Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

21.3%
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
29401 BigBen Interactive
PA:BIG 		23.1% €338.93 Million
≈ $396.24 Million 		€260.52 Million France Mar 2025
29402 International Meal Company Alimentação S.A
SA:MEAL3 		23.0% R$901.64 Million
≈ $176.92 Million 		R$693.88 Million Brazil Sep 2025
29403 Companhia Paranaense de Energia - COPEL
NYSE:ELPC 		22.9% $24.44 Billion $18.84 Billion USA Mar 2026
29404 Companhia Paranaense de Energia - COPEL
SA:CPLE3 		22.9% R$24.75 Billion
≈ $4.86 Billion 		R$19.08 Billion Brazil Mar 2026
29405 Cheffelo AB
ST:CHEF 		22.9% Skr423.01 Million
≈ $45.52 Million 		Skr326.35 Million Sweden Sep 2025
29406 GREMI MEDIA S.A. ZY 4
F:4C8 		22.8% €80.54 Million
≈ $94.16 Million 		€62.16 Million Germany Dec 2025
29407 Petards Group plc
LSE:PEG 		22.8% GBX6.08 Million
≈ $740.25 		GBX4.70 Million UK Jun 2025
29408 Real Heart
ST:HEART 		22.8% Skr74.35 Million
≈ $8.00 Million 		Skr57.43 Million Sweden Jun 2025
29409 Cosan S.A
SA:CSAN3 		22.7% R$32.05 Billion
≈ $6.29 Billion 		R$24.78 Billion Brazil Sep 2025
29410 Hamak Gold Ltd
LSE:HAMA 		22.7% GBX1.03 Million
≈ $124.96 		GBX794.00K UK Jun 2025
29411 Shanxi Lanhua Sci-Tech Venture Co Ltd
SHG:600123 		22.7% CN¥15.42 Billion
≈ $2.26 Billion 		CN¥11.92 Billion China Sep 2025
29412 Shanghai Guijiu Co Ltd
SHG:600696 		22.7% CN¥213.43 Million
≈ $31.23 Million 		CN¥165.04 Million China Mar 2026
29413 Shenzhen Wenke Landscape Co Ltd
SHE:002775 		22.7% CN¥82.00 Million
≈ $12.00 Million 		CN¥63.41 Million China Mar 2026
29414 LS telcom AG
XETRA:LSX 		22.6% €14.77 Million
≈ $17.27 Million 		€11.43 Million Germany Sep 2025
29415 Streamwide
PA:ALSTW 		22.6% €27.23 Million
≈ $31.83 Million 		€21.08 Million France Jun 2025
29416 Fidelity National Financial Inc
NYSE:FNF 		22.5% $8.72 Billion $6.76 Billion USA Mar 2026
29417 Hanon Systems
KO:018880 		22.4% ₩3.06 Trillion
≈ $2.07 Billion 		₩2.37 Trillion Korea Sep 2025
29418 Fleetpartners Group Ltd
AU:FPR 		22.3% AU$653.75 Million
≈ $462.57 Million 		AU$507.80 Million Australia Mar 2026
29419 AstraZeneca PLC
MX:AZNN 		22.3% MX$48.72 Billion
≈ $2.80 Billion 		MX$37.85 Billion Mexico Dec 2025
29420 Adslot Ltd
AU:ADS 		22.3% AU$3.52 Million
≈ $2.49 Million 		AU$2.74 Million Australia Dec 2023
29421 China Yurun Food Group Limited
F:C7Y 		22.3% €2.29 Billion
≈ $2.68 Billion 		€1.78 Billion Germany Jun 2019
29422 Upsellon Brands Holdings Ltd
TA:UPSL 		22.3% ILA3.18 Million
≈ $8.51K 		ILA2.47 Million Israel Dec 2025
29423 Bike24 Holding AG
F:BIKE 		22.3% €122.37 Million
≈ $143.07 Million 		€95.14 Million Germany Sep 2025
29424 Visa Inc. Class A
NYSE:V 		22.2% $35.66 Billion $27.75 Billion USA Mar 2026
29425 Sendas Distribuidora S.A.
SA:ASAI3 		22.2% R$5.89 Billion
≈ $1.16 Billion 		R$4.58 Billion Brazil Mar 2026
29426 AstraZeneca PLC
LSE:AZN 		22.1% GBX47.38 Billion
≈ $5.77 Million 		GBX36.91 Billion UK Mar 2026
29427 AstraZeneca PLC
NYSE:AZN 		22.1% $47.38 Billion $36.91 Billion USA Mar 2026
29428 AstraZeneca PLC
NASDAQ:AZN 		22.1% $47.38 Billion $36.91 Billion USA Mar 2026
29429 Carlsberg A/S
CO:CARL-B 		22.1% Dkr30.68 Billion
≈ $4.80 Billion 		Dkr23.91 Billion Denmark Dec 2025
29430 CARLSBERG B DK20 ADR 1/5
F:CBGC 		22.1% €30.68 Billion
≈ $35.86 Billion 		€23.91 Billion Germany Dec 2025
29431 Carlsberg A/S
CO:CARL-A 		22.1% Dkr30.68 Billion
≈ $4.80 Billion 		Dkr23.91 Billion Denmark Dec 2025
29432 Funko Inc
NASDAQ:FNKO 		22.0% $169.14 Million $131.87 Million USA Mar 2026
29433 High Peak Royalties Ltd
AU:HPR 		22.0% AU$10.38 Million
≈ $7.34 Million 		AU$8.09 Million Australia Dec 2025
29434 Associate Global Partners Ltd
AU:APL 		22.0% AU$7.75 Million
≈ $5.48 Million 		AU$6.04 Million Australia Dec 2025
29435 SynAct Pharma AB
ST:SYNACT 		22.0% Skr193.75 Million
≈ $20.85 Million 		Skr151.14 Million Sweden Mar 2026
29436 Checkin.com Group AB
ST:CHECK 		22.0% Skr64.96 Million
≈ $6.99 Million 		Skr50.68 Million Sweden Dec 2025
29437 Versus Systems Inc
NASDAQ:VS 		22.0% $1.20 Million $936.00K USA Mar 2026
29438 Kofola CeskoSlovensko as
PR:KOFOL 		22.0% Kč2.12 Billion
≈ $101.73 Million 		Kč1.65 Billion Czech Republic Jun 2025
29439 CHUNGDAHM Learning Inc
KQ:096240 		21.9% ₩50.31 Billion
≈ $34.09 Million 		₩39.27 Billion Korea Sep 2025
29440 Dassault Systemes SE
PA:DSY 		21.9% €8.80 Billion
≈ $10.29 Billion 		€6.87 Billion France Dec 2025
29441 Episurf Medical AB (publ)
ST:EPIS-B 		21.9% Skr47.50 Million
≈ $5.11 Million 		Skr37.10 Million Sweden Dec 2025
29442 Prostatype Genomics AB
ST:PROGEN 		21.8% Skr36.48 Million
≈ $3.93 Million 		Skr28.52 Million Sweden Jun 2025
29443 Check Point Software Technologies Ltd
NASDAQ:CHKP 		21.7% $2.81 Billion $2.20 Billion USA Mar 2026
29444 Candles Scandinavia AB Series B
ST:CANDLE-B 		21.7% Skr150.50 Million
≈ $16.20 Million 		Skr117.91 Million Sweden Oct 2025
29445 Kontigo Care AB
ST:KONT 		21.6% Skr51.72 Million
≈ $5.57 Million 		Skr40.54 Million Sweden Sep 2025
29446 Lafarge Malayan Cement Bhd
KLSE:3794 		21.4% RM7.07 Billion
≈ $1.77 Billion 		RM5.55 Billion Malaysia Sep 2025
29447 Hillenbrand Inc
NYSE:HI 		21.4% $1.42 Billion $1.12 Billion USA Dec 2025
29448 MilDef Group AB
ST:MILDEF 		21.3% Skr1.61 Billion
≈ $173.78 Million 		Skr1.27 Billion Sweden Mar 2026
29449 Hexatronic Group AB
ST:HTRO 		21.3% Skr3.63 Billion
≈ $390.32 Million 		Skr2.86 Billion Sweden Mar 2026
29450 Faron Pharmaceuticals Oy
LSE:FARN 		21.2% GBX1.38 Million
≈ $167.78 		GBX1.09 Million UK Jun 2024
29451 Zhejiang Feida Environmental Science & Technology Co Ltd
SHG:600526 		21.2% CN¥4.92 Billion
≈ $719.39 Million 		CN¥3.87 Billion China Mar 2026
29452 Online Brands Nordic AB
ST:OBAB 		21.2% Skr191.40 Million
≈ $20.60 Million 		Skr150.80 Million Sweden Mar 2026
29453 Archtis Ltd
AU:AR9 		21.2% AU$24.92 Million
≈ $17.63 Million 		AU$19.64 Million Australia Dec 2025
29454 Sigma Healthcare Ltd
AU:SIG 		21.1% AU$4.89 Billion
≈ $3.46 Billion 		AU$3.86 Billion Australia Oct 2025
29455 Moovly Media Inc
V:MVY 		21.1% CA$896.04K
≈ $648.18K 		CA$706.92K Canada Jun 2017
29456 Biotron Ltd
AU:BIT 		21.1% AU$2.70 Million
≈ $1.91 Million 		AU$2.13 Million Australia Dec 2025
29457 Spenda Ltd
AU:SPX 		21.1% AU$11.04 Million
≈ $7.81 Million 		AU$8.71 Million Australia Dec 2025
29458 Qyou Media Inc
V:QYOU 		21.1% CA$842.59K
≈ $609.52K 		CA$665.18K Canada Sep 2025
29459 Yankuang Energy Group Co Ltd
SHG:600188 		21.0% CN¥118.06 Billion
≈ $17.28 Billion 		CN¥93.28 Billion China Sep 2025
29460 mF International Limited Ordinary Shares
NASDAQ:MFI 		21.0% $22.23 Million $17.57 Million USA Jun 2025
29461 Bayer AG NA
XETRA:BAYN 		20.9% €26.06 Billion
≈ $30.47 Billion 		€20.62 Billion Germany Dec 2025
29462 Aspen Pharmacare Holdings Ltd
JSE:APN 		20.8% ZAC84.89 Billion
≈ $45.12 Million 		ZAC67.21 Billion South Africa Jun 2025
29463 Tangiamo Touch Technology AB
ST:TANGI 		20.8% Skr43.80 Million
≈ $4.71 Million 		Skr34.68 Million Sweden Sep 2025
29464 CSL LTD SPON.ADR 2
F:CSJA 		20.8% €20.55 Billion
≈ $24.02 Billion 		€16.28 Billion Germany Dec 2024
29465 TomCo Energy Plc
LSE:TOM 		20.7% GBX5.71 Million
≈ $694.38 		GBX4.53 Million UK Mar 2024
29466 E-Pango SA
PA:ALAGO 		20.7% €1.08 Million
≈ $1.26 Million 		€854.50K France Dec 2022
29467 TELUS International
TO:TIXT 		20.7% CA$1.69 Billion
≈ $1.23 Billion 		CA$1.34 Billion Canada Jun 2025
29468 John Wiley & Sons
NYSE:WLY 		20.7% $749.98 Million $595.10 Million USA Jan 2026
29469 John Wiley & Sons B
NYSE:WLYB 		20.7% $749.98 Million $595.10 Million USA Jan 2026
29470 Wisetech Global Ltd
AU:WTC 		20.6% AU$2.73 Billion
≈ $1.93 Billion 		AU$2.17 Billion Australia Dec 2025
29471 Valeo SA
PA:FR 		20.6% €4.07 Billion
≈ $4.76 Billion 		€3.23 Billion France Dec 2025
29472 Nukkleus Inc
NASDAQ:NUKK 		20.6% $7.99 Million $6.34 Million USA Jun 2023
29473 Nukkleus Inc
NASDAQ:NUKKW 		20.6% $7.99 Million $6.34 Million USA Jun 2023
29474 Corline Biomedical AB
ST:CLBIO 		20.6% Skr93.76 Million
≈ $10.09 Million 		Skr74.43 Million Sweden Dec 2025
29475 Jiangxi Changyun Co Ltd
SHG:600561 		20.5% CN¥1.12 Billion
≈ $164.30 Million 		CN¥892.20 Million China Mar 2026
29476 Datasea Inc
NASDAQ:DTSS 		20.5% $3.47 Million $2.76 Million USA Dec 2025
29477 Warner Bros Discovery Inc
NASDAQ:WBD 		20.5% $33.71 Billion $26.80 Billion USA Mar 2026
29478 Galileo Resources Plc
LSE:GLR 		20.5% GBX13.98 Million
≈ $1.70K 		GBX11.12 Million UK Sep 2025
29479 Emova Group SA
PA:ALEMV 		20.5% €30.07 Million
≈ $35.16 Million 		€23.92 Million France Sep 2025
29480 Buff Technologies Ltd
TA:BUFT 		20.4% ILA514.00K
≈ $1.38K 		ILA409.00K Israel Jun 2024
29481 SOLV Energy, Inc. Class A Common Stock
NASDAQ:MWH 		20.4% $455.23 Million $362.39 Million USA Dec 2025
29482 Premier African Minerals Ltd
LSE:PREM 		20.3% GBX5.88 Million
≈ $715.67 		GBX4.69 Million UK Jun 2025
29483 EVE Health Group Limited
AU:EVE 		20.3% AU$3.76 Million
≈ $2.66 Million 		AU$3.00 Million Australia Dec 2025
29484 RAKUTEN GROUP SPONS.ADR 1
F:RAKA 		20.3% €1.35 Trillion
≈ $1.58 Trillion 		€1.08 Trillion Germany Dec 2025
29485 PSMC CO. Ltd
KQ:024850 		20.3% ₩220.14 Billion
≈ $149.19 Million 		₩175.53 Billion Korea Sep 2025
29486 Complii Fintech Solutions Ltd
AU:CF1 		20.3% AU$5.01 Million
≈ $3.55 Million 		AU$4.00 Million Australia Jun 2025
29487 Nordic Iron Ore
ST:NIO 		20.1% Skr258.38 Million
≈ $27.81 Million 		Skr206.50 Million Sweden Sep 2025
29488 Mulberry Group PLC
LSE:MUL 		20.0% GBX10.88 Million
≈ $1.32K 		GBX8.70 Million UK Mar 2024
29489 Groupe Tera SA
PA:ALGTR 		20.0% €2.22 Million
≈ $2.59 Million 		€1.77 Million France Jun 2025
29490 Yonker Environmental Protect
SHE:300187 		20.0% CN¥1.12 Billion
≈ $163.66 Million 		CN¥894.92 Million China Jun 2025
29491 Kentima Holding publ AB
ST:KENH 		19.9% Skr36.91 Million
≈ $3.97 Million 		Skr29.57 Million Sweden Dec 2025
29492 Alfa Laval AB
ST:ALFA 		19.9% Skr47.23 Billion
≈ $5.08 Billion 		Skr37.84 Billion Sweden Mar 2026
29493 IDREAMSKY TE+H. DL-0001
F:08IA 		19.8% €1.53 Billion
≈ $1.79 Billion 		€1.23 Billion Germany Jun 2025
29494 Perrigo Company plc
F:PIG 		19.7% €2.94 Billion
≈ $3.43 Billion 		€2.36 Billion Germany Dec 2025
29495 Lyckegard Group AB
ST:LYGRD 		19.6% Skr36.02 Million
≈ $3.88 Million 		Skr28.96 Million Sweden Mar 2026
29496 Tomra Systems ASA
OL:TOM 		19.6% Nkr546.00 Million
≈ $57.45 Million 		Nkr439.00 Million Norway Jun 2025
29497 aXichem AB
ST:AXIC-A 		19.5% Skr58.07 Million
≈ $6.25 Million 		Skr46.72 Million Sweden Sep 2025
29498 Shenzhen CAU Technology Co Ltd
SHE:000004 		19.5% CN¥44.24 Million
≈ $6.47 Million 		CN¥35.62 Million China Sep 2025
29499 Enovis Corp
NYSE:ENOV 		19.4% $1.48 Billion $1.19 Billion USA Mar 2026
29500 M&C Saatchi
LSE:SAA 		19.4% GBX39.53 Million
≈ $4.81K 		GBX31.87 Million UK Jun 2025