Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
62.4%
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 |
|---|---|---|---|---|---|---|
| 27801 |
Daewoong Pharma
KO:069620 |
63.0% |
₩1.00 Trillion
≈ $680.48 Million |
₩371.20 Billion | Korea | Sep 2025 |
| 27802 |
Xiongan Kerong Environment Technology Co Ltd
SHE:300152 |
63.0% |
CN¥235.60 Million
≈ $34.48 Million |
CN¥87.11 Million | China | Jun 2025 |
| 27803 |
FlexShopper Inc
NASDAQ:FPAY |
63.0% | $33.15 Million | $12.26 Million | USA | Mar 2025 |
| 27804 |
EverGen Infrastructure Corp
V:EVGN |
63.0% |
CA$44.48 Million
≈ $32.18 Million |
CA$16.47 Million | Canada | Mar 2026 |
| 27805 |
Flowers Foods Inc
NYSE:FLO |
63.0% | $1.30 Billion | $482.50 Million | USA | Mar 2026 |
| 27806 |
StubHub Holdings, Inc.
NYSE:STUB |
62.9% | $2.45 Billion | $908.51 Million | USA | Sep 2025 |
| 27807 |
Image Scan Holdings Plc
LSE:IGE |
62.9% |
GBX1.30 Million
≈ $157.81 |
GBX481.00K | UK | Mar 2025 |
| 27808 |
Inspiration Healthcare Group PLC
LSE:IHC |
62.9% |
GBX16.37 Million
≈ $1.99K |
GBX6.07 Million | UK | Jul 2025 |
| 27809 |
BT Group Plc
LSE:BT-A |
62.9% |
GBX12.56 Billion
≈ $1.53 Million |
GBX4.66 Billion | UK | Mar 2026 |
| 27810 |
Polaris Media
OL:POL |
62.9% |
Nkr2.06 Billion
≈ $217.23 Million |
Nkr766.20 Million | Norway | Dec 2025 |
| 27811 |
Zimmer Biomet Holdings Inc
NYSE:ZBH |
62.9% | $12.77 Billion | $4.74 Billion | USA | Sep 2025 |
| 27812 |
Sekar Laut Tbk
JK:SKLT |
62.9% |
Rp957.59 Billion
≈ $56.11 Million |
Rp355.63 Billion | Indonesia | Sep 2025 |
| 27813 |
Ilika plc
LSE:IKA |
62.9% |
GBX14.42 Million
≈ $1.75K |
GBX5.36 Million | UK | Apr 2026 |
| 27814 |
4DMEDICAL Ltd
AU:4DX |
62.9% |
AU$64.24 Million
≈ $45.45 Million |
AU$23.86 Million | Australia | Jun 2025 |
| 27815 |
Maiquer Group Co Ltd
SHE:002719 |
62.8% |
CN¥100.40 Million
≈ $14.69 Million |
CN¥37.32 Million | China | Mar 2026 |
| 27816 |
Pingdingshan Tianan Coal Mining Co Ltd
SHG:601666 |
62.8% |
CN¥28.62 Billion
≈ $4.19 Billion |
CN¥10.64 Billion | China | Mar 2026 |
| 27817 |
Bitros Holding S.A
AT:MPITR |
62.8% Annual |
€4.76 Million
≈ $5.56 Million |
€1.77 Million | Greece | Dec 2016 |
| 27818 |
Acuity Brands Inc
NYSE:AYI |
62.8% | $2.84 Billion | $1.06 Billion | USA | Feb 2026 |
| 27819 |
TOTVS S.A
SA:TOTS3 |
62.8% |
R$5.46 Billion
≈ $1.07 Billion |
R$2.03 Billion | Brazil | Jun 2026 |
| 27820 |
Doman Building Materials Group Ltd
TO:DBM |
62.8% |
CA$666.73 Million
≈ $482.30 Million |
CA$248.02 Million | Canada | Mar 2026 |
| 27821 |
M Grass Ecology and Environment Group Co Ltd
SHE:300355 |
62.8% |
CN¥5.07 Billion
≈ $742.21 Million |
CN¥1.89 Billion | China | Jun 2025 |
| 27822 |
Pricer AB (publ)
ST:PRIC-B |
62.8% |
Skr1.07 Billion
≈ $115.13 Million |
Skr398.30 Million | Sweden | Dec 2025 |
| 27823 |
Yesway, Inc. Class A Common Stock
NASDAQ:YSWY |
62.8% Annual | $754.30 Million | $280.95 Million | USA | Dec 2025 |
| 27824 |
Benchmark Holdings Plc
LSE:BMK |
62.8% |
GBX302.83 Million
≈ $36.85K |
GBX112.80 Million | UK | Mar 2025 |
| 27825 |
Centuri Holdings, Inc.
NYSE:CTRI |
62.7% | $875.52 Million | $326.26 Million | USA | Jun 2026 |
| 27826 |
Jiangsu Aoyang Technology Ltd
SHE:002172 |
62.7% |
CN¥162.54 Million
≈ $23.79 Million |
CN¥60.59 Million | China | Mar 2026 |
| 27827 |
PetMed Express Inc
NASDAQ:PETS |
62.7% | $28.94 Million | $10.79 Million | USA | Mar 2026 |
| 27828 |
MYT Netherlands Parent BV
NYSE:MYTE |
62.7% | $415.95 Million | $155.26 Million | USA | Mar 2025 |
| 27829 |
ARC Funds Ltd
AU:ARC |
62.7% |
AU$2.02 Million
≈ $1.43 Million |
AU$753.22K | Australia | Dec 2025 |
| 27830 |
Avation PLC
LSE:AVAP |
62.7% |
GBX230.44 Million
≈ $28.04K |
GBX86.05 Million | UK | Dec 2025 |
| 27831 |
China Fortune Land Development Co Ltd
SHG:600340 |
62.6% |
CN¥9.78 Billion
≈ $1.43 Billion |
CN¥3.65 Billion | China | Sep 2025 |
| 27832 |
ZheJiang BangJie Digital Knitting Share Co Ltd
SHE:002634 |
62.6% |
CN¥47.05 Million
≈ $6.88 Million |
CN¥17.58 Million | China | Jun 2025 |
| 27833 |
Kamada
TA:KMDA |
62.6% |
ILA265.23 Million
≈ $711.08K |
ILA99.19 Million | Israel | Sep 2025 |
| 27834 |
Core & Main Inc
NYSE:CNM |
62.6% | $2.11 Billion | $791.00 Million | USA | Apr 2026 |
| 27835 |
Koninklijke Ahold Delhaize NV
AS:AD |
62.6% |
€14.45 Billion
≈ $16.89 Billion |
€5.41 Billion | Netherlands | Jun 2026 |
| 27836 |
Shenzhen Salubris Pharmaceuticals Co Ltd
SHE:002294 |
62.6% |
CN¥8.93 Billion
≈ $1.31 Billion |
CN¥3.34 Billion | China | Sep 2025 |
| 27837 |
Kakao Corp
KO:035720 |
62.6% |
₩14.65 Trillion
≈ $9.93 Billion |
₩5.49 Trillion | Korea | Sep 2025 |
| 27838 |
LVMH Moët Hennessy - Louis Vuitton Société Européenne
PA:MC |
62.6% |
€66.88 Billion
≈ $78.18 Billion |
€25.04 Billion | France | Jun 2025 |
| 27839 |
Pembina Pipeline Corp
TO:PPL |
62.5% |
CA$16.90 Billion
≈ $12.22 Billion |
CA$6.33 Billion | Canada | Mar 2026 |
| 27840 |
China First Heavy Industries
SHG:601106 |
62.5% |
CN¥6.72 Billion
≈ $983.43 Million |
CN¥2.52 Billion | China | Sep 2025 |
| 27841 |
Affiliated Managers Group, Inc.
NYSE:AMG |
62.5% | $4.20 Billion | $1.58 Billion | USA | Jun 2026 |
| 27842 |
Ezwelfare Co Ltd
KQ:090850 |
62.5% |
₩105.30 Billion
≈ $71.36 Million |
₩39.53 Billion | Korea | Sep 2025 |
| 27843 |
Rekor Systems Inc
NASDAQ:REKR |
62.4% | $34.47 Million | $12.95 Million | USA | Mar 2026 |
| 27844 |
Atende S.A.
WAR:ATD |
62.4% |
zł60.71 Million
≈ $16.71 Million |
zł22.83 Million | Poland | Mar 2026 |
| 27845 |
Tibet GaoZheng Explosive Co Ltd
SHE:002827 |
62.4% |
CN¥1.53 Billion
≈ $224.31 Million |
CN¥576.65 Million | China | Mar 2026 |
| 27846 |
Amoeba SA
PA:ALMIB |
62.4% |
€6.64 Million
≈ $7.76 Million |
€2.50 Million | France | Jun 2023 |
| 27847 |
Kaufman Et Broad
PA:KOF |
62.4% |
€251.17 Million
≈ $293.64 Million |
€94.49 Million | France | Feb 2026 |
| 27848 |
Trane Technologies plc
F:2IS |
62.4% |
€8.60 Billion
≈ $10.06 Billion |
€3.24 Billion | Germany | Dec 2025 |
| 27849 |
Trane Technologies plc
NYSE:TT |
62.4% | $8.60 Billion | $3.24 Billion | USA | Dec 2025 |
| 27850 |
Turtle Beach Corporation
NASDAQ:TBCH |
62.4% | $80.72 Million | $30.38 Million | USA | Jun 2026 |
| 27851 |
TKO Group Holdings, Inc.
NYSE:TKO |
62.3% | $8.53 Billion | $3.21 Billion | USA | Mar 2026 |
| 27852 |
Verney-Carron S.A
PA:MLVER |
62.3% Annual |
€4.41 Million
≈ $5.16 Million |
€1.66 Million | France | Dec 2021 |
| 27853 |
Shufersal
TA:SAE |
62.3% |
ILA4.01 Billion
≈ $10.76 Million |
ILA1.51 Billion | Israel | Mar 2026 |
| 27854 |
Parkway Corporate Ltd
AU:PWN |
62.3% |
AU$15.51 Million
≈ $10.97 Million |
AU$5.84 Million | Australia | Dec 2025 |
| 27855 |
Resonance Health Ltd
AU:RHT |
62.3% |
AU$10.94 Million
≈ $7.74 Million |
AU$4.12 Million | Australia | Dec 2025 |
| 27856 |
BHG Group AB (publ)
ST:BHG |
62.3% |
Skr6.04 Billion
≈ $650.50 Million |
Skr2.28 Billion | Sweden | Sep 2025 |
| 27857 |
Metropolis Healthcare Limited
NSE:METROPOLIS |
62.3% |
Rs14.43 Billion
≈ $156.07 Million |
Rs5.45 Billion | India | Sep 2025 |
| 27858 |
Global Fashion Group S.A
F:GFG |
62.2% |
€161.20 Million
≈ $188.46 Million |
€60.90 Million | Germany | Jun 2025 |
| 27859 |
Shineco Inc
NASDAQ:SISI |
62.2% | $26.06 Million | $9.85 Million | USA | Mar 2025 |
| 27860 |
Shenyang Chemical Industry Co Ltd
SHE:000698 |
62.2% |
CN¥1.39 Billion
≈ $203.42 Million |
CN¥525.50 Million | China | Mar 2026 |
| 27861 |
Ser Educacional Sa
SA:SEER3 |
62.2% |
R$1.42 Billion
≈ $278.16 Million |
R$536.35 Million | Brazil | Mar 2026 |
| 27862 |
Vertiv Holdings Co
NYSE:VRT |
62.1% | $4.76 Billion | $1.80 Billion | USA | Jun 2026 |
| 27863 |
AmpliTech Group Inc
NASDAQ:AMPGW |
62.1% | $35.82 Million | $13.57 Million | USA | Sep 2025 |
| 27864 |
Catcha Digital Bhd
KLSE:0173 |
62.1% |
RM65.43 Million
≈ $16.43 Million |
RM24.79 Million | Malaysia | Sep 2025 |
| 27865 |
Coral Products
LSE:CRU |
62.1% |
GBX12.06 Million
≈ $1.47K |
GBX4.57 Million | UK | Oct 2025 |
| 27866 |
Sanofi
MX:SNYN |
62.1% |
MX$69.57 Billion
≈ $4.00 Billion |
MX$26.36 Billion | Mexico | Jun 2026 |
| 27867 |
cbdMD Inc
NYSE MKT:YCBD |
62.1% | $6.11 Million | $2.32 Million | USA | Jun 2025 |
| 27868 |
YTL Corporation Bhd
KLSE:4677 |
62.1% |
RM27.98 Billion
≈ $7.02 Billion |
RM10.61 Billion | Malaysia | Sep 2025 |
| 27869 |
CSL Ltd
AU:CSL |
62.1% |
AU$21.48 Billion
≈ $15.20 Billion |
AU$8.15 Billion | Australia | Jun 2025 |
| 27870 |
Pollen Street PLC
LSE:POLN |
62.1% |
GBX597.01 Million
≈ $72.64K |
GBX226.46 Million | UK | Dec 2025 |
| 27871 |
Broadcom Inc
NASDAQ:AVGO |
62.1% | $79.87 Billion | $30.30 Billion | USA | Jan 2026 |
| 27872 |
Nolato AB (publ)
ST:NOLA-B |
62.1% |
Skr5.85 Billion
≈ $629.34 Million |
Skr2.22 Billion | Sweden | Mar 2026 |
| 27873 |
Worldline SA
PA:WLN |
62.0% |
€4.51 Billion
≈ $5.27 Billion |
€1.71 Billion | France | Jun 2026 |
| 27874 |
BIMobject AB
ST:BIM |
62.0% |
Skr173.14 Million
≈ $18.63 Million |
Skr65.73 Million | Sweden | Sep 2025 |
| 27875 |
Kencana Agri Limited
F:KEBA |
62.0% |
€56.88 Million
≈ $66.50 Million |
€21.60 Million | Germany | Dec 2025 |
| 27876 |
Metro Inc.
TO:MRU |
62.0% |
CA$6.96 Billion
≈ $5.03 Billion |
CA$2.64 Billion | Canada | Mar 2026 |
| 27877 |
Pembangunan Perumahan PT
JK:PTPP |
62.0% |
Rp15.31 Trillion
≈ $897.11 Million |
Rp5.82 Trillion | Indonesia | Jun 2025 |
| 27878 |
Arca Continental S.A.B. de C.V
MX:AC |
62.0% |
MX$159.84 Billion
≈ $9.20 Billion |
MX$60.73 Billion | Mexico | Mar 2026 |
| 27879 |
Camplify Holdings Ltd
AU:CHL |
62.0% |
AU$41.29 Million
≈ $29.22 Million |
AU$15.69 Million | Australia | Jun 2025 |
| 27880 |
Westinghouse Air Brake Technologies Corp
NYSE:WAB |
62.0% | $11.15 Billion | $4.24 Billion | USA | Mar 2026 |
| 27881 |
GR Engineering Services Ltd
AU:GNG |
62.0% |
AU$70.38 Million
≈ $49.80 Million |
AU$26.76 Million | Australia | Dec 2025 |
| 27882 |
YY Group Holding Limited Class A Ordinary Shares
NASDAQ:YYGH |
62.0% | $13.61 Million | $5.17 Million | USA | Mar 2026 |
| 27883 |
MLP SE
XETRA:MLP |
62.0% |
€576.94 Million
≈ $674.51 Million |
€219.36 Million | Germany | Sep 2025 |
| 27884 |
123fahrschule SE
DU:123F |
61.9% |
€10.08 Million
≈ $11.79 Million |
€3.84 Million | Germany | Jun 2025 |
| 27885 |
Koninklijke Heijmans N.V.
AS:HEIJM |
61.9% |
€554.00 Million
≈ $647.68 Million |
€211.00 Million | Netherlands | Jun 2026 |
| 27886 |
Red Violet Inc
NASDAQ:RDVT |
61.9% | $101.73 Million | $38.75 Million | USA | Sep 2025 |
| 27887 |
Accel Solutions Group Ltd
TA:ACCL |
61.9% |
ILA253.18 Million
≈ $678.76K |
ILA96.44 Million | Israel | Dec 2025 |
| 27888 |
MGM China Holdings Limited
F:M04 |
61.9% |
€3.25 Billion
≈ $3.80 Billion |
€1.24 Billion | Germany | Dec 2025 |
| 27889 |
Mango Excellent Media Co Ltd
SHE:300413 |
61.9% |
CN¥23.21 Billion
≈ $3.40 Billion |
CN¥8.85 Billion | China | Sep 2025 |
| 27890 |
Theranexus SA
PA:ALTHX |
61.9% |
€2.90 Million
≈ $3.39 Million |
€1.11 Million | France | Dec 2025 |
| 27891 |
CJ CheilJedang Corp
KO:097955 |
61.9% |
₩12.22 Trillion
≈ $8.28 Billion |
₩4.66 Trillion | Korea | Sep 2025 |
| 27892 |
Balco Group AB
ST:BALCO |
61.9% |
Skr737.90 Million
≈ $79.41 Million |
Skr281.50 Million | Sweden | Jun 2026 |
| 27893 |
RTB Digital, Inc.
NASDAQ:RTB |
61.8% | $668.00K | $255.00K | USA | Dec 2025 |
| 27894 |
Aveanna Healthcare Holdings Inc
NASDAQ:AVAH |
61.8% | $240.78 Million | $91.93 Million | USA | Mar 2026 |
| 27895 |
Pollard Banknote Limited
TO:PBL |
61.8% |
CA$376.50 Million
≈ $272.35 Million |
CA$143.90 Million | Canada | Mar 2026 |
| 27896 |
Telecom Argentina
BA:TECO2 |
61.7% |
AR$6.98 Trillion
≈ $5.05 Billion |
AR$2.67 Trillion | Argentina | Dec 2025 |
| 27897 |
Telecom Argentina S.A
F:TEO |
61.7% |
€6.98 Trillion
≈ $8.16 Trillion |
€2.67 Trillion | Germany | Dec 2025 |
| 27898 |
NoHo Partners Oyj
HE:NOHO |
61.7% |
€107.90 Million
≈ $126.15 Million |
€41.30 Million | Finland | Jun 2025 |
| 27899 |
Allegro.eu S.A.
WAR:ALE |
61.7% |
zł10.57 Billion
≈ $2.91 Billion |
zł4.05 Billion | Poland | Mar 2026 |
| 27900 |
Kolon Corp
KO:002020 |
61.7% |
₩2.46 Trillion
≈ $1.67 Billion |
₩943.53 Billion | Korea | Sep 2025 |