Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
24.9%
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.
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 |
|---|---|---|---|---|---|---|
| 29301 |
LungLife AI Inc
LSE:LLAI |
26.7% |
GBX7.93 Million
≈ $965.22 |
GBX5.82 Million | UK | Jun 2024 |
| 29302 |
Scout24 AG
XETRA:G24 |
26.7% |
€1.33 Billion
≈ $1.55 Billion |
€972.13 Million | Germany | Jun 2025 |
| 29303 |
Telecom Plus PLC
LSE:TEP |
26.6% |
GBX231.56 Million
≈ $28.17K |
GBX169.97 Million | UK | Sep 2025 |
| 29304 |
MKS Instruments Inc
NASDAQ:MKSI |
26.5% | $2.81 Billion | $2.06 Billion | USA | Mar 2026 |
| 29305 |
B90 HOLDINGS PLC
F:24GN |
26.5% |
€6.64 Million
≈ $7.77 Million |
€4.88 Million | Germany | Jun 2025 |
| 29306 |
Izertis Sa
MC:IZER |
26.5% |
€94.20 Million
≈ $110.13 Million |
€69.26 Million | Spain | Dec 2025 |
| 29307 |
Fitzroy River Corporation Ltd
AU:FZR |
26.4% |
AU$2.84 Million
≈ $2.01 Million |
AU$2.09 Million | Australia | Jun 2025 |
| 29308 |
Oncozenge AB
ST:ONCOZ |
26.4% |
Skr9.30 Million
≈ $1.00 Million |
Skr6.85 Million | Sweden | Sep 2025 |
| 29309 |
Team Internet Group PLC
LSE:TIG |
26.4% |
GBX91.40 Million
≈ $11.12K |
GBX67.30 Million | UK | Jun 2025 |
| 29310 |
Tecan Group AG
SW:TECN |
26.4% |
CHF1.28 Billion
≈ $1.62 Billion |
CHF944.04 Million | Switzerland | Jun 2025 |
| 29311 |
Cloudcoco Group PLC
LSE:CLCO |
26.3% |
GBX688.00K
≈ $83.71 |
GBX507.00K | UK | Mar 2025 |
| 29312 |
Chemtrade Logistics Income Fund
TO:CHE-UN |
26.3% |
CA$754.65 Million
≈ $545.90 Million |
CA$556.12 Million | Canada | Sep 2025 |
| 29313 |
Stille AB
ST:STIL |
26.2% |
Skr692.75 Million
≈ $74.55 Million |
Skr510.96 Million | Sweden | Sep 2025 |
| 29314 |
Renk Group AG
XETRA:R3NK |
26.2% |
€436.52 Million
≈ $510.34 Million |
€322.04 Million | Germany | Sep 2025 |
| 29315 |
Trakm8 Holdings PLC
LSE:TRAK |
26.2% |
GBX18.09 Million
≈ $2.20K |
GBX13.35 Million | UK | Sep 2024 |
| 29316 |
Ads Tec Energy PLC
NASDAQ:ADSE |
26.2% | $33.92 Million | $25.04 Million | USA | Mar 2024 |
| 29317 |
EML Payments Ltd
AU:EML |
26.1% |
AU$147.70 Million
≈ $104.50 Million |
AU$109.11 Million | Australia | Dec 2025 |
| 29318 |
Hitit Bilgisayar Hizmetleri AS
IS:HTTBT |
26.0% |
TL2.78 Billion
≈ $62.20 Million |
TL2.06 Billion | Turkey | Sep 2025 |
| 29319 |
Kanabo Group PLC
LSE:KNB |
25.9% |
GBX5.91 Million
≈ $718.95 |
GBX4.38 Million | UK | Jun 2024 |
| 29320 |
VivoPower International PLC
NASDAQ:VVPR |
25.9% | $20.10 Million | $14.91 Million | USA | Sep 2025 |
| 29321 |
Orkla ASA
OL:ORK |
25.8% |
Nkr48.66 Billion
≈ $5.12 Billion |
Nkr36.10 Billion | Norway | Dec 2025 |
| 29322 |
Telechips Inc
KQ:054450 |
25.8% |
₩190.18 Billion
≈ $128.88 Million |
₩141.20 Billion | Korea | Sep 2025 |
| 29323 |
Panoro Energy ASA
F:1PZ |
25.7% |
€223.07 Million
≈ $260.79 Million |
€165.63 Million | Germany | Dec 2025 |
| 29324 |
ASTELLAS PHARMA UNSP.ADR
F:YPHA |
25.7% |
€1.51 Trillion
≈ $1.77 Trillion |
€1.12 Trillion | Germany | Mar 2025 |
| 29325 |
Moleculin Biotech Inc
NASDAQ:MBRX |
25.7% | $15.01 Million | $11.15 Million | USA | Dec 2025 |
| 29326 |
Oxford BioMedica PLC
LSE:OXB |
25.7% |
GBX32.73 Million
≈ $3.98K |
GBX24.32 Million | UK | Jun 2025 |
| 29327 |
HWA AG
F:H9W |
25.7% |
€10.84 Million
≈ $12.67 Million |
€8.06 Million | Germany | Dec 2024 |
| 29328 |
Clontarf Energy Plc
LSE:CLON |
25.7% |
GBX584.00K
≈ $71.06 |
GBX434.00K | UK | Jun 2025 |
| 29329 |
Topps Tiles PLC
LSE:TPT |
25.7% |
GBX7.73 Million
≈ $940.15 |
GBX5.74 Million | UK | Sep 2025 |
| 29330 |
Lifetime Brands Inc
NASDAQ:LCUT |
25.7% | $184.65 Million | $137.27 Million | USA | Sep 2025 |
| 29331 |
Centuria Capital Group
AU:CNI |
25.6% |
AU$1.50 Billion
≈ $1.06 Billion |
AU$1.11 Billion | Australia | Dec 2025 |
| 29332 |
Soluciones Cuatroochenta S.L.
MC:480S |
25.5% |
€12.80 Million
≈ $14.97 Million |
€9.53 Million | Spain | Jun 2025 |
| 29333 |
Fras-le S.A
SA:FRAS3 |
25.5% |
R$2.43 Billion
≈ $477.13 Million |
R$1.81 Billion | Brazil | Sep 2025 |
| 29334 |
Diebold Nixdorf, Incorporated
NYSE:DBD |
25.5% | $1.03 Billion | $764.60 Million | USA | Mar 2026 |
| 29335 |
Liberty Tripadvisor Holdings Inc
NASDAQ:LTRPB |
25.4% | $668.00 Million | $498.00 Million | USA | Dec 2024 |
| 29336 |
Liberty TripAdvisor Holdings, Inc
NASDAQ:LTRPA |
25.4% | $668.00 Million | $498.00 Million | USA | Dec 2024 |
| 29337 |
Global Blue Group Holding Ltd
NYSE:GB |
25.4% | $144.18 Million | $107.61 Million | USA | Mar 2025 |
| 29338 |
Fobi AI Inc
V:FOBI |
25.2% |
CA$2.61 Million
≈ $1.89 Million |
CA$1.95 Million | Canada | Mar 2024 |
| 29339 |
KidariStudio Inc
KO:020120 |
25.2% |
₩203.89 Billion
≈ $138.18 Million |
₩152.51 Billion | Korea | Sep 2025 |
| 29340 |
Venzee Technologies Inc
V:VENZ |
25.2% |
CA$7.29 Million
≈ $5.27 Million |
CA$5.45 Million | Canada | Dec 2025 |
| 29341 |
Tubos Reunidos S.A
MC:TRG |
25.2% |
€4.58 Million
≈ $5.36 Million |
€3.43 Million | Spain | Jun 2025 |
| 29342 |
Key ASIC Bhd
KLSE:0143 |
25.1% |
RM15.27 Million
≈ $3.83 Million |
RM11.43 Million | Malaysia | Nov 2025 |
| 29343 |
BICO Group AB
ST:BICO |
25.1% |
Skr1.81 Billion
≈ $194.97 Million |
Skr1.36 Billion | Sweden | Aug 2025 |
| 29344 |
Brand 24 SA
WAR:B24 |
25.0% |
zł13.78 Million
≈ $3.79 Million |
zł10.33 Million | Poland | Sep 2025 |
| 29345 |
Elders Ltd
AU:ELD |
25.0% |
AU$1.25 Billion
≈ $881.11 Million |
AU$933.92 Million | Australia | Mar 2026 |
| 29346 |
Magic Software Enterprises Ltd
TA:MGIC |
25.0% |
ILA300.83 Million
≈ $806.51K |
ILA225.70 Million | Israel | Sep 2025 |
| 29347 |
Karnov Group AB
ST:KAR |
25.0% |
Skr2.67 Billion
≈ $287.46 Million |
Skr2.00 Billion | Sweden | Mar 2026 |
| 29348 |
Mendus AB (publ)
ST:IMMU |
25.0% |
Skr565.14 Million
≈ $60.82 Million |
Skr424.09 Million | Sweden | Mar 2026 |
| 29349 |
Gilead Sciences Inc
NASDAQ:GILD |
24.9% | $22.62 Billion | $16.98 Billion | USA | Dec 2025 |
| 29350 |
Navamedic ASA
OL:NAVA |
24.9% |
Nkr334.08 Million
≈ $35.15 Million |
Nkr250.89 Million | Norway | Dec 2025 |
| 29351 |
General Mills Inc
NYSE:GIS |
24.9% | $9.36 Billion | $7.03 Billion | USA | Feb 2026 |
| 29352 |
Alpine 4 Holdings Inc
NASDAQ:ALPP |
24.8% | $20.59 Million | $15.48 Million | USA | Mar 2024 |
| 29353 |
CXApp Inc.
NASDAQ:CXAI |
24.8% | $15.95 Million | $11.99 Million | USA | Mar 2026 |
| 29354 |
Retail Food Group Ltd
AU:RFG |
24.8% |
AU$196.93 Million
≈ $139.34 Million |
AU$148.12 Million | Australia | Dec 2025 |
| 29355 |
Alnylam Pharmaceuticals Inc
NASDAQ:ALNY |
24.8% | $789.18 Million | $593.73 Million | USA | Dec 2025 |
| 29356 |
Yaxing Chem
SHG:600319 |
24.7% |
CN¥341.62 Million
≈ $49.99 Million |
CN¥257.16 Million | China | Mar 2026 |
| 29357 |
Biosynex
PA:ALBIO |
24.6% |
€44.31 Million
≈ $51.80 Million |
€33.40 Million | France | Jun 2025 |
| 29358 |
Centrepoint Alliance Ltd
AU:CAF |
24.6% |
AU$34.68 Million
≈ $24.54 Million |
AU$26.14 Million | Australia | Dec 2025 |
| 29359 |
Deveron UAS Corp
V:FARM |
24.5% |
CA$29.15 Million
≈ $21.09 Million |
CA$22.01 Million | Canada | Mar 2024 |
| 29360 |
Embraer S.A.
NYSE:EMBJ |
24.5% | $3.66 Billion | $2.77 Billion | USA | Mar 2026 |
| 29361 |
Beijing SPC Environment Protection Tech Co Ltd
SHE:002573 |
24.5% |
CN¥7.41 Billion
≈ $1.08 Billion |
CN¥5.60 Billion | China | Sep 2025 |
| 29362 |
Flowers Foods Inc
NYSE:FLO |
24.5% | $1.30 Billion | $984.66 Million | USA | Dec 2025 |
| 29363 |
Start Group
SHG:600734 |
24.4% |
CN¥237.91 Million
≈ $34.81 Million |
CN¥179.75 Million | China | Mar 2026 |
| 29364 |
Matriks Bilgi Dagitim Hizmetleri AS
IS:MTRKS |
24.4% |
TL824.54 Million
≈ $18.47 Million |
TL623.12 Million | Turkey | Sep 2025 |
| 29365 |
Mesoblast Ltd
AU:MSB |
24.4% |
AU$574.68 Million
≈ $406.63 Million |
AU$434.35 Million | Australia | Dec 2025 |
| 29366 |
Mesoblast Ltd
NASDAQ:MESO |
24.4% | $574.68 Million | $434.35 Million | USA | Dec 2025 |
| 29367 |
Mesoblast Limited
F:LWB |
24.4% |
€574.68 Million
≈ $671.87 Million |
€434.35 Million | Germany | Dec 2025 |
| 29368 |
Europris ASA
OL:EPR |
24.4% |
Nkr4.32 Billion
≈ $454.27 Million |
Nkr3.26 Billion | Norway | Dec 2025 |
| 29369 |
Guizhou Zhongyida Co Ltd
SHG:900906 |
24.4% | $107.28 Million | $81.13 Million | China | Jun 2025 |
| 29370 |
Mondelez International Inc
NASDAQ:MDLZ |
24.3% | $25.80 Billion | $19.53 Billion | USA | Mar 2026 |
| 29371 |
Venus Concept Inc
NASDAQ:VERO |
24.2% | $3.13 Million | $2.38 Million | USA | Sep 2025 |
| 29372 |
Coherus BioSciences Inc
NASDAQ:CHRS |
24.2% | $61.01 Million | $46.24 Million | USA | Dec 2025 |
| 29373 |
Shenzhen Expressway Co Ltd
SHG:600548 |
24.2% |
CN¥32.55 Billion
≈ $4.76 Billion |
CN¥24.68 Billion | China | Mar 2026 |
| 29374 |
Shenzhen Expressway Company Limited
F:SHZH |
24.2% |
€32.55 Billion
≈ $38.05 Billion |
€24.68 Billion | Germany | Mar 2026 |
| 29375 |
DLH Holdings Corp
NASDAQ:DLHC |
24.2% | $110.27 Million | $83.64 Million | USA | Mar 2026 |
| 29376 |
Chart Industries Inc
NYSE:GTLS |
24.1% | $3.37 Billion | $2.56 Billion | USA | Sep 2025 |
| 29377 |
Zabka Group S.A.
WAR:ZAB |
24.1% |
zł1.54 Billion
≈ $423.99 Million |
zł1.17 Billion | Poland | Jun 2025 |
| 29378 |
MSCI Inc
NYSE:MSCI |
24.0% | $378.44 Million | $287.44 Million | USA | Sep 2018 |
| 29379 |
Compumedics Ltd
AU:CMP |
24.0% |
AU$21.82 Million
≈ $15.44 Million |
AU$16.59 Million | Australia | Jun 2025 |
| 29380 |
MEDAPP S.A. ZY -10
F:WQ1 |
23.9% |
€26.82 Million
≈ $31.35 Million |
€20.39 Million | Germany | Dec 2025 |
| 29381 |
GIGLIO.COM S.P.A. O.N.
F:5JR0 |
23.9% |
€7.84 Million
≈ $9.17 Million |
€5.97 Million | Germany | Dec 2024 |
| 29382 |
Purple Biotech
NASDAQ:PPBT |
23.8% | $9.66 Million | $7.36 Million | USA | Dec 2025 |
| 29383 |
IQVIA Holdings Inc
NYSE:IQV |
23.7% | $6.50 Billion | $4.96 Billion | USA | Dec 2025 |
| 29384 |
Vitec Software Group AB (publ)
ST:VIT-B |
23.7% |
Skr5.05 Billion
≈ $543.08 Million |
Skr3.85 Billion | Sweden | Mar 2026 |
| 29385 |
Oracle Coalfields Plc
LSE:ORCP |
23.7% |
GBX6.68 Million
≈ $812.34 |
GBX5.10 Million | UK | Jun 2025 |
| 29386 |
Ortel Communications Limited
NSE:ORTEL |
23.6% |
Rs206.47 Million
≈ $2.23 Million |
Rs157.65 Million | India | Mar 2018 |
| 29387 |
Ordinary Fully Paid Deferred Settlement
AU:1TTDB |
23.6% |
AU$2.13 Million
≈ $1.51 Million |
AU$1.63 Million | Australia | Dec 2024 |
| 29388 |
Essensys PLC
LSE:ESYS |
23.6% |
GBX9.30 Million
≈ $1.13K |
GBX7.11 Million | UK | Jan 2026 |
| 29389 |
News Network Corporation Public Company Limited
BK:NEWS |
23.5% |
฿979.75 Million
≈ $30.54 Million |
฿749.07 Million | Thailand | Sep 2025 |
| 29390 |
Rosebank Industries PLC
LSE:ROSE |
23.5% |
GBX1.57 Billion
≈ $191.02K |
GBX1.20 Billion | UK | Dec 2025 |
| 29391 |
Cinemark Holdings Inc
NYSE:CNK |
23.4% | $392.40 Million | $300.40 Million | USA | Sep 2025 |
| 29392 |
Dillistone Group PLC
LSE:DSG |
23.4% |
GBX3.29 Million
≈ $400.05 |
GBX2.52 Million | UK | Jun 2025 |
| 29393 |
Alm. Brand
CO:ALMB |
23.3% |
Dkr11.97 Billion
≈ $1.87 Billion |
Dkr9.18 Billion | Denmark | Dec 2025 |
| 29394 |
MY EG Services Bhd
KLSE:0138 |
23.3% |
RM3.74 Billion
≈ $939.08 Million |
RM2.87 Billion | Malaysia | Dec 2025 |
| 29395 |
Idp Education Ltd
AU:IEL |
23.3% |
AU$451.19 Million
≈ $319.25 Million |
AU$346.27 Million | Australia | Dec 2025 |
| 29396 |
Penn National Gaming Inc
NASDAQ:PENN |
23.2% | $1.82 Billion | $1.40 Billion | USA | Mar 2026 |
| 29397 |
Mlk Foods Public Company Ltd
WAR:MLK |
23.2% |
zł2.10 Million
≈ $578.23K |
zł1.61 Million | Poland | Sep 2018 |
| 29398 |
Guangdong Shunkong Development Co Ltd
SHE:003039 |
23.2% |
CN¥3.78 Billion
≈ $553.04 Million |
CN¥2.90 Billion | China | Sep 2025 |
| 29399 |
Sildarvinnslan Hf.
IC:SVN |
23.2% |
Ikr686.88 Million
≈ $5.60 Million |
Ikr527.85 Million | Iceland | Jun 2025 |
| 29400 |
Donegal Group B Inc
NASDAQ:DGICB |
23.1% | $1.25 Billion | $958.01 Million | USA | Mar 2026 |