Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
50.3%
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.
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 |
|---|---|---|---|---|---|---|
| 28401 |
TROPHY GAMES Development AS
CO:TGAMES |
51.3% |
Dkr58.49 Million
≈ $9.15 Million |
Dkr28.50 Million | Denmark | Jun 2025 |
| 28402 |
SoftwareONE Holding AG
SW:SWON |
51.3% |
CHF981.40 Million
≈ $1.24 Billion |
CHF478.30 Million | Switzerland | Dec 2025 |
| 28403 |
Grupo Aval
NYSE:AVAL |
51.3% | $33.61 Trillion | $16.39 Trillion | USA | Mar 2026 |
| 28404 |
Milkyway Chemical Supply Chain Service Co Ltd
SHG:603713 |
51.2% |
CN¥5.16 Billion
≈ $755.69 Million |
CN¥2.52 Billion | China | Sep 2025 |
| 28405 |
Remedy Entertainment Oyj
HE:REMEDY |
51.1% |
€56.56 Million
≈ $66.12 Million |
€27.63 Million | Finland | Sep 2025 |
| 28406 |
Portillo's Inc
NASDAQ:PTLO |
51.1% | $500.25 Million | $244.44 Million | USA | Mar 2026 |
| 28407 |
ZEAL Network SE
XETRA:TIMA |
51.1% |
€220.39 Million
≈ $257.66 Million |
€107.71 Million | Germany | Sep 2025 |
| 28408 |
Optomed PLC
HE:OPTOMED |
51.1% |
€20.24 Million
≈ $23.66 Million |
€9.90 Million | Finland | Sep 2025 |
| 28409 |
MOVEBYBIKE EUROPE AB
F:6ZR |
51.1% |
€409.00K
≈ $478.16K |
€200.00K | Germany | Dec 2025 |
| 28410 |
Spectrum Brands Holdings Inc
NYSE:SPB |
51.1% | $1.90 Billion | $929.00 Million | USA | Dec 2025 |
| 28411 |
Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS
IS:LINK |
51.1% |
TL1.40 Billion
≈ $31.26 Million |
TL683.05 Million | Turkey | Sep 2025 |
| 28412 |
Union Jack Oil plc
LSE:UJO |
51.0% |
GBX16.83 Million
≈ $2.05K |
GBX8.24 Million | UK | Dec 2025 |
| 28413 |
Auren Energia S.A.
SA:AURE3 |
51.0% |
R$13.12 Billion
≈ $2.58 Billion |
R$6.43 Billion | Brazil | Mar 2026 |
| 28414 |
Vertoz Advertising Limited
NSE:VERTOZ |
51.0% |
Rs2.29 Billion
≈ $24.79 Million |
Rs1.12 Billion | India | Sep 2025 |
| 28415 |
Telefonica
MC:TEF |
51.0% |
€18.25 Billion
≈ $21.33 Billion |
€8.94 Billion | Spain | Mar 2026 |
| 28416 |
Digi Communications NV
RO:DIGI |
51.0% |
RON1.24 Billion
≈ $283.80 Million |
RON605.79 Million | Romania | Sep 2025 |
| 28417 |
Vestas Wind Systems A/S
F:VWSA |
51.0% |
€3.92 Billion
≈ $4.58 Billion |
€1.92 Billion | Germany | Mar 2026 |
| 28418 |
Vestas Wind Systems A/S
CO:VWS |
51.0% |
Dkr3.92 Billion
≈ $613.31 Million |
Dkr1.92 Billion | Denmark | Mar 2026 |
| 28419 |
Movinn AS
CO:MOVINN |
51.0% |
Dkr8.41 Million
≈ $1.32 Million |
Dkr4.13 Million | Denmark | Dec 2025 |
| 28420 |
Mkango Resources Ltd
V:MKA |
51.0% |
CA$5.98 Million
≈ $4.32 Million |
CA$2.93 Million | Canada | Jun 2025 |
| 28421 |
Sygnia Ltd
JSE:SYG |
50.9% |
ZAC825.86 Million
≈ $438.90K |
ZAC405.43 Million | South Africa | Mar 2025 |
| 28422 |
Grupo Aval Acciones y Valores S.A
F:6GAA |
50.9% |
€34.64 Trillion
≈ $40.49 Trillion |
€17.00 Trillion | Germany | Sep 2025 |
| 28423 |
Omnicom Group Inc
NYSE:OMC |
50.9% | $10.07 Billion | $4.95 Billion | USA | Mar 2026 |
| 28424 |
Boralex Inc
TO:BLX |
50.9% |
CA$1.96 Billion
≈ $1.42 Billion |
CA$961.00 Million | Canada | Sep 2025 |
| 28425 |
Edgio, Inc.
NASDAQ:EGIOQ |
50.8% | $153.60 Million | $75.59 Million | USA | Sep 2023 |
| 28426 |
Digital Brands Group, Inc. Common Stock
NASDAQ:DBGI |
50.8% | $15.99 Million | $7.87 Million | USA | Sep 2025 |
| 28427 |
AirBoss of America Corp.
TO:BOS |
50.8% |
CA$117.43 Million
≈ $84.95 Million |
CA$57.82 Million | Canada | Mar 2026 |
| 28428 |
R. S. Software (India) Limited
NSE:RSSOFTWARE |
50.8% |
Rs312.38 Million
≈ $3.38 Million |
Rs153.80 Million | India | Mar 2026 |
| 28429 |
SSP Group PLC
LSE:SSPG |
50.8% |
GBX268.90 Million
≈ $32.72K |
GBX132.40 Million | UK | Sep 2025 |
| 28430 |
Brookfield Corporation
TO:BN |
50.7% |
CA$165.89 Billion
≈ $120.00 Billion |
CA$81.70 Billion | Canada | Dec 2025 |
| 28431 |
IAR Systems Group AB (publ)
ST:IAR-B |
50.7% |
Skr435.90 Million
≈ $46.91 Million |
Skr214.70 Million | Sweden | Jun 2025 |
| 28432 |
Datang HuaYin Electric Power Co Ltd
SHG:600744 |
50.7% |
CN¥2.27 Billion
≈ $332.26 Million |
CN¥1.12 Billion | China | Mar 2026 |
| 28433 |
Volkswagen AG VZO O.N.
XETRA:VOW3 |
50.7% |
€183.50 Billion
≈ $214.54 Billion |
€90.44 Billion | Germany | Sep 2025 |
| 28434 |
Global Business Travel Group Inc
NYSE:GBTG |
50.7% | $1.66 Billion | $821.00 Million | USA | Mar 2026 |
| 28435 |
NeueHealth Inc
NYSE:NEUE |
50.6% | $194.61 Million | $96.15 Million | USA | Sep 2023 |
| 28436 |
Myers Industries Inc
NYSE:MYE |
50.6% | $288.88 Million | $142.79 Million | USA | Mar 2026 |
| 28437 |
Amotiv Limited
TO:AOV |
50.5% |
CA$767.27 Million
≈ $555.03 Million |
CA$379.51 Million | Canada | Dec 2025 |
| 28438 |
Guangdong Songyang Recycle Resources Co Ltd
SHG:603863 |
50.5% |
CN¥366.88 Million
≈ $53.69 Million |
CN¥181.49 Million | China | Sep 2025 |
| 28439 |
China Railway Group Limited
F:CNO |
50.5% |
€520.84 Billion
≈ $608.91 Billion |
€257.66 Billion | Germany | Jun 2025 |
| 28440 |
Paramount Skydance Corporation Class B Common Stock
NASDAQ:PSKY |
50.5% | $13.27 Billion | $6.57 Billion | USA | Sep 2025 |
| 28441 |
Biodexa Pharmaceticals
NASDAQ:BDRX |
50.5% | $11.38 Million | $5.64 Million | USA | Dec 2025 |
| 28442 |
Swisscom AG
SW:SCMN |
50.5% |
CHF11.16 Billion
≈ $14.11 Billion |
CHF5.52 Billion | Switzerland | Mar 2026 |
| 28443 |
Public Policy Holding Company, Inc. Common Stock
NASDAQ:PPHC |
50.5% | $74.90 Million | $37.11 Million | USA | Dec 2025 |
| 28444 |
Mycronic publ AB
ST:MYCR |
50.4% |
Skr7.11 Billion
≈ $765.04 Million |
Skr3.52 Billion | Sweden | Dec 2025 |
| 28445 |
Owens & Minor Inc
NYSE:OMI |
50.4% | $570.98 Million | $283.09 Million | USA | Mar 2025 |
| 28446 |
Accendra Health Inc
NYSE:ACH |
50.4% | $570.98 Million | $283.09 Million | USA | Mar 2025 |
| 28447 |
Control Bionics Ltd
AU:CBL |
50.4% |
AU$7.73 Million
≈ $5.47 Million |
AU$3.83 Million | Australia | Dec 2025 |
| 28448 |
Elanco Animal Health
NYSE:ELAN |
50.4% | $6.50 Billion | $3.23 Billion | USA | Mar 2026 |
| 28449 |
Fathom Holdings Inc
NASDAQ:FTHM |
50.4% | $37.44 Million | $18.58 Million | USA | Dec 2025 |
| 28450 |
Mare Nostrum
PA:ALMAR |
50.4% |
€8.02 Million
≈ $9.38 Million |
€3.98 Million | France | Jun 2023 |
| 28451 |
Sana Biotechnology Inc
NASDAQ:SANA |
50.4% | $119.24 Million | $59.20 Million | USA | Mar 2026 |
| 28452 |
Nexera Technologies Ltd.
NASDAQ:NEXR |
50.3% | $12.46 Million | $6.19 Million | USA | Dec 2025 |
| 28453 |
Atrys Health SL
MC:ATRY |
50.2% |
€151.96 Million
≈ $177.65 Million |
€75.63 Million | Spain | Dec 2025 |
| 28454 |
Alvarium Tiedemann Holdings Inc.
NASDAQ:ALTI |
50.2% | $883.83 Million | $440.08 Million | USA | Sep 2025 |
| 28455 |
Katapult Holdings Equity Warrants Exp 09 June 2026
NASDAQ:KPLTW |
50.2% | $4.00 Million | $1.99 Million | USA | Mar 2023 |
| 28456 |
Katapult Holdings Inc
NASDAQ:KPLT |
50.2% | $4.00 Million | $1.99 Million | USA | Mar 2023 |
| 28457 |
Regal Beloit Corporation
NYSE:RRX |
50.1% | $6.85 Billion | $3.42 Billion | USA | Dec 2025 |
| 28458 |
Ascelia Pharma AB (publ)
ST:ACE |
50.1% |
Skr114.40 Million
≈ $12.31 Million |
Skr57.07 Million | Sweden | Sep 2025 |
| 28459 |
TECHNOLOGY ONE LTD.
F:RW8 |
50.1% |
€450.70 Million
≈ $526.91 Million |
€225.02 Million | Germany | Sep 2025 |
| 28460 |
Technology One Ltd
AU:TNE |
50.1% |
AU$450.70 Million
≈ $318.90 Million |
AU$225.02 Million | Australia | Sep 2025 |
| 28461 |
Hospital Mater Dei S.A
SA:MATD3 |
50.0% |
R$1.46 Billion
≈ $287.03 Million |
R$730.98 Million | Brazil | Sep 2025 |
| 28462 |
Brera Holdings PLC Class B Ordinary Shares
NASDAQ:BREA |
50.0% | $3.82 Million | $1.91 Million | USA | Mar 2025 |
| 28463 |
Medigene AG
XETRA:MDG1 |
50.0% |
€19.66 Million
≈ $22.98 Million |
€9.84 Million | Germany | Jun 2024 |
| 28464 |
Backblaze Inc
NASDAQ:BLZE |
49.9% | $82.83 Million | $41.46 Million | USA | Sep 2025 |
| 28465 |
TCTM Kids IT Education Inc.
NASDAQ:VSA |
49.9% | $102.74 Million | $51.43 Million | USA | Mar 2026 |
| 28466 |
CCC Intelligent Solutions Holdings Inc. Common Stock
NASDAQ:CCCS |
49.9% | $2.06 Billion | $1.03 Billion | USA | Sep 2025 |
| 28467 |
Zenvia Inc
NASDAQ:ZENV |
49.8% | $742.16 Million | $372.25 Million | USA | Jun 2025 |
| 28468 |
Comms Group Ltd
AU:CCG |
49.8% |
AU$36.73 Million
≈ $25.99 Million |
AU$18.43 Million | Australia | Jun 2025 |
| 28469 |
Raymond Lifestyle Ltd
NSE:RAYMONDLSL |
49.8% |
Rs96.36 Billion
≈ $1.04 Billion |
Rs48.35 Billion | India | Mar 2026 |
| 28470 |
PetVivo Holdings Inc
NASDAQ:PETV |
49.8% | $3.73 Million | $1.87 Million | USA | Jun 2025 |
| 28471 |
Health Catalyst Inc
NASDAQ:HCAT |
49.8% | $138.15 Million | $69.33 Million | USA | Mar 2026 |
| 28472 |
China Communications Construction Co Ltd
SHG:601800 |
49.8% |
CN¥449.43 Billion
≈ $65.77 Billion |
CN¥225.74 Billion | China | Sep 2025 |
| 28473 |
DXC Technology Co
NYSE:DXC |
49.8% | $3.21 Billion | $1.61 Billion | USA | Mar 2026 |
| 28474 |
Paragon Care Limited
F:PXS |
49.8% |
€695.47 Million
≈ $813.08 Million |
€349.47 Million | Germany | Jun 2024 |
| 28475 |
Biogen Inc
NASDAQ:BIIB |
49.7% | $18.26 Billion | $9.18 Billion | USA | Dec 2025 |
| 28476 |
Hunan Lead Power Dazhi Technology Inc Co
SHE:300530 |
49.7% |
CN¥95.05 Million
≈ $13.91 Million |
CN¥47.84 Million | China | Sep 2025 |
| 28477 |
Asia Potash International Investment Guangzhou Co Ltd
SHE:000893 |
49.6% |
CN¥13.06 Billion
≈ $1.91 Billion |
CN¥6.58 Billion | China | Sep 2025 |
| 28478 |
Luxbright AB
ST:LXB |
49.6% |
Skr26.89 Million
≈ $2.89 Million |
Skr13.55 Million | Sweden | Dec 2025 |
| 28479 |
Luoxin Pharmaceuticals Group Stock Co Ltd
SHE:002793 |
49.6% |
CN¥1.18 Billion
≈ $171.97 Million |
CN¥592.16 Million | China | Mar 2026 |
| 28480 |
Nestle S.A.
SW:NESN |
49.6% |
CHF33.06 Billion
≈ $41.79 Billion |
CHF16.67 Billion | Switzerland | Dec 2025 |
| 28481 |
Yintai Resources Co Ltd
SHE:000975 |
49.5% |
CN¥16.41 Billion
≈ $2.40 Billion |
CN¥8.28 Billion | China | Sep 2025 |
| 28482 |
Uranium Energy Corp
NYSE MKT:UEC |
49.5% | $1.41 Billion | $712.99 Million | USA | Jan 2026 |
| 28483 |
Topgolf Callaway Brands Corp.
NYSE:MODG |
49.5% | $2.48 Billion | $1.25 Billion | USA | Sep 2025 |
| 28484 |
Fiskars Oyj Abp
HE:FSKRS |
49.5% |
€687.30 Million
≈ $803.53 Million |
€346.90 Million | Finland | Jun 2025 |
| 28485 |
NRG Energy Inc.
NYSE:NRG |
49.5% | $4.87 Billion | $2.46 Billion | USA | Mar 2026 |
| 28486 |
GMM Pfaudler Limited
NSE:GMMPFAUDLR |
49.5% |
Rs12.33 Billion
≈ $133.34 Million |
Rs6.23 Billion | India | Mar 2026 |
| 28487 |
CACI International Inc
NYSE:CACI |
49.5% | $4.28 Billion | $2.16 Billion | USA | Mar 2026 |
| 28488 |
BW Energy Ltd
OL:BWE |
49.4% |
Nkr1.00 Billion
≈ $105.33 Million |
Nkr506.20 Million | Norway | Dec 2025 |
| 28489 |
Bunzl PLC
LSE:BNZL |
49.4% |
GBX2.55 Billion
≈ $310.26K |
GBX1.29 Billion | UK | Jun 2025 |
| 28490 |
Success Electronics Ltd
SHE:002289 |
49.3% |
CN¥285.53 Million
≈ $41.78 Million |
CN¥144.63 Million | China | Mar 2026 |
| 28491 |
EXOSENS PROM
PA:EXENS |
49.3% |
€445.60 Million
≈ $520.95 Million |
€225.80 Million | France | Dec 2025 |
| 28492 |
Afcon Holdings Ltd
TA:AFHL |
49.3% |
ILA658.37 Million
≈ $1.77 Million |
ILA333.67 Million | Israel | Mar 2026 |
| 28493 |
AFC Ajax NV
AS:AJAX |
49.3% |
€205.43 Million
≈ $240.17 Million |
€104.15 Million | Netherlands | Dec 2025 |
| 28494 |
Mixed Martial Arts Group Limited
NYSE MKT:MMA |
49.3% Annual | $2.56 Million | $1.30 Million | USA | Jun 2024 |
| 28495 |
Science Applications International Corporation Common Stock
NASDAQ:SAIC |
49.3% | $1.50 Billion | $761.00 Million | USA | Jan 2026 |
| 28496 |
ButOne Information Corp XiAn
SHG:600455 |
49.3% |
CN¥488.83 Million
≈ $71.53 Million |
CN¥248.03 Million | China | Mar 2026 |
| 28497 |
Stellantis NV
PA:STLAP |
49.2% |
€60.95 Billion
≈ $71.25 Billion |
€30.95 Billion | France | Mar 2026 |
| 28498 |
Parker-Hannifin Corporation
NYSE:PH |
49.2% | $14.62 Billion | $7.42 Billion | USA | Mar 2026 |
| 28499 |
Roper Technologies Inc
NASDAQ:ROP |
49.2% | $18.82 Billion | $9.56 Billion | USA | Mar 2026 |
| 28500 |
Zhejiang Whwh
SHG:600576 |
49.2% |
CN¥2.86 Billion
≈ $418.44 Million |
CN¥1.45 Billion | China | Mar 2026 |