Billion
≈ $2.40 Billion 		€459.30 Million Greece Sep 2025
26282 Glaston Oyj Abp
HE:GLA1V 		77.6% €63.80 Million
≈ $74.59 Million 		€14.30 Million Finland Dec 2025
26283 S-Energy Co.Ltd
KQ:095910 		77.6% ₩66.31 Billion
≈ $44.94 Million 		₩14.86 Billion Korea Dec 2025
26284 FINTECH S.A. ZY 5
F:9DZ 		77.6% €8.45 Million
≈ $9.88 Million 		€1.89 Million Germany Dec 2025
26285 LIFETECH SCI.DL-00000125
F:81X 		77.6% €3.48 Billion
≈ $4.06 Billion 		€779.18 Million Germany Dec 2025
26286 Cavendish Hydrogen ASA
OL:CAVEN 		77.6% Nkr54.40 Million
≈ $5.72 Million 		Nkr12.20 Million Norway Sep 2025
26287 Indus Holding AG
XETRA:INH 		77.6% €730.71 Million
≈ $854.28 Million 		€163.90 Million Germany Dec 2025
26288 Vingroup JSC
VN:VIC 		77.6% ₫153.70 Trillion
≈ $5.84 Billion 		₫34.48 Trillion Vietnam Mar 2026
26289 Resurs Holding AB
ST:RESURS 		77.6% Skr7.72 Billion
≈ $830.49 Million 		Skr1.73 Billion Sweden Jun 2025
26290 BUREAU VERITAS ADR EO-12
F:4BV0 		77.6% €1.75 Billion
≈ $2.05 Billion 		€393.40 Million Germany Dec 2025
26291 KEDE Numerical Control Co Ltd
SHG:688305 		77.6% CN¥1.88 Billion
≈ $274.67 Million 		CN¥421.19 Million China Sep 2025
26292 Made SA
PA:MLMAD 		77.6% Annual €5.25 Million
≈ $6.14 Million 		€1.18 Million France Sep 2024
26293 Aksu Enerji ve Ticaret AS
IS:AKSUE 		77.5% TL760.49 Million
≈ $17.03 Million 		TL170.73 Million Turkey Dec 2025
26294 Groupe Canal Plus
LSE:CAN 		77.5% GBX5.09 Billion
≈ $619.91K 		GBX1.14 Billion UK Jun 2025
26295 Thai Beverage Public Company Limited
F:T6W 		77.5% €230.23 Billion
≈ $269.17 Billion 		€51.75 Billion Germany Mar 2025
26296 IBERDROLA ADR/1 EO 3
F:IBE5 		77.5% €62.97 Billion
≈ $73.62 Billion 		€14.16 Billion Germany Mar 2026
26297 ANGLE plc
LSE:AGL 		77.5% GBX11.69 Million
≈ $1.42K 		GBX2.63 Million UK Jun 2025
26298 Honghua Group Limited
F:4HB 		77.5% €3.64 Billion
≈ $4.26 Billion 		€819.84 Million Germany Dec 2025
26299 Ikegps Group Ltd
AU:IKE 		77.5% AU$25.75 Million
≈ $18.22 Million 		AU$5.80 Million Australia Mar 2026
26300 NanJi ECommerce Co Ltd
SHE:002127 		77.5% CN¥4.17 Billion
≈ $609.51 Million 		CN¥938.27 Million China Sep 2025