Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
27.8%
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 |
|---|---|---|---|---|---|---|
| 29401 |
Centrais Electricas Brasileiras SA
NYSE:EBR |
29.6% | $109.34 Billion | $76.95 Billion | USA | Sep 2025 |
| 29402 |
AXIA Energia
NYSE:AXIA |
29.6% | $109.34 Billion | $76.95 Billion | USA | Sep 2025 |
| 29403 |
Shanghai Zhongyida Co Ltd A
SHG:600610 |
29.6% |
CN¥113.50 Million
≈ $16.61 Million |
CN¥79.89 Million | China | Sep 2025 |
| 29404 |
TransUnion
NYSE:TRU |
29.6% | $5.00 Billion | $3.52 Billion | USA | Jun 2026 |
| 29405 |
Blue Shark Power System SA
PA:MLBSP |
29.6% Annual |
€1.25 Million
≈ $1.46 Million |
€880.92K | France | Dec 2024 |
| 29406 |
GREENHY2 Ltd
AU:H2G |
29.6% |
AU$3.12 Million
≈ $2.21 Million |
AU$2.20 Million | Australia | Jun 2025 |
| 29407 |
COSMO Pharmaceuticals SA
LSE:0RGI |
29.5% |
£466.98 Million
≈ $627.11 Million |
£329.13 Million | UK | Jun 2025 |
| 29408 |
Eagle Eye Solutions Group plc
LSE:EYE |
29.5% |
GBX33.44 Million
≈ $4.07K |
GBX23.57 Million | UK | Dec 2025 |
| 29409 |
HLB Co. Ltd
KQ:028300 |
29.5% |
₩493.87 Billion
≈ $334.69 Million |
₩348.20 Billion | Korea | Mar 2026 |
| 29410 |
Shandong Chenming Paper Holdings Limited
F:SCD1 |
29.5% |
€2.26 Billion
≈ $2.64 Billion |
€1.59 Billion | Germany | Mar 2026 |
| 29411 |
Shandong Chenming Paper Holdings Ltd Class B
SHE:200488 |
29.5% |
HK$2.26 Billion
≈ $288.20 Million |
HK$1.59 Billion | China | Mar 2026 |
| 29412 |
Shandong Chenming Paper Holdings Ltd
SHE:000488 |
29.5% |
CN¥2.26 Billion
≈ $330.36 Million |
CN¥1.59 Billion | China | Mar 2026 |
| 29413 |
Lagercrantz Group AB (publ)
ST:LAGR-B |
29.5% |
Skr4.09 Billion
≈ $440.47 Million |
Skr2.89 Billion | Sweden | Dec 2025 |
| 29414 |
BRP Inc.
NASDAQ:DOO |
29.2% | $702.60 Million | $497.24 Million | USA | Apr 2026 |
| 29415 |
Upland Software Inc
NASDAQ:UPLD |
29.2% | $78.19 Million | $55.36 Million | USA | Mar 2026 |
| 29416 |
PayPoint plc
LSE:PAY |
29.2% |
GBX101.96 Million
≈ $12.41K |
GBX72.19 Million | UK | Sep 2025 |
| 29417 |
Embraer S.A
F:EMY |
29.2% |
€3.81 Billion
≈ $4.46 Billion |
€2.70 Billion | Germany | Dec 2025 |
| 29418 |
BCE Inc
TO:BCE |
29.2% |
CA$22.76 Billion
≈ $16.46 Billion |
CA$16.12 Billion | Canada | Sep 2025 |
| 29419 |
Hyperion DeFi, Inc.
NASDAQ:HYPD |
29.1% | $58.49 Million | $41.46 Million | USA | Mar 2026 |
| 29420 |
ASX Ltd
AU:ASX |
29.1% |
AU$3.90 Billion
≈ $2.76 Billion |
AU$2.77 Billion | Australia | Dec 2025 |
| 29421 |
Cavotec SA
ST:CCC |
29.1% |
Skr49.29 Million
≈ $5.30 Million |
Skr34.95 Million | Sweden | Mar 2026 |
| 29422 |
I.Ceram SA
PA:ALICR |
29.0% |
€431.78K
≈ $504.79K |
€306.41K | France | Jun 2024 |
| 29423 |
Playside Studios Ltd
AU:PLY |
29.0% |
AU$56.01 Million
≈ $39.63 Million |
AU$39.75 Million | Australia | Dec 2025 |
| 29424 |
HYDRIX Ltd
AU:HYD |
29.0% |
AU$2.64 Million
≈ $1.86 Million |
AU$1.87 Million | Australia | Dec 2023 |
| 29425 |
Franklin Resources Inc
NYSE:BEN |
28.9% | $14.62 Billion | $10.39 Billion | USA | Mar 2026 |
| 29426 |
Zhibao Technology Inc. Class A Ordinary Shares
NASDAQ:ZBAO |
28.9% | $7.04 Million | $5.01 Million | USA | Dec 2025 |
| 29427 |
Repay Holdings Corp
NASDAQ:RPAY |
28.8% | $475.26 Million | $338.34 Million | USA | Mar 2026 |
| 29428 |
Nanjing Wondux Environmental Protection Technology Corp Ltd
SHG:688178 |
28.7% |
CN¥978.00 Million
≈ $143.11 Million |
CN¥696.91 Million | China | Mar 2026 |
| 29429 |
CSU Digital S.A.
SA:CSUD3 |
28.7% |
R$494.62 Million
≈ $97.05 Million |
R$352.91 Million | Brazil | Mar 2025 |
| 29430 |
Oncoinvent ASA
OL:KLDVK |
28.5% |
Nkr277.49 Million
≈ $29.20 Million |
Nkr198.43 Million | USA | Dec 2025 |
| 29431 |
Fila Holdings Corp
KO:081660 |
28.4% |
₩2.58 Trillion
≈ $1.75 Billion |
₩1.85 Trillion | Korea | Jun 2025 |
| 29432 |
Tulikivi Oyj A
HE:TULAV |
28.4% |
€17.60 Million
≈ $20.58 Million |
€12.60 Million | Finland | Sep 2025 |
| 29433 |
Telstra Group Ltd
AU:TLS |
28.3% |
AU$15.74 Billion
≈ $11.14 Billion |
AU$11.28 Billion | Australia | Dec 2025 |
| 29434 |
Amneal Pharmaceuticals, Inc. Class A Common Stock
NYSE:AMRX |
28.3% | $819.93 Million | $587.94 Million | USA | Sep 2025 |
| 29435 |
Beijing GeoEnviron Engineering
SHG:603588 |
28.3% |
CN¥10.44 Billion
≈ $1.53 Billion |
CN¥7.49 Billion | China | Sep 2025 |
| 29436 |
Duro Felguera
MC:MDF |
28.2% |
€15.59 Million
≈ $18.22 Million |
€11.18 Million | Spain | Dec 2019 |
| 29437 |
American Vanguard Corporation
NYSE:AVD |
28.2% | $189.62 Million | $136.07 Million | USA | Mar 2026 |
| 29438 |
TGS ASA SP.ADR/1
F:TGC0 |
28.2% |
€1.94 Billion
≈ $2.27 Billion |
€1.39 Billion | Germany | Mar 2026 |
| 29439 |
Automax Motors Ltd
TA:AMX |
28.2% |
ILA27.13 Million
≈ $72.72K |
ILA19.48 Million | Israel | Jun 2025 |
| 29440 |
E2open Parent Holdings Inc
NYSE:ETWO |
28.1% | $900.82 Million | $647.51 Million | USA | May 2025 |
| 29441 |
Norwegian Block Exchange AS
OL:NBX |
28.1% |
Nkr86.15 Million
≈ $9.07 Million |
Nkr61.94 Million | Norway | Dec 2025 |
| 29442 |
Lazydays Holdings Inc
NASDAQ:GORV |
28.1% | $55.95 Million | $40.23 Million | USA | Jun 2025 |
| 29443 |
Close the Loop Ltd
AU:CLG |
28.1% |
AU$121.48 Million
≈ $85.96 Million |
AU$87.38 Million | Australia | Jun 2025 |
| 29444 |
RPM Automotive Group Ltd
AU:RPM |
28.1% |
AU$56.12 Million
≈ $39.71 Million |
AU$40.37 Million | Australia | Dec 2025 |
| 29445 |
Borussia Dortmund GmbH & Co KGaA
XETRA:BVB |
28.1% |
€325.95 Million
≈ $381.07 Million |
€234.47 Million | Germany | Mar 2026 |
| 29446 |
Sensen Networks Ltd
AU:SNS |
28.0% |
AU$8.21 Million
≈ $5.81 Million |
AU$5.91 Million | Australia | Dec 2025 |
| 29447 |
Tegna Inc
NYSE:TGNA |
28.0% | $3.16 Billion | $2.27 Billion | USA | Dec 2025 |
| 29448 |
Captivision Inc
NASDAQ:CAPT |
28.0% | $7.03 Million | $5.06 Million | USA | Jun 2023 |
| 29449 |
Clariant AG
SW:CLN |
27.9% |
CHF2.08 Billion
≈ $2.63 Billion |
CHF1.50 Billion | Switzerland | Jun 2025 |
| 29450 |
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
27.9% |
CN¥11.54 Billion
≈ $1.69 Billion |
CN¥8.32 Billion | China | Mar 2026 |
| 29451 |
Iconovo
ST:ICO |
27.8% |
Skr157.77 Million
≈ $16.98 Million |
Skr113.83 Million | Sweden | Mar 2026 |
| 29452 |
Utz Brands Inc
NYSE:UTZ |
27.8% | $1.31 Billion | $948.50 Million | USA | Jun 2026 |
| 29453 |
Sendas Distribuidora S.A.
SA:ASAI3 |
27.8% |
R$6.35 Billion
≈ $1.25 Billion |
R$4.58 Billion | Brazil | Jun 2026 |
| 29454 |
M VEST WATER NK-00227652
F:7YA |
27.7% |
€32.32 Million
≈ $37.78 Million |
€23.36 Million | Germany | Dec 2025 |
| 29455 |
Tempus AI, Inc. Class A Common Stock
NASDAQ:TEM |
27.7% | $491.33 Million | $355.25 Million | USA | Dec 2025 |
| 29456 |
Inepar S.A. Indústria e Construções
SA:INEP3 |
27.5% |
R$47.84 Million
≈ $9.39 Million |
R$34.68 Million | Brazil | Mar 2014 |
| 29457 |
Sonoco Products Company
NYSE:SON |
27.5% | $3.59 Billion | $2.60 Billion | USA | Mar 2026 |
| 29458 |
Checkit PLC
LSE:CKT |
27.5% |
GBX9.10 Million
≈ $1.11K |
GBX6.60 Million | UK | Jul 2025 |
| 29459 |
TGS NOPEC Geophysical Company ASA
OL:TGS |
27.5% |
Nkr1.95 Billion
≈ $205.27 Million |
Nkr1.41 Billion | Norway | Jun 2026 |
| 29460 |
Helport AI Limited Ordinary Shares
NASDAQ:HPAI |
27.4% | $17.47 Million | $12.68 Million | USA | Sep 2025 |
| 29461 |
Driven Brands Holdings Inc
NASDAQ:DRVN |
27.2% | $833.29 Million | $606.31 Million | USA | Jun 2026 |
| 29462 |
Wspierania Przedsiebiorczosci
WAR:PTW |
27.1% |
zł104.08 Million
≈ $28.65 Million |
zł75.87 Million | Poland | Mar 2026 |
| 29463 |
Image Systems AB
ST:IS |
27.1% |
Skr96.30 Million
≈ $10.36 Million |
Skr70.20 Million | Sweden | Mar 2026 |
| 29464 |
Rieter Holding AG
SW:RIEN |
27.1% |
CHF744.60 Million
≈ $941.38 Million |
CHF542.90 Million | Switzerland | Jun 2026 |
| 29465 |
Jasmine Telecom Systems Public Company Limited
BK:JTS |
27.1% |
฿865.90 Million
≈ $26.99 Million |
฿631.52 Million | Thailand | Dec 2025 |
| 29466 |
YOC AG
F:YOC |
27.1% |
€7.37 Million
≈ $8.61 Million |
€5.37 Million | Germany | Sep 2025 |
| 29467 |
North China Pharmaceutical Co Ltd
SHG:600812 |
27.0% |
CN¥6.93 Billion
≈ $1.01 Billion |
CN¥5.06 Billion | China | Mar 2026 |
| 29468 |
Cardlytics Inc
NASDAQ:CDLX |
27.0% | $58.71 Million | $42.88 Million | USA | Jun 2025 |
| 29469 |
Mondelez International Inc
NASDAQ:MDLZ |
26.9% | $26.69 Billion | $19.51 Billion | USA | Jun 2026 |
| 29470 |
Berjaya Corporation Bhd
KLSE:3395 |
26.8% |
RM6.22 Billion
≈ $1.56 Billion |
RM4.55 Billion | Malaysia | Jul 2025 |
| 29471 |
Ranhill Holdings Ltd
KLSE:5272 |
26.8% |
RM1.13 Billion
≈ $283.63 Million |
RM826.96 Million | Malaysia | Dec 2025 |
| 29472 |
Beijing Originwater Technology
SHE:300070 |
26.8% |
CN¥30.63 Billion
≈ $4.48 Billion |
CN¥22.43 Billion | China | Mar 2026 |
| 29473 |
Korea Kolmar
KO:161890 |
26.8% |
₩1.70 Trillion
≈ $1.15 Billion |
₩1.24 Trillion | Korea | Mar 2026 |
| 29474 |
Amphastar P
NASDAQ:AMPH |
26.8% | $768.16 Million | $562.56 Million | USA | Jun 2026 |
| 29475 |
Quanex Building Products
NYSE:NX |
26.7% | $727.36 Million | $533.39 Million | USA | Apr 2026 |
| 29476 |
Yonker Environmental Protect
SHE:300187 |
26.7% |
CN¥1.17 Billion
≈ $171.80 Million |
CN¥860.99 Million | China | Mar 2026 |
| 29477 |
LungLife AI Inc
LSE:LLAI |
26.7% |
GBX7.93 Million
≈ $965.22 |
GBX5.82 Million | UK | Jun 2024 |
| 29478 |
Scout24 AG
XETRA:G24 |
26.7% |
€1.33 Billion
≈ $1.55 Billion |
€972.13 Million | Germany | Jun 2025 |
| 29479 |
Telecom Plus PLC
LSE:TEP |
26.6% |
GBX231.56 Million
≈ $28.17K |
GBX169.97 Million | UK | Sep 2025 |
| 29480 |
MKS Instruments Inc
NASDAQ:MKSI |
26.5% | $2.81 Billion | $2.06 Billion | USA | Mar 2026 |
| 29481 |
B90 HOLDINGS PLC
F:24GN |
26.5% |
€6.64 Million
≈ $7.77 Million |
€4.88 Million | Germany | Jun 2025 |
| 29482 |
SEEEN PLC
LSE:SEEN |
26.5% |
GBX55.68K
≈ $6.78 |
GBX40.92K | UK | Dec 2025 |
| 29483 |
Izertis Sa
MC:IZER |
26.5% |
€94.20 Million
≈ $110.13 Million |
€69.26 Million | Spain | Dec 2025 |
| 29484 |
Fitzroy River Corporation Ltd
AU:FZR |
26.4% |
AU$2.84 Million
≈ $2.01 Million |
AU$2.09 Million | Australia | Jun 2025 |
| 29485 |
Oncozenge AB
ST:ONCOZ |
26.4% |
Skr9.30 Million
≈ $1.00 Million |
Skr6.85 Million | Sweden | Sep 2025 |
| 29486 |
Team Internet Group PLC
LSE:TIG |
26.4% |
GBX91.40 Million
≈ $11.12K |
GBX67.30 Million | UK | Jun 2025 |
| 29487 |
Tecan Group AG
SW:TECN |
26.4% |
CHF1.28 Billion
≈ $1.62 Billion |
CHF944.04 Million | Switzerland | Jun 2025 |
| 29488 |
Cloudcoco Group PLC
LSE:CLCO |
26.3% |
GBX688.00K
≈ $83.71 |
GBX507.00K | UK | Mar 2025 |
| 29489 |
Chemtrade Logistics Income Fund
TO:CHE-UN |
26.3% |
CA$754.65 Million
≈ $545.90 Million |
CA$556.12 Million | Canada | Sep 2025 |
| 29490 |
Stille AB
ST:STIL |
26.2% |
Skr692.75 Million
≈ $74.55 Million |
Skr510.96 Million | Sweden | Sep 2025 |
| 29491 |
Renk Group AG
XETRA:R3NK |
26.2% |
€436.52 Million
≈ $510.34 Million |
€322.04 Million | Germany | Sep 2025 |
| 29492 |
Trakm8 Holdings PLC
LSE:TRAK |
26.2% |
GBX18.09 Million
≈ $2.20K |
GBX13.35 Million | UK | Sep 2024 |
| 29493 |
Ads Tec Energy PLC
NASDAQ:ADSE |
26.2% | $33.92 Million | $25.04 Million | USA | Mar 2024 |
| 29494 |
Fragbite Group AB
ST:FRAG |
26.1% |
Skr60.49 Million
≈ $6.51 Million |
Skr44.67 Million | Sweden | Mar 2026 |
| 29495 |
EML Payments Ltd
AU:EML |
26.1% |
AU$147.70 Million
≈ $104.50 Million |
AU$109.11 Million | Australia | Dec 2025 |
| 29496 |
Hitit Bilgisayar Hizmetleri AS
IS:HTTBT |
26.0% |
TL2.78 Billion
≈ $62.20 Million |
TL2.06 Billion | Turkey | Sep 2025 |
| 29497 |
Corline Biomedical AB
ST:CLBIO |
25.9% |
Skr100.45 Million
≈ $10.81 Million |
Skr74.45 Million | Sweden | Mar 2026 |
| 29498 |
Kanabo Group PLC
LSE:KNB |
25.9% |
GBX5.91 Million
≈ $718.95 |
GBX4.38 Million | UK | Jun 2024 |
| 29499 |
VivoPower International PLC
NASDAQ:VVPR |
25.9% | $20.10 Million | $14.91 Million | USA | Sep 2025 |
| 29500 |
Orkla ASA
OL:ORK |
25.8% |
Nkr48.66 Billion
≈ $5.12 Billion |
Nkr36.10 Billion | Norway | Dec 2025 |