Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

54.0%
Across companies on this page

Companies with Data

31,240
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
28201 Axalta Coating Systems Ltd
NYSE:AXTA 		54.8% $2.47 Billion $1.11 Billion USA Mar 2026
28202 Woolworths Group Ltd
AU:WOW 		54.8% AU$4.96 Billion
≈ $3.51 Billion 		AU$2.24 Billion Australia Jun 2025
28203 Chongqing Sokon Ind Grp Co
SHG:601127 		54.8% CN¥28.73 Billion
≈ $4.20 Billion 		CN¥12.98 Billion China Sep 2025
28204 FOXO Technologies Inc.
NYSE MKT:FOXO 		54.8% $20.14 Million $9.10 Million USA Sep 2025
28205 Hytera Communications Corp Ltd
SHE:002583 		54.8% CN¥2.70 Billion
≈ $395.54 Million 		CN¥1.22 Billion China Sep 2025
28206 Brighton Pier Group PLC
LSE:PIER 		54.8% GBX18.17 Million
≈ $2.21K 		GBX8.22 Million UK Jun 2024
28207 Wishpond Technologies Ltd
V:WISH 		54.7% CA$11.74 Million
≈ $8.49 Million 		CA$5.31 Million Canada Mar 2026
28208 Creotech Quantum SA
WAR:CRQ 		54.7% Annual zł6.99 Million
≈ $1.92 Million 		zł3.16 Million Poland Dec 2024
28209 RF Capital Group Inc
TO:RCG 		54.7% CA$318.63 Million
≈ $230.49 Million 		CA$144.26 Million Canada Jun 2025
28210 Formula
TA:FORTY 		54.7% ILA1.82 Billion
≈ $4.89 Million 		ILA827.03 Million Israel Mar 2026
28211 Tracsis Plc
LSE:TRCS 		54.7% GBX65.01 Million
≈ $7.91K 		GBX29.48 Million UK Jul 2025
28212 Hwa Create Corp Ltd
SHE:300045 		54.6% CN¥1.53 Billion
≈ $223.49 Million 		CN¥692.95 Million China Mar 2026
28213 Nine Entertainment Co. Holdings Ltd
AU:NEC 		54.6% AU$1.65 Billion
≈ $1.17 Billion 		AU$748.15 Million Australia Dec 2025
28214 NOS S.G.P.S. S.A.
LS:NOS 		54.6% €1.06 Billion
≈ $1.24 Billion 		€480.96 Million Portugal Sep 2025
28215 KinderCare Learning Companies, Inc.
NYSE:KLC 		54.6% $931.21 Million $423.00 Million USA Sep 2025
28216 Deutz AG
XETRA:DEZ 		54.6% €946.10 Million
≈ $1.11 Billion 		€430.00 Million Germany Sep 2025
28217 Onewater Marine
NASDAQ:ONEW 		54.5% $269.42 Million $122.50 Million USA Mar 2026
28218 XinJiang GuoTong Pipeline Co Ltd
SHE:002205 		54.5% CN¥350.35 Million
≈ $51.27 Million 		CN¥159.37 Million China Mar 2026
28219 Worldline SA
PA:WLN 		54.5% €4.04 Billion
≈ $4.73 Billion 		€1.84 Billion France Dec 2025
28220 WORLDLINE S.A. UNSP.ADR
F:WO60 		54.5% €4.04 Billion
≈ $4.73 Billion 		€1.84 Billion Germany Dec 2025
28221 Future Retail Limited
NSE:FRETAIL 		54.5% Rs10.94 Billion
≈ $118.28 Million 		Rs4.98 Billion India Mar 2021
28222 Jiangxi Ganfeng Lithium Co Ltd
SHE:002460 		54.5% CN¥46.74 Billion
≈ $6.84 Billion 		CN¥21.28 Billion China Sep 2025
28223 LABORATORIO FARMAC.ERFO
F:RK7 		54.4% €7.54 Million
≈ $8.82 Million 		€3.44 Million Germany Jun 2024
28224 Canadian Pacific Railway Ltd
TO:CP 		54.4% CA$46.83 Billion
≈ $33.87 Billion 		CA$21.35 Billion Canada Dec 2025
28225 MOVIE GAMES S.A. ZY1
F:2LH 		54.4% €27.73 Million
≈ $32.42 Million 		€12.65 Million Germany Sep 2025
28226 DKSH Holding AG
SW:DKSH 		54.4% CHF1.71 Billion
≈ $2.16 Billion 		CHF778.70 Million Switzerland Jun 2025
28227 Meridianlink Inc
NYSE:MLNK 		54.4% $392.64 Million $179.09 Million USA Jun 2025
28228 Hill & Smith Holdings PLC
LSE:HILS 		54.4% GBX476.80 Million
≈ $58.01K 		GBX217.50 Million UK Jun 2025
28229 Hainan Shuangcheng Pharmaceut
SHE:002693 		54.4% CN¥419.93 Million
≈ $61.45 Million 		CN¥191.57 Million China Mar 2026
28230 IMMOTION GRP LS-0004010
F:6XK 		54.4% €4.50 Million
≈ $5.26 Million 		€2.05 Million Germany Jun 2025
28231 Brookfield Infrastructure Partners L.P
TO:BIP-UN 		54.3% CA$34.23 Billion
≈ $24.76 Billion 		CA$15.63 Billion Canada Mar 2026
28232 Brookfield Infrastructure Partners LP
NYSE:BIP 		54.3% $34.23 Billion $15.63 Billion USA Mar 2026
28233 Armata Pharmaceuticals Inc
NYSE MKT:ARMP 		54.3% $22.45 Million $10.26 Million USA Mar 2023
28234 Cambium Networks Corp
NASDAQ:CMBM 		54.3% $43.63 Million $19.94 Million USA Sep 2024
28235 London Security Plc
LSE:LSC 		54.3% GBX166.67 Million
≈ $20.28K 		GBX76.17 Million UK Jun 2025
28236 Lesaka Technologies Inc
NASDAQ:LSAK 		54.3% $271.31 Million $124.03 Million USA Mar 2026
28237 LogicMark Inc
NASDAQ:LGMK 		54.2% $12.19 Million $5.58 Million USA Dec 2024
28238 Sampo Oyj A
HE:SAMPO 		54.2% €7.67 Billion
≈ $8.97 Billion 		€3.51 Billion Finland Sep 2025
28239 JBTMarel Corp
NYSE:JBTM 		54.2% $4.48 Billion $2.05 Billion USA Mar 2026
28240 Sterling Construction Company Inc
NASDAQ:STRL 		54.2% $1.20 Billion $548.01 Million USA Mar 2026
28241 CSW Industrials, Inc.
NASDAQ:CSW 		54.1% $1.15 Billion $526.84 Million USA Sep 2025
28242 FST Corp. Ordinary Shares
NASDAQ:KBSX 		54.1% $10.74 Million $4.93 Million USA Sep 2025
28243 Telefonica SA ADR
NYSE:TEF 		54.1% $21.34 Billion $9.79 Billion USA Sep 2025
28244 Telefónica S.A
MX:TEFN 		54.1% MX$21.34 Billion
≈ $1.23 Billion 		MX$9.79 Billion Mexico Sep 2025
28245 MERUS POWER OYJ EO 1
F:99H 		54.1% €10.40 Million
≈ $12.16 Million 		€4.78 Million Germany Dec 2025
28246 BUNZL PLC ADR/ LS-3214857
F:BUZ 		54.1% €2.79 Billion
≈ $3.27 Billion 		€1.28 Billion Germany Dec 2025
28247 Frontier Developments Plc
LSE:FDEV 		54.1% GBX94.17 Million
≈ $11.46K 		GBX43.26 Million UK Nov 2025
28248 Vaisala Oyj A
HE:VAIAS 		54.0% €290.30 Million
≈ $339.39 Million 		€133.40 Million Finland Jun 2025
28249 CellaVision AB
ST:CEVI 		54.0% Skr887.58 Million
≈ $95.52 Million 		Skr408.20 Million Sweden Dec 2025
28250 Takeda Pharmaceutical Co Ltd ADR
NYSE:TAK 		54.0% $7.65 Trillion $3.52 Trillion USA Dec 2025
28251 Takeda Pharmaceutical Company Limited
F:TKDA 		54.0% €7.64 Trillion
≈ $8.94 Trillion 		€3.52 Trillion Germany Dec 2025
28252 SPX Corp
NYSE:SPXC 		54.0% $2.29 Billion $1.05 Billion USA Mar 2026
28253 Devyser Diagnostics AB
ST:DVYSR 		54.0% Skr357.90 Million
≈ $38.52 Million 		Skr164.70 Million Sweden Mar 2026
28254 OM INFRA LIMITED
NSE:OMINFRAL 		54.0% Rs7.93 Billion
≈ $85.77 Million 		Rs3.65 Billion India Sep 2025
28255 MOWI ASA SP.ADR
F:PNDA 		54.0% €4.57 Billion
≈ $5.34 Billion 		€2.10 Billion Germany Dec 2025
28256 Booz Allen Hamilton Holding
NYSE:BAH 		53.9% $1.10 Billion $509.00 Million USA Mar 2026
28257 MiniLuxe Holding Corp
V:MNLX 		53.9% CA$2.95 Million
≈ $2.13 Million 		CA$1.36 Million Canada Sep 2023
28258 Aerodrome Group Ltd
TA:ARDM 		53.9% ILA21.68 Million
≈ $58.11K 		ILA9.99 Million Israel Jun 2025
28259 RM Plc
LSE:RM 		53.9% GBX30.93 Million
≈ $3.76K 		GBX14.25 Million UK Nov 2025
28260 Success Prime Corp
TW:2496 		53.8% NT$891.94 Million
≈ $28.10 Million 		NT$411.68 Million Taiwan Dec 2025
28261 ARIZONA SONORAN COPPER
F:H6F 		53.8% €225.84 Million
≈ $264.03 Million 		€104.27 Million Germany Dec 2025
28262 Rizhao Port Co Ltd
SHG:600017 		53.8% CN¥16.30 Billion
≈ $2.38 Billion 		CN¥7.53 Billion China Sep 2025
28263 AutoNation Inc
NYSE:AN 		53.8% $2.23 Billion $1.03 Billion USA Mar 2026
28264 Aguas Andinas S.A
SN:AGUAS-A 		53.8% CL$1.34 Trillion
≈ $1.49 Billion 		CL$617.76 Billion Chile Sep 2025
28265 Colt CZ Group SE
PR:CZG 		53.8% Kč20.70 Billion
≈ $992.69 Million 		Kč9.57 Billion Czech Republic Sep 2025
28266 Air Canada
TO:AC 		53.8% CA$2.72 Billion
≈ $1.97 Billion 		CA$1.26 Billion Canada Mar 2026
28267 OmniAb Inc.
NASDAQ:OABI 		53.7% $277.44 Million $128.38 Million USA Sep 2025
28268 RTX Corporation
NYSE:RTX 		53.7% $68.03 Billion $31.48 Billion USA Mar 2026
28269 Bega Cheese Ltd
AU:BGA 		53.7% AU$1.01 Billion
≈ $714.00 Million 		AU$467.10 Million Australia Dec 2025
28270 Bavarian Nordic
CO:BAVA 		53.7% Dkr12.87 Billion
≈ $2.01 Billion 		Dkr5.96 Billion Denmark Dec 2025
28271 Allfunds Group Ltd
AS:ALLFG 		53.7% €1.93 Billion
≈ $2.26 Billion 		€894.87 Million Netherlands Jun 2025
28272 Sartorius Aktiengesellschaft
XETRA:SRT3 		53.6% €3.89 Billion
≈ $4.55 Billion 		€1.80 Billion Germany Mar 2026
28273 SARTORIUS (UNSP.ADS)/1/5
F:SRT0 		53.6% €3.89 Billion
≈ $4.55 Billion 		€1.80 Billion Germany Mar 2026
28274 SARTORIUS AG UNSP.ADR 1/5
F:SRT4 		53.6% €3.89 Billion
≈ $4.55 Billion 		€1.80 Billion Germany Mar 2026
28275 Sartorius Aktiengesellschaft
F:SRT 		53.6% €3.89 Billion
≈ $4.55 Billion 		€1.80 Billion Germany Mar 2026
28276 J.Jill Inc
NYSE:JILL 		53.6% $121.50 Million $56.32 Million USA Jan 2026
28277 Zaplox AB
ST:ZAPLOX 		53.6% Skr1.91 Million
≈ $205.87K 		Skr887.00K Sweden Jun 2025
28278 Bittium Oyj
HE:BITTI 		53.6% €110.70 Million
≈ $129.42 Million 		€51.40 Million Finland Jun 2025
28279 iQIYI Inc
NASDAQ:IQ 		53.6% $13.32 Billion $6.18 Billion USA Dec 2025
28280 GACM Technologies Limited
NSE:GATECHDVR 		53.5% Rs1.05 Billion
≈ $11.33 Million 		Rs487.20 Million India Sep 2025
28281 GACM Technologies Limited
NSE:GATECH 		53.5% Rs1.05 Billion
≈ $11.33 Million 		Rs487.20 Million India Sep 2025
28282 Global UAV Technologies Ltd
STU:YAB2 		53.5% €356.83K
≈ $417.17K 		€166.00K Germany Jan 2019
28283 Loblaw Companies Limited
TO:L 		53.5% CA$11.05 Billion
≈ $7.99 Billion 		CA$5.14 Billion Canada Mar 2026
28284 Haypp Grp Ab
ST:HAYPP 		53.5% Skr677.43 Million
≈ $72.90 Million 		Skr315.29 Million Sweden Jun 2025
28285 Api Group Corp
NYSE:APG 		53.4% $3.49 Billion $1.62 Billion USA Mar 2026
28286 Mayville Engineering Co Inc
NYSE:MEC 		53.4% $232.19 Million $108.15 Million USA Mar 2026
28287 Hyundai Bioscience Co. Ltd
KQ:048410 		53.4% ₩111.98 Billion
≈ $75.89 Million 		₩52.17 Billion Korea Mar 2026
28288 Paxman AB
ST:PAX 		53.4% Skr427.76 Million
≈ $46.03 Million 		Skr199.44 Million Sweden Sep 2025
28289 IMPERIAL BRANDS PLC ADR/1
F:ITBA 		53.3% €5.43 Billion
≈ $6.35 Billion 		€2.54 Billion Germany Sep 2025
28290 In-Touch Survey Systems Ltd.
V:INX 		53.3% CA$7.33 Million
≈ $5.30 Million 		CA$3.42 Million Canada Mar 2026
28291 Mitie Group PLC
LSE:MTO 		53.3% GBX544.20 Million
≈ $66.21K 		GBX254.00 Million UK Sep 2025
28292 Genting Malaysia Bhd
KLSE:4715 		53.3% RM10.94 Billion
≈ $2.75 Billion 		RM5.11 Billion Malaysia Sep 2025
28293 Helen of Troy Ltd
NASDAQ:HELE 		53.3% $798.20 Million $372.85 Million USA Feb 2026
28294 Helen of Troy Limited
F:HT2 		53.3% €798.20 Million
≈ $933.18 Million 		€372.85 Million Germany Feb 2026
28295 Tingo Group Inc.
NASDAQ:TIO 		53.3% $601.32 Million $280.94 Million USA Sep 2023
28296 BRAINCOOL AB
F:5YL 		53.2% €175.80 Million
≈ $205.53 Million 		€82.23 Million Germany Dec 2025
28297 CJ Corp 4P Pref 
KO:00104K 		53.2% ₩17.47 Trillion
≈ $11.84 Billion 		₩8.17 Trillion Korea Sep 2025
28298 Curvebeam Ai Ltd
AU:CVB 		53.2% AU$35.11 Million
≈ $24.84 Million 		AU$16.43 Million Australia Jun 2025
28299 Midsummer AB (publ)
ST:MIDS 		53.2% Skr109.62 Million
≈ $11.80 Million 		Skr51.30 Million Sweden Sep 2025
28300 Power REIT
NYSE MKT:PW 		53.2% $4.25 Million $1.99 Million USA Mar 2026