Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
48.2%
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 |
|---|---|---|---|---|---|---|
| 28501 |
TEAM PLC
F:1WQ |
49.2% |
€8.75 Million
≈ $10.23 Million |
€4.45 Million | Germany | Sep 2025 |
| 28502 |
WELLFIELD TECHNOLOG. INC.
F:K8D |
49.2% Annual |
€17.78 Million
≈ $20.79 Million |
€9.04 Million | Germany | Dec 2022 |
| 28503 |
Trugolf Inc
NASDAQ:TRUG |
49.1% | $6.26 Million | $3.18 Million | USA | Sep 2025 |
| 28504 |
Prosiebensat 1 Media AG
XETRA:PSM |
49.1% |
€1.30 Billion
≈ $1.52 Billion |
€663.00 Million | Germany | Sep 2025 |
| 28505 |
Induction Healthcare Group PLC
LSE:INHC |
49.0% |
GBX18.19 Million
≈ $2.21K |
GBX9.27 Million | UK | Sep 2024 |
| 28506 |
Roche Holding AG
SW:ROP |
49.0% |
CHF37.88 Billion
≈ $47.89 Billion |
CHF19.32 Billion | Switzerland | Dec 2025 |
| 28507 |
Roche Holding AG
SW:ROG |
49.0% |
CHF37.88 Billion
≈ $47.89 Billion |
CHF19.32 Billion | Switzerland | Dec 2025 |
| 28508 |
Roche Holding AG
SW:RO |
49.0% |
CHF37.88 Billion
≈ $47.89 Billion |
CHF19.32 Billion | Switzerland | Dec 2025 |
| 28509 |
Korea Aerospace Industries
KO:047810 |
49.0% |
₩1.84 Trillion
≈ $1.25 Billion |
₩940.92 Billion | Korea | Sep 2025 |
| 28510 |
Teleperformance SE
PA:TEP |
49.0% |
€4.10 Billion
≈ $4.79 Billion |
€2.09 Billion | France | Dec 2025 |
| 28511 |
TELEPERFORMANCE SE ADR
F:RCF0 |
49.0% |
€4.10 Billion
≈ $4.79 Billion |
€2.09 Billion | Germany | Dec 2025 |
| 28512 |
Pantaflix AG
XETRA:PAL |
49.0% |
€7.04 Million
≈ $8.24 Million |
€3.59 Million | Germany | Dec 2025 |
| 28513 |
Xizang Haisco Pharmaceutical Group Co Ltd
SHE:002653 |
49.0% |
CN¥4.84 Billion
≈ $708.59 Million |
CN¥2.47 Billion | China | Mar 2026 |
| 28514 |
Lindsay Australia Ltd
AU:LAU |
49.0% |
AU$198.70 Million
≈ $140.60 Million |
AU$101.41 Million | Australia | Dec 2025 |
| 28515 |
ABOUT YOU Holding AG
F:YOU |
49.0% |
€177.70 Million
≈ $207.75 Million |
€90.70 Million | Germany | Feb 2025 |
| 28516 |
Supernus Pharmaceuticals Inc
NASDAQ:SUPN |
48.9% | $1.08 Billion | $549.71 Million | USA | Mar 2026 |
| 28517 |
Spirent Communications plc
LSE:SPT |
48.9% |
GBX396.90 Million
≈ $48.29K |
GBX202.70 Million | UK | Jun 2025 |
| 28518 |
Global Sukses Solusi Tbk PT
JK:RUNS |
48.9% |
Rp65.82 Billion
≈ $3.86 Million |
Rp33.62 Billion | Indonesia | Jun 2025 |
| 28519 |
PLDT Inc ADR
NYSE:PHI |
48.9% | $126.05 Billion | $64.39 Billion | USA | Mar 2026 |
| 28520 |
Intercontinental Exchange Inc
NYSE:ICE |
48.9% | $29.56 Billion | $15.11 Billion | USA | Mar 2026 |
| 28521 |
Solocal Group SA
PA:LOCAL |
48.9% |
€259.28 Million
≈ $303.13 Million |
€132.54 Million | France | Jun 2006 |
| 28522 |
Telefónica S.A
F:TNE2 |
48.8% |
€17.81 Billion
≈ $20.82 Billion |
€9.11 Billion | Germany | Dec 2025 |
| 28523 |
Mia Teknoloji AS
IS:MIATK |
48.8% |
TL5.61 Billion
≈ $125.62 Million |
TL2.87 Billion | Turkey | Sep 2025 |
| 28524 |
Intracom Constructions Societe Anonyme Technical and Steel Constructions
AT:INKAT |
48.8% |
€161.61 Million
≈ $188.94 Million |
€82.72 Million | Greece | Dec 2023 |
| 28525 |
Adani Enterprises Limited
NSE:ADANIENT |
48.8% |
Rs615.78 Billion
≈ $6.66 Billion |
Rs315.20 Billion | India | Sep 2025 |
| 28526 |
Bausch + Lomb Corp
TO:BLCO |
48.8% |
CA$6.50 Billion
≈ $4.70 Billion |
CA$3.33 Billion | Canada | Sep 2025 |
| 28527 |
Pennant Group Inc
NASDAQ:PNTG |
48.8% | $389.44 Million | $199.44 Million | USA | Mar 2026 |
| 28528 |
DoubleU Games Co Ltd
KO:192080 |
48.8% |
₩1.78 Trillion
≈ $1.20 Billion |
₩909.33 Billion | Korea | Mar 2026 |
| 28529 |
Groep Brussel Lambert NV
BR:GBLB |
48.8% |
€13.37 Billion
≈ $15.63 Billion |
€6.85 Billion | Belgium | Dec 2025 |
| 28530 |
Park Dental Partners, Inc. Common Stock
NASDAQ:PARK |
48.7% | $21.80 Million | $11.18 Million | USA | Dec 2025 |
| 28531 |
Kering SA
PA:KER |
48.7% |
€15.52 Billion
≈ $18.14 Billion |
€7.96 Billion | France | Dec 2025 |
| 28532 |
Lawfinance Ltd
AU:LAW |
48.7% |
AU$15.27 Million
≈ $10.80 Million |
AU$7.83 Million | Australia | Jun 2020 |
| 28533 |
Henan Yuneng Holdings Co Ltd
SHE:001896 |
48.6% |
CN¥3.89 Billion
≈ $568.60 Million |
CN¥2.00 Billion | China | Sep 2025 |
| 28534 |
RIVER TECH EO -005
F:9YQ |
48.6% |
€9.02 Million
≈ $10.55 Million |
€4.64 Million | Germany | Jun 2025 |
| 28535 |
River Tech plc
OL:RIVER |
48.6% |
Nkr9.02 Million
≈ $949.41K |
Nkr4.64 Million | Norway | Jun 2025 |
| 28536 |
Fortune Brands Innovations Inc.
NYSE:FBIN |
48.6% | $2.36 Billion | $1.21 Billion | USA | Mar 2026 |
| 28537 |
Enpro Industries
NYSE:NPO |
48.6% | $1.56 Billion | $803.20 Million | USA | Mar 2026 |
| 28538 |
Midwich Group PLC
LSE:MIDW |
48.6% |
GBX160.07 Million
≈ $19.48K |
GBX82.30 Million | UK | Dec 2025 |
| 28539 |
Broendbyernes IF Fodbold AS
CO:BIF |
48.5% |
Dkr273.17 Million
≈ $42.74 Million |
Dkr140.60 Million | Denmark | Dec 2025 |
| 28540 |
Csd Water Service Co Ltd
SHG:603903 |
48.5% |
CN¥1.48 Billion
≈ $217.22 Million |
CN¥764.09 Million | China | Mar 2026 |
| 28541 |
ViaSat Inc
NASDAQ:VSAT |
48.5% | $4.73 Billion | $2.43 Billion | USA | Mar 2026 |
| 28542 |
Guizhou Panjiang Refined Coal Co Ltd
SHG:600395 |
48.5% |
CN¥11.57 Billion
≈ $1.69 Billion |
CN¥5.96 Billion | China | Sep 2025 |
| 28543 |
Utron Ltd
TA:UTRN |
48.5% |
ILA55.49 Million
≈ $148.77K |
ILA28.57 Million | Israel | Jun 2025 |
| 28544 |
Wynn Resorts Limited
NASDAQ:WYNN |
48.5% | $274.20 Million | $141.30 Million | USA | Jun 2020 |
| 28545 |
Compass Group PLC
LSE:CPG |
48.5% |
GBX5.76 Billion
≈ $701.33K |
GBX2.97 Billion | UK | Sep 2025 |
| 28546 |
COMPASS GROUP
F:XGR |
48.5% |
€7.76 Billion
≈ $9.07 Billion |
€4.00 Billion | Germany | Sep 2025 |
| 28547 |
Cadre Holdings Inc
NYSE:CDRE |
48.4% | $336.12 Million | $173.32 Million | USA | Mar 2026 |
| 28548 |
Kinatico Ltd
AU:KYP |
48.4% |
AU$28.31 Million
≈ $20.03 Million |
AU$14.60 Million | Australia | Dec 2025 |
| 28549 |
Emerald Expositions Events Inc
NYSE:EEX |
48.4% | $369.50 Million | $190.60 Million | USA | Sep 2025 |
| 28550 |
BRP Inc
TO:DOO |
48.4% |
CA$610.70 Million
≈ $441.77 Million |
CA$315.30 Million | Canada | Jan 2026 |
| 28551 |
Karsan Otomotiv Sanayi ve Ticaret AS
IS:KARSN |
48.3% |
TL7.23 Billion
≈ $162.01 Million |
TL3.74 Billion | Turkey | Dec 2025 |
| 28552 |
Hebei Changshan Biochem Pharma
SHE:300255 |
48.3% |
CN¥1.48 Billion
≈ $216.35 Million |
CN¥764.41 Million | China | Sep 2025 |
| 28553 |
China Nuclear Engineering Co
SHG:601611 |
48.3% |
CN¥51.62 Billion
≈ $7.55 Billion |
CN¥26.70 Billion | China | Mar 2026 |
| 28554 |
AnShan Heavy Duty Mining Machinery Co Ltd
SHE:002667 |
48.3% |
CN¥408.46 Million
≈ $59.77 Million |
CN¥211.33 Million | China | Sep 2025 |
| 28555 |
Hershey Co
NYSE:HSY |
48.2% | $4.73 Billion | $2.45 Billion | USA | Mar 2026 |
| 28556 |
TFP Solutions Bhd
KLSE:0145 |
48.2% |
RM5.49 Million
≈ $1.38 Million |
RM2.84 Million | Malaysia | Sep 2025 |
| 28557 |
Talphera Inc.
NASDAQ:TLPH |
48.2% | $17.04 Million | $8.82 Million | USA | Dec 2025 |
| 28558 |
ACELRX PHARMACEUT. DL-01
F:R5XA |
48.2% |
€17.04 Million
≈ $19.92 Million |
€8.82 Million | Germany | Dec 2025 |
| 28559 |
Cryosite Ltd
AU:CTE |
48.2% |
AU$3.61 Million
≈ $2.55 Million |
AU$1.87 Million | Australia | Dec 2025 |
| 28560 |
Unibap AB
ST:UNIBAP |
48.2% |
Skr114.69 Million
≈ $12.34 Million |
Skr59.41 Million | Sweden | Dec 2025 |
| 28561 |
Indomobil Sukses Internasional
JK:IMAS |
48.2% |
Rp16.30 Trillion
≈ $955.07 Million |
Rp8.45 Trillion | Indonesia | Mar 2026 |
| 28562 |
agilon health Inc
NYSE:AGL |
48.1% | $126.73 Million | $65.72 Million | USA | Dec 2025 |
| 28563 |
Pluribus Technologies Corp
V:PLRB |
48.1% |
CA$15.09 Million
≈ $10.92 Million |
CA$7.84 Million | Canada | Sep 2024 |
| 28564 |
Synectics plc
LSE:SNX |
48.1% |
GBX43.71 Million
≈ $5.32K |
GBX22.71 Million | UK | May 2025 |
| 28565 |
Pierre et Vacances SA
PA:VAC |
48.0% |
€251.45 Million
≈ $293.97 Million |
€130.68 Million | France | Sep 2019 |
| 28566 |
SHANDONG BOAN BIOTECH.H 1
F:UJ9 |
48.0% |
€2.74 Billion
≈ $3.20 Billion |
€1.42 Billion | Germany | Dec 2025 |
| 28567 |
Meridian Holdings Inc
NASDAQ:MRDN |
48.0% | $50.43 Million | $26.23 Million | USA | Mar 2026 |
| 28568 |
Golden Matrix Group Inc
NASDAQ:GMGI |
48.0% | $50.43 Million | $26.23 Million | USA | Jan 2026 |
| 28569 |
HealthEquity Inc
NASDAQ:HQY |
47.9% | $2.11 Billion | $1.10 Billion | USA | Jan 2026 |
| 28570 |
KERING.UNSP.ADR 1/10 EO 4
F:PPXB |
47.9% |
€15.52 Billion
≈ $18.14 Billion |
€8.08 Billion | Germany | Dec 2025 |
| 28571 |
Western Mining Co Ltd
SHG:601168 |
47.7% |
CN¥27.72 Billion
≈ $4.06 Billion |
CN¥14.51 Billion | China | Mar 2026 |
| 28572 |
Bionime Corp
TW:4737 |
47.6% |
NT$1.76 Billion
≈ $55.31 Million |
NT$919.39 Million | Taiwan | Dec 2025 |
| 28573 |
Autoliv Inc
ST:ALIV-SDB |
47.6% |
Skr2.66 Billion
≈ $286.02 Million |
Skr1.39 Billion | Sweden | Mar 2026 |
| 28574 |
KPS Corporation
KQ:256940 |
47.6% |
₩89.95 Billion
≈ $60.96 Million |
₩47.14 Billion | Korea | Sep 2025 |
| 28575 |
Xinjiang Tianshan Cement Co Ltd
SHE:000877 |
47.6% |
CN¥90.01 Billion
≈ $13.17 Billion |
CN¥47.17 Billion | China | Mar 2026 |
| 28576 |
Tsogo Sun
JSE:TSG |
47.6% |
ZAC5.56 Billion
≈ $2.95 Million |
ZAC2.91 Billion | South Africa | Sep 2025 |
| 28577 |
Unlimited Travel Group UTG AB (publ)
ST:UTG |
47.6% |
Skr38.81 Million
≈ $4.18 Million |
Skr20.34 Million | Sweden | Mar 2026 |
| 28578 |
TELSTRA GROUP LTD SP.ADR
F:5KB |
47.6% |
€16.32 Billion
≈ $19.08 Billion |
€8.56 Billion | Germany | Jun 2025 |
| 28579 |
Moberg Pharma AB (publ)
ST:MOB |
47.5% |
Skr665.22 Million
≈ $71.59 Million |
Skr348.96 Million | Sweden | Dec 2025 |
| 28580 |
Atmus Filtration Technologies Inc.
NYSE:ATMU |
47.4% | $403.50 Million | $212.10 Million | USA | Mar 2026 |
| 28581 |
Brunswick Corporation
NYSE:BC |
47.4% | $1.63 Billion | $854.80 Million | USA | Dec 2025 |
| 28582 |
Concentra Group Holdings Parent, Inc.
NYSE:CON |
47.4% | $453.97 Million | $238.95 Million | USA | Mar 2026 |
| 28583 |
Autoliv Inc.
F:LIV |
47.4% |
€2.64 Billion
≈ $3.09 Billion |
€1.39 Billion | Germany | Mar 2026 |
| 28584 |
Autoliv Inc
NYSE:ALV |
47.4% | $2.64 Billion | $1.39 Billion | USA | Mar 2026 |
| 28585 |
PCBL LIMITED
NSE:PCBL |
47.3% |
Rs40.19 Billion
≈ $434.66 Million |
Rs21.16 Billion | India | Mar 2026 |
| 28586 |
Hansa Biopharma AB
ST:HNSA |
47.3% |
Skr182.18 Million
≈ $19.61 Million |
Skr95.94 Million | Sweden | Jun 2023 |
| 28587 |
Pet Valu Holdings Ltd
TO:PET |
47.3% |
CA$91.45 Million
≈ $66.15 Million |
CA$48.17 Million | Canada | Mar 2026 |
| 28588 |
Companhia Brasileira de Distribuição
SA:PCAR3 |
47.3% |
R$2.12 Billion
≈ $416.77 Million |
R$1.12 Billion | Brazil | Dec 2025 |
| 28589 |
Resolute Holdings Management, Inc.
NYSE:RHLD |
47.3% | $3.08 Billion | $1.62 Billion | USA | Mar 2026 |
| 28590 |
Bollinger Innovations, Inc.
NASDAQ:BINI |
47.3% | $53.00 Million | $27.94 Million | USA | Jun 2024 |
| 28591 |
Mullen Automotive Inc.
NASDAQ:MULN |
47.3% | $53.00 Million | $27.94 Million | USA | Jun 2024 |
| 28592 |
AOTI Inc
LSE:AOTI |
47.3% |
GBX17.74 Million
≈ $2.16K |
GBX9.36 Million | UK | Jun 2025 |
| 28593 |
Atlassian Corp Plc
NASDAQ:TEAM |
47.3% | $879.03 Million | $463.46 Million | USA | Mar 2026 |
| 28594 |
Serstech AB
ST:SERT |
47.3% |
Skr57.80 Million
≈ $6.22 Million |
Skr30.48 Million | Sweden | Sep 2025 |
| 28595 |
IPSEN SA SP.ADR 1/4/ EO 1
F:I7G0 |
47.2% |
€4.34 Billion
≈ $5.07 Billion |
€2.29 Billion | Germany | Dec 2025 |
| 28596 |
Embotelladora Andina S.A
NYSE:AKO-A |
47.2% | $1.38 Trillion | $730.90 Billion | USA | Mar 2026 |
| 28597 |
MOBILUM TECHNOLOGIES INC.
F:C0B |
47.2% Annual |
€10.19 Million
≈ $11.92 Million |
€5.38 Million | Germany | Feb 2022 |
| 28598 |
nVent Electric PLC
NYSE:NVT |
47.2% | $3.63 Billion | $1.92 Billion | USA | Sep 2025 |
| 28599 |
Grupo Bimbo S.A.B. de C.V
MX:BIMBOA |
47.1% |
MX$119.52 Billion
≈ $6.88 Billion |
MX$63.17 Billion | Mexico | Jun 2025 |
| 28600 |
GiG Software PLC
ST:GIG-SDB |
47.1% |
Skr56.35 Million
≈ $6.06 Million |
Skr29.79 Million | Sweden | Dec 2025 |