Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

51.4%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
28501 Backblaze Inc
NASDAQ:BLZE 		52.3% $88.54 Million $42.24 Million USA Jun 2026
28502 i3 Verticals Inc
NASDAQ:IIIV 		52.3% $438.24 Million $209.07 Million USA Mar 2026
28503 PHARMING GRP SP. ADRS
F:PHG 		52.3% €277.10 Million
≈ $323.96 Million 		€132.22 Million Germany Dec 2025
28504 Fnac Darty SA
PA:FNAC 		52.2% €1.63 Billion
≈ $1.90 Billion 		€778.00 Million France Jun 2025
28505 Taskus Inc
NASDAQ:TASK 		52.2% $299.85 Million $143.28 Million USA Jun 2026
28506 Portillo's Inc
NASDAQ:PTLO 		52.2% $509.95 Million $243.76 Million USA Jun 2026
28507 iQSTEL Inc.
NASDAQ:IQST 		52.2% $14.30 Million $6.84 Million USA Mar 2026
28508 Shandong Jining Ruyi Woolen Textile Co Ltd
SHE:002193 		52.2% CN¥269.28 Million
≈ $39.40 Million 		CN¥128.78 Million China Mar 2026
28509 Saregama India Limited
NSE:SAREGAMA 		52.2% Rs16.21 Billion
≈ $175.26 Million 		Rs7.75 Billion India Dec 2025
28510 CSG N.V.
AS:CSG 		52.1% €1.73 Billion
≈ $2.02 Billion 		€828.57 Million Netherlands Sep 2025
28511 Supergas Energy Ltd
TA:SPGE 		52.1% ILA805.92 Million
≈ $2.16 Million 		ILA386.10 Million Israel Sep 2022
28512 DistIT AB (publ)
ST:DIST 		52.1% Skr166.50 Million
≈ $17.92 Million 		Skr79.80 Million Sweden Mar 2026
28513 CodeMill AB
ST:CDMIL 		52.1% Skr50.19 Million
≈ $5.40 Million 		Skr24.05 Million Sweden Sep 2025
28514 Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S.
IS:HKTM 		52.0% TL980.55 Million
≈ $21.96 Million 		TL470.43 Million Turkey Jun 2025
28515 Genomma Lab Internacional S.A.B. de C.V
MX:LABB 		52.0% MX$11.72 Billion
≈ $674.21 Million 		MX$5.62 Billion Mexico Mar 2026
28516 Jasmine International Public Company Limited
BK:JAS 		52.0% ฿11.66 Billion
≈ $363.36 Million 		฿5.60 Billion Thailand Sep 2025
28517 Jasmine International Public Company Limited
F:JASN 		52.0% €11.66 Billion
≈ $13.63 Billion 		€5.60 Billion Germany Sep 2025
28518 Jeongsan Aikang Co.Ltd
KQ:022220 		52.0% ₩92.14 Billion
≈ $62.44 Million 		₩44.24 Billion Korea Sep 2025
28519 Faes Farma SA
MC:FAE 		52.0% €777.46 Million
≈ $908.93 Million 		€373.52 Million Spain Jun 2026
28520 Teleperformance SE
PA:TEP 		51.9% €4.19 Billion
≈ $4.90 Billion 		€2.02 Billion France Jun 2026
28521 Afarak Group Oyj
HE:AFAGR 		51.9% €103.36 Million
≈ $120.84 Million 		€49.68 Million Finland Jun 2025
28522 Mowi ASA
OL:MOWI 		51.9% Nkr4.37 Billion
≈ $459.97 Million 		Nkr2.10 Billion Norway Dec 2025
28523 VYTRUS BIOTECH EO -01
F:V5P 		51.9% €10.31 Million
≈ $12.05 Million 		€4.96 Million Germany Dec 2025
28524 Vytrus Biotech S.A.
MC:VYT 		51.9% €10.31 Million
≈ $12.05 Million 		€4.96 Million Spain Dec 2025
28525 DORO AB
ST:DORO 		51.9% Skr569.40 Million
≈ $61.28 Million 		Skr273.80 Million Sweden Sep 2025
28526 RHI Magnesita NV
VI:RHIM 		51.9% €1.14 Billion
≈ $1.34 Billion 		€550.00 Million Austria Jun 2025
28527 Deluxe Corporation
NYSE:DLX 		51.9% $696.80 Million $335.50 Million USA Mar 2026
28528 Blue Owl Capital Inc
NYSE:OWL 		51.8% $6.18 Billion $2.98 Billion USA Sep 2025
28529 AB Electrolux (publ)
ST:ELUX-B 		51.8% Skr9.35 Billion
≈ $1.01 Billion 		Skr4.51 Billion Sweden Mar 2026
28530 ELECTROLUX B ADR/2 SK 5
F:ELXA 		51.8% €9.35 Billion
≈ $10.94 Billion 		€4.51 Billion Germany Mar 2026
28531 Fortune Brands Innovations Inc.
NYSE:FBIN 		51.8% $2.31 Billion $1.11 Billion USA Jun 2026
28532 Wayfair Inc
NYSE:W 		51.7% $3.03 Million $1.46 Million USA Sep 2017
28533 Motorsport Gaming Us LLC
NASDAQ:MSGM 		51.7% $8.56 Million $4.13 Million USA Mar 2026
28534 Eterindo Wahanatama Tbk
JK:ETWA 		51.6% Rp7.10 Billion
≈ $416.13K 		Rp3.43 Billion Indonesia Dec 2016
28535 Bragg Gaming Group Inc
TO:BRAG 		51.6% CA$62.11 Million
≈ $44.93 Million 		CA$30.04 Million Canada Mar 2026
28536 Safran SA
PA:SAF 		51.6% €15.46 Billion
≈ $18.08 Billion 		€7.49 Billion France Dec 2025
28537 SAFRAN UNSPONS.ADR 1/4
F:SEJU 		51.6% €15.46 Billion
≈ $18.08 Billion 		€7.49 Billion Germany Dec 2025
28538 Polymetals Resources Ltd
AU:POL 		51.6% AU$18.79 Million
≈ $13.30 Million 		AU$9.10 Million Australia Jun 2025
28539 IPH Ltd
AU:IPH 		51.6% AU$678.80 Million
≈ $480.29 Million 		AU$328.70 Million Australia Dec 2025
28540 Lords Grp Trading Plc
LSE:LORD 		51.6% GBX48.89 Million
≈ $5.95K 		GBX23.68 Million UK Jun 2025
28541 CECO Environmental Corp.
NASDAQ:CECO 		51.5% $2.08 Billion $1.01 Billion USA Jun 2026
28542 Modern Times Group Mtg AB
ST:MTG-B 		51.5% Skr10.62 Billion
≈ $1.14 Billion 		Skr5.15 Billion Sweden Dec 2025
28543 Modern Times Group Mtg AB
ST:MTG-A 		51.5% Skr10.62 Billion
≈ $1.14 Billion 		Skr5.15 Billion Sweden Dec 2025
28544 Diploma PLC
LSE:DPLM 		51.5% GBX994.20 Million
≈ $120.97K 		GBX482.10 Million UK Sep 2025
28545 SUNation Energy Inc.
NASDAQ:SUNE 		51.5% $21.73 Million $10.54 Million USA Sep 2025
28546 INOVIQ LTD.
F:EGQ0 		51.5% €19.99 Million
≈ $23.37 Million 		€9.70 Million Germany Jun 2024
28547 KWG Group Holdings Limited
F:KOU 		51.4% €6.65 Billion
≈ $7.77 Billion 		€3.23 Billion Germany Dec 2025
28548 Shanxi LuAn Environmental Energy Development Co Ltd
SHG:601699 		51.4% CN¥48.19 Billion
≈ $7.05 Billion 		CN¥23.43 Billion China Sep 2025
28549 TuHURA Biosciences Inc
NASDAQ:HURA 		51.4% $23.19 Million $11.28 Million USA Mar 2026
28550 Itissalat Al-Maghrib
PA:IAM 		51.4% €22.52 Billion
≈ $26.33 Billion 		€10.95 Billion France Jun 2026
28551 Novolog Pharm-Up 1966 Ltd
TA:NVLG 		51.4% ILA368.90 Million
≈ $989.02K 		ILA179.40 Million Israel Dec 2025
28552 Elanco Animal Health
NYSE:ELAN 		51.4% $6.59 Billion $3.20 Billion USA Jun 2026
28553 Pharming Group NV
NASDAQ:PHAR 		51.3% $268.96 Million $130.99 Million USA Mar 2026
28554 Ralliant Corporation Common Stock
NYSE:RAL 		51.3% $1.57 Billion $762.50 Million USA Mar 2026
28555 Mcmillan Shakespeare Ltd
AU:MMS 		51.3% AU$112.79 Million
≈ $79.81 Million 		AU$54.95 Million Australia Jun 2025
28556 TROPHY GAMES Development AS
CO:TGAMES 		51.3% Dkr58.49 Million
≈ $9.15 Million 		Dkr28.50 Million Denmark Jun 2025
28557 SoftwareONE Holding AG
SW:SWON 		51.3% CHF981.40 Million
≈ $1.24 Billion 		CHF478.30 Million Switzerland Dec 2025
28558 Grupo Aval
NYSE:AVAL 		51.3% $33.61 Trillion $16.39 Trillion USA Mar 2026
28559 Remedy Entertainment Oyj
HE:REMEDY 		51.1% €56.56 Million
≈ $66.12 Million 		€27.63 Million Finland Sep 2025
28560 Armstrong World Industries Inc
NYSE:AWI 		51.1% $884.30 Million $432.10 Million USA Jun 2026
28561 ZEAL Network SE
XETRA:TIMA 		51.1% €220.39 Million
≈ $257.66 Million 		€107.71 Million Germany Sep 2025
28562 Optomed PLC
HE:OPTOMED 		51.1% €20.24 Million
≈ $23.66 Million 		€9.90 Million Finland Sep 2025
28563 MOVEBYBIKE EUROPE AB
F:6ZR 		51.1% €409.00K
≈ $478.16K 		€200.00K Germany Dec 2025
28564 Spectrum Brands Holdings Inc
NYSE:SPB 		51.1% $1.90 Billion $929.00 Million USA Dec 2025
28565 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
28566 Union Jack Oil plc
LSE:UJO 		51.0% GBX16.83 Million
≈ $2.05K 		GBX8.24 Million UK Dec 2025
28567 UEM Edgenta Bhd
KLSE:1368 		51.0% RM1.06 Billion
≈ $265.17 Million 		RM517.42 Million Malaysia Mar 2026
28568 Vertoz Advertising Limited
NSE:VERTOZ 		51.0% Rs2.29 Billion
≈ $24.79 Million 		Rs1.12 Billion India Sep 2025
28569 Digi Communications NV
RO:DIGI 		51.0% RON1.24 Billion
≈ $283.80 Million 		RON605.79 Million Romania Sep 2025
28570 Vestas Wind Systems A/S
CO:VWS 		51.0% Dkr3.92 Billion
≈ $613.31 Million 		Dkr1.92 Billion Denmark Mar 2026
28571 Vestas Wind Systems A/S
F:VWSA 		51.0% €3.92 Billion
≈ $4.58 Billion 		€1.92 Billion Germany Mar 2026
28572 Crexendo Inc
NASDAQ:CXDO 		51.0% $78.11 Million $38.30 Million USA Jun 2026
28573 Mkango Resources Ltd
V:MKA 		51.0% CA$5.98 Million
≈ $4.32 Million 		CA$2.93 Million Canada Jun 2025
28574 Sygnia Ltd
JSE:SYG 		50.9% ZAC825.86 Million
≈ $438.90K 		ZAC405.43 Million South Africa Mar 2025
28575 Grupo Aval Acciones y Valores S.A
F:6GAA 		50.9% €34.64 Trillion
≈ $40.49 Trillion 		€17.00 Trillion Germany Sep 2025
28576 Boralex Inc
TO:BLX 		50.9% CA$1.96 Billion
≈ $1.42 Billion 		CA$961.00 Million Canada Sep 2025
28577 Ostin Technology Group Co Ltd
NASDAQ:OST 		50.8% $8.51 Million $4.18 Million USA Mar 2026
28578 Better Home & Finance Holding Company
NASDAQ:BETR 		50.8% $57.90 Million $28.46 Million USA Jun 2026
28579 PZ Cormay SA
WAR:CRM 		50.8% zł44.52 Million
≈ $12.25 Million 		zł21.90 Million Poland Mar 2026
28580 Edgio, Inc.
NASDAQ:EGIOQ 		50.8% $153.60 Million $75.59 Million USA Sep 2023
28581 Digital Brands Group, Inc. Common Stock
NASDAQ:DBGI 		50.8% $15.99 Million $7.87 Million USA Sep 2025
28582 SSP Group PLC
LSE:SSPG 		50.8% GBX268.90 Million
≈ $32.72K 		GBX132.40 Million UK Sep 2025
28583 Brookfield Corporation
TO:BN 		50.7% CA$165.89 Billion
≈ $120.00 Billion 		CA$81.70 Billion Canada Dec 2025
28584 IAR Systems Group AB (publ)
ST:IAR-B 		50.7% Skr435.90 Million
≈ $46.91 Million 		Skr214.70 Million Sweden Jun 2025
28585 Datang HuaYin Electric Power Co Ltd
SHG:600744 		50.7% CN¥2.27 Billion
≈ $332.26 Million 		CN¥1.12 Billion China Mar 2026
28586 Maintel Holdings Plc
LSE:MAI 		50.7% GBX13.25 Million
≈ $1.61K 		GBX6.53 Million UK Dec 2025
28587 Volkswagen AG VZO O.N.
XETRA:VOW3 		50.7% €183.50 Billion
≈ $214.54 Billion 		€90.44 Billion Germany Sep 2025
28588 Global Business Travel Group Inc
NYSE:GBTG 		50.7% $1.66 Billion $821.00 Million USA Mar 2026
28589 Enpro Industries
NYSE:NPO 		50.7% $1.59 Billion $783.30 Million USA Jun 2026
28590 Api Group Corp
NYSE:APG 		50.6% $3.52 Billion $1.74 Billion USA Jun 2026
28591 NeueHealth Inc
NYSE:NEUE 		50.6% $194.61 Million $96.15 Million USA Sep 2023
28592 Auren Energia S.A.
SA:AURE3 		50.5% R$12.75 Billion
≈ $2.50 Billion 		R$6.31 Billion Brazil Jun 2026
28593 Amotiv Limited
TO:AOV 		50.5% CA$767.27 Million
≈ $555.03 Million 		CA$379.51 Million Canada Dec 2025
28594 Guangdong Songyang Recycle Resources Co Ltd
SHG:603863 		50.5% CN¥366.88 Million
≈ $53.69 Million 		CN¥181.49 Million China Sep 2025
28595 China Railway Group Limited
F:CNO 		50.5% €520.84 Billion
≈ $608.91 Billion 		€257.66 Billion Germany Jun 2025
28596 Paramount Skydance Corporation Class B Common Stock
NASDAQ:PSKY 		50.5% $13.27 Billion $6.57 Billion USA Sep 2025
28597 Biodexa Pharmaceticals
NASDAQ:BDRX 		50.5% $11.38 Million $5.64 Million USA Dec 2025
28598 Swisscom AG
SW:SCMN 		50.5% CHF11.16 Billion
≈ $14.11 Billion 		CHF5.52 Billion Switzerland Mar 2026
28599 Mycronic publ AB
ST:MYCR 		50.4% Skr7.11 Billion
≈ $765.04 Million 		Skr3.52 Billion Sweden Dec 2025
28600 Owens & Minor Inc
NYSE:OMI 		50.4% $570.98 Million $283.09 Million USA Mar 2025