Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

20.7%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
29601 Fidelity National Financial Inc
NYSE:FNF 		22.5% $8.72 Billion $6.76 Billion USA Mar 2026
29602 Karman Holdings Inc.
NYSE:KRMN 		22.4% $421.10 Million $326.76 Million USA Jun 2026
29603 Fleetpartners Group Ltd
AU:FPR 		22.3% AU$653.75 Million
≈ $462.57 Million 		AU$507.80 Million Australia Mar 2026
29604 First Tin PLC
LSE:1SN 		22.3% GBX50.14 Million
≈ $6.10K 		GBX38.95 Million UK Dec 2025
29605 AstraZeneca PLC
MX:AZNN 		22.3% MX$48.72 Billion
≈ $2.80 Billion 		MX$37.85 Billion Mexico Dec 2025
29606 Adslot Ltd
AU:ADS 		22.3% AU$3.52 Million
≈ $2.49 Million 		AU$2.74 Million Australia Dec 2023
29607 China Yurun Food Group Limited
F:C7Y 		22.3% €2.29 Billion
≈ $2.68 Billion 		€1.78 Billion Germany Jun 2019
29608 Upsellon Brands Holdings Ltd
TA:UPSL 		22.3% ILA3.18 Million
≈ $8.51K 		ILA2.47 Million Israel Dec 2025
29609 Bike24 Holding AG
F:BIKE 		22.3% €122.37 Million
≈ $143.07 Million 		€95.14 Million Germany Sep 2025
29610 Enovis Corp
NYSE:ENOV 		22.2% $1.48 Billion $1.15 Billion USA Jun 2026
29611 AstraZeneca PLC
NASDAQ:AZN 		22.1% $47.38 Billion $36.91 Billion USA Mar 2026
29612 Bristol-Myers Squibb Company
NYSE:BMY 		22.1% $22.32 Billion $17.39 Billion USA Jun 2026
29613 Carlsberg A/S
CO:CARL-B 		22.1% Dkr30.68 Billion
≈ $4.80 Billion 		Dkr23.91 Billion Denmark Dec 2025
29614 CARLSBERG B DK20 ADR 1/5
F:CBGC 		22.1% €30.68 Billion
≈ $35.86 Billion 		€23.91 Billion Germany Dec 2025
29615 Carlsberg A/S
CO:CARL-A 		22.1% Dkr30.68 Billion
≈ $4.80 Billion 		Dkr23.91 Billion Denmark Dec 2025
29616 Checkin.com Group AB
ST:CHECK 		22.1% Skr62.79 Million
≈ $6.76 Million 		Skr48.94 Million Sweden Mar 2026
29617 High Peak Royalties Ltd
AU:HPR 		22.0% AU$10.38 Million
≈ $7.34 Million 		AU$8.09 Million Australia Dec 2025
29618 Associate Global Partners Ltd
AU:APL 		22.0% AU$7.75 Million
≈ $5.48 Million 		AU$6.04 Million Australia Dec 2025
29619 SynAct Pharma AB
ST:SYNACT 		22.0% Skr193.75 Million
≈ $20.85 Million 		Skr151.14 Million Sweden Mar 2026
29620 Versus Systems Inc
NASDAQ:VS 		22.0% $1.20 Million $936.00K USA Mar 2026
29621 Kofola CeskoSlovensko as
PR:KOFOL 		22.0% Kč2.12 Billion
≈ $101.73 Million 		Kč1.65 Billion Czech Republic Jun 2025
29622 CHUNGDAHM Learning Inc
KQ:096240 		21.9% ₩50.31 Billion
≈ $34.09 Million 		₩39.27 Billion Korea Sep 2025
29623 Dassault Systemes SE
PA:DSY 		21.9% €8.80 Billion
≈ $10.29 Billion 		€6.87 Billion France Dec 2025
29624 Episurf Medical AB (publ)
ST:EPIS-B 		21.9% Skr47.50 Million
≈ $5.11 Million 		Skr37.10 Million Sweden Dec 2025
29625 Prostatype Genomics AB
ST:PROGEN 		21.8% Skr36.48 Million
≈ $3.93 Million 		Skr28.52 Million Sweden Jun 2025
29626 Visa Inc. Class A
NYSE:V 		21.7% $35.18 Billion $27.53 Billion USA Jun 2026
29627 Kontigo Care AB
ST:KONT 		21.6% Skr51.72 Million
≈ $5.57 Million 		Skr40.54 Million Sweden Sep 2025
29628 Wex Inc
NYSE:WEX 		21.6% $1.34 Billion $1.05 Billion USA Jun 2026
29629 Lafarge Malayan Cement Bhd
KLSE:3794 		21.4% RM7.07 Billion
≈ $1.77 Billion 		RM5.55 Billion Malaysia Sep 2025
29630 Hillenbrand Inc
NYSE:HI 		21.4% $1.42 Billion $1.12 Billion USA Dec 2025
29631 Lammhults Design Group AB (publ)
ST:LAMM-B 		21.3% Skr379.10 Million
≈ $40.80 Million 		Skr298.20 Million Sweden Jun 2026
29632 Hexatronic Group AB
ST:HTRO 		21.3% Skr3.63 Billion
≈ $390.32 Million 		Skr2.86 Billion Sweden Mar 2026
29633 Faron Pharmaceuticals Oy
LSE:FARN 		21.2% GBX1.38 Million
≈ $167.78 		GBX1.09 Million UK Jun 2024
29634 ecotel communication ag
XETRA:E4C 		21.2% €23.72 Million
≈ $27.73 Million 		€18.68 Million Germany Mar 2026
29635 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
29636 Online Brands Nordic AB
ST:OBAB 		21.2% Skr191.40 Million
≈ $20.60 Million 		Skr150.80 Million Sweden Mar 2026
29637 Archtis Ltd
AU:AR9 		21.2% AU$24.92 Million
≈ $17.63 Million 		AU$19.64 Million Australia Dec 2025
29638 MY EG Services Bhd
KLSE:0138 		21.2% RM4.11 Billion
≈ $1.03 Billion 		RM3.24 Billion Malaysia Mar 2026
29639 Sigma Healthcare Ltd
AU:SIG 		21.1% AU$4.89 Billion
≈ $3.46 Billion 		AU$3.86 Billion Australia Oct 2025
29640 Moovly Media Inc
V:MVY 		21.1% CA$896.04K
≈ $648.18K 		CA$706.92K Canada Jun 2017
29641 Biotron Ltd
AU:BIT 		21.1% AU$2.70 Million
≈ $1.91 Million 		AU$2.13 Million Australia Dec 2025
29642 Spenda Ltd
AU:SPX 		21.1% AU$11.04 Million
≈ $7.81 Million 		AU$8.71 Million Australia Dec 2025
29643 Yankuang Energy Group Co Ltd
SHG:600188 		21.0% CN¥118.06 Billion
≈ $17.28 Billion 		CN¥93.28 Billion China Sep 2025
29644 mF International Limited Ordinary Shares
NASDAQ:MFI 		21.0% $22.23 Million $17.57 Million USA Jun 2025
29645 HealWELL AI Inc.
TO:AIDX 		20.9% CA$131.26 Million
≈ $94.96 Million 		CA$103.78 Million Canada Jun 2026
29646 Transcode Therapeutics Inc
NASDAQ:RNAZ 		20.9% $144.52 Million $114.30 Million USA Mar 2026
29647 Bayer AG NA
XETRA:BAYN 		20.9% €26.06 Billion
≈ $30.47 Billion 		€20.62 Billion Germany Dec 2025
29648 Tangiamo Touch Technology AB
ST:TANGI 		20.8% Skr43.80 Million
≈ $4.71 Million 		Skr34.68 Million Sweden Sep 2025
29649 CSL LTD SPON.ADR 2
F:CSJA 		20.8% €20.55 Billion
≈ $24.02 Billion 		€16.28 Billion Germany Dec 2024
29650 TomCo Energy Plc
LSE:TOM 		20.7% GBX5.71 Million
≈ $694.38 		GBX4.53 Million UK Mar 2024
29651 E-Pango SA
PA:ALAGO 		20.7% €1.08 Million
≈ $1.26 Million 		€854.50K France Dec 2022
29652 TELUS International
TO:TIXT 		20.7% CA$1.69 Billion
≈ $1.23 Billion 		CA$1.34 Billion Canada Jun 2025
29653 John Wiley & Sons
NYSE:WLY 		20.7% $749.98 Million $595.10 Million USA Jan 2026
29654 Wisetech Global Ltd
AU:WTC 		20.6% AU$2.73 Billion
≈ $1.93 Billion 		AU$2.17 Billion Australia Dec 2025
29655 Valeo SA
PA:FR 		20.6% €4.07 Billion
≈ $4.76 Billion 		€3.23 Billion France Dec 2025
29656 Nukkleus Inc
NASDAQ:NUKK 		20.6% $7.99 Million $6.34 Million USA Jun 2023
29657 Nukkleus Inc
NASDAQ:NUKKW 		20.6% $7.99 Million $6.34 Million USA Jun 2023
29658 Jiangxi Changyun Co Ltd
SHG:600561 		20.5% CN¥1.12 Billion
≈ $164.30 Million 		CN¥892.20 Million China Mar 2026
29659 Datasea Inc
NASDAQ:DTSS 		20.5% $3.47 Million $2.76 Million USA Dec 2025
29660 Galileo Resources Plc
LSE:GLR 		20.5% GBX13.98 Million
≈ $1.70K 		GBX11.12 Million UK Sep 2025
29661 Emova Group SA
PA:ALEMV 		20.5% €30.07 Million
≈ $35.16 Million 		€23.92 Million France Sep 2025
29662 Buff Technologies Ltd
TA:BUFT 		20.4% ILA514.00K
≈ $1.38K 		ILA409.00K Israel Jun 2024
29663 EVE Health Group Limited
AU:EVE 		20.3% AU$3.76 Million
≈ $2.66 Million 		AU$3.00 Million Australia Dec 2025
29664 RAKUTEN GROUP SPONS.ADR 1
F:RAKA 		20.3% €1.35 Trillion
≈ $1.58 Trillion 		€1.08 Trillion Germany Dec 2025
29665 PSMC CO. Ltd
KQ:024850 		20.3% ₩220.14 Billion
≈ $149.19 Million 		₩175.53 Billion Korea Sep 2025
29666 Complii Fintech Solutions Ltd
AU:CF1 		20.3% AU$5.01 Million
≈ $3.55 Million 		AU$4.00 Million Australia Jun 2025
29667 Nordic Iron Ore
ST:NIO 		20.1% Skr258.38 Million
≈ $27.81 Million 		Skr206.50 Million Sweden Sep 2025
29668 Brinks Company
NYSE:BCO 		20.1% $442.40 Million $353.60 Million USA Jun 2026
29669 Mulberry Group PLC
LSE:MUL 		20.0% GBX10.88 Million
≈ $1.32K 		GBX8.70 Million UK Mar 2024
29670 Groupe Tera SA
PA:ALGTR 		20.0% €2.22 Million
≈ $2.59 Million 		€1.77 Million France Jun 2025
29671 Kentima Holding publ AB
ST:KENH 		19.9% Skr36.91 Million
≈ $3.97 Million 		Skr29.57 Million Sweden Dec 2025
29672 IDREAMSKY TE+H. DL-0001
F:08IA 		19.8% €1.53 Billion
≈ $1.79 Billion 		€1.23 Billion Germany Jun 2025
29673 LIGHTON
PA:ALTAI 		19.8% €4.08 Million
≈ $4.77 Million 		€3.27 Million France Dec 2025
29674 Perrigo Company plc
F:PIG 		19.7% €2.94 Billion
≈ $3.43 Billion 		€2.36 Billion Germany Dec 2025
29675 Check Point Software Technologies Ltd
NASDAQ:CHKP 		19.7% $2.74 Billion $2.20 Billion USA Jun 2026
29676 Alpcot Holding AB Series B
ST:ALPCOT-B 		19.6% Skr119.05 Million
≈ $12.81 Million 		Skr95.67 Million Sweden Mar 2026
29677 Lyckegard Group AB
ST:LYGRD 		19.6% Skr36.02 Million
≈ $3.88 Million 		Skr28.96 Million Sweden Mar 2026
29678 Tomra Systems ASA
OL:TOM 		19.6% Nkr546.00 Million
≈ $57.45 Million 		Nkr439.00 Million Norway Jun 2025
29679 aXichem AB
ST:AXIC-A 		19.5% Skr58.07 Million
≈ $6.25 Million 		Skr46.72 Million Sweden Sep 2025
29680 Shenzhen CAU Technology Co Ltd
SHE:000004 		19.5% CN¥44.24 Million
≈ $6.47 Million 		CN¥35.62 Million China Sep 2025
29681 M&C Saatchi
LSE:SAA 		19.4% GBX39.53 Million
≈ $4.81K 		GBX31.87 Million UK Jun 2025
29682 Orange Belgium SA
BR:OBEL 		19.4% €1.01 Billion
≈ $1.18 Billion 		€813.33 Million Belgium Dec 2025
29683 Geneuro SA
PA:GNRO 		19.4% €1.41 Million
≈ $1.65 Million 		€1.14 Million France Dec 2022
29684 Dlaboratory Sweden AB
ST:DLAB 		19.3% Skr3.24 Million
≈ $348.78K 		Skr2.61 Million Sweden Sep 2025
29685 Huitong Construction Group Co.Ltd.
SHG:603176 		19.3% CN¥1.27 Billion
≈ $186.15 Million 		CN¥1.03 Billion China Jun 2025
29686 Wangneng Environment Co Ltd
SHE:002034 		19.3% CN¥7.57 Billion
≈ $1.11 Billion 		CN¥6.10 Billion China Mar 2026
29687 Tractial S.A.
PA:ALTRA 		19.3% €1.87 Million
≈ $2.19 Million 		€1.51 Million France Jun 2025
29688 Everi Holdings Inc
NYSE:EVRI 		19.2% $264.20 Million $213.47 Million USA Mar 2025
29689 Sozap Publ AB
ST:SOZAP 		19.1% Skr21.24 Million
≈ $2.29 Million 		Skr17.18 Million Sweden Jun 2025
29690 Nexted Group Ltd
AU:NXD 		19.1% AU$20.18 Million
≈ $14.28 Million 		AU$16.33 Million Australia Jun 2025
29691 Change Financial Ltd
AU:CCA 		19.1% AU$7.73 Million
≈ $5.47 Million 		AU$6.25 Million Australia Dec 2025
29692 Global Payments Inc
NYSE:GPN 		19.0% $23.97 Billion $19.41 Billion USA Jun 2026
29693 DUFRY AG UNSP.ADR/010
F:D2JA 		18.9% €2.05 Billion
≈ $2.40 Billion 		€1.66 Billion Germany Dec 2025
29694 Avolta AG
SW:AVOL 		18.9% CHF2.05 Billion
≈ $2.59 Billion 		CHF1.66 Billion Switzerland Dec 2025
29695 Precipio Inc
NASDAQ:PRPO 		18.9% $13.75 Million $11.16 Million USA Sep 2025
29696 Volato Group Inc.
NYSE:SOAR 		18.8% $1.69 Million $1.38 Million USA Mar 2024
29697 Shenzhen Silver Basis Technology Co Ltd
SHE:002786 		18.8% CN¥147.37 Million
≈ $21.57 Million 		CN¥119.71 Million China Mar 2026
29698 Proeduca Altus S.A.
MC:PRO 		18.8% €23.66 Million
≈ $27.66 Million 		€19.22 Million Spain Aug 2024
29699 Roquefort Investments PLC
LSE:ROQ 		18.7% GBX4.75 Million
≈ $578.29 		GBX3.86 Million UK Jun 2025
29700 Gigas Hosting S.A
MC:GIGA 		18.7% €32.12 Million
≈ $37.55 Million 		€26.10 Million Spain Dec 2025