Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

24.7%
Across companies on this page

Companies with Data

31,564
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 Oncozenge AB
ST:ONCOZ 		26.4% Skr9.30 Million
≈ $1.00 Million 		Skr6.85 Million Sweden Sep 2025
29602 Team Internet Group PLC
LSE:TIG 		26.4% GBX91.40 Million
≈ $11.12K 		GBX67.30 Million UK Jun 2025
29603 Tecan Group AG
SW:TECN 		26.4% CHF1.28 Billion
≈ $1.62 Billion 		CHF944.04 Million Switzerland Jun 2025
29604 Cloudcoco Group PLC
LSE:CLCO 		26.3% GBX688.00K
≈ $83.71 		GBX507.00K UK Mar 2025
29605 Chemtrade Logistics Income Fund
TO:CHE-UN 		26.3% CA$754.65 Million
≈ $545.90 Million 		CA$556.12 Million Canada Sep 2025
29606 Stille AB
ST:STIL 		26.2% Skr692.75 Million
≈ $74.55 Million 		Skr510.96 Million Sweden Sep 2025
29607 Renk Group AG
XETRA:R3NK 		26.2% €436.52 Million
≈ $510.34 Million 		€322.04 Million Germany Sep 2025
29608 Trakm8 Holdings PLC
LSE:TRAK 		26.2% GBX18.09 Million
≈ $2.20K 		GBX13.35 Million UK Sep 2024
29609 Ads Tec Energy PLC
NASDAQ:ADSE 		26.2% $33.92 Million $25.04 Million USA Mar 2024
29610 EML Payments Ltd
AU:EML 		26.1% AU$147.70 Million
≈ $104.50 Million 		AU$109.11 Million Australia Dec 2025
29611 Coherus BioSciences Inc
NASDAQ:CHRS 		26.1% $60.84 Million $44.99 Million USA Jun 2026
29612 Bharti Hexacom Ltd
NSE:BHARTIHEXA 		26.0% Rs76.47 Billion
≈ $827.03 Million 		Rs56.57 Billion India Jun 2026
29613 Impedimed Ltd
AU:IPD 		26.0% AU$10.19 Million
≈ $7.21 Million 		AU$7.54 Million Australia Jun 2026
29614 Hitit Bilgisayar Hizmetleri AS
IS:HTTBT 		26.0% TL2.78 Billion
≈ $62.20 Million 		TL2.06 Billion Turkey Sep 2025
29615 Kanabo Group PLC
LSE:KNB 		25.9% GBX5.91 Million
≈ $718.95 		GBX4.38 Million UK Jun 2024
29616 VivoPower International PLC
NASDAQ:VVPR 		25.9% $20.10 Million $14.91 Million USA Sep 2025
29617 Telechips Inc
KQ:054450 		25.8% ₩190.18 Billion
≈ $128.88 Million 		₩141.20 Billion Korea Sep 2025
29618 Panoro Energy ASA
F:1PZ 		25.7% €223.07 Million
≈ $260.79 Million 		€165.63 Million Germany Dec 2025
29619 ASTELLAS PHARMA UNSP.ADR
F:YPHA 		25.7% €1.51 Trillion
≈ $1.77 Trillion 		€1.12 Trillion Germany Mar 2025
29620 Moleculin Biotech Inc
NASDAQ:MBRX 		25.7% $15.01 Million $11.15 Million USA Dec 2025
29621 Oxford BioMedica PLC
LSE:OXB 		25.7% GBX32.73 Million
≈ $3.98K 		GBX24.32 Million UK Jun 2025
29622 HWA AG
F:H9W 		25.7% €10.84 Million
≈ $12.67 Million 		€8.06 Million Germany Dec 2024
29623 Lifetime Brands Inc
NASDAQ:LCUT 		25.7% $184.65 Million $137.27 Million USA Sep 2025
29624 Centuria Capital Group
AU:CNI 		25.6% AU$1.50 Billion
≈ $1.06 Billion 		AU$1.11 Billion Australia Dec 2025
29625 Soluciones Cuatroochenta S.L.
MC:480S 		25.5% €12.80 Million
≈ $14.97 Million 		€9.53 Million Spain Jun 2025
29626 Fras-le S.A
SA:FRAS3 		25.5% R$2.43 Billion
≈ $477.13 Million 		R$1.81 Billion Brazil Sep 2025
29627 Liberty Tripadvisor Holdings Inc
NASDAQ:LTRPB 		25.4% $668.00 Million $498.00 Million USA Dec 2024
29628 Liberty TripAdvisor Holdings, Inc
NASDAQ:LTRPA 		25.4% $668.00 Million $498.00 Million USA Dec 2024
29629 Global Blue Group Holding Ltd
NYSE:GB 		25.4% $144.18 Million $107.61 Million USA Mar 2025
29630 Tempus AI, Inc. Class A Common Stock
NASDAQ:TEM 		25.3% $444.93 Million $332.23 Million USA Jun 2026
29631 Fobi AI Inc
V:FOBI 		25.2% CA$2.61 Million
≈ $1.89 Million 		CA$1.95 Million Canada Mar 2024
29632 KidariStudio Inc
KO:020120 		25.2% ₩203.89 Billion
≈ $138.18 Million 		₩152.51 Billion Korea Sep 2025
29633 Snipp Interactive Inc
V:SPN 		25.2% CA$4.46 Million
≈ $3.23 Million 		CA$3.34 Million Canada Mar 2026
29634 Venzee Technologies Inc
V:VENZ 		25.2% CA$7.29 Million
≈ $5.27 Million 		CA$5.45 Million Canada Dec 2025
29635 Tubos Reunidos S.A
MC:TRG 		25.2% €4.58 Million
≈ $5.36 Million 		€3.43 Million Spain Jun 2025
29636 AstraZeneca PLC
NYSE:AZN 		25.1% $50.31 Billion $37.68 Billion USA Jun 2026
29637 AstraZeneca PLC
LSE:AZN 		25.1% GBX50.63 Billion
≈ $6.16 Million 		GBX37.92 Billion UK Jun 2026
29638 Anhui Zhonghuan Environmental Protection Technology Co Ltd
SHE:300692 		25.1% CN¥3.44 Billion
≈ $502.73 Million 		CN¥2.57 Billion China Jun 2026
29639 BICO Group AB
ST:BICO 		25.1% Skr1.81 Billion
≈ $194.97 Million 		Skr1.36 Billion Sweden Aug 2025
29640 Penn National Gaming Inc
NASDAQ:PENN 		25.0% $1.85 Billion $1.39 Billion USA Jun 2026
29641 Brand 24 SA
WAR:B24 		25.0% zł13.78 Million
≈ $3.79 Million 		zł10.33 Million Poland Sep 2025
29642 Elders Ltd
AU:ELD 		25.0% AU$1.25 Billion
≈ $881.11 Million 		AU$933.92 Million Australia Mar 2026
29643 RaySearch Laboratories AB (publ)
ST:RAY-B 		25.0% Skr788.30 Million
≈ $84.83 Million 		Skr591.30 Million Sweden Jun 2026
29644 Magic Software Enterprises Ltd
TA:MGIC 		25.0% ILA300.83 Million
≈ $806.51K 		ILA225.70 Million Israel Sep 2025
29645 Karnov Group AB
ST:KAR 		25.0% Skr2.67 Billion
≈ $287.46 Million 		Skr2.00 Billion Sweden Mar 2026
29646 Mendus AB (publ)
ST:IMMU 		25.0% Skr565.14 Million
≈ $60.82 Million 		Skr424.09 Million Sweden Mar 2026
29647 Oracle Coalfields Plc
LSE:ORCP 		24.9% GBX6.85 Million
≈ $833.24 		GBX5.14 Million UK Dec 2025
29648 Vitec Software Group AB (publ)
ST:VIT-B 		24.9% Skr5.07 Billion
≈ $546.02 Million 		Skr3.81 Billion Sweden Jun 2026
29649 Alpine 4 Holdings Inc
NASDAQ:ALPP 		24.8% $20.59 Million $15.48 Million USA Mar 2024
29650 Retail Food Group Ltd
AU:RFG 		24.8% AU$196.93 Million
≈ $139.34 Million 		AU$148.12 Million Australia Dec 2025
29651 Corline Biomedical AB
ST:CLBIO 		24.8% Skr99.00 Million
≈ $10.65 Million 		Skr74.47 Million Sweden Jun 2026
29652 Alnylam Pharmaceuticals Inc
NASDAQ:ALNY 		24.8% $789.18 Million $593.73 Million USA Dec 2025
29653 Waystream Holding AB (publ)
ST:WAYS 		24.7% Skr94.78 Million
≈ $10.20 Million 		Skr71.41 Million Sweden Jun 2026
29654 IQVIA Holdings Inc
NYSE:IQV 		24.6% $6.30 Billion $4.75 Billion USA Jun 2026
29655 Biosynex
PA:ALBIO 		24.6% €44.31 Million
≈ $51.80 Million 		€33.40 Million France Jun 2025
29656 Centrepoint Alliance Ltd
AU:CAF 		24.6% AU$34.68 Million
≈ $24.54 Million 		AU$26.14 Million Australia Dec 2025
29657 Deveron UAS Corp
V:FARM 		24.5% CA$29.15 Million
≈ $21.09 Million 		CA$22.01 Million Canada Mar 2024
29658 Embraer S.A.
NYSE:EMBJ 		24.5% $3.66 Billion $2.77 Billion USA Mar 2026
29659 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
29660 Matriks Bilgi Dagitim Hizmetleri AS
IS:MTRKS 		24.4% TL824.54 Million
≈ $18.47 Million 		TL623.12 Million Turkey Sep 2025
29661 Mesoblast Ltd
AU:MSB 		24.4% AU$574.68 Million
≈ $406.63 Million 		AU$434.35 Million Australia Dec 2025
29662 Mesoblast Limited
F:LWB 		24.4% €574.68 Million
≈ $671.87 Million 		€434.35 Million Germany Dec 2025
29663 Europris ASA
OL:EPR 		24.4% Nkr4.32 Billion
≈ $454.27 Million 		Nkr3.26 Billion Norway Dec 2025
29664 Venus Concept Inc
NASDAQ:VERO 		24.2% $3.13 Million $2.38 Million USA Sep 2025
29665 Candles Scandinavia AB Series B
ST:CANDLE-B 		24.2% Skr147.85 Million
≈ $15.91 Million 		Skr112.13 Million Sweden Jan 2026
29666 Shenzhen Expressway Company Limited
F:SHZH 		24.2% €32.55 Billion
≈ $38.05 Billion 		€24.68 Billion Germany Mar 2026
29667 Chart Industries Inc
NYSE:GTLS 		24.1% $3.37 Billion $2.56 Billion USA Sep 2025
29668 Zabka Group S.A.
WAR:ZAB 		24.1% zł1.54 Billion
≈ $423.99 Million 		zł1.17 Billion Poland Jun 2025
29669 MSCI Inc
NYSE:MSCI 		24.0% $378.44 Million $287.44 Million USA Sep 2018
29670 Mesoblast Ltd
NASDAQ:MESO 		24.0% $568.40 Million $431.92 Million USA Jun 2026
29671 Compumedics Ltd
AU:CMP 		24.0% AU$21.82 Million
≈ $15.44 Million 		AU$16.59 Million Australia Jun 2025
29672 Grupo Aeroportuario del Pacífico S.A.B. de C.V
F:G9N 		24.0% €55.26 Billion
≈ $64.61 Billion 		€42.00 Billion Germany Jun 2026
29673 MEDAPP S.A. ZY -10
F:WQ1 		23.9% €26.82 Million
≈ $31.35 Million 		€20.39 Million Germany Dec 2025
29674 Shenzhen Hifuture Electric
SHE:002168 		23.9% CN¥48.58 Million
≈ $7.11 Million 		CN¥36.94 Million China Jun 2026
29675 GIGLIO.COM S.P.A. O.N.
F:5JR0 		23.9% €7.84 Million
≈ $9.17 Million 		€5.97 Million Germany Dec 2024
29676 Diebold Nixdorf, Incorporated
NYSE:DBD 		23.9% $976.50 Million $743.20 Million USA Jun 2026
29677 MilDef Group AB
ST:MILDEF 		23.8% Skr1.66 Billion
≈ $178.41 Million 		Skr1.26 Billion Sweden Jun 2026
29678 Ortel Communications Limited
NSE:ORTEL 		23.6% Rs206.47 Million
≈ $2.23 Million 		Rs157.65 Million India Mar 2018
29679 Ordinary Fully Paid Deferred Settlement
AU:1TTDB 		23.6% AU$2.13 Million
≈ $1.51 Million 		AU$1.63 Million Australia Dec 2024
29680 Essensys PLC
LSE:ESYS 		23.6% GBX9.30 Million
≈ $1.13K 		GBX7.11 Million UK Jan 2026
29681 Altshuler Shaham Financial LTD
TA:ALTF 		23.5% ILA628.58 Million
≈ $1.69 Million 		ILA480.58 Million Israel Jun 2026
29682 News Network Corporation Public Company Limited
BK:NEWS 		23.5% ฿979.75 Million
≈ $30.54 Million 		฿749.07 Million Thailand Sep 2025
29683 Rosebank Industries PLC
LSE:ROSE 		23.5% GBX1.57 Billion
≈ $191.02K 		GBX1.20 Billion UK Dec 2025
29684 Fragbite Group AB
ST:FRAG 		23.5% Skr56.76 Million
≈ $6.11 Million 		Skr43.43 Million Sweden Jun 2026
29685 Shenzhen Expressway Co Ltd
SHG:600548 		23.4% CN¥31.97 Billion
≈ $4.68 Billion 		CN¥24.49 Billion China Jun 2026
29686 Heritage Distilling Holding Company, Inc.
NASDAQ:IPST 		23.4% $32.41 Million $24.84 Million USA Mar 2026
29687 Profoto Holding AB
ST:PRFO 		23.3% Skr360.00 Million
≈ $38.74 Million 		Skr276.00 Million Sweden Jun 2026
29688 Emergent Biosolutions Inc
NYSE:EBS 		23.3% $341.40 Million $261.80 Million USA Jun 2026
29689 Alm. Brand
CO:ALMB 		23.3% Dkr11.97 Billion
≈ $1.87 Billion 		Dkr9.18 Billion Denmark Dec 2025
29690 Mlk Foods Public Company Ltd
WAR:MLK 		23.2% zł2.10 Million
≈ $578.23K 		zł1.61 Million Poland Sep 2018
29691 Guangdong Shunkong Development Co Ltd
SHE:003039 		23.2% CN¥3.78 Billion
≈ $553.04 Million 		CN¥2.90 Billion China Sep 2025
29692 Sildarvinnslan Hf.
IC:SVN 		23.2% Ikr686.88 Million
≈ $5.60 Million 		Ikr527.85 Million Iceland Jun 2025
29693 Donegal Group B Inc
NASDAQ:DGICB 		23.1% $1.25 Billion $958.01 Million USA Mar 2026
29694 GREMI MEDIA S.A. ZY 4
F:4C8 		23.1% €78.48 Million
≈ $91.76 Million 		€60.32 Million Germany Mar 2026
29695 BigBen Interactive
PA:BIG 		23.1% €338.93 Million
≈ $396.24 Million 		€260.52 Million France Mar 2025
29696 Yaxing Chem
SHG:600319 		23.0% CN¥329.64 Million
≈ $48.24 Million 		CN¥253.83 Million China Jun 2026
29697 Movinn AS
CO:MOVINN 		22.9% Dkr5.31 Million
≈ $831.10K 		Dkr4.09 Million Denmark Jun 2026
29698 Companhia Paranaense de Energia - COPEL
NYSE:ELPC 		22.9% $24.44 Billion $18.84 Billion USA Mar 2026
29699 Companhia Paranaense de Energia - COPEL
SA:CPLE3 		22.9% R$24.75 Billion
≈ $4.86 Billion 		R$19.08 Billion Brazil Mar 2026
29700 Cheffelo AB
ST:CHEF 		22.9% Skr423.01 Million
≈ $45.52 Million 		Skr326.35 Million Sweden Sep 2025