Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
58.1%
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 |
|---|---|---|---|---|---|---|
| 28101 |
Traton SE
F:8TRA |
58.9% |
€19.21 Billion
≈ $22.46 Billion |
€7.89 Billion | Germany | Jun 2026 |
| 28102 |
Companhia Siderurgica Nacional ADR
NYSE:SID |
58.9% | $15.70 Billion | $6.45 Billion | USA | Jun 2026 |
| 28103 |
Adtran Networks SE
F:ADV |
58.9% |
€345.83 Million
≈ $404.31 Million |
€142.10 Million | Germany | Jun 2025 |
| 28104 |
Compania General de Electricidad SA
SN:CGE |
58.9% |
CL$1.51 Trillion
≈ $1.68 Billion |
CL$618.57 Billion | Chile | Jun 2025 |
| 28105 |
Broadridge Financial Solutions Inc
NYSE:BR |
58.9% | $2.82 Billion | $1.16 Billion | USA | Mar 2026 |
| 28106 |
Wolverine World Wide Inc
NYSE:WWW |
58.9% | $433.00 Million | $178.10 Million | USA | Mar 2026 |
| 28107 |
Viscom AG
XETRA:V6C |
58.9% |
€39.59 Million
≈ $46.29 Million |
€16.29 Million | Germany | Mar 2026 |
| 28108 |
CML Microsystems Plc
LSE:CML |
58.8% |
GBX49.35 Million
≈ $6.00K |
GBX20.32 Million | UK | Sep 2025 |
| 28109 |
Scandinavian Tobacco Group A/S
CO:STG |
58.8% |
Dkr8.71 Billion
≈ $1.36 Billion |
Dkr3.59 Billion | Denmark | Mar 2026 |
| 28110 |
Sharda Cropchem Limited
NSE:SHARDACROP |
58.8% |
Rs26.76 Billion
≈ $289.39 Million |
Rs11.02 Billion | India | Sep 2025 |
| 28111 |
SenzaGen AB
ST:SENZA |
58.8% |
Skr74.24 Million
≈ $7.99 Million |
Skr30.59 Million | Sweden | Sep 2025 |
| 28112 |
Kolon Corp
KO:002025 |
58.8% |
₩2.61 Trillion
≈ $1.77 Billion |
₩1.08 Trillion | Korea | Mar 2026 |
| 28113 |
UPHEALTH INC
F:5XV |
58.8% Annual |
€55.10 Million
≈ $64.42 Million |
€22.72 Million | Germany | Dec 2023 |
| 28114 |
Therma Bright Inc
V:THRM |
58.8% |
CA$1.14 Million
≈ $826.58K |
CA$471.21K | Canada | Apr 2025 |
| 28115 |
Earlypay Ltd
AU:EPY |
58.7% |
AU$70.10 Million
≈ $49.60 Million |
AU$28.92 Million | Australia | Dec 2025 |
| 28116 |
Yellow Pages Limited
TO:Y |
58.7% |
CA$51.84 Million
≈ $37.50 Million |
CA$21.40 Million | Canada | Dec 2025 |
| 28117 |
Shenyang Blue Silver Ind Auto
SHE:300293 |
58.7% |
CN¥743.75 Million
≈ $108.83 Million |
CN¥307.05 Million | China | Mar 2026 |
| 28118 |
Stockwik Forvaltning AB
ST:STWK |
58.7% |
Skr189.90 Million
≈ $20.44 Million |
Skr78.40 Million | Sweden | Sep 2025 |
| 28119 |
Janus Henderson Group PLC
F:HDJA |
58.7% |
€6.12 Billion
≈ $7.15 Billion |
€2.53 Billion | Germany | Dec 2025 |
| 28120 |
Abeo SAS
PA:ABEO |
58.6% |
€110.10 Million
≈ $128.72 Million |
€45.55 Million | France | Sep 2025 |
| 28121 |
AG Anadolu Group Holding
IS:AGHOL |
58.6% |
TL307.59 Billion
≈ $6.89 Billion |
TL127.27 Billion | Turkey | Sep 2025 |
| 28122 |
Heineken Holding NV
AS:HEIO |
58.6% |
€20.34 Billion
≈ $23.77 Billion |
€8.42 Billion | Netherlands | Dec 2025 |
| 28123 |
Gospell Digital Technology Co Ltd
SHE:002848 |
58.6% |
CN¥82.60 Million
≈ $12.09 Million |
CN¥34.22 Million | China | Mar 2026 |
| 28124 |
Xplus SA
WAR:XPL |
58.5% |
zł17.64 Million
≈ $4.85 Million |
zł7.32 Million | Poland | Sep 2025 |
| 28125 |
Henan Qingshuiyuan Technology Co Ltd
SHE:300437 |
58.5% |
CN¥1.41 Billion
≈ $205.92 Million |
CN¥584.14 Million | China | Sep 2025 |
| 28126 |
Pinnacle Food Group Limited Class A Common Shares
NASDAQ:PFAI |
58.5% | $4.17 Million | $1.73 Million | USA | Mar 2026 |
| 28127 |
Crypto Blockchain Industries SA
PA:ALCBI |
58.5% |
€9.52 Million
≈ $11.13 Million |
€3.95 Million | France | Sep 2025 |
| 28128 |
Ahlers AG
F:AAH |
58.5% |
€41.84 Million
≈ $48.92 Million |
€17.38 Million | Germany | May 2023 |
| 28129 |
XL Axiata Tbk PT
JK:EXCL |
58.5% |
Rp32.00 Trillion
≈ $1.87 Billion |
Rp13.29 Trillion | Indonesia | Sep 2025 |
| 28130 |
Westrock Coffee Company
NASDAQ:WEST |
58.4% | $253.19 Million | $105.20 Million | USA | Mar 2026 |
| 28131 |
Delivery Hero SE
XETRA:DHER |
58.4% |
€1.79 Billion
≈ $2.10 Billion |
€745.70 Million | Germany | Dec 2025 |
| 28132 |
Laboratory Corporation of America Holdings
NYSE:LH |
58.4% | $8.75 Billion | $3.64 Billion | USA | Mar 2026 |
| 28133 |
Green Hydrogen Systems AS
CO:GREENH |
58.4% |
Dkr673.08 Million
≈ $105.31 Million |
Dkr279.99 Million | Denmark | Jun 2024 |
| 28134 |
Bidvest Group Ltd
JSE:BVT |
58.4% |
ZAC41.41 Billion
≈ $22.01 Million |
ZAC17.23 Billion | South Africa | Jun 2025 |
| 28135 |
Mutares SE & Co. KGaA
XETRA:MUX |
58.4% |
€738.40 Million
≈ $863.27 Million |
€307.30 Million | Germany | Jun 2026 |
| 28136 |
Kanger International Bhd
KLSE:0170 |
58.4% |
RM216.94 Million
≈ $54.47 Million |
RM90.29 Million | Malaysia | Dec 2025 |
| 28137 |
Cardinal Infrastructure Group Inc. Class A Common Stock
NASDAQ:CDNL |
58.4% | $262.00 Million | $109.05 Million | USA | Mar 2026 |
| 28138 |
Reliance Global Group Inc
NASDAQ:RELI |
58.4% | $7.42 Million | $3.09 Million | USA | Mar 2026 |
| 28139 |
Stem Inc
NYSE:STEM |
58.3% | $372.05 Million | $155.01 Million | USA | Mar 2024 |
| 28140 |
Bionime Corp
TW:4737 |
58.3% |
NT$2.21 Billion
≈ $69.71 Million |
NT$922.73 Million | Taiwan | Mar 2026 |
| 28141 |
Tornado Global Hydrovacs Ltd
V:TGH |
58.3% |
CA$47.38 Million
≈ $34.27 Million |
CA$19.77 Million | Canada | Sep 2025 |
| 28142 |
Kancera AB (publ)
ST:KAN |
58.3% |
Skr43.12 Million
≈ $4.64 Million |
Skr18.00 Million | Sweden | Jun 2025 |
| 28143 |
Ninety One PLC
JSE:N91 |
58.2% |
ZAC702.60 Million
≈ $373.40K |
ZAC293.50 Million | South Africa | Mar 2026 |
| 28144 |
NIB Holdings Ltd
AU:NHF |
58.2% |
AU$1.11 Billion
≈ $788.44 Million |
AU$465.60 Million | Australia | Dec 2025 |
| 28145 |
Bilendi
PA:ALBLD |
58.2% |
€42.31 Million
≈ $49.47 Million |
€17.68 Million | France | Jun 2025 |
| 28146 |
AfroCentric Investment Corp
JSE:ACT |
58.2% |
ZAC3.33 Billion
≈ $1.77 Million |
ZAC1.39 Billion | South Africa | Jun 2025 |
| 28147 |
Argo Blockchain PLC ADR
NASDAQ:ARBK |
58.1% | $12.90 Million | $5.40 Million | USA | Dec 2025 |
| 28148 |
Serena Energia S.A.
SA:SRNA3 |
58.1% |
R$5.44 Billion
≈ $1.07 Billion |
R$2.28 Billion | Brazil | Mar 2025 |
| 28149 |
MLP Saglik Hizmetleri AS
IS:MPARK |
58.1% |
TL46.38 Billion
≈ $1.04 Billion |
TL19.43 Billion | Turkey | Jun 2026 |
| 28150 |
JIADE LIMITED Common stock
NASDAQ:JDZG |
58.1% | $120.81 Million | $50.63 Million | USA | Mar 2026 |
| 28151 |
ConvaTec Group PLC
LSE:CTEC |
58.1% |
GBX1.81 Billion
≈ $220.37K |
GBX759.30 Million | UK | Jun 2025 |
| 28152 |
Paylocity Holding Corporation
NASDAQ:PCTY |
58.1% | $1.22 Billion | $512.37 Million | USA | Jun 2026 |
| 28153 |
Bel Fuse A Inc
NASDAQ:BELFA |
58.0% | $518.67 Million | $217.97 Million | USA | Dec 2025 |
| 28154 |
Ameriprise Financial Inc
NYSE:AMP |
58.0% | $6.21 Billion | $2.61 Billion | USA | Mar 2026 |
| 28155 |
G.M. LEATHER S.P.A.
F:N78 |
57.9% |
€13.56 Million
≈ $15.85 Million |
€5.70 Million | Germany | Dec 2025 |
| 28156 |
Kforce Inc.
NYSE:KFRC |
57.9% | $124.60 Million | $52.42 Million | USA | Dec 2025 |
| 28157 |
Huaibei Mining Holdings Co Ltd
SHG:600985 |
57.9% |
CN¥45.79 Billion
≈ $6.70 Billion |
CN¥19.27 Billion | China | Sep 2025 |
| 28158 |
Koninklijke BAM Groep NV
AS:BAMNB |
57.9% |
€885.90 Million
≈ $1.04 Billion |
€372.80 Million | Netherlands | Jun 2025 |
| 28159 |
Kellanova
NYSE:K |
57.9% | $4.29 Billion | $1.81 Billion | USA | Sep 2025 |
| 28160 |
Certara Inc
NASDAQ:CERT |
57.9% | $1.06 Billion | $447.48 Million | USA | Dec 2025 |
| 28161 |
Nuvve Holding Corp
NASDAQ:NVVE |
57.9% | $2.53 Million | $1.07 Million | USA | Dec 2025 |
| 28162 |
Profithol S.A.
MC:SPH |
57.9% |
€2.11 Million
≈ $2.47 Million |
€889.46K | Spain | Dec 2024 |
| 28163 |
Xvivo Perfusion AB
ST:XVIVO |
57.9% |
Skr2.20 Billion
≈ $236.78 Million |
Skr927.14 Million | Sweden | Jun 2026 |
| 28164 |
Ascom Holding AG
SW:ASCN |
57.8% |
CHF70.10 Million
≈ $88.63 Million |
CHF29.60 Million | Switzerland | Jun 2026 |
| 28165 |
Amesite Operating Co
NASDAQ:AMST |
57.8% | $1.30 Million | $549.96K | USA | Mar 2026 |
| 28166 |
Asure Software Inc
NASDAQ:ASUR |
57.8% | $197.76 Million | $83.53 Million | USA | Jun 2026 |
| 28167 |
Shanghai Jin Jiang International Hotels Development Co Ltd A
SHG:600754 |
57.8% |
CN¥16.40 Billion
≈ $2.40 Billion |
CN¥6.92 Billion | China | Mar 2026 |
| 28168 |
Shanghai Jin Jiang International Hotels Development Co Ltd B
SHG:900934 |
57.8% | $16.40 Billion | $6.92 Billion | China | Mar 2026 |
| 28169 |
Shanxi Xishan Coal and Electricity Power Co Ltd
SHE:000983 |
57.7% |
CN¥48.05 Billion
≈ $7.03 Billion |
CN¥20.30 Billion | China | Mar 2026 |
| 28170 |
KBR Inc
NYSE:KBR |
57.7% | $1.64 Billion | $694.00 Million | USA | Jun 2026 |
| 28171 |
GS TECHS LTD (DI)
F:6Y3 |
57.7% |
€10.13 Million
≈ $11.84 Million |
€4.28 Million | Germany | Sep 2025 |
| 28172 |
Reworld Media
PA:ALREW |
57.7% |
€251.50 Million
≈ $294.03 Million |
€106.31 Million | France | Dec 2025 |
| 28173 |
GSTechnologies Ltd
LSE:GST |
57.7% |
GBX10.12 Million
≈ $1.23K |
GBX4.28 Million | UK | Sep 2025 |
| 28174 |
KON. KPN NV ADR/1 O.N.
F:KPNB |
57.7% |
€3.44 Billion
≈ $4.02 Billion |
€1.46 Billion | Germany | Jun 2025 |
| 28175 |
Western Union Co
NYSE:WU |
57.7% | $914.70 Million | $386.90 Million | USA | Jun 2026 |
| 28176 |
eQ Oyj
HE:EQV1V |
57.7% |
€69.06 Million
≈ $80.74 Million |
€29.21 Million | Finland | Dec 2025 |
| 28177 |
All For One Steeb AG
F:A1OS |
57.7% |
€84.56 Million
≈ $98.86 Million |
€35.80 Million | Germany | Jun 2026 |
| 28178 |
Anhui Hengyuan Coal Industry and Electricity Power Co Ltd
SHG:600971 |
57.6% |
CN¥12.38 Billion
≈ $1.81 Billion |
CN¥5.24 Billion | China | Mar 2026 |
| 28179 |
HYDROGEN UTOPIA INT.-001
F:D60 |
57.6% |
€1.43 Million
≈ $1.67 Million |
€606.12K | Germany | Jun 2025 |
| 28180 |
Optiva Inc
TO:OPT |
57.6% |
CA$60.17 Million
≈ $43.53 Million |
CA$25.51 Million | Canada | Sep 2017 |
| 28181 |
Ingersoll Rand Inc
NYSE:IR |
57.6% | $10.19 Billion | $4.32 Billion | USA | Sep 2025 |
| 28182 |
Generation Income Properties Inc
NASDAQ:GIPR |
57.6% | $21.74 Million | $9.22 Million | USA | Mar 2026 |
| 28183 |
Respiri Ltd
AU:RSH |
57.5% |
AU$4.82 Million
≈ $3.41 Million |
AU$2.04 Million | Australia | Dec 2024 |
| 28184 |
Rentokil Initial PLC
NYSE:RTO |
57.5% | $5.49 Billion | $2.33 Billion | USA | Dec 2025 |
| 28185 |
RENTOKIL INITIAL ADR/5
F:RTO |
57.5% |
€5.49 Billion
≈ $6.42 Billion |
€2.33 Billion | Germany | Dec 2025 |
| 28186 |
Midsona AB (publ)
ST:MSON-A |
57.5% |
Skr2.93 Billion
≈ $315.64 Million |
Skr1.25 Billion | Sweden | Dec 2025 |
| 28187 |
Pacira BioSciences, Inc.
NASDAQ:PCRX |
57.5% | $671.97 Million | $285.48 Million | USA | Jun 2026 |
| 28188 |
Grupo Aeroméxico S.A.B. de C.V
MX:AEROMEX |
57.5% |
MX$5.03 Billion
≈ $289.63 Million |
MX$2.14 Billion | Mexico | Mar 2020 |
| 28189 |
Minerva S.A
SA:BEEF3 |
57.5% |
R$1.86 Billion
≈ $364.19 Million |
R$789.03 Million | Brazil | Mar 2026 |
| 28190 |
Volution Group plc
LSE:FAN |
57.5% |
GBX269.99 Million
≈ $32.85K |
GBX114.83 Million | UK | Jul 2025 |
| 28191 |
3U Holding AG
XETRA:UUU |
57.5% |
€70.61 Million
≈ $82.55 Million |
€30.03 Million | Germany | Mar 2026 |
| 28192 |
Wicaksana Overseas International
JK:WICO |
57.5% |
Rp5.70 Billion
≈ $334.09K |
Rp2.43 Billion | Indonesia | Dec 2023 |
| 28193 |
Coronation Fund Managers Ltd
JSE:CML |
57.5% |
ZAC2.56 Billion
≈ $1.36 Million |
ZAC1.09 Billion | South Africa | Mar 2026 |
| 28194 |
Emerson Electric Company
NYSE:EMR |
57.4% | $20.39 Billion | $8.69 Billion | USA | Jun 2026 |
| 28195 |
Eagle Pharmaceuticals Inc
NASDAQ:EGRX |
57.4% | $252.04 Million | $107.41 Million | USA | Jun 2023 |
| 28196 |
Onewater Marine
NASDAQ:ONEW |
57.4% | $286.05 Million | $121.93 Million | USA | Jun 2026 |
| 28197 |
Clearway Energy Inc
NYSE:CWEN-A |
57.3% | $5.57 Billion | $2.38 Billion | USA | Mar 2026 |
| 28198 |
Fsport AB
ST:FSPORT |
57.3% |
Skr16.82 Million
≈ $1.81 Million |
Skr7.17 Million | Sweden | Mar 2026 |
| 28199 |
Corero Network Security plc
LSE:CNS |
57.3% |
GBX16.64 Million
≈ $2.02K |
GBX7.10 Million | UK | Jun 2025 |
| 28200 |
Green Cross Holdings Preference Shares
KO:005257 |
57.3% |
₩1.72 Trillion
≈ $1.17 Billion |
₩733.99 Billion | Korea | Mar 2026 |