Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

46.0%
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
28601 E Media Holdings Ltd
JSE:EMH 		47.1% ZAC4.39 Billion
≈ $2.33 Million 		ZAC2.32 Billion South Africa Sep 2025
28602 eMedia Holdings Limited
JSE:EMN 		47.1% ZAC4.39 Billion
≈ $2.33 Million 		ZAC2.32 Billion South Africa Sep 2025
28603 Upbound Group Inc.
NASDAQ:UPBD 		47.1% $687.30 Million $363.80 Million USA Sep 2025
28604 Softtech Engineers Limited
NSE:SOFTTECH 		47.1% Rs1.70 Billion
≈ $18.43 Million 		Rs902.17 Million India Mar 2026
28605 Radaan Mediaworks India Limited
NSE:RADAAN 		47.0% Rs15.99 Million
≈ $172.95K 		Rs8.47 Million India Mar 2020
28606 Digital Aria Co Ltd
KQ:115450 		47.0% ₩173.86 Billion
≈ $117.82 Million 		₩92.12 Billion Korea Dec 2025
28607 Research Solutions Inc
NASDAQ:RSSS 		47.0% $17.23 Million $9.13 Million USA Dec 2025
28608 Luminar Technologies
NASDAQ:LAZR 		47.0% $42.96 Million $22.77 Million USA Sep 2022
28609 Luminar Technologies Inc. Class A
NASDAQ:LAZRQ 		47.0% $42.96 Million $22.77 Million USA Sep 2022
28610 Nufarm Ltd
AU:NUF 		46.9% AU$2.06 Billion
≈ $1.46 Billion 		AU$1.09 Billion Australia Jan 2026
28611 RanLOS AB Series B
ST:RLOS-B 		46.9% Skr16.51 Million
≈ $1.78 Million 		Skr8.76 Million Sweden Dec 2025
28612 AB Electrolux (publ)
ST:ELUX-A 		46.9% Skr8.71 Billion
≈ $936.90 Million 		Skr4.62 Billion Sweden Dec 2025
28613 Boreo Oyj
HE:BOREO 		46.8% €22.20 Million
≈ $25.95 Million 		€11.80 Million Finland Mar 2026
28614 ZH.JIN.ENV.HLDG DL-00001
F:3UG 		46.8% €8.21 Billion
≈ $9.60 Billion 		€4.36 Billion Germany Dec 2025
28615 Heritage Distilling Holding Company, Inc. Common Stock
NASDAQ:CASK 		46.8% $791.77K $421.15K USA Dec 2024
28616 Reece Ltd
AU:REH 		46.8% AU$3.66 Billion
≈ $2.59 Billion 		AU$1.95 Billion Australia Dec 2025
28617 Nasdaq Inc
NASDAQ:NDAQ 		46.8% $12.23 Billion $6.51 Billion USA Dec 2025
28618 Thor Energy Plc
AU:THR 		46.7% AU$8.11 Million
≈ $5.74 Million 		AU$4.32 Million Australia Dec 2025
28619 The Clorox Company
NYSE:CLX 		46.7% $92.00 Million $49.00 Million USA Mar 2026
28620 NEXI SPA (UNSP.ADR)/1
F:N0X0 		46.7% €7.08 Billion
≈ $8.28 Billion 		€3.77 Billion Germany Dec 2025
28621 Shenzhen Clou Electronics Co Ltd
SHE:002121 		46.7% CN¥781.65 Million
≈ $114.38 Million 		CN¥416.70 Million China Sep 2025
28622 Gansu Yasheng Industrial Group Co Ltd
SHG:600108 		46.7% CN¥4.31 Billion
≈ $631.07 Million 		CN¥2.30 Billion China Sep 2025
28623 N.W.F Group
LSE:NWF 		46.7% GBX88.90 Million
≈ $10.82K 		GBX47.40 Million UK Nov 2025
28624 Sporting Clube de Braga - Futebol SAD
LS:SCB 		46.7% Annual €80.01 Million
≈ $93.53 Million 		€42.66 Million Portugal Jun 2024
28625 Asbury Automotive Group Inc
NYSE:ABG 		46.7% $3.93 Billion $2.10 Billion USA Mar 2026
28626 Zurn Elkay Water Solutions Corporation
NYSE:ZWS 		46.6% $1.59 Billion $849.10 Million USA Sep 2025
28627 Ipsen SA
PA:IPN 		46.6% €4.23 Billion
≈ $4.95 Billion 		€2.26 Billion France Jun 2025
28628 Cipher Pharmaceuticals Inc
TO:CPH 		46.6% CA$132.84 Million
≈ $96.09 Million 		CA$70.90 Million Canada Mar 2026
28629 indie Semiconductor Inc
NASDAQ:INDI 		46.6% $348.95 Million $186.31 Million USA Mar 2026
28630 Quorum Information Technologies Inc
V:QIS 		46.6% CA$30.32 Million
≈ $21.93 Million 		CA$16.19 Million Canada Sep 2025
28631 IT Tech Packaging Inc
NYSE MKT:ITP 		46.6% $152.05 Million $81.24 Million USA Sep 2025
28632 NIP Group Inc. American Depositary Shares
NASDAQ:NIPG 		46.6% $239.46 Million $127.98 Million USA Mar 2025
28633 Pool Safe Inc
V:POOL 		46.5% CA$422.67K
≈ $305.75K 		CA$226.00K Canada Sep 2018
28634 SAF Holland SA
XETRA:SFQ 		46.5% €516.18 Million
≈ $603.47 Million 		€276.18 Million Germany Mar 2026
28635 Taiwan Optical Platform Co Ltd
TW:6464 		46.5% NT$8.54 Billion
≈ $268.99 Million 		NT$4.57 Billion Taiwan Sep 2025
28636 Volt Carbon Technologies Inc
V:VCT 		46.5% CA$2.68 Million
≈ $1.94 Million 		CA$1.44 Million Canada Jan 2026
28637 Media Capital
LS:MCP 		46.4% €99.92 Million
≈ $116.81 Million 		€53.56 Million Portugal Dec 2025
28638 Questor Technology Inc.
V:QST 		46.4% CA$19.72 Million
≈ $14.26 Million 		CA$10.58 Million Canada Dec 2025
28639 SEEEN PLC
LSE:SEEN 		46.3% GBX1.44 Million
≈ $175.00 		GBX771.74K UK Jun 2025
28640 Ladder Capital Corp Class A
NYSE:LADR 		46.3% $1.44 Billion $775.72 Million USA Mar 2026
28641 Live Nation Entertainment Inc
NYSE:LYV 		46.3% $1.98 Billion $1.06 Billion USA Sep 2025
28642 Shirpur Gold Refinery Limited
NSE:SHIRPUR-G 		46.3% Rs951.11 Million
≈ $10.29 Million 		Rs510.77 Million India Sep 2020
28643 Bjorn Borg AB
ST:BORG 		46.3% Skr361.02 Million
≈ $38.85 Million 		Skr193.90 Million Sweden Dec 2025
28644 Hemnet Group AB
ST:HEM 		46.2% Skr1.13 Billion
≈ $121.52 Million 		Skr607.00 Million Sweden Sep 2025
28645 Siyata Mobile Inc
NASDAQ:SYTA 		46.2% $16.83 Million $9.05 Million USA Jun 2025
28646 Netmarble Games Corp
KO:251270 		46.2% ₩5.46 Trillion
≈ $3.70 Billion 		₩2.94 Trillion Korea Sep 2025
28647 Taskus Inc
NASDAQ:TASK 		46.1% $275.17 Million $148.34 Million USA Mar 2026
28648 Molina Healthcare Inc
NYSE:MOH 		46.1% $4.07 Billion $2.19 Billion USA Dec 2025
28649 Ranpak Holdings Corp
NYSE:PACK 		46.0% $524.50 Million $283.00 Million USA Mar 2026
28650 Lottery.com, Inc. Common Stock
NASDAQ:LTRY 		46.0% $22.54 Million $12.18 Million USA Mar 2025
28651 Pacira BioSciences, Inc.
NASDAQ:PCRX 		46.0% $653.89 Million $353.23 Million USA Mar 2026
28652 Dagang Nexchange Bhd
KLSE:4456 		46.0% RM1.72 Billion
≈ $430.71 Million 		RM926.99 Million Malaysia Mar 2026
28653 Advicenne
PA:ALDVI 		46.0% €309.00K
≈ $361.25K 		€167.00K France Dec 2021
28654 BRAXIA SCIENTIFIC CORP.
F:4960 		45.9% Annual €1.60 Million
≈ $1.88 Million 		€868.06K Germany Mar 2023
28655 Koninklijke KPN NV
AS:KPN 		45.9% €2.57 Billion
≈ $3.01 Billion 		€1.39 Billion Netherlands Dec 2025
28656 Mount Logan Capital Inc
NEO:MLC 		45.8% CA$45.81 Million
≈ $33.14 Million 		CA$24.81 Million Canada Jun 2025
28657 Sterling Metals Corp
V:SAG 		45.8% CA$24.89 Million
≈ $18.00 Million 		CA$13.48 Million Canada Mar 2026
28658 Dongguan Chitwing Technology Co Ltd
SHE:002855 		45.8% CN¥171.80 Million
≈ $25.14 Million 		CN¥93.13 Million China Mar 2026
28659 Wonik QnC Corporation
KQ:074600 		45.8% ₩593.08 Billion
≈ $401.92 Million 		₩321.54 Billion Korea Mar 2026
28660 TUT Fitness Group Inc
V:GYM 		45.7% CA$1.18 Million
≈ $856.94K 		CA$642.67K Canada Jun 2023
28661 Energisa Mato Grosso - Distribuidora de Energia S/A
SA:ENMT3 		45.7% R$3.97 Billion
≈ $778.05 Million 		R$2.15 Billion Brazil Sep 2025
28662 Kwesst Micro Systems Inc
V:KWE 		45.7% CA$4.58 Million
≈ $3.32 Million 		CA$2.49 Million Canada Jun 2025
28663 Solidion Technology Inc.
NASDAQ:STI 		45.7% $3.41 Million $1.85 Million USA Dec 2023
28664 Victor Group Holdings Ltd
AU:VIG 		45.7% AU$10.96 Million
≈ $7.76 Million 		AU$5.95 Million Australia Jun 2025
28665 Klassik Radio AG
XETRA:KA8 		45.7% €1.66 Million
≈ $1.94 Million 		€902.00K Germany Jun 2025
28666 Crown Castle
NYSE:CCI 		45.7% $5.30 Billion $2.88 Billion USA Sep 2024
28667 Unitronics
TA:UNIT 		45.6% ILA80.56 Million
≈ $215.97K 		ILA43.79 Million Israel Sep 2025
28668 Man Group PLC
LSE:EMG 		45.6% GBX1.48 Billion
≈ $179.71K 		GBX803.00 Million UK Jun 2025
28669 11 bit studios S.A
WAR:11B 		45.6% zł251.45 Million
≈ $69.20 Million 		zł136.80 Million Poland Sep 2025
28670 Just Eat Takeaway
AS:TKWY 		45.6% €4.21 Billion
≈ $4.92 Billion 		€2.29 Billion Netherlands Jun 2025
28671 SPIE SA
PA:SPIE 		45.5% €2.17 Billion
≈ $2.54 Billion 		€1.18 Billion France Dec 2025
28672 PowerFleet, Inc.
NASDAQ:AIOT 		45.5% $485.18 Million $264.28 Million USA Dec 2025
28673 Embracer Group AB (publ)
ST:EMBRAC-B 		45.5% Skr19.53 Billion
≈ $2.10 Billion 		Skr10.65 Billion Sweden Mar 2026
28674 Coca-Cola Femsa SAB de CV ADR
NYSE:KOF 		45.5% $148.76 Billion $81.11 Billion USA Sep 2025
28675 Embracer Group AB Series B
LSE:0GFE 		45.5% Skr19.53 Billion
≈ $2.10 Billion 		Skr10.65 Billion UK Mar 2026
28676 BoomBit S.A
WAR:BBT 		45.4% zł78.38 Million
≈ $21.57 Million 		zł42.78 Million Poland Mar 2026
28677 Talgo SA
MC:TLGO 		45.4% €229.40 Million
≈ $268.19 Million 		€125.27 Million Spain Dec 2025
28678 China Railway Group Limited
SHG:601390 		45.4% CN¥546.55 Billion
≈ $79.98 Billion 		CN¥298.53 Billion China Mar 2026
28679 PVH Corp
NYSE:PVH 		45.4% $4.89 Billion $2.67 Billion USA May 2026
28680 Birkenstock Holding plc
NYSE:BIRK 		45.4% $2.90 Billion $1.58 Billion USA Mar 2026
28681 Sino Medical Sciences Technology In
SHG:688108 		45.3% CN¥1.06 Billion
≈ $155.72 Million 		CN¥581.85 Million China Mar 2026
28682 Asia Brands Bhd
KLSE:7722 		45.3% RM239.53 Million
≈ $60.14 Million 		RM131.00 Million Malaysia Mar 2025
28683 Datametrex AI Ltd
V:DM 		45.3% CA$9.05 Million
≈ $6.54 Million 		CA$4.95 Million Canada Dec 2025
28684 Informa PLC
LSE:INF 		45.3% GBX6.33 Billion
≈ $769.95K 		GBX3.46 Billion UK Jun 2025
28685 Acconeer AB
ST:ACCON 		45.3% Skr256.47 Million
≈ $27.60 Million 		Skr140.38 Million Sweden Dec 2025
28686 KB No4 SPAC
KQ:205500 		45.2% ₩30.10 Billion
≈ $20.40 Million 		₩16.49 Billion Korea Dec 2025
28687 Addnode Group AB (publ)
ST:ANOD-B 		45.2% Skr2.95 Billion
≈ $317.68 Million 		Skr1.62 Billion Sweden Mar 2026
28688 Tianjin Binhai Energy & Development Co Ltd
SHE:000695 		45.2% CN¥665.90 Million
≈ $97.44 Million 		CN¥365.01 Million China Mar 2026
28689 Three Stars NM
SHG:603578 		45.1% CN¥1.33 Billion
≈ $195.08 Million 		CN¥731.70 Million China Mar 2026
28690 Clariane SE
PA:CLARI 		45.1% €3.92 Billion
≈ $4.58 Billion 		€2.15 Billion France Dec 2025
28691 Nobia AB
ST:NOBI 		45.1% Skr947.00 Million
≈ $101.91 Million 		Skr520.00 Million Sweden Dec 2025
28692 Voltalia SA
PA:VLTSA 		45.1% €1.06 Billion
≈ $1.24 Billion 		€583.00 Million France Dec 2025
28693 Jiangsu Fasten Co Ltd
SHE:000890 		45.0% CN¥61.95 Million
≈ $9.07 Million 		CN¥34.05 Million China Mar 2026
28694 Viridien
PA:VIRI 		45.0% €1.07 Billion
≈ $1.25 Billion 		€589.30 Million France Jun 2025
28695 Craneware Plc
LSE:CRW 		45.0% GBX337.56 Million
≈ $41.07K 		GBX185.73 Million UK Jun 2025
28696 Itissalat Al-Maghrib (IAM) S.A
F:MSPA 		45.0% €18.70 Billion
≈ $21.86 Billion 		€10.29 Billion Germany Jun 2025
28697 Bioton S.A.
WAR:BIO 		44.9% zł593.97 Million
≈ $163.47 Million 		zł327.06 Million Poland Dec 2025
28698 China Energy Engineering Corp Ltd
SHG:601868 		44.9% CN¥201.95 Billion
≈ $29.55 Billion 		CN¥111.21 Billion China Dec 2025
28699 Sprott Inc.
TO:SII 		44.9% CA$503.40 Million
≈ $364.15 Million 		CA$277.25 Million Canada Dec 2025
28700 Topbuild Corp
NYSE:BLD 		44.9% $2.40 Billion $1.33 Billion USA Mar 2026