Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
17.3%
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.
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 |
|---|---|---|---|---|---|---|
| 29501 |
Orange Belgium SA
BR:OBEL |
19.4% |
€1.01 Billion
≈ $1.18 Billion |
€813.33 Million | Belgium | Dec 2025 |
| 29502 |
Geneuro SA
PA:GNRO |
19.4% |
€1.41 Million
≈ $1.65 Million |
€1.14 Million | France | Dec 2022 |
| 29503 |
Dlaboratory Sweden AB
ST:DLAB |
19.3% |
Skr3.24 Million
≈ $348.78K |
Skr2.61 Million | Sweden | Sep 2025 |
| 29504 |
Huitong Construction Group Co.Ltd.
SHG:603176 |
19.3% |
CN¥1.27 Billion
≈ $186.15 Million |
CN¥1.03 Billion | China | Jun 2025 |
| 29505 |
Wangneng Environment Co Ltd
SHE:002034 |
19.3% |
CN¥7.57 Billion
≈ $1.11 Billion |
CN¥6.10 Billion | China | Mar 2026 |
| 29506 |
Tractial S.A.
PA:ALTRA |
19.3% |
€1.87 Million
≈ $2.19 Million |
€1.51 Million | France | Jun 2025 |
| 29507 |
Everi Holdings Inc
NYSE:EVRI |
19.2% | $264.20 Million | $213.47 Million | USA | Mar 2025 |
| 29508 |
Sozap Publ AB
ST:SOZAP |
19.1% |
Skr21.24 Million
≈ $2.29 Million |
Skr17.18 Million | Sweden | Jun 2025 |
| 29509 |
Nexted Group Ltd
AU:NXD |
19.1% |
AU$20.18 Million
≈ $14.28 Million |
AU$16.33 Million | Australia | Jun 2025 |
| 29510 |
Change Financial Ltd
AU:CCA |
19.1% |
AU$7.73 Million
≈ $5.47 Million |
AU$6.25 Million | Australia | Dec 2025 |
| 29511 |
Norwegian Block Exchange AS
OL:NBX |
19.0% |
Nkr73.16 Million
≈ $7.70 Million |
Nkr59.26 Million | Norway | Dec 2024 |
| 29512 |
DUFRY AG UNSP.ADR/010
F:D2JA |
18.9% |
€2.05 Billion
≈ $2.40 Billion |
€1.66 Billion | Germany | Dec 2025 |
| 29513 |
Avolta AG
SW:AVOL |
18.9% |
CHF2.05 Billion
≈ $2.59 Billion |
CHF1.66 Billion | Switzerland | Dec 2025 |
| 29514 |
Precipio Inc
NASDAQ:PRPO |
18.9% | $13.75 Million | $11.16 Million | USA | Sep 2025 |
| 29515 |
Volato Group Inc.
NYSE:SOAR |
18.8% | $1.69 Million | $1.38 Million | USA | Mar 2024 |
| 29516 |
Shenzhen Silver Basis Technology Co Ltd
SHE:002786 |
18.8% |
CN¥147.37 Million
≈ $21.57 Million |
CN¥119.71 Million | China | Mar 2026 |
| 29517 |
Proeduca Altus S.A.
MC:PRO |
18.8% |
€23.66 Million
≈ $27.66 Million |
€19.22 Million | Spain | Aug 2024 |
| 29518 |
Roquefort Investments PLC
LSE:ROQ |
18.7% |
GBX4.75 Million
≈ $578.29 |
GBX3.86 Million | UK | Jun 2025 |
| 29519 |
Gigas Hosting S.A
MC:GIGA |
18.7% |
€32.12 Million
≈ $37.55 Million |
€26.10 Million | Spain | Dec 2025 |
| 29520 |
Wishbone Gold Plc
LSE:WSBN |
18.7% |
GBX7.23 Million
≈ $879.31 |
GBX5.88 Million | UK | Jun 2025 |
| 29521 |
Hiremii Ltd
AU:HMI |
18.7% |
AU$288.62K
≈ $204.22K |
AU$234.78K | Australia | Jun 2025 |
| 29522 |
Nayax Ltd
NASDAQ:NYAX |
18.6% | $207.46 Million | $168.84 Million | USA | Sep 2025 |
| 29523 |
Conneqt Health Limited
AU:CQT |
18.6% |
AU$633.50K
≈ $448.24K |
AU$515.98K | Australia | Jun 2025 |
| 29524 |
Crunchfish AB
ST:CFISH |
18.5% |
Skr49.53 Million
≈ $5.33 Million |
Skr40.35 Million | Sweden | Dec 2025 |
| 29525 |
Dolphin Entertainment Inc
NASDAQ:DLPN |
18.5% | $9.69 Million | $7.90 Million | USA | Dec 2025 |
| 29526 |
Fluicell AB
ST:FLUI |
18.4% |
Skr10.80 Million
≈ $1.16 Million |
Skr8.81 Million | Sweden | Sep 2025 |
| 29527 |
Stayble Therapeutics AB
ST:STABL |
18.4% |
Skr6.92 Million
≈ $744.92K |
Skr5.65 Million | Sweden | Dec 2025 |
| 29528 |
eEducation Albert AB
ST:ALBERT |
18.4% |
Skr31.45 Million
≈ $3.38 Million |
Skr25.67 Million | Sweden | Mar 2026 |
| 29529 |
Sapiens International Corporation NV
TA:SPNS |
18.3% |
ILA527.19 Million
≈ $1.41 Million |
ILA430.90 Million | Israel | Sep 2025 |
| 29530 |
Mastercard Inc
NYSE:MA |
18.3% | $6.72 Billion | $5.50 Billion | USA | Mar 2026 |
| 29531 |
Global Payments Inc
NYSE:GPN |
18.2% | $24.67 Billion | $20.18 Billion | USA | Mar 2026 |
| 29532 |
Lithia Motors Inc
NYSE:LAD |
18.2% | $6.41 Billion | $5.24 Billion | USA | Mar 2026 |
| 29533 |
Cecep Environmental Protection Equipment Co Ltd
SHE:300140 |
18.2% |
CN¥14.78 Billion
≈ $2.16 Billion |
CN¥12.09 Billion | China | Mar 2026 |
| 29534 |
Douglas AG
XETRA:DOU |
18.2% |
€971.20 Million
≈ $1.14 Billion |
€794.90 Million | Germany | Mar 2026 |
| 29535 |
BIOCERES CROP SOL.
F:0G4 |
18.1% |
€106.62 Million
≈ $124.65 Million |
€87.29 Million | Germany | Dec 2025 |
| 29536 |
Kenvue Inc.
NYSE:KVUE |
18.0% | $10.63 Billion | $8.72 Billion | USA | Sep 2025 |
| 29537 |
Roots Corp
TO:ROOT |
18.0% |
CA$157.92 Million
≈ $114.24 Million |
CA$129.44 Million | Canada | Jan 2026 |
| 29538 |
Voxtur Analytics Corp
V:VXTR |
17.9% |
CA$22.09 Million
≈ $15.98 Million |
CA$18.13 Million | Canada | Sep 2024 |
| 29539 |
TPG Telecom Ltd
AU:TPG |
17.9% |
AU$11.08 Billion
≈ $7.84 Billion |
AU$9.09 Billion | Australia | Jun 2025 |
| 29540 |
Largo SAS
PA:ALLGO |
17.9% |
€1.04 Million
≈ $1.22 Million |
€856.00K | France | Jun 2025 |
| 29541 |
BRC Group Holdings, Inc.
NASDAQ:RILY |
17.8% | $136.33 Million | $112.04 Million | USA | Mar 2026 |
| 29542 |
Environmental Clean Technologies Ltd
AU:ECT |
17.8% |
AU$22.07 Million
≈ $15.62 Million |
AU$18.15 Million | Australia | Dec 2025 |
| 29543 |
Verano Holdings Corp Ordinary Shares - Class A (Sub Voting)
NEO:VRNO |
17.8% |
CA$686.57 Million
≈ $496.65 Million |
CA$564.58 Million | Canada | Mar 2026 |
| 29544 |
Profoto Holding AB
ST:PRFO |
17.8% |
Skr349.00 Million
≈ $37.56 Million |
Skr287.00 Million | Sweden | Dec 2025 |
| 29545 |
Hennessy Ad
NASDAQ:HNNA |
17.8% | $100.02 Million | $82.25 Million | USA | Mar 2026 |
| 29546 |
Overactive Media Corp
V:OAM |
17.5% |
CA$40.84 Million
≈ $29.54 Million |
CA$33.71 Million | Canada | Mar 2026 |
| 29547 |
Fraport AG
XETRA:FRA |
17.4% |
€5.53 Billion
≈ $6.46 Billion |
€4.57 Billion | Germany | Mar 2026 |
| 29548 |
VF Corporation
NYSE:VFC |
17.4% | $1.78 Billion | $1.47 Billion | USA | Dec 2025 |
| 29549 |
Ansell Ltd
AU:ANN |
17.4% |
AU$2.00 Billion
≈ $1.42 Billion |
AU$1.66 Billion | Australia | Dec 2025 |
| 29550 |
Driven Brands Holdings Inc
NASDAQ:DRVN |
17.4% | $793.49 Million | $655.79 Million | USA | Sep 2025 |
| 29551 |
Sedana Medical AB
ST:SEDANA |
17.3% |
Skr900.78 Million
≈ $96.94 Million |
Skr744.93 Million | Sweden | Dec 2025 |
| 29552 |
The Hain Celestial Group Inc
NASDAQ:HAIN |
17.3% | $215.55 Million | $178.29 Million | USA | Mar 2026 |
| 29553 |
Tatwah Smartech Co Ltd
SHE:002512 |
17.2% |
CN¥353.53 Million
≈ $51.73 Million |
CN¥292.62 Million | China | Mar 2026 |
| 29554 |
Litium AB (publ)
ST:LITI |
17.2% |
Skr114.94 Million
≈ $12.37 Million |
Skr95.21 Million | Sweden | Mar 2026 |
| 29555 |
Forafric Global PLC Ordinary Shares
NASDAQ:AFRI |
17.2% | $5.32 Million | $4.40 Million | USA | Mar 2025 |
| 29556 |
CPU Softwarehouse AG
F:CPU2 |
17.1% |
€2.74 Million
≈ $3.21 Million |
€2.27 Million | Germany | Dec 2023 |
| 29557 |
Lindblad Expeditions Holdings Inc
NASDAQ:LIND |
17.0% | $15.94 Million | $13.23 Million | USA | Dec 2021 |
| 29558 |
AFYA LTD. CL.A DL-00005
F:1AY |
17.0% |
€4.89 Billion
≈ $5.72 Billion |
€4.06 Billion | Germany | Dec 2025 |
| 29559 |
Alphawave IP Group PLC
LSE:AWE |
16.9% |
GBX345.28 Million
≈ $42.01K |
GBX286.80 Million | UK | Jun 2025 |
| 29560 |
Church & Dwight Company Inc
NYSE:CHD |
16.9% | $4.19 Billion | $3.48 Billion | USA | Mar 2026 |
| 29561 |
AstraZeneca PLC
F:ZEGA |
16.9% |
€45.97 Billion
≈ $53.74 Billion |
€38.19 Billion | Germany | Sep 2025 |
| 29562 |
Pod Point Group Holdings PLC
LSE:PODP |
16.9% |
GBX17.61 Million
≈ $2.14K |
GBX14.63 Million | UK | Dec 2024 |
| 29563 |
Foxtons Group Plc
LSE:FOXT |
16.8% |
GBX141.76 Million
≈ $17.25K |
GBX117.89 Million | UK | Jun 2025 |
| 29564 |
Triunfo Participações e Investimentos S.A
SA:TPIS3 |
16.8% |
R$833.50 Million
≈ $163.55 Million |
R$693.36 Million | Brazil | Sep 2025 |
| 29565 |
Redcare Pharmacy NV
XETRA:RDC |
16.7% |
€468.30 Million
≈ $547.49 Million |
€389.90 Million | Germany | Mar 2026 |
| 29566 |
Begbies Traynor Group PLC
LSE:BEG |
16.6% |
GBX80.90 Million
≈ $9.84K |
GBX67.50 Million | UK | Oct 2025 |
| 29567 |
Pandora A/S
CO:PNDORA |
16.5% |
Dkr4.02 Billion
≈ $628.96 Million |
Dkr3.36 Billion | Denmark | Mar 2026 |
| 29568 |
Companhia de Saneamento de Minas Gerais
SA:CSMG3 |
16.3% |
R$8.58 Billion
≈ $1.68 Billion |
R$7.18 Billion | Brazil | Dec 2025 |
| 29569 |
Magnera Corp placeholder
NYSE:MAGN |
16.3% | $1.04 Billion | $870.00 Million | USA | Mar 2026 |
| 29570 |
Creative Realities Inc
NASDAQ:CREX |
16.3% | $41.14 Million | $34.45 Million | USA | Mar 2026 |
| 29571 |
Qumei Furniture Group Co Ltd
SHG:603818 |
16.2% |
CN¥2.19 Billion
≈ $320.70 Million |
CN¥1.84 Billion | China | Mar 2026 |
| 29572 |
Visi Media Asia Tbk
JK:VIVA |
16.2% |
Rp361.61 Billion
≈ $21.19 Million |
Rp303.09 Billion | Indonesia | Dec 2025 |
| 29573 |
Moneyme Ltd
AU:MME |
16.2% |
AU$104.10 Million
≈ $73.66 Million |
AU$87.26 Million | Australia | Dec 2025 |
| 29574 |
MEDIMI AB AK
F:79T |
16.1% |
€332.69K
≈ $388.95K |
€279.03K | Germany | Dec 2025 |
| 29575 |
Global Interactive Technologies, Inc
NASDAQ:GITS |
16.1% | $5.25 Million | $4.40 Million | USA | Sep 2025 |
| 29576 |
11880 Solutions AG
XETRA:TGT |
16.0% |
€4.70 Million
≈ $5.49 Million |
€3.94 Million | Germany | Dec 2025 |
| 29577 |
Henan Dayou Energy Co Ltd
SHG:600403 |
16.0% |
CN¥5.25 Billion
≈ $768.76 Million |
CN¥4.41 Billion | China | Sep 2025 |
| 29578 |
Fonet Bilgi Teknolojileri AS
IS:FONET |
16.0% |
TL1.51 Billion
≈ $33.85 Million |
TL1.27 Billion | Turkey | Sep 2025 |
| 29579 |
Betsson AB
ST:BETS-B |
16.0% |
Skr877.00 Million
≈ $94.38 Million |
Skr736.70 Million | Sweden | Sep 2025 |
| 29580 |
DCC plc
LSE:DCC |
15.9% |
GBX2.71 Billion
≈ $329.23K |
GBX2.27 Billion | UK | Sep 2025 |
| 29581 |
ORTOMA AB B
F:82Y |
15.9% |
€142.72 Million
≈ $166.85 Million |
€119.98 Million | Germany | Dec 2025 |
| 29582 |
Ortoma AB Series B
ST:ORT-B |
15.9% |
Skr142.72 Million
≈ $15.36 Million |
Skr119.98 Million | Sweden | Dec 2025 |
| 29583 |
Veolia Environnement VE SA
PA:VIE |
15.8% |
€9.43 Billion
≈ $11.03 Billion |
€7.95 Billion | France | Dec 2025 |
| 29584 |
Carlisle Companies Incorporated
NYSE:CSL |
15.7% | $1.65 Billion | $1.39 Billion | USA | Mar 2026 |
| 29585 |
Painreform Ltd
NASDAQ:PRFX |
15.7% | $8.44 Million | $7.12 Million | USA | Sep 2025 |
| 29586 |
Kip Mcgrath Education Centres Ltd
AU:KME |
15.7% |
AU$19.05 Million
≈ $13.48 Million |
AU$16.07 Million | Australia | Dec 2025 |
| 29587 |
TRELLUS HEALTH LS -0006
F:85Q |
15.6% |
€8.71 Million
≈ $10.18 Million |
€7.35 Million | Germany | Jun 2025 |
| 29588 |
Zee Media Corporation Limited
NSE:ZEEMEDIA |
15.5% |
Rs2.24 Billion
≈ $24.20 Million |
Rs1.89 Billion | India | Mar 2026 |
| 29589 |
IMAC Holdings Inc
NASDAQ:BACK |
15.5% | $1.03 Million | $868.99K | USA | Sep 2023 |
| 29590 |
Rent the Runway Inc
NASDAQ:RENT |
15.5% | $7.10 Million | $6.00 Million | USA | Jul 2022 |
| 29591 |
CSW Industrials, Inc.
NYSE:CSW |
15.5% | $1.09 Billion | $918.07 Million | USA | Dec 2025 |
| 29592 |
Afya Ltd
NASDAQ:AFYA |
15.5% | $4.73 Billion | $4.00 Billion | USA | Mar 2026 |
| 29593 |
Cosan SA ADR
NYSE:CSAN |
15.4% | $29.39 Billion | $24.87 Billion | USA | Mar 2026 |
| 29594 |
COSAN S.A. SP.ADR 1/4
F:9CI0 |
15.4% |
€29.39 Billion
≈ $34.36 Billion |
€24.87 Billion | Germany | Mar 2026 |
| 29595 |
MotorK Ltd
AS:MTRK |
15.4% |
€23.61 Million
≈ $27.61 Million |
€19.99 Million | Netherlands | Dec 2025 |
| 29596 |
OSE Pharma SA
PA:OSE |
15.3% |
€50.60 Million
≈ $59.16 Million |
€42.84 Million | France | Jun 2025 |
| 29597 |
Smartiks Yazilim AS
IS:SMART |
15.3% |
TL385.70 Million
≈ $8.64 Million |
TL326.61 Million | Turkey | Mar 2025 |
| 29598 |
Adisyn Ltd
AU:AI1 |
15.2% |
AU$45.66 Million
≈ $32.31 Million |
AU$38.71 Million | Australia | Dec 2025 |
| 29599 |
Heliospectra publ AB
ST:HELIO |
15.2% |
Skr13.75 Million
≈ $1.48 Million |
Skr11.67 Million | Sweden | Mar 2026 |
| 29600 |
Helium One Global Ltd
LSE:HE1 |
15.2% |
GBX65.56 Million
≈ $7.98K |
GBX55.62 Million | UK | Dec 2025 |