Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

43.8%
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
28701 Adtalem Global Education Inc
NYSE:ATGE 		44.9% $1.38 Billion $759.86 Million USA Dec 2025
28702 Andes Technology Corp
TW:6533 		44.9% NT$4.56 Billion
≈ $143.56 Million 		NT$2.51 Billion Taiwan Sep 2025
28703 Experian PLC
LSE:EXPN 		44.9% GBX5.58 Billion
≈ $679.25K 		GBX3.08 Billion UK Mar 2026
28704 James Hardie Industries plc
F:JHA 		44.9% €6.40 Billion
≈ $7.48 Billion 		€3.53 Billion Germany Dec 2025
28705 James Hardie Industries PLC ADR
NYSE:JHX 		44.9% $6.40 Billion $3.53 Billion USA Dec 2025
28706 James Hardie Industries Plc
AU:JHX 		44.9% AU$6.40 Billion
≈ $4.53 Billion 		AU$3.53 Billion Australia Dec 2025
28707 Experian plc
F:J2B 		44.9% €5.44 Billion
≈ $6.36 Billion 		€3.00 Billion Germany Sep 2025
28708 EXPERIAN PLC ADR
F:J2BA 		44.9% €5.44 Billion
≈ $6.36 Billion 		€3.00 Billion Germany Sep 2025
28709 Xylo Technologies Ltd.
NASDAQ:XYLO 		44.8% $17.59 Million $9.70 Million USA Dec 2024
28710 Crexendo Inc
NASDAQ:CXDO 		44.8% $72.71 Million $40.14 Million USA Mar 2026
28711 RaySearch Laboratories AB (publ)
ST:RAY-B 		44.7% Skr1.04 Billion
≈ $112.22 Million 		Skr576.50 Million Sweden Mar 2026
28712 Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd
SHE:300478 		44.7% CN¥41.04 Million
≈ $6.01 Million 		CN¥22.69 Million China Mar 2026
28713 Qian Jiang Water Resources Development Co Ltd
SHG:600283 		44.7% CN¥3.94 Billion
≈ $576.99 Million 		CN¥2.18 Billion China Mar 2026
28714 Datang Telecom Technology Co Ltd
SHG:600198 		44.7% CN¥642.80 Million
≈ $94.06 Million 		CN¥355.73 Million China Sep 2025
28715 INPOST S.A UNSP.ADR/1/2
F:6690 		44.6% €3.18 Billion
≈ $3.72 Billion 		€1.76 Billion Germany Dec 2025
28716 S4 Capital PLC
LSE:SFOR 		44.6% GBX501.60 Million
≈ $61.03K 		GBX278.00 Million UK Jun 2025
28717 Next.e.GO N.V.
NASDAQ:EGOXF 		44.6% $93.93 Million $52.06 Million USA Jun 2023
28718 AMA Group Ltd
AU:AMA 		44.6% AU$233.54 Million
≈ $165.25 Million 		AU$129.46 Million Australia Dec 2025
28719 Avantor Inc
NYSE:AVTR 		44.6% $5.59 Billion $3.10 Billion USA Mar 2026
28720 Reliance Global Group Inc
NASDAQ:RELIW 		44.6% $6.74 Million $3.74 Million USA Sep 2025
28721 Xbrane Biopharma AB
ST:XBRANE 		44.5% Skr550.16 Million
≈ $59.21 Million 		Skr305.08 Million Sweden Mar 2026
28722 Genomtec S.A.
WAR:GMT 		44.5% zł7.02 Million
≈ $1.93 Million 		zł3.89 Million Poland Mar 2026
28723 ADTRAN Inc
NASDAQ:ADTN 		44.5% $506.54 Million $281.28 Million USA Mar 2026
28724 HNI Corp
NYSE:HNI 		44.4% $1.77 Billion $985.30 Million USA Mar 2026
28725 Performance One AG
F:PO1 		44.4% €386.58K
≈ $451.95K 		€215.01K Germany Dec 2024
28726 POB AG NA O.N.
XETRA:PO1 		44.4% €386.58K
≈ $451.95K 		€215.01K Germany Dec 2024
28727 Restore plc
LSE:RST 		44.4% GBX232.10 Million
≈ $28.24K 		GBX129.10 Million UK Jun 2025
28728 Waystream Holding AB (publ)
ST:WAYS 		44.3% Skr75.84 Million
≈ $8.16 Million 		Skr42.23 Million Sweden Mar 2026
28729 Quality & Reliability A.B.E.E
AT:QUAL 		44.3% €3.30 Million
≈ $3.85 Million 		€1.84 Million Greece Dec 2024
28730 Insurance Australia Group Ltd
AU:IAG 		44.2% AU$7.81 Billion
≈ $5.53 Billion 		AU$4.36 Billion Australia Dec 2025
28731 Arzum Elektrikli Ev Aletleri Sanayi ve Ticaret AS
IS:ARZUM 		44.2% TL155.34 Million
≈ $3.48 Million 		TL86.72 Million Turkey Sep 2025
28732 Inpost SA
AS:INPST 		44.2% €3.10 Billion
≈ $3.63 Billion 		€1.73 Billion Netherlands Sep 2025
28733 Focusrite Plc
LSE:TUNE 		44.1% GBX117.92 Million
≈ $14.35K 		GBX65.89 Million UK Aug 2025
28734 Internet Gold Golden Lines Ltd
TA:IGLD 		44.1% ILA4.63 Million
≈ $12.42K 		ILA2.59 Million Israel Dec 2024
28735 Betacom S.A.
WAR:BCM 		44.1% zł20.85 Million
≈ $5.74 Million 		zł11.66 Million Poland Dec 2025
28736 Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497 		44.1% CN¥19.66 Billion
≈ $2.88 Billion 		CN¥10.99 Billion China Mar 2026
28737 PBG S.A
SA:PTBL3 		44.1% R$194.56 Million
≈ $38.18 Million 		R$108.81 Million Brazil Sep 2025
28738 FOS Capital Ltd
AU:FOS 		44.1% AU$13.14 Million
≈ $9.30 Million 		AU$7.35 Million Australia Dec 2025
28739 Hemogenyx Pharmaceuticals PLC
LSE:HEMO 		44.1% GBX853.49K
≈ $103.85 		GBX477.40K UK Dec 2024
28740 Bio-gate AG
XETRA:BIG1 		44.0% €1.79 Million
≈ $2.09 Million 		€1.00 Million Germany Dec 2024
28741 Swedencare publ AB
ST:SECARE 		44.0% Skr6.66 Billion
≈ $717.25 Million 		Skr3.73 Billion Sweden Dec 2025
28742 Organización Soriana S. A. B. de C. V
MX:SORIANAB 		44.0% MX$73.72 Billion
≈ $4.24 Billion 		MX$41.28 Billion Mexico Jun 2023
28743 Pasithea Therapeutics Corp
NASDAQ:KTTA 		44.0% $12.21 Million $6.84 Million USA Sep 2025
28744 Financière Amuse TopCo SAS
ST:ASMDEE-B 		44.0% Skr1.89 Billion
≈ $203.86 Million 		Skr1.06 Billion Sweden Mar 2026
28745 TCM Group
CO:TCM 		44.0% Dkr628.75 Million
≈ $98.37 Million 		Dkr352.33 Million Denmark Dec 2025
28746 Volvo Car AB (publ.)
ST:VOLCAR-B 		44.0% Skr146.14 Billion
≈ $15.73 Billion 		Skr81.89 Billion Sweden Sep 2025
28747 Merck & Company Inc
NYSE:MRK 		43.9% $45.93 Billion $25.75 Billion USA Mar 2026
28748 Pengana Capital Group Ltd
AU:PCG 		43.9% AU$85.57 Million
≈ $60.55 Million 		AU$47.97 Million Australia Dec 2025
28749 Pryme BV
OL:PRYME 		43.9% Nkr7.11 Million
≈ $747.65K 		Nkr3.99 Million Norway Sep 2025
28750 Edgewell Personal Care Co
NYSE:EPC 		43.8% $1.45 Billion $813.40 Million USA Mar 2026
28751 Beijing Haohua Energy Resource Co Ltd
SHG:601101 		43.8% CN¥15.59 Billion
≈ $2.28 Billion 		CN¥8.76 Billion China Mar 2026
28752 Adagio Medical Holdings, Inc Common Stock
NASDAQ:ADGM 		43.8% $12.40 Million $6.97 Million USA Dec 2025
28753 Haemonetics Corporation
NYSE:HAE 		43.8% $796.32 Million $447.65 Million USA Mar 2026
28754 Nosa Med AB
ST:NOSA 		43.8% Skr41.06 Million
≈ $4.42 Million 		Skr23.09 Million Sweden Dec 2025
28755 Digi International Inc
NASDAQ:DGII 		43.8% $665.96 Million $374.58 Million USA Mar 2026
28756 MBL Infrastructure Limited
NSE:MBLINFRA 		43.7% Rs9.74 Billion
≈ $105.29 Million 		Rs5.48 Billion India Sep 2025
28757 ENTYR Ltd
AU:ETR 		43.7% AU$2.69 Million
≈ $1.90 Million 		AU$1.51 Million Australia Dec 2023
28758 Vivid Seats Inc
NASDAQ:SEAT 		43.6% $335.50 Million $189.17 Million USA Sep 2025
28759 CONMED Corporation
NYSE:CNMD 		43.6% $1.02 Billion $573.80 Million USA Mar 2026
28760 Verra Mobility Corp
NASDAQ:VRRM 		43.6% $272.00 Million $153.37 Million USA Mar 2026
28761 Origin Enterprises Plc
IR:OIZ 		43.6% €405.94 Million
≈ $474.58 Million 		€229.01 Million Ireland Jan 2026
28762 HomeToGo SE
F:HTG 		43.6% €265.80 Million
≈ $310.74 Million 		€149.95 Million Germany Dec 2025
28763 Newmark Security plc
LSE:NWT 		43.6% GBX8.72 Million
≈ $1.06K 		GBX4.92 Million UK Oct 2025
28764 EGing Photovoltaic Technology Co Ltd
SHG:600537 		43.5% CN¥253.13 Million
≈ $37.04 Million 		CN¥142.99 Million China Sep 2025
28765 Ag Growth International Inc
TO:AFN 		43.5% CA$322.53 Million
≈ $233.31 Million 		CA$182.25 Million Canada Sep 2025
28766 Airbus Group SE
PA:AIR 		43.5% €29.79 Billion
≈ $34.83 Billion 		€16.84 Billion France Mar 2026
28767 Traws Pharma Inc
NASDAQ:TRAW 		43.4% $4.54 Million $2.57 Million USA Sep 2025
28768 SOFTBANK CORP. ADR
F:3AG0 		43.4% €4.48 Trillion
≈ $5.23 Trillion 		€2.53 Trillion Germany Sep 2025
28769 Agenus Inc
NASDAQ:AGEN 		43.4% $13.64 Million $7.72 Million USA Jun 2022
28770 Ras Technology Holdings Ltd
AU:RTH 		43.3% AU$14.29 Million
≈ $10.11 Million 		AU$8.10 Million Australia Dec 2025
28771 Gopeng Bhd
KLSE:2135 		43.3% RM385.23 Million
≈ $96.72 Million 		RM218.54 Million Malaysia Mar 2026
28772 Aallon Group Oyj
HE:AALLON 		43.2% €16.50 Million
≈ $19.29 Million 		€9.37 Million Finland Dec 2025
28773 IDOX plc
LSE:IDOX 		43.1% GBX82.87 Million
≈ $10.08K 		GBX47.11 Million UK Oct 2025
28774 ASPEN PHAR.UN.ADR /1 O.N.
F:LDZU 		43.1% €81.09 Billion
≈ $94.80 Billion 		€46.13 Billion Germany Dec 2025
28775 SRT Marine Systems plc
LSE:SRT 		43.1% GBX26.85 Million
≈ $3.27K 		GBX15.28 Million UK Jun 2025
28776 GALDERMA GROUP AG
NYSE:GALDY 		43.1% $8.15 Billion $4.64 Billion USA Dec 2025
28777 Sheela Foam Limited
NSE:SFL 		43.0% Rs30.87 Billion
≈ $333.86 Million 		Rs17.58 Billion India Sep 2025
28778 Eaton Corporation PLC
F:3EC 		43.0% €19.77 Billion
≈ $23.11 Billion 		€11.26 Billion Germany Mar 2026
28779 Tissue Regenix Group Plc
LSE:TRX 		43.0% GBX28.62 Million
≈ $3.48K 		GBX16.31 Million UK Jun 2025
28780 Assertio Therapeutics Inc
NASDAQ:ASRT 		43.0% $75.63 Million $43.10 Million USA Mar 2026
28781 Bokusgruppen AB
ST:BOKUS 		43.0% Skr672.10 Million
≈ $72.33 Million 		Skr383.40 Million Sweden Mar 2026
28782 GeneDx Holdings Corp.
NASDAQ:WGS 		43.0% $254.12 Million $144.97 Million USA Mar 2026
28783 GN Store Nord
CO:GN 		42.9% Dkr10.90 Billion
≈ $1.71 Billion 		Dkr6.22 Billion Denmark Dec 2025
28784 Sophia Genetics SA
NASDAQ:SOPH 		42.9% $60.69 Million $34.68 Million USA Sep 2025
28785 Chongqing Sansheng Building Materials Co Ltd
SHE:002742 		42.8% CN¥230.59 Million
≈ $33.74 Million 		CN¥131.84 Million China Mar 2026
28786 Tali Digital Ltd
AU:TD1 		42.8% AU$2.29 Million
≈ $1.62 Million 		AU$1.31 Million Australia Dec 2025
28787 Freemelt Holding AB
ST:FREEM 		42.8% Skr163.50 Million
≈ $17.59 Million 		Skr93.52 Million Sweden Mar 2026
28788 Orbia Advance Corporation S.A.B. de C.V
F:4FZ 		42.8% €2.65 Billion
≈ $3.09 Billion 		€1.51 Billion Germany Dec 2025
28789 Jiangsu WELLE Environmental Co Ltd
SHE:300190 		42.8% CN¥2.85 Billion
≈ $417.43 Million 		CN¥1.63 Billion China Jun 2025
28790 Shape Robotics AS
CO:SHAPE 		42.8% Dkr222.10 Million
≈ $34.75 Million 		Dkr127.10 Million Denmark Jun 2025
28791 Coles Group Ltd
AU:COL 		42.8% AU$3.88 Billion
≈ $2.75 Billion 		AU$2.22 Billion Australia Dec 2025
28792 Amcor Plc
AU:AMC 		42.7% AU$11.66 Billion
≈ $8.25 Billion 		AU$6.68 Billion Australia Mar 2026
28793 SS&C Technologies Holdings Inc
NASDAQ:SSNC 		42.6% $6.90 Billion $3.96 Billion USA Mar 2026
28794 CL Educate Limited
NSE:CLEDUCATE 		42.6% Rs2.74 Billion
≈ $29.59 Million 		Rs1.57 Billion India Sep 2025
28795 Waters Corporation
NYSE:WAT 		42.6% $15.29 Billion $8.78 Billion USA Mar 2026
28796 CCC Intelligent Solutions Holdings Inc.
NASDAQ:CCC 		42.6% $1.72 Billion $987.78 Million USA Mar 2026
28797 Opko Health Inc
NASDAQ:OPK 		42.6% $1.20 Billion $691.35 Million USA Mar 2026
28798 Moodys Corporation
NYSE:MCO 		42.6% $3.14 Billion $1.80 Billion USA Mar 2026
28799 Clime Investment Management Ltd
AU:CIW 		42.5% AU$23.73 Million
≈ $16.79 Million 		AU$13.64 Million Australia Dec 2025
28800 OC Oerlikon Corp AG
SW:OERL 		42.4% CHF929.00 Million
≈ $1.17 Billion 		CHF535.00 Million Switzerland Dec 2025