Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

47.3%
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
28701 Epiroc AB (publ)
ST:EPI-B 		48.5% Skr44.60 Billion
≈ $4.80 Billion 		Skr22.98 Billion Sweden Jun 2026
28702 Compass Group PLC
LSE:CPG 		48.5% GBX5.76 Billion
≈ $701.33K 		GBX2.97 Billion UK Sep 2025
28703 COMPASS GROUP
F:XGR 		48.5% €7.76 Billion
≈ $9.07 Billion 		€4.00 Billion Germany Sep 2025
28704 Forgent Power Solutions, Inc.
NYSE:FPS 		48.5% $582.60 Million $300.26 Million USA Mar 2026
28705 Cadre Holdings Inc
NYSE:CDRE 		48.4% $336.12 Million $173.32 Million USA Mar 2026
28706 Kinatico Ltd
AU:KYP 		48.4% AU$28.31 Million
≈ $20.03 Million 		AU$14.60 Million Australia Dec 2025
28707 Emerald Expositions Events Inc
NYSE:EEX 		48.4% $369.50 Million $190.60 Million USA Sep 2025
28708 BRP Inc
TO:DOO 		48.4% CA$610.70 Million
≈ $441.77 Million 		CA$315.30 Million Canada Jan 2026
28709 11 bit studios S.A
WAR:11B 		48.4% zł233.64 Million
≈ $64.30 Million 		zł120.65 Million Poland Mar 2026
28710 Karsan Otomotiv Sanayi ve Ticaret AS
IS:KARSN 		48.3% TL7.23 Billion
≈ $162.01 Million 		TL3.74 Billion Turkey Dec 2025
28711 Hebei Changshan Biochem Pharma
SHE:300255 		48.3% CN¥1.48 Billion
≈ $216.35 Million 		CN¥764.41 Million China Sep 2025
28712 Beammwave AB B
ST:BEAMMW-B 		48.3% Skr124.53 Million
≈ $13.40 Million 		Skr64.41 Million Sweden Mar 2026
28713 China Nuclear Engineering Co
SHG:601611 		48.3% CN¥51.62 Billion
≈ $7.55 Billion 		CN¥26.70 Billion China Mar 2026
28714 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
28715 Brunswick Corporation
NYSE:BC 		48.2% $1.60 Billion $828.90 Million USA Jun 2026
28716 Hershey Co
NYSE:HSY 		48.2% $4.73 Billion $2.45 Billion USA Mar 2026
28717 TFP Solutions Bhd
KLSE:0145 		48.2% RM5.49 Million
≈ $1.38 Million 		RM2.84 Million Malaysia Sep 2025
28718 ACELRX PHARMACEUT. DL-01
F:R5XA 		48.2% €17.04 Million
≈ $19.92 Million 		€8.82 Million Germany Dec 2025
28719 Cryosite Ltd
AU:CTE 		48.2% AU$3.61 Million
≈ $2.55 Million 		AU$1.87 Million Australia Dec 2025
28720 Unibap AB
ST:UNIBAP 		48.2% Skr114.69 Million
≈ $12.34 Million 		Skr59.41 Million Sweden Dec 2025
28721 Pluribus Technologies Corp
V:PLRB 		48.1% CA$15.09 Million
≈ $10.92 Million 		CA$7.84 Million Canada Sep 2024
28722 Pierre et Vacances SA
PA:VAC 		48.0% €251.45 Million
≈ $293.97 Million 		€130.68 Million France Sep 2019
28723 SHANDONG BOAN BIOTECH.H 1
F:UJ9 		48.0% €2.74 Billion
≈ $3.20 Billion 		€1.42 Billion Germany Dec 2025
28724 Pet Valu Holdings Ltd
TO:PET 		48.0% CA$91.38 Million
≈ $66.10 Million 		CA$47.52 Million Canada Jun 2026
28725 Golden Matrix Group Inc
NASDAQ:GMGI 		48.0% $50.43 Million $26.23 Million USA Jan 2026
28726 HealthEquity Inc
NASDAQ:HQY 		47.9% $2.11 Billion $1.10 Billion USA Jan 2026
28727 Socket Mobile Inc
NASDAQ:SCKT 		47.9% $2.38 Million $1.24 Million USA Jun 2026
28728 KERING.UNSP.ADR 1/10 EO 4
F:PPXB 		47.9% €15.52 Billion
≈ $18.14 Billion 		€8.08 Billion Germany Dec 2025
28729 Endurance Motive S.A.
MC:END 		47.7% €2.98 Million
≈ $3.49 Million 		€1.56 Million Spain Dec 2025
28730 ENDURANCE MOTIVE EO -02
F:7VB 		47.7% €2.98 Million
≈ $3.49 Million 		€1.56 Million Germany Dec 2025
28731 Western Mining Co Ltd
SHG:601168 		47.7% CN¥27.72 Billion
≈ $4.06 Billion 		CN¥14.51 Billion China Mar 2026
28732 Autoliv Inc
ST:ALIV-SDB 		47.6% Skr2.66 Billion
≈ $286.02 Million 		Skr1.39 Billion Sweden Mar 2026
28733 KPS Corporation
KQ:256940 		47.6% ₩89.95 Billion
≈ $60.96 Million 		₩47.14 Billion Korea Sep 2025
28734 Xinjiang Tianshan Cement Co Ltd
SHE:000877 		47.6% CN¥90.01 Billion
≈ $13.17 Billion 		CN¥47.17 Billion China Mar 2026
28735 Tsogo Sun
JSE:TSG 		47.6% ZAC5.56 Billion
≈ $2.95 Million 		ZAC2.91 Billion South Africa Sep 2025
28736 Unlimited Travel Group UTG AB (publ)
ST:UTG 		47.6% Skr38.81 Million
≈ $4.18 Million 		Skr20.34 Million Sweden Mar 2026
28737 TELSTRA GROUP LTD SP.ADR
F:5KB 		47.6% €16.32 Billion
≈ $19.08 Billion 		€8.56 Billion Germany Jun 2025
28738 Moberg Pharma AB (publ)
ST:MOB 		47.5% Skr665.22 Million
≈ $71.59 Million 		Skr348.96 Million Sweden Dec 2025
28739 Atmus Filtration Technologies Inc.
NYSE:ATMU 		47.4% $403.50 Million $212.10 Million USA Mar 2026
28740 Roche Holding AG
SW:RO 		47.4% CHF36.72 Billion
≈ $46.42 Billion 		CHF19.32 Billion Switzerland Jun 2026
28741 Concentra Group Holdings Parent, Inc.
NYSE:CON 		47.4% $453.97 Million $238.95 Million USA Mar 2026
28742 ARIZONA SONORAN COPPER
F:H6F 		47.4% €201.75 Million
≈ $235.87 Million 		€106.21 Million Germany Mar 2026
28743 Autoliv Inc.
F:LIV 		47.4% €2.64 Billion
≈ $3.09 Billion 		€1.39 Billion Germany Mar 2026
28744 PCBL LIMITED
NSE:PCBL 		47.3% Rs40.19 Billion
≈ $434.66 Million 		Rs21.16 Billion India Mar 2026
28745 Hansa Biopharma AB
ST:HNSA 		47.3% Skr182.18 Million
≈ $19.61 Million 		Skr95.94 Million Sweden Jun 2023
28746 Companhia Brasileira de Distribuição
SA:PCAR3 		47.3% R$2.12 Billion
≈ $416.77 Million 		R$1.12 Billion Brazil Dec 2025
28747 Bollinger Innovations, Inc.
NASDAQ:BINI 		47.3% $53.00 Million $27.94 Million USA Jun 2024
28748 Mullen Automotive Inc.
NASDAQ:MULN 		47.3% $53.00 Million $27.94 Million USA Jun 2024
28749 AOTI Inc
LSE:AOTI 		47.3% GBX17.74 Million
≈ $2.16K 		GBX9.36 Million UK Jun 2025
28750 Serstech AB
ST:SERT 		47.3% Skr57.80 Million
≈ $6.22 Million 		Skr30.48 Million Sweden Sep 2025
28751 IPSEN SA SP.ADR 1/4/ EO 1
F:I7G0 		47.2% €4.34 Billion
≈ $5.07 Billion 		€2.29 Billion Germany Dec 2025
28752 MOBILUM TECHNOLOGIES INC.
F:C0B 		47.2% Annual €10.19 Million
≈ $11.92 Million 		€5.38 Million Germany Feb 2022
28753 Shutterstock
NYSE:SSTK 		47.2% $363.66 Million $192.07 Million USA Jun 2026
28754 nVent Electric PLC
NYSE:NVT 		47.2% $3.63 Billion $1.92 Billion USA Sep 2025
28755 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
28756 GiG Software PLC
ST:GIG-SDB 		47.1% Skr56.35 Million
≈ $6.06 Million 		Skr29.79 Million Sweden Dec 2025
28757 eMedia Holdings Limited
JSE:EMN 		47.1% ZAC4.39 Billion
≈ $2.33 Million 		ZAC2.32 Billion South Africa Sep 2025
28758 E Media Holdings Ltd
JSE:EMH 		47.1% ZAC4.39 Billion
≈ $2.33 Million 		ZAC2.32 Billion South Africa Sep 2025
28759 iomart Group plc
LSE:IOM 		47.1% GBX54.21 Million
≈ $6.60K 		GBX28.70 Million UK Mar 2026
28760 Softtech Engineers Limited
NSE:SOFTTECH 		47.1% Rs1.70 Billion
≈ $18.43 Million 		Rs902.17 Million India Mar 2026
28761 Radaan Mediaworks India Limited
NSE:RADAAN 		47.0% Rs15.99 Million
≈ $172.95K 		Rs8.47 Million India Mar 2020
28762 Luminar Technologies
NASDAQ:LAZR 		47.0% $42.96 Million $22.77 Million USA Sep 2022
28763 Luminar Technologies Inc. Class A
NASDAQ:LAZRQ 		47.0% $42.96 Million $22.77 Million USA Sep 2022
28764 Ranpak Holdings Corp
NYSE:PACK 		47.0% $519.90 Million $275.60 Million USA Jun 2026
28765 Nufarm Ltd
AU:NUF 		46.9% AU$2.06 Billion
≈ $1.46 Billion 		AU$1.09 Billion Australia Jan 2026
28766 RanLOS AB Series B
ST:RLOS-B 		46.9% Skr16.51 Million
≈ $1.78 Million 		Skr8.76 Million Sweden Dec 2025
28767 MPAC Group PLC
LSE:MPAC 		46.9% GBX75.30 Million
≈ $9.16K 		GBX40.00 Million UK Dec 2025
28768 AB Electrolux (publ)
ST:ELUX-A 		46.9% Skr8.71 Billion
≈ $936.90 Million 		Skr4.62 Billion Sweden Dec 2025
28769 HNI Corp
NYSE:HNI 		46.9% $1.81 Billion $959.40 Million USA Jun 2026
28770 Boreo Oyj
HE:BOREO 		46.8% €22.20 Million
≈ $25.95 Million 		€11.80 Million Finland Mar 2026
28771 ZH.JIN.ENV.HLDG DL-00001
F:3UG 		46.8% €8.21 Billion
≈ $9.60 Billion 		€4.36 Billion Germany Dec 2025
28772 Heritage Distilling Holding Company, Inc. Common Stock
NASDAQ:CASK 		46.8% $791.77K $421.15K USA Dec 2024
28773 Reece Ltd
AU:REH 		46.8% AU$3.66 Billion
≈ $2.59 Billion 		AU$1.95 Billion Australia Dec 2025
28774 Nasdaq Inc
NASDAQ:NDAQ 		46.8% $12.23 Billion $6.51 Billion USA Dec 2025
28775 Thor Energy Plc
AU:THR 		46.7% AU$8.11 Million
≈ $5.74 Million 		AU$4.32 Million Australia Dec 2025
28776 The Clorox Company
NYSE:CLX 		46.7% $92.00 Million $49.00 Million USA Mar 2026
28777 NEXI SPA (UNSP.ADR)/1
F:N0X0 		46.7% €7.08 Billion
≈ $8.28 Billion 		€3.77 Billion Germany Dec 2025
28778 Shenzhen Clou Electronics Co Ltd
SHE:002121 		46.7% CN¥781.65 Million
≈ $114.38 Million 		CN¥416.70 Million China Sep 2025
28779 Gansu Yasheng Industrial Group Co Ltd
SHG:600108 		46.7% CN¥4.31 Billion
≈ $631.07 Million 		CN¥2.30 Billion China Sep 2025
28780 N.W.F Group
LSE:NWF 		46.7% GBX88.90 Million
≈ $10.82K 		GBX47.40 Million UK Nov 2025
28781 Sporting Clube de Braga - Futebol SAD
LS:SCB 		46.7% Annual €80.01 Million
≈ $93.53 Million 		€42.66 Million Portugal Jun 2024
28782 Asbury Automotive Group Inc
NYSE:ABG 		46.7% $3.93 Billion $2.10 Billion USA Mar 2026
28783 Zurn Elkay Water Solutions Corporation
NYSE:ZWS 		46.6% $1.59 Billion $849.10 Million USA Sep 2025
28784 Ipsen SA
PA:IPN 		46.6% €4.23 Billion
≈ $4.95 Billion 		€2.26 Billion France Jun 2025
28785 Cipher Pharmaceuticals Inc
TO:CPH 		46.6% CA$132.84 Million
≈ $96.09 Million 		CA$70.90 Million Canada Mar 2026
28786 Quorum Information Technologies Inc
V:QIS 		46.6% CA$30.32 Million
≈ $21.93 Million 		CA$16.19 Million Canada Sep 2025
28787 IT Tech Packaging Inc
NYSE MKT:ITP 		46.6% $152.05 Million $81.24 Million USA Sep 2025
28788 NIP Group Inc. American Depositary Shares
NASDAQ:NIPG 		46.6% $239.46 Million $127.98 Million USA Mar 2025
28789 Eli Lilly and Company
NYSE:LLY 		46.5% $33.88 Billion $18.11 Billion USA Jun 2026
28790 Pool Safe Inc
V:POOL 		46.5% CA$422.67K
≈ $305.75K 		CA$226.00K Canada Sep 2018
28791 SAF Holland SA
XETRA:SFQ 		46.5% €516.18 Million
≈ $603.47 Million 		€276.18 Million Germany Mar 2026
28792 Digi International Inc
NASDAQ:DGII 		46.5% $685.15 Million $366.58 Million USA Jun 2026
28793 Taiwan Optical Platform Co Ltd
TW:6464 		46.5% NT$8.54 Billion
≈ $268.99 Million 		NT$4.57 Billion Taiwan Sep 2025
28794 Avantor Inc
NYSE:AVTR 		46.5% $5.63 Billion $3.01 Billion USA Jun 2026
28795 Volt Carbon Technologies Inc
V:VCT 		46.5% CA$2.68 Million
≈ $1.94 Million 		CA$1.44 Million Canada Jan 2026
28796 Media Capital
LS:MCP 		46.4% €99.92 Million
≈ $116.81 Million 		€53.56 Million Portugal Dec 2025
28797 Questor Technology Inc.
V:QST 		46.4% CA$19.72 Million
≈ $14.26 Million 		CA$10.58 Million Canada Dec 2025
28798 Rizhao Port Co Ltd
SHG:600017 		46.3% CN¥16.25 Billion
≈ $2.38 Billion 		CN¥8.72 Billion China Mar 2026
28799 Shirpur Gold Refinery Limited
NSE:SHIRPUR-G 		46.3% Rs951.11 Million
≈ $10.29 Million 		Rs510.77 Million India Sep 2020
28800 Hanon Systems
KO:018880 		46.3% ₩4.12 Trillion
≈ $2.79 Billion 		₩2.21 Trillion Korea Mar 2026