Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
59.7%
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 |
|---|---|---|---|---|---|---|
| 28001 |
Vitura Health Ltd
AU:VIT |
60.2% |
AU$45.36 Million
≈ $32.10 Million |
AU$18.05 Million | Australia | Dec 2025 |
| 28002 |
VusionGroup
PA:VU |
60.2% |
€206.50 Million
≈ $241.42 Million |
€82.18 Million | France | Jun 2025 |
| 28003 |
Aker Biomarine AS
OL:AKBM |
60.2% |
Nkr149.50 Million
≈ $15.73 Million |
Nkr59.50 Million | Norway | Jun 2025 |
| 28004 |
Allegion PLC
NYSE:ALLE |
60.2% | $2.10 Billion | $836.50 Million | USA | Mar 2026 |
| 28005 |
Tianjin Binhai Energy & Development Co Ltd
SHE:000695 |
60.2% |
CN¥910.57 Million
≈ $133.24 Million |
CN¥362.59 Million | China | Jun 2026 |
| 28006 |
Kangxin New Materials Co Ltd
SHG:600076 |
60.2% |
CN¥3.62 Billion
≈ $529.32 Million |
CN¥1.44 Billion | China | Mar 2026 |
| 28007 |
Norwegian Air Shuttle ASA
OL:NAS |
60.2% |
Nkr5.91 Billion
≈ $622.32 Million |
Nkr2.36 Billion | Norway | Jun 2025 |
| 28008 |
Datavault AI Inc.
NASDAQ:DVLT |
60.2% | $237.97 Million | $94.82 Million | USA | Dec 2025 |
| 28009 |
Thomson Reuters Corp
TO:TRI |
60.2% |
CA$11.89 Billion
≈ $8.60 Billion |
CA$4.74 Billion | Canada | Dec 2025 |
| 28010 |
Xiamen 35Com Tech
SHE:300051 |
60.1% |
CN¥414.84 Million
≈ $60.70 Million |
CN¥165.36 Million | China | Mar 2026 |
| 28011 |
GMM Grammy Public Company Limited
BK:GRAMMY |
60.1% |
฿4.77 Billion
≈ $148.81 Million |
฿1.90 Billion | Thailand | Mar 2026 |
| 28012 |
Proximus NV
BR:PROX |
60.1% |
€4.67 Billion
≈ $5.46 Billion |
€1.86 Billion | Belgium | Jun 2025 |
| 28013 |
Clinica Baviera
MC:CBAV |
60.1% |
€97.36 Million
≈ $113.83 Million |
€38.83 Million | Spain | Sep 2025 |
| 28014 |
Savannah Energy PLC
LSE:SAVE |
60.1% |
GBX444.36 Million
≈ $54.07K |
GBX177.27 Million | UK | Jun 2025 |
| 28015 |
Braskem S.A.
SA:BRKM3 |
60.1% |
R$2.37 Billion
≈ $464.64 Million |
R$945.00 Million | Brazil | Mar 2024 |
| 28016 |
Spir Group ASA
OL:SPIR |
60.1% |
Nkr1.67 Billion
≈ $175.30 Million |
Nkr664.92 Million | Norway | Sep 2025 |
| 28017 |
Amentum Holdings Inc.
NYSE:AMTM |
60.1% | $4.66 Billion | $1.86 Billion | USA | Dec 2025 |
| 28018 |
Installed Building Products Inc
NYSE:IBP |
60.1% | $667.50 Million | $266.50 Million | USA | Mar 2026 |
| 28019 |
Mensch und Maschine Software SE
F:MUM |
60.1% |
€84.76 Million
≈ $99.09 Million |
€33.84 Million | Germany | Dec 2025 |
| 28020 |
Cablevision Holding SA
BA:CVH |
60.1% |
AR$6.54 Trillion
≈ $4.74 Billion |
AR$2.61 Trillion | Argentina | Sep 2025 |
| 28021 |
Hubei Yihua Chemical Industry Co Ltd
SHE:000422 |
60.0% |
CN¥13.91 Billion
≈ $2.03 Billion |
CN¥5.56 Billion | China | Mar 2026 |
| 28022 |
Reading International B Inc
NASDAQ:RDIB |
60.0% | $4.61 Million | $1.84 Million | USA | Sep 2024 |
| 28023 |
Reading International Inc
NASDAQ:RDI |
60.0% | $4.61 Million | $1.84 Million | USA | Sep 2024 |
| 28024 |
Bel Fuse B Inc
NASDAQ:BELFB |
60.0% | $535.71 Million | $214.14 Million | USA | Mar 2026 |
| 28025 |
SHL Telemedicine Ltd American Depositary Shares
NASDAQ:SHLT |
60.0% | $39.25 Million | $15.70 Million | USA | Mar 2025 |
| 28026 |
SMAIO SA
PA:ALSMA |
60.0% |
€6.01 Million
≈ $7.03 Million |
€2.40 Million | France | Dec 2025 |
| 28027 |
ATS CORP.
F:ATO0 |
60.0% |
€1.78 Billion
≈ $2.08 Billion |
€712.99 Million | Germany | Dec 2025 |
| 28028 |
ATS CORP
TO:ATS |
60.0% |
CA$1.78 Billion
≈ $1.29 Billion |
CA$712.99 Million | Canada | Dec 2025 |
| 28029 |
ATS Corporation
NYSE:ATS |
60.0% | $1.78 Billion | $712.40 Million | USA | Dec 2025 |
| 28030 |
EVEREST MED.LTD DL-0001
F:6HN |
60.0% |
€5.30 Billion
≈ $6.20 Billion |
€2.12 Billion | Germany | Dec 2025 |
| 28031 |
Wolfspeed, Inc.
NYSE:WOLF |
59.9% | $1.02 Billion | $409.20 Million | USA | Mar 2026 |
| 28032 |
Shandong Molong Petroleum Machinery Company Limited
F:PXI |
59.9% |
€504.15 Million
≈ $589.40 Million |
€202.03 Million | Germany | Jun 2025 |
| 28033 |
Aebi Schmidt Holding AG - Common Stock
NASDAQ:AEBI |
59.9% | $1.01 Billion | $406.36 Million | USA | Mar 2026 |
| 28034 |
Brainbees Solutions Limited
NSE:FIRSTCRY |
59.9% |
Rs37.91 Billion
≈ $410.03 Million |
Rs15.20 Billion | India | Mar 2024 |
| 28035 |
QXO, Inc.
NASDAQ:QXO |
59.9% | $9.82 Billion | $3.94 Billion | USA | Sep 2025 |
| 28036 |
Zhejiang Narada Power Source
SHE:300068 |
59.9% |
CN¥856.75 Million
≈ $125.37 Million |
CN¥343.65 Million | China | Mar 2026 |
| 28037 |
Danhua Chemical Technology Co Ltd B
SHG:900921 |
59.9% | $289.79 Million | $116.29 Million | China | Jun 2025 |
| 28038 |
Visionox Technology Inc
SHE:002387 |
59.9% |
CN¥6.42 Billion
≈ $939.39 Million |
CN¥2.58 Billion | China | Mar 2026 |
| 28039 |
Vistra Energy Corp
NYSE:VST |
59.9% | $5.22 Billion | $2.10 Billion | USA | Sep 2025 |
| 28040 |
Alkami Technology Inc
NASDAQ:ALKT |
59.8% | $362.68 Million | $145.70 Million | USA | Jun 2026 |
| 28041 |
KWESST Micro Systems Inc. Common Stock
NASDAQ:KWE |
59.8% | $6.78 Million | $2.73 Million | USA | Mar 2025 |
| 28042 |
Shandong Molong Petroleum Machinery Co Ltd
SHE:002490 |
59.8% |
CN¥497.53 Million
≈ $72.80 Million |
CN¥200.02 Million | China | Sep 2025 |
| 28043 |
Redsense Medical AB
ST:REDS |
59.8% |
Skr35.92 Million
≈ $3.87 Million |
Skr14.44 Million | Sweden | Sep 2025 |
| 28044 |
Synopsys Inc
NASDAQ:SNPS |
59.8% | $30.55 Billion | $12.29 Billion | USA | Jan 2026 |
| 28045 |
Truwin Co Ltd
KQ:105550 |
59.8% |
₩125.36 Billion
≈ $84.96 Million |
₩50.43 Billion | Korea | Sep 2025 |
| 28046 |
MACH7 Technologies Ltd
AU:M7T |
59.8% |
AU$45.58 Million
≈ $32.25 Million |
AU$18.34 Million | Australia | Jun 2025 |
| 28047 |
VOGO SA
PA:ALVGO |
59.8% |
€9.62 Million
≈ $11.24 Million |
€3.87 Million | France | Dec 2025 |
| 28048 |
Standard Motor Products Inc
NYSE:SMP |
59.7% | $732.33 Million | $294.97 Million | USA | Jun 2026 |
| 28049 |
GUANGDONG INV.UNSP.ADR/50
F:GUG0 |
59.7% |
€58.14 Billion
≈ $67.97 Billion |
€23.43 Billion | Germany | Dec 2025 |
| 28050 |
Reynolds Consumer Products Inc
NASDAQ:REYN |
59.7% | $2.31 Billion | $931.00 Million | USA | Jun 2026 |
| 28051 |
Cyanconnode Holdings PLC
LSE:CYAN |
59.7% |
GBX11.51 Million
≈ $1.40K |
GBX4.64 Million | UK | Sep 2025 |
| 28052 |
Opko Health Inc
NASDAQ:OPK |
59.7% | $1.18 Billion | $477.57 Million | USA | Jun 2026 |
| 28053 |
1-800 FLOWERS.COM Inc
NASDAQ:FLWS |
59.7% | $192.48 Million | $77.65 Million | USA | Mar 2026 |
| 28054 |
Shenzhen Changfang Light Emitting
SHE:300301 |
59.6% |
CN¥73.33 Million
≈ $10.73 Million |
CN¥29.61 Million | China | Mar 2026 |
| 28055 |
International Business Machines
NYSE:IBM |
59.6% | $34.54 Billion | $13.96 Billion | USA | Jun 2026 |
| 28056 |
Pinnacle Investment Management Group Ltd
AU:PNI |
59.6% |
AU$1.16 Billion
≈ $817.37 Million |
AU$466.79 Million | Australia | Jun 2026 |
| 28057 |
Agrogalaxy Participacoes SA
SA:AGXY3 |
59.6% |
R$453.75 Million
≈ $89.03 Million |
R$183.39 Million | Brazil | Jun 2025 |
| 28058 |
China Railway Construction Corporation Limited
F:4FF |
59.6% |
€437.72 Billion
≈ $511.74 Billion |
€176.91 Billion | Germany | Mar 2026 |
| 28059 |
China Railway Construction Corp Ltd
SHG:601186 |
59.6% |
CN¥437.72 Billion
≈ $64.05 Billion |
CN¥176.91 Billion | China | Mar 2026 |
| 28060 |
George Weston Limited
TO:WN |
59.6% |
CA$13.01 Billion
≈ $9.41 Billion |
CA$5.26 Billion | Canada | Sep 2025 |
| 28061 |
Fangdd Network Group Ltd
NASDAQ:DUO |
59.6% | $578.89 Million | $234.06 Million | USA | Dec 2025 |
| 28062 |
ADENTRA INC.
F:UQ0 |
59.5% |
€669.36 Million
≈ $782.55 Million |
€270.80 Million | Germany | Mar 2026 |
| 28063 |
CHINA CONCH VENT. HD -01
F:68C |
59.5% |
€50.87 Billion
≈ $59.48 Billion |
€20.60 Billion | Germany | Dec 2025 |
| 28064 |
Amer Sports, Inc.
NYSE:AS |
59.5% | $6.76 Billion | $2.74 Billion | USA | Mar 2026 |
| 28065 |
Telecom Italia S.p.A
F:TQIR |
59.5% |
€13.46 Billion
≈ $15.73 Billion |
€5.45 Billion | Germany | Dec 2025 |
| 28066 |
TELECOM ITALIA ADR 1
F:TQIA |
59.5% |
€13.46 Billion
≈ $15.73 Billion |
€5.45 Billion | Germany | Dec 2025 |
| 28067 |
TELECOM ITAL.RISP. ADR/10
F:TQI1 |
59.5% |
€13.46 Billion
≈ $15.73 Billion |
€5.45 Billion | Germany | Dec 2025 |
| 28068 |
CD PROJEKT SA
WAR:CDR |
59.5% |
zł3.41 Billion
≈ $939.23 Million |
zł1.38 Billion | Poland | Mar 2026 |
| 28069 |
Auddia Inc
NASDAQ:AUUDW |
59.4% | $4.19 Million | $1.70 Million | USA | Sep 2025 |
| 28070 |
Sotera Health Co
NASDAQ:SHC |
59.4% | $665.65 Million | $270.17 Million | USA | Jun 2026 |
| 28071 |
Starbox Group Holdings Ltd. Ordinary Shares
NASDAQ:STBX |
59.4% | $109.59 Million | $44.50 Million | USA | Dec 2024 |
| 28072 |
Iovance Biotherapeutics Inc
NASDAQ:IOVA |
59.4% | $702.29 Million | $285.21 Million | USA | Sep 2025 |
| 28073 |
Magazine Luiza S.A
SA:MGLU3 |
59.4% |
R$11.27 Billion
≈ $2.21 Billion |
R$4.58 Billion | Brazil | Mar 2026 |
| 28074 |
Believe SAS
PA:BLV |
59.4% |
€360.52 Million
≈ $421.48 Million |
€146.47 Million | France | Dec 2024 |
| 28075 |
Shotspotter Inc
NASDAQ:SSTI |
59.4% | $72.17 Million | $29.34 Million | USA | Dec 2025 |
| 28076 |
Astrana Health Inc
NASDAQ:ASTH |
59.4% | $598.58 Million | $243.31 Million | USA | Jun 2026 |
| 28077 |
Bioalpha Holdings Bhd
KLSE:0179 |
59.3% |
RM69.43 Million
≈ $17.43 Million |
RM28.23 Million | Malaysia | Dec 2025 |
| 28078 |
Zee Learn Limited
NSE:ZEELEARN |
59.3% |
Rs2.35 Billion
≈ $25.42 Million |
Rs955.73 Million | India | Mar 2026 |
| 28079 |
Shan XI Hua Yang Group New Energy Co Ltd
SHG:600348 |
59.3% |
CN¥32.50 Billion
≈ $4.76 Billion |
CN¥13.22 Billion | China | Sep 2025 |
| 28080 |
Synnex Corporation
NYSE:SNX |
59.3% | $8.95 Billion | $3.64 Billion | USA | May 2026 |
| 28081 |
Concurrent Technologies Plc
LSE:CNC |
59.3% |
GBX40.59 Million
≈ $4.94K |
GBX16.52 Million | UK | Jun 2025 |
| 28082 |
Boyd Group Services Inc.
TO:BYD |
59.3% |
CA$848.24 Million
≈ $613.60 Million |
CA$345.36 Million | Canada | Sep 2025 |
| 28083 |
ESCO Technologies Inc
NYSE:ESE |
59.3% | $1.63 Billion | $664.45 Million | USA | Jun 2026 |
| 28084 |
MasterBrand Inc.
NYSE:MBC |
59.3% | $1.34 Billion | $547.70 Million | USA | Dec 2025 |
| 28085 |
MASTERBRAND INC. DL-001
F:D55 |
59.3% |
€1.34 Billion
≈ $1.57 Billion |
€547.70 Million | Germany | Dec 2025 |
| 28086 |
Procter & Gamble Company
NYSE:PG |
59.2% | $53.32 Billion | $21.74 Billion | USA | Dec 2025 |
| 28087 |
Cosmos Health Inc.
NASDAQ:COSM |
59.2% | $18.42 Million | $7.52 Million | USA | Mar 2026 |
| 28088 |
COSMOS HEALTH NEW DL-01
F:V67A |
59.2% |
€18.42 Million
≈ $21.54 Million |
€7.52 Million | Germany | Dec 2025 |
| 28089 |
P/f Bakkafrost
OL:BAKKA |
59.2% |
Nkr11.04 Billion
≈ $1.16 Billion |
Nkr4.51 Billion | Norway | Dec 2025 |
| 28090 |
Atlassian Corp Plc
NASDAQ:TEAM |
59.2% | $1.06 Billion | $432.26 Million | USA | Jun 2026 |
| 28091 |
HEINEKEN SP. ADR 1/2
F:HNK2 |
59.1% |
€20.61 Billion
≈ $24.10 Billion |
€8.42 Billion | Germany | Dec 2025 |
| 28092 |
Alcon AG
SW:ALC |
59.1% |
CHF22.02 Billion
≈ $27.84 Billion |
CHF9.00 Billion | Switzerland | Dec 2025 |
| 28093 |
Premium Snacks Nordic AB
ST:SNX |
59.1% |
Skr91.96 Million
≈ $9.90 Million |
Skr37.61 Million | Sweden | Mar 2026 |
| 28094 |
G5 Entertainment publ AB
ST:G5EN |
59.1% |
Skr460.84 Million
≈ $49.59 Million |
Skr188.51 Million | Sweden | Jun 2026 |
| 28095 |
MV Oil Trust
NYSE:MVO |
59.1% | $1.83 Million | $749.71K | USA | Mar 2026 |
| 28096 |
Rollins Inc
NYSE:ROL |
59.1% | $1.38 Billion | $565.72 Million | USA | Mar 2026 |
| 28097 |
APS Energia S.A.
WAR:APE |
59.1% |
zł27.74 Million
≈ $7.63 Million |
zł11.36 Million | Poland | Mar 2026 |
| 28098 |
SMX (Security Matters) Public Limited Company Class A Ordinary Shares
NASDAQ:SMX |
59.0% | $19.32 Million | $7.92 Million | USA | Dec 2025 |
| 28099 |
Viewbix Inc. Common Stock
NASDAQ:VBIX |
59.0% | $4.99 Million | $2.04 Million | USA | Dec 2025 |
| 28100 |
Guizhou Chitianhua Co Ltd
SHG:600227 |
59.0% |
CN¥2.24 Billion
≈ $328.21 Million |
CN¥919.71 Million | China | Mar 2026 |