Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
45.2%
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.
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 |
|---|---|---|---|---|---|---|
| 28801 |
Bjorn Borg AB
ST:BORG |
46.3% |
Skr361.02 Million
≈ $38.85 Million |
Skr193.90 Million | Sweden | Dec 2025 |
| 28802 |
Hemnet Group AB
ST:HEM |
46.2% |
Skr1.13 Billion
≈ $121.52 Million |
Skr607.00 Million | Sweden | Sep 2025 |
| 28803 |
Core AI Holdings
NASDAQ:CHAI |
46.2% | $16.83 Million | $9.05 Million | USA | Dec 2025 |
| 28804 |
Siyata Mobile Inc
NASDAQ:SYTA |
46.2% | $16.83 Million | $9.05 Million | USA | Jun 2025 |
| 28805 |
Netmarble Games Corp
KO:251270 |
46.2% |
₩5.46 Trillion
≈ $3.70 Billion |
₩2.94 Trillion | Korea | Sep 2025 |
| 28806 |
AtriCure Inc
NASDAQ:ATRC |
46.2% | $516.43 Million | $278.04 Million | USA | Jun 2026 |
| 28807 |
SKYX Platforms Corp
NASDAQ:SKYX |
46.1% | $7.89 Million | $4.25 Million | USA | Jun 2026 |
| 28808 |
Lottery.com, Inc. Common Stock
NASDAQ:LTRY |
46.0% | $22.54 Million | $12.18 Million | USA | Mar 2025 |
| 28809 |
Dagang Nexchange Bhd
KLSE:4456 |
46.0% |
RM1.72 Billion
≈ $430.71 Million |
RM926.99 Million | Malaysia | Mar 2026 |
| 28810 |
One Software Technologies Ltd
TA:ONE |
46.0% |
ILA1.06 Billion
≈ $2.83 Million |
ILA571.17 Million | Israel | Mar 2026 |
| 28811 |
Computer Direct
TA:CMDR |
46.0% |
ILA1.06 Billion
≈ $2.83 Million |
ILA571.17 Million | Israel | Mar 2026 |
| 28812 |
Advicenne
PA:ALDVI |
46.0% |
€309.00K
≈ $361.25K |
€167.00K | France | Dec 2021 |
| 28813 |
Altus Group Limited
TO:AIF |
45.9% |
CA$326.56 Million
≈ $236.23 Million |
CA$176.58 Million | Canada | Jun 2026 |
| 28814 |
BRAXIA SCIENTIFIC CORP.
F:4960 |
45.9% Annual |
€1.60 Million
≈ $1.88 Million |
€868.06K | Germany | Mar 2023 |
| 28815 |
Koninklijke KPN NV
AS:KPN |
45.9% |
€2.57 Billion
≈ $3.01 Billion |
€1.39 Billion | Netherlands | Dec 2025 |
| 28816 |
Mount Logan Capital Inc
NEO:MLC |
45.8% |
CA$45.81 Million
≈ $33.14 Million |
CA$24.81 Million | Canada | Jun 2025 |
| 28817 |
Greenwave Technology Solutions Inc. Common Stock
NASDAQ:GWAV |
45.8% | $24.43 Million | $13.24 Million | USA | Jun 2026 |
| 28818 |
Sterling Metals Corp
V:SAG |
45.8% |
CA$24.89 Million
≈ $18.00 Million |
CA$13.48 Million | Canada | Mar 2026 |
| 28819 |
Dongguan Chitwing Technology Co Ltd
SHE:002855 |
45.8% |
CN¥171.80 Million
≈ $25.14 Million |
CN¥93.13 Million | China | Mar 2026 |
| 28820 |
Wonik QnC Corporation
KQ:074600 |
45.8% |
₩593.08 Billion
≈ $401.92 Million |
₩321.54 Billion | Korea | Mar 2026 |
| 28821 |
Financière Amuse TopCo SAS
ST:ASMDEE-B |
45.8% |
Skr1.95 Billion
≈ $209.32 Million |
Skr1.05 Billion | Sweden | Jun 2026 |
| 28822 |
TUT Fitness Group Inc
V:GYM |
45.7% |
CA$1.18 Million
≈ $856.94K |
CA$642.67K | Canada | Jun 2023 |
| 28823 |
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 |
| 28824 |
Kwesst Micro Systems Inc
V:KWE |
45.7% |
CA$4.58 Million
≈ $3.32 Million |
CA$2.49 Million | Canada | Jun 2025 |
| 28825 |
Victor Group Holdings Ltd
AU:VIG |
45.7% |
AU$10.96 Million
≈ $7.76 Million |
AU$5.95 Million | Australia | Jun 2025 |
| 28826 |
Sheela Foam Limited
NSE:SFL |
45.7% |
Rs32.60 Billion
≈ $352.58 Million |
Rs17.72 Billion | India | Mar 2026 |
| 28827 |
Crown Castle
NYSE:CCI |
45.7% | $5.30 Billion | $2.88 Billion | USA | Sep 2024 |
| 28828 |
Unitronics
TA:UNIT |
45.6% |
ILA80.56 Million
≈ $215.97K |
ILA43.79 Million | Israel | Sep 2025 |
| 28829 |
Man Group PLC
LSE:EMG |
45.6% |
GBX1.48 Billion
≈ $179.71K |
GBX803.00 Million | UK | Jun 2025 |
| 28830 |
Perion Network
TA:PERI |
45.6% |
ILA649.56 Million
≈ $1.74 Million |
ILA353.27 Million | Israel | Mar 2026 |
| 28831 |
Ladder Capital Corp Class A
NYSE:LADR |
45.6% | $1.43 Billion | $776.50 Million | USA | Jun 2026 |
| 28832 |
Group 107 Ltd
TA:G107 |
45.6% |
ILA4.49 Million
≈ $12.04K |
ILA2.44 Million | Israel | Dec 2025 |
| 28833 |
Just Eat Takeaway
AS:TKWY |
45.6% |
€4.21 Billion
≈ $4.92 Billion |
€2.29 Billion | Netherlands | Jun 2025 |
| 28834 |
CCC Intelligent Solutions Holdings Inc.
NASDAQ:CCC |
45.6% | $1.77 Billion | $964.90 Million | USA | Jun 2026 |
| 28835 |
SPIE SA
PA:SPIE |
45.5% |
€2.17 Billion
≈ $2.54 Billion |
€1.18 Billion | France | Dec 2025 |
| 28836 |
PowerFleet, Inc.
NASDAQ:AIOT |
45.5% | $485.18 Million | $264.28 Million | USA | Dec 2025 |
| 28837 |
Embracer Group AB (publ)
ST:EMBRAC-B |
45.5% |
Skr19.53 Billion
≈ $2.10 Billion |
Skr10.65 Billion | Sweden | Mar 2026 |
| 28838 |
Embracer Group AB Series B
LSE:0GFE |
45.5% |
Skr19.53 Billion
≈ $2.10 Billion |
Skr10.65 Billion | UK | Mar 2026 |
| 28839 |
BoomBit S.A
WAR:BBT |
45.4% |
zł78.38 Million
≈ $21.57 Million |
zł42.78 Million | Poland | Mar 2026 |
| 28840 |
Kambi Group PLC
ST:KAMBI |
45.4% |
Skr158.36 Million
≈ $17.04 Million |
Skr86.48 Million | Sweden | Jun 2026 |
| 28841 |
China Railway Group Limited
SHG:601390 |
45.4% |
CN¥546.55 Billion
≈ $79.98 Billion |
CN¥298.53 Billion | China | Mar 2026 |
| 28842 |
PVH Corp
NYSE:PVH |
45.4% | $4.89 Billion | $2.67 Billion | USA | May 2026 |
| 28843 |
Birkenstock Holding plc
NYSE:BIRK |
45.4% | $2.90 Billion | $1.58 Billion | USA | Mar 2026 |
| 28844 |
Csquare, Inc.
NYSE:CSQR |
45.4% Annual | $778.42 Million | $425.33 Million | USA | Dec 2024 |
| 28845 |
Sino Medical Sciences Technology In
SHG:688108 |
45.3% |
CN¥1.06 Billion
≈ $155.72 Million |
CN¥581.85 Million | China | Mar 2026 |
| 28846 |
Asia Brands Bhd
KLSE:7722 |
45.3% |
RM239.53 Million
≈ $60.14 Million |
RM131.00 Million | Malaysia | Mar 2025 |
| 28847 |
Datametrex AI Ltd
V:DM |
45.3% |
CA$9.05 Million
≈ $6.54 Million |
CA$4.95 Million | Canada | Dec 2025 |
| 28848 |
Acushnet Holdings Corp
NYSE:GOLF |
45.3% | $926.31 Billion | $506.89 Billion | USA | Jun 2026 |
| 28849 |
Acconeer AB
ST:ACCON |
45.3% |
Skr256.47 Million
≈ $27.60 Million |
Skr140.38 Million | Sweden | Dec 2025 |
| 28850 |
KB No4 SPAC
KQ:205500 |
45.2% |
₩30.10 Billion
≈ $20.40 Million |
₩16.49 Billion | Korea | Dec 2025 |
| 28851 |
indie Semiconductor Inc
NASDAQ:INDI |
45.2% | $322.16 Million | $176.55 Million | USA | Jun 2026 |
| 28852 |
Clariane SE
PA:CLARI |
45.1% |
€3.92 Billion
≈ $4.58 Billion |
€2.15 Billion | France | Jun 2026 |
| 28853 |
Three Stars NM
SHG:603578 |
45.1% |
CN¥1.33 Billion
≈ $195.08 Million |
CN¥731.70 Million | China | Mar 2026 |
| 28854 |
Nobia AB
ST:NOBI |
45.1% |
Skr947.00 Million
≈ $101.91 Million |
Skr520.00 Million | Sweden | Dec 2025 |
| 28855 |
Voltalia SA
PA:VLTSA |
45.1% |
€1.06 Billion
≈ $1.24 Billion |
€583.00 Million | France | Dec 2025 |
| 28856 |
Jiangsu Fasten Co Ltd
SHE:000890 |
45.0% |
CN¥61.95 Million
≈ $9.07 Million |
CN¥34.05 Million | China | Mar 2026 |
| 28857 |
Viridien
PA:VIRI |
45.0% |
€1.07 Billion
≈ $1.25 Billion |
€589.30 Million | France | Jun 2025 |
| 28858 |
Craneware Plc
LSE:CRW |
45.0% |
GBX337.56 Million
≈ $41.07K |
GBX185.73 Million | UK | Jun 2025 |
| 28859 |
Pfizer Inc
SA:PFIZ34 |
45.0% |
R$85.49 Billion
≈ $16.78 Billion |
R$47.05 Billion | Brazil | Jun 2026 |
| 28860 |
Pfizer Inc
NYSE:PFE |
45.0% | $85.49 Billion | $47.05 Billion | USA | Jun 2026 |
| 28861 |
Itissalat Al-Maghrib (IAM) S.A
F:MSPA |
45.0% |
€18.70 Billion
≈ $21.86 Billion |
€10.29 Billion | Germany | Jun 2025 |
| 28862 |
Bioton S.A.
WAR:BIO |
44.9% |
zł593.97 Million
≈ $163.47 Million |
zł327.06 Million | Poland | Dec 2025 |
| 28863 |
China Energy Engineering Corp Ltd
SHG:601868 |
44.9% |
CN¥201.95 Billion
≈ $29.55 Billion |
CN¥111.21 Billion | China | Dec 2025 |
| 28864 |
Sprott Inc.
TO:SII |
44.9% |
CA$503.40 Million
≈ $364.15 Million |
CA$277.25 Million | Canada | Dec 2025 |
| 28865 |
Topbuild Corp
NYSE:BLD |
44.9% | $2.40 Billion | $1.33 Billion | USA | Mar 2026 |
| 28866 |
Adtalem Global Education Inc
NYSE:ATGE |
44.9% | $1.38 Billion | $759.86 Million | USA | Dec 2025 |
| 28867 |
Andes Technology Corp
TW:6533 |
44.9% |
NT$4.56 Billion
≈ $143.56 Million |
NT$2.51 Billion | Taiwan | Sep 2025 |
| 28868 |
Experian PLC
LSE:EXPN |
44.9% |
GBX5.58 Billion
≈ $679.25K |
GBX3.08 Billion | UK | Mar 2026 |
| 28869 |
James Hardie Industries PLC ADR
NYSE:JHX |
44.9% | $6.40 Billion | $3.53 Billion | USA | Dec 2025 |
| 28870 |
James Hardie Industries plc
F:JHA |
44.9% |
€6.40 Billion
≈ $7.48 Billion |
€3.53 Billion | Germany | Dec 2025 |
| 28871 |
James Hardie Industries Plc
AU:JHX |
44.9% |
AU$6.40 Billion
≈ $4.53 Billion |
AU$3.53 Billion | Australia | Dec 2025 |
| 28872 |
Experian plc
F:J2B |
44.9% |
€5.44 Billion
≈ $6.36 Billion |
€3.00 Billion | Germany | Sep 2025 |
| 28873 |
EXPERIAN PLC ADR
F:J2BA |
44.9% |
€5.44 Billion
≈ $6.36 Billion |
€3.00 Billion | Germany | Sep 2025 |
| 28874 |
Xylo Technologies Ltd.
NASDAQ:XYLO |
44.8% | $17.59 Million | $9.70 Million | USA | Dec 2024 |
| 28875 |
RaySearch Laboratories AB (publ)
ST:RAY-B |
44.7% |
Skr1.04 Billion
≈ $112.22 Million |
Skr576.50 Million | Sweden | Mar 2026 |
| 28876 |
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 |
| 28877 |
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 |
| 28878 |
Datang Telecom Technology Co Ltd
SHG:600198 |
44.7% |
CN¥642.80 Million
≈ $94.06 Million |
CN¥355.73 Million | China | Sep 2025 |
| 28879 |
Informa PLC
LSE:INF |
44.7% |
GBX6.82 Billion
≈ $830.32K |
GBX3.78 Billion | UK | Jun 2026 |
| 28880 |
Orange S.A.
PA:ORA |
44.6% |
€35.15 Billion
≈ $41.09 Billion |
€19.45 Billion | France | Jun 2026 |
| 28881 |
INPOST S.A UNSP.ADR/1/2
F:6690 |
44.6% |
€3.18 Billion
≈ $3.72 Billion |
€1.76 Billion | Germany | Dec 2025 |
| 28882 |
Next.e.GO N.V.
NASDAQ:EGOXF |
44.6% | $93.93 Million | $52.06 Million | USA | Jun 2023 |
| 28883 |
AMA Group Ltd
AU:AMA |
44.6% |
AU$233.54 Million
≈ $165.25 Million |
AU$129.46 Million | Australia | Dec 2025 |
| 28884 |
TCM Group
CO:TCM |
44.6% |
Dkr643.30 Million
≈ $100.65 Million |
Dkr356.60 Million | Denmark | Mar 2026 |
| 28885 |
Reliance Global Group Inc
NASDAQ:RELIW |
44.6% | $6.74 Million | $3.74 Million | USA | Sep 2025 |
| 28886 |
Targa Resources Inc
NYSE:TRGP |
44.5% | $3.80 Billion | $2.11 Billion | USA | Jun 2026 |
| 28887 |
Genomtec S.A.
WAR:GMT |
44.5% |
zł7.02 Million
≈ $1.93 Million |
zł3.89 Million | Poland | Mar 2026 |
| 28888 |
ADTRAN Inc
NASDAQ:ADTN |
44.5% | $506.54 Million | $281.28 Million | USA | Mar 2026 |
| 28889 |
POB AG NA O.N.
XETRA:PO1 |
44.4% |
€386.58K
≈ $451.95K |
€215.01K | Germany | Dec 2024 |
| 28890 |
Performance One AG
F:PO1 |
44.4% |
€386.58K
≈ $451.95K |
€215.01K | Germany | Dec 2024 |
| 28891 |
Restore plc
LSE:RST |
44.4% |
GBX232.10 Million
≈ $28.24K |
GBX129.10 Million | UK | Jun 2025 |
| 28892 |
Exsitec Holding AB
ST:EXS |
44.4% |
Skr549.98 Million
≈ $59.19 Million |
Skr305.98 Million | Sweden | Jun 2026 |
| 28893 |
Health Catalyst Inc
NASDAQ:HCAT |
44.3% | $100.83 Million | $56.12 Million | USA | Jun 2026 |
| 28894 |
Embotelladora Andina S.A
F:AKOB |
44.3% |
€1.36 Trillion
≈ $1.59 Trillion |
€757.30 Billion | Germany | Jun 2026 |
| 28895 |
Embotelladora Andina S.A
NYSE:AKO-A |
44.3% | $1.36 Trillion | $757.30 Billion | USA | Jun 2026 |
| 28896 |
Quality & Reliability A.B.E.E
AT:QUAL |
44.3% |
€3.30 Million
≈ $3.85 Million |
€1.84 Million | Greece | Dec 2024 |
| 28897 |
Guizhou Zhongyida Co Ltd
SHG:900906 |
44.3% | $139.05 Million | $77.52 Million | China | Mar 2026 |
| 28898 |
Autoliv Inc
NYSE:ALV |
44.2% | $2.50 Billion | $1.39 Billion | USA | Jun 2026 |
| 28899 |
Insurance Australia Group Ltd
AU:IAG |
44.2% |
AU$7.81 Billion
≈ $5.53 Billion |
AU$4.36 Billion | Australia | Dec 2025 |
| 28900 |
HiteJinro Holdings Co Ltd
KO:000145 |
44.2% |
₩1.15 Trillion
≈ $776.15 Million |
₩638.93 Billion | Korea | Mar 2026 |