Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
70.2%
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.
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 |
|---|---|---|---|---|---|---|
| 27101 |
Allianz SE VNA O.N.
XETRA:ALV |
70.7% |
€63.70 Billion
≈ $74.48 Billion |
€18.64 Billion | Germany | Sep 2025 |
| 27102 |
Uzma Bhd
KLSE:7250 |
70.7% |
RM655.90 Million
≈ $164.68 Million |
RM191.94 Million | Malaysia | Sep 2025 |
| 27103 |
China Kings Resources Group Co
SHG:603505 |
70.7% |
CN¥2.42 Billion
≈ $354.78 Million |
CN¥709.74 Million | China | Sep 2025 |
| 27104 |
Sino Prima Gas Technology Co Ltd
SHE:300483 |
70.7% |
CN¥5.23 Billion
≈ $765.61 Million |
CN¥1.53 Billion | China | Mar 2026 |
| 27105 |
Archer-Daniels-Midland Company
NYSE:ADM |
70.7% | $23.03 Billion | $6.74 Billion | USA | Dec 2025 |
| 27106 |
Cybergun SA
PA:ALCYB |
70.7% |
€14.66 Million
≈ $17.14 Million |
€4.29 Million | France | Jun 2024 |
| 27107 |
SZZT Electronics Co Ltd
SHE:002197 |
70.7% |
CN¥1.85 Billion
≈ $270.28 Million |
CN¥541.13 Million | China | Mar 2026 |
| 27108 |
Lindex Group
HE:LINDEX |
70.7% |
€406.50 Million
≈ $475.24 Million |
€119.20 Million | Finland | Sep 2025 |
| 27109 |
Treasury Wine Estates Limited
F:T7W |
70.7% |
€4.80 Billion
≈ $5.61 Billion |
€1.41 Billion | Germany | Jun 2025 |
| 27110 |
ESAB Corp
NYSE:ESAB |
70.7% | $2.24 Billion | $655.92 Million | USA | Mar 2026 |
| 27111 |
AZZ Incorporated
NYSE:AZZ |
70.6% | $1.38 Billion | $403.95 Million | USA | May 2026 |
| 27112 |
Anhui Water Resources Development Co Ltd
SHG:600502 |
70.6% |
CN¥33.03 Billion
≈ $4.83 Billion |
CN¥9.70 Billion | China | Mar 2026 |
| 27113 |
Deva Holding AS
IS:DEVA |
70.6% |
TL26.48 Billion
≈ $593.16 Million |
TL7.79 Billion | Turkey | Sep 2025 |
| 27114 |
Legend Holdings Corporation
F:1PC |
70.6% |
€108.81 Billion
≈ $127.21 Billion |
€32.01 Billion | Germany | Dec 2025 |
| 27115 |
ReTo Eco-Solutions Inc
NASDAQ:RETO |
70.6% | $24.74 Million | $7.28 Million | USA | Mar 2026 |
| 27116 |
Elite Education Group International Ltd
NASDAQ:EEIQ |
70.6% | $14.42 Million | $4.24 Million | USA | Dec 2025 |
| 27117 |
Clean TEQ Water Ltd
AU:CNQ |
70.6% |
AU$9.22 Million
≈ $6.52 Million |
AU$2.71 Million | Australia | Dec 2025 |
| 27118 |
Green Cross Corp
KO:006280 |
70.6% |
₩1.49 Trillion
≈ $1.01 Billion |
₩438.34 Billion | Korea | Sep 2025 |
| 27119 |
Guangdong Fangyuan Environment Co. Ltd. A
SHG:688148 |
70.6% |
CN¥421.85 Million
≈ $61.73 Million |
CN¥124.15 Million | China | Jun 2025 |
| 27120 |
AGORA INC. SP.ADS/4 CL.A
F:9AG1 |
70.6% |
€554.57 Million
≈ $648.35 Million |
€163.28 Million | Germany | Mar 2026 |
| 27121 |
Sage Group PLC
LSE:SGE |
70.6% |
GBX720.00 Million
≈ $87.60K |
GBX212.00 Million | UK | Sep 2025 |
| 27122 |
Krones AG
XETRA:KRN |
70.5% |
€2.03 Billion
≈ $2.37 Billion |
€597.40 Million | Germany | Sep 2025 |
| 27123 |
Grupo Empresas Navieras SA
SN:NAVIERA |
70.5% |
CL$538.82 Million
≈ $602.59K |
CL$158.79 Million | Chile | Sep 2025 |
| 27124 |
US Gold Corp
NASDAQ:USAU |
70.5% | $48.75 Million | $14.37 Million | USA | Apr 2026 |
| 27125 |
Ambu A/S
CO:AMBU-B |
70.5% |
Dkr6.10 Billion
≈ $954.55 Million |
Dkr1.80 Billion | Denmark | Mar 2026 |
| 27126 |
W P Carey Inc
NYSE:WPC |
70.5% | $8.36 Billion | $2.47 Billion | USA | Mar 2026 |
| 27127 |
eMudhra Limited
NSE:EMUDHRA |
70.5% |
Rs8.16 Billion
≈ $88.27 Million |
Rs2.41 Billion | India | Sep 2025 |
| 27128 |
Somnomed Ltd
AU:SOM |
70.5% |
AU$50.04 Million
≈ $35.40 Million |
AU$14.77 Million | Australia | Dec 2025 |
| 27129 |
H&K AG
PA:MLHK |
70.5% |
€154.80 Million
≈ $180.98 Million |
€45.70 Million | France | Sep 2025 |
| 27130 |
Ambipar Emergency Response
NYSE MKT:AMBI |
70.4% | $1.49 Billion | $439.53 Million | USA | Dec 2024 |
| 27131 |
Ambipar Emergency Response
NYSE:AMBIQ |
70.4% | $1.49 Billion | $439.53 Million | USA | Dec 2024 |
| 27132 |
JB Chemicals & Pharmaceuticals Limited
NSE:JBCHEPHARM |
70.4% |
Rs41.59 Billion
≈ $449.80 Million |
Rs12.29 Billion | India | Mar 2026 |
| 27133 |
Ambac Financial Group Inc
NYSE:AMBC |
70.4% | $1.15 Billion | $339.20 Million | USA | Sep 2025 |
| 27134 |
Field Solutions Holdings Ltd
AU:FSG |
70.4% |
AU$37.50 Million
≈ $26.53 Million |
AU$11.09 Million | Australia | Jun 2024 |
| 27135 |
FERROGLOBE PLC DL 750
F:5FG |
70.4% |
€670.46 Million
≈ $783.84 Million |
€198.32 Million | Germany | Mar 2026 |
| 27136 |
UCB S.A. UNSP.ADR 1/2
F:UNC0 |
70.4% |
€11.65 Billion
≈ $13.62 Billion |
€3.45 Billion | Germany | Jun 2026 |
| 27137 |
UCB SA
BR:UCB |
70.4% |
€11.65 Billion
≈ $13.62 Billion |
€3.45 Billion | Belgium | Jun 2026 |
| 27138 |
LIG Nex1 Co Ltd
KO:079550 |
70.4% |
₩1.46 Trillion
≈ $987.86 Million |
₩431.43 Billion | Korea | Sep 2025 |
| 27139 |
Catella AB A
ST:CAT-A |
70.4% |
Skr1.85 Billion
≈ $199.20 Million |
Skr548.00 Million | Sweden | Mar 2026 |
| 27140 |
IDEX Corporation
NYSE:IEX |
70.4% | $4.05 Billion | $1.20 Billion | USA | Mar 2026 |
| 27141 |
SK Networks Co Ltd
KO:001740 |
70.3% |
₩2.14 Trillion
≈ $1.45 Billion |
₩634.14 Billion | Korea | Mar 2026 |
| 27142 |
Jiangsu Lianhuan Pharmaceutical Co Ltd
SHG:600513 |
70.3% |
CN¥1.69 Billion
≈ $246.97 Million |
CN¥500.66 Million | China | Mar 2026 |
| 27143 |
Fagron NV
BR:FAGR |
70.3% |
€599.55 Million
≈ $700.94 Million |
€177.97 Million | Belgium | Jun 2026 |
| 27144 |
Vinci Partners Investments Ltd
NASDAQ:VINP |
70.3% | $2.09 Billion | $619.41 Million | USA | Mar 2026 |
| 27145 |
Orexplore Technologies Ltd
AU:OXT |
70.3% |
AU$8.03 Million
≈ $5.68 Million |
AU$2.38 Million | Australia | Dec 2023 |
| 27146 |
Rightmove PLC
LSE:RMV |
70.3% |
GBX72.95 Million
≈ $8.88K |
GBX21.66 Million | UK | Jun 2026 |
| 27147 |
iTonic Holdings Ltd.
NASDAQ:ITOC |
70.3% | $8.13 Million | $2.41 Million | USA | Dec 2025 |
| 27148 |
DukSan Neolux Co.Ltd
KQ:213420 |
70.3% |
₩446.20 Billion
≈ $302.38 Million |
₩132.60 Billion | Korea | Sep 2025 |
| 27149 |
Thales S.A.
PA:HO |
70.3% |
€7.17 Billion
≈ $8.38 Billion |
€2.13 Billion | France | Jun 2025 |
| 27150 |
HAVN LIFE SCIENCES INC.
F:5NP0 |
70.3% Annual |
€3.14 Million
≈ $3.67 Million |
€934.03K | Germany | Apr 2022 |
| 27151 |
JTC PLC LS-01
F:2N9 |
70.2% |
€510.35 Million
≈ $596.65 Million |
€151.91 Million | Germany | Jun 2025 |
| 27152 |
JTC PLC
LSE:JTC |
70.2% |
GBX510.35 Million
≈ $62.09K |
GBX151.91 Million | UK | Jun 2025 |
| 27153 |
PULSION Medical Systems SE
MU:PUS |
70.2% |
€20.60 Million
≈ $24.08 Million |
€6.13 Million | Germany | Dec 2017 |
| 27154 |
Korla Pear
SHG:600506 |
70.2% |
CN¥887.54 Million
≈ $129.88 Million |
CN¥264.39 Million | China | Sep 2025 |
| 27155 |
Staidson Beijing Biopharma
SHE:300204 |
70.2% |
CN¥794.92 Million
≈ $116.32 Million |
CN¥236.85 Million | China | Mar 2026 |
| 27156 |
Grove Collaborative Holdings, Inc.
NYSE:GROV |
70.2% | $7.37 Million | $2.20 Million | USA | Mar 2026 |
| 27157 |
Knorr-Bremse AG
F:KBX |
70.2% |
€2.97 Billion
≈ $3.47 Billion |
€885.00 Million | Germany | Jun 2025 |
| 27158 |
ICU Medical Inc
NASDAQ:ICUI |
70.2% | $2.12 Billion | $633.56 Million | USA | Dec 2025 |
| 27159 |
Kt Skylife
KO:053210 |
70.2% |
₩548.67 Billion
≈ $371.83 Million |
₩163.75 Billion | Korea | Mar 2026 |
| 27160 |
Iflytek Co Ltd
SHE:002230 |
70.1% |
CN¥19.90 Billion
≈ $2.91 Billion |
CN¥5.94 Billion | China | Mar 2026 |
| 27161 |
FUJIFILM HDGS CORP. ADR 1
F:FJIA |
70.1% |
€3.84 Trillion
≈ $4.49 Trillion |
€1.15 Trillion | Germany | Mar 2026 |
| 27162 |
Madhucon Projects Limited
NSE:MADHUCON |
70.1% |
Rs32.61 Billion
≈ $352.66 Million |
Rs9.74 Billion | India | Dec 2021 |
| 27163 |
China New Higher Education Group Limited
F:8CN |
70.1% |
€4.95 Billion
≈ $5.79 Billion |
€1.48 Billion | Germany | Jun 2025 |
| 27164 |
MAG Interactive AB (publ)
ST:MAGI |
70.1% |
Skr297.27 Million
≈ $31.99 Million |
Skr88.82 Million | Sweden | Nov 2025 |
| 27165 |
LEROY SEAFOOD GR.UNSP.ADR
F:Z1L0 |
70.1% |
€19.94 Billion
≈ $23.32 Billion |
€5.97 Billion | Germany | Dec 2025 |
| 27166 |
Wuxi Huaguang Boiler Co Ltd
SHG:600475 |
70.1% |
CN¥10.68 Billion
≈ $1.56 Billion |
CN¥3.20 Billion | China | Mar 2026 |
| 27167 |
Renault SA
PA:RNO |
70.1% |
€22.08 Billion
≈ $25.81 Billion |
€6.61 Billion | France | Jun 2026 |
| 27168 |
Robert Walters
LSE:RWA |
70.1% |
GBX101.20 Million
≈ $12.31K |
GBX30.30 Million | UK | Dec 2025 |
| 27169 |
PARKEN Sport & Entertainment
CO:PARKEN |
70.0% |
Dkr1.42 Billion
≈ $221.47 Million |
Dkr424.26 Million | Denmark | Sep 2025 |
| 27170 |
Elanders AB (publ)
ST:ELAN-B |
70.0% |
Skr3.62 Billion
≈ $389.14 Million |
Skr1.08 Billion | Sweden | Jun 2026 |
| 27171 |
Caleres Inc
NYSE:CAL |
70.0% | $619.37 Million | $185.89 Million | USA | Apr 2026 |
| 27172 |
White Mountains Insurance Group Ltd
NYSE:WTM |
70.0% | $1.32 Billion | $396.40 Million | USA | Mar 2026 |
| 27173 |
Betmakers Technology Group Ltd
AU:BET |
70.0% |
AU$93.96 Million
≈ $66.48 Million |
AU$28.22 Million | Australia | Dec 2025 |
| 27174 |
tonies SE
F:TNIE |
70.0% |
€337.91 Million
≈ $395.05 Million |
€101.51 Million | Germany | Jun 2025 |
| 27175 |
TELEFONICA BRASIL ADR 1
F:TSPA |
70.0% |
€69.00 Billion
≈ $80.67 Billion |
€20.73 Billion | Germany | Dec 2025 |
| 27176 |
Sociedad Química y Minera de Chile S.A
F:QYM |
70.0% |
€8.05 Billion
≈ $9.42 Billion |
€2.42 Billion | Germany | Dec 2025 |
| 27177 |
IMPIANTI S.P.A.
F:F67 |
70.0% |
€1.03 Million
≈ $1.20 Million |
€308.47K | Germany | Dec 2025 |
| 27178 |
PT Satu Visi Putra Tbk
JK:VISI |
70.0% |
Rp185.48 Billion
≈ $10.87 Million |
Rp55.74 Billion | Indonesia | Sep 2025 |
| 27179 |
Propel Holdings Inc
TO:PRL |
69.9% |
CA$259.55 Million
≈ $187.75 Million |
CA$78.09 Million | Canada | Sep 2025 |
| 27180 |
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd
SHE:000552 |
69.9% |
CN¥17.07 Billion
≈ $2.50 Billion |
CN¥5.14 Billion | China | Mar 2026 |
| 27181 |
Tyson Foods Inc
NYSE:TSN |
69.9% | $18.18 Billion | $5.47 Billion | USA | Jun 2026 |
| 27182 |
Objective Corporation Ltd
AU:OCL |
69.9% |
AU$111.45 Million
≈ $78.86 Million |
AU$33.56 Million | Australia | Dec 2025 |
| 27183 |
Pepkor Holdings Ltd
JSE:PPH |
69.9% |
ZAC63.24 Billion
≈ $33.61 Million |
ZAC19.05 Billion | South Africa | Sep 2025 |
| 27184 |
Rastar Group
SHE:300043 |
69.9% |
CN¥1.66 Billion
≈ $243.14 Million |
CN¥500.84 Million | China | Jun 2025 |
| 27185 |
GE Vernova LLC
NYSE:GEV |
69.8% | $15.06 Billion | $4.54 Billion | USA | Mar 2026 |
| 27186 |
Global Power Synergy PCL
BK:GPSC |
69.8% |
฿116.44 Billion
≈ $3.63 Billion |
฿35.13 Billion | Thailand | Dec 2025 |
| 27187 |
Speedvalue Ltd
TA:SPDV |
69.8% |
ILA51.33 Million
≈ $137.60K |
ILA15.49 Million | Israel | Dec 2025 |
| 27188 |
Equity Story Group Ltd
AU:EQS |
69.8% |
AU$444.77K
≈ $314.70K |
AU$134.24K | Australia | Dec 2023 |
| 27189 |
Constellation Brands Inc Class A
NYSE:STZ |
69.8% | $8.39 Billion | $2.53 Billion | USA | Feb 2026 |
| 27190 |
Thai Union Group Public Company Limited
BK:TU-R |
69.8% |
฿52.53 Billion
≈ $1.64 Billion |
฿15.87 Billion | Thailand | Jun 2025 |
| 27191 |
HANSEN TECHNOLOGIES LTD.
F:H2T |
69.8% |
€379.95 Million
≈ $444.20 Million |
€114.81 Million | Germany | Jun 2025 |
| 27192 |
Hansen Technologies Ltd
AU:HSN |
69.8% |
AU$379.95 Million
≈ $268.84 Million |
AU$114.81 Million | Australia | Jun 2025 |
| 27193 |
China Gold International Resources
TO:CGG |
69.8% |
CA$2.38 Billion
≈ $1.72 Billion |
CA$720.72 Million | Canada | Mar 2026 |
| 27194 |
Soosung Innovation Co. Ltd.
KQ:084180 |
69.8% |
₩78.58 Billion
≈ $53.25 Million |
₩23.76 Billion | Korea | Mar 2026 |
| 27195 |
Chesnara
LSE:CSN |
69.8% |
GBX293.30 Million
≈ $35.69K |
GBX88.70 Million | UK | Jun 2025 |
| 27196 |
Solareast Holdings Co Ltd
SHG:603366 |
69.7% |
CN¥4.18 Billion
≈ $612.03 Million |
CN¥1.27 Billion | China | Sep 2025 |
| 27197 |
Widepoint C
NYSE MKT:WYY |
69.7% | $12.16 Million | $3.68 Million | USA | Sep 2025 |
| 27198 |
Goke Microelectronics Co Ltd
SHE:300672 |
69.7% |
CN¥3.87 Billion
≈ $565.97 Million |
CN¥1.17 Billion | China | Mar 2026 |
| 27199 |
LSI Industries Inc
NASDAQ:LYTS |
69.7% | $248.10 Million | $75.11 Million | USA | Dec 2025 |
| 27200 |
Beijing Jingwei Hirain Technologies Co. Ltd. A
SHG:688326 |
69.7% |
CN¥4.08 Billion
≈ $596.34 Million |
CN¥1.23 Billion | China | Mar 2026 |