Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

17.0%
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
29801 Sozap Publ AB
ST:SOZAP 		19.1% Skr21.24 Million
≈ $2.29 Million 		Skr17.18 Million Sweden Jun 2025
29802 Nexted Group Ltd
AU:NXD 		19.1% AU$20.18 Million
≈ $14.28 Million 		AU$16.33 Million Australia Jun 2025
29803 Change Financial Ltd
AU:CCA 		19.1% AU$7.73 Million
≈ $5.47 Million 		AU$6.25 Million Australia Dec 2025
29804 Global Payments Inc
NYSE:GPN 		19.0% $23.97 Billion $19.41 Billion USA Jun 2026
29805 Legence Corp. Class A Common stock
NASDAQ:LGN 		19.0% $977.54 Million $792.17 Million USA Jun 2026
29806 Avolta AG
SW:AVOL 		18.9% CHF2.05 Billion
≈ $2.59 Billion 		CHF1.66 Billion Switzerland Dec 2025
29807 Precipio Inc
NASDAQ:PRPO 		18.9% $13.75 Million $11.16 Million USA Sep 2025
29808 Volato Group Inc.
NYSE:SOAR 		18.8% $1.69 Million $1.38 Million USA Mar 2024
29809 Proeduca Altus S.A.
MC:PRO 		18.8% €23.66 Million
≈ $27.66 Million 		€19.22 Million Spain Aug 2024
29810 Tatwah Smartech Co Ltd
SHE:002512 		18.8% CN¥347.66 Million
≈ $50.87 Million 		CN¥282.47 Million China Jun 2026
29811 Roquefort Investments PLC
LSE:ROQ 		18.7% GBX4.75 Million
≈ $578.29 		GBX3.86 Million UK Jun 2025
29812 Gigas Hosting S.A
MC:GIGA 		18.7% €32.12 Million
≈ $37.55 Million 		€26.10 Million Spain Dec 2025
29813 Hubbell Inc
NYSE:HUBB 		18.7% $3.92 Billion $3.19 Billion USA Jun 2026
29814 Wishbone Gold Plc
LSE:WSBN 		18.7% GBX7.23 Million
≈ $879.31 		GBX5.88 Million UK Jun 2025
29815 Hiremii Ltd
AU:HMI 		18.7% AU$288.62K
≈ $204.22K 		AU$234.78K Australia Jun 2025
29816 Nayax Ltd
NASDAQ:NYAX 		18.6% $207.46 Million $168.84 Million USA Sep 2025
29817 Conneqt Health Limited
AU:CQT 		18.6% AU$633.50K
≈ $448.24K 		AU$515.98K Australia Jun 2025
29818 Motorsport Gaming Us LLC
NASDAQ:MSGM 		18.5% $5.24 Million $4.27 Million USA Jun 2026
29819 Dolphin Entertainment Inc
NASDAQ:DLPN 		18.5% $9.69 Million $7.90 Million USA Dec 2025
29820 Verano Holdings Corp
NEO:VRNO 		18.5% CA$674.71 Million
≈ $488.08 Million 		CA$550.12 Million Canada Jun 2026
29821 Stayble Therapeutics AB
ST:STABL 		18.4% Skr6.92 Million
≈ $744.92K 		Skr5.65 Million Sweden Dec 2025
29822 eEducation Albert AB
ST:ALBERT 		18.4% Skr31.45 Million
≈ $3.38 Million 		Skr25.67 Million Sweden Mar 2026
29823 MHP HOTEL AG INH O.N.
F:CDZ0 		18.3% Annual €59.76 Million
≈ $69.87 Million 		€48.83 Million Germany Dec 2025
29824 Sapiens International Corporation NV
TA:SPNS 		18.3% ILA527.19 Million
≈ $1.41 Million 		ILA430.90 Million Israel Sep 2025
29825 Mastercard Inc
NYSE:MA 		18.3% $6.72 Billion $5.50 Billion USA Mar 2026
29826 Lithia Motors Inc
NYSE:LAD 		18.2% $6.41 Billion $5.24 Billion USA Mar 2026
29827 Cecep Environmental Protection Equipment Co Ltd
SHE:300140 		18.2% CN¥14.78 Billion
≈ $2.16 Billion 		CN¥12.09 Billion China Mar 2026
29828 Douglas AG
XETRA:DOU 		18.2% €966.90 Million
≈ $1.13 Billion 		€791.00 Million Germany Jun 2026
29829 BIOCERES CROP SOL.
F:0G4 		18.1% €106.62 Million
≈ $124.65 Million 		€87.29 Million Germany Dec 2025
29830 Kenvue Inc.
NYSE:KVUE 		18.0% $10.63 Billion $8.72 Billion USA Sep 2025
29831 Fluicell AB
ST:FLUI 		18.0% Skr14.21 Million
≈ $1.53 Million 		Skr11.65 Million Sweden Mar 2026
29832 CXApp Inc.
NASDAQ:CXAI 		18.0% $18.05 Million $14.80 Million USA Jun 2026
29833 Voxtur Analytics Corp
V:VXTR 		17.9% CA$22.09 Million
≈ $15.98 Million 		CA$18.13 Million Canada Sep 2024
29834 Largo SAS
PA:ALLGO 		17.9% €1.04 Million
≈ $1.22 Million 		€856.00K France Jun 2025
29835 Afya Ltd
NASDAQ:AFYA 		17.8% $4.92 Billion $4.04 Billion USA Jun 2026
29836 BRC Group Holdings, Inc.
NASDAQ:RILY 		17.8% $136.33 Million $112.04 Million USA Mar 2026
29837 One Media iP Group Plc
LSE:OMIP 		17.8% GBX13.68 Million
≈ $1.66K 		GBX11.25 Million UK Apr 2026
29838 Holley Inc
NYSE:HLLY 		17.8% $449.74 Million $369.75 Million USA Jun 2026
29839 Environmental Clean Technologies Ltd
AU:ECT 		17.8% AU$22.07 Million
≈ $15.62 Million 		AU$18.15 Million Australia Dec 2025
29840 Hennessy Ad
NASDAQ:HNNA 		17.8% $100.02 Million $82.25 Million USA Mar 2026
29841 Telefonica
MC:TEF 		17.6% €10.77 Billion
≈ $12.59 Billion 		€8.87 Billion Spain Jun 2026
29842 XSpray Pharma AB
ST:XSPRAY 		17.6% Skr637.50 Million
≈ $68.60 Million 		Skr525.51 Million Sweden Jun 2026
29843 Transcode Therapeutics Inc
NASDAQ:RNAZ 		17.4% $138.36 Million $114.30 Million USA Jun 2026
29844 Idp Education Ltd
AU:IEL 		17.4% AU$398.85 Million
≈ $282.21 Million 		AU$329.52 Million Australia Jun 2026
29845 VF Corporation
NYSE:VFC 		17.4% $1.78 Billion $1.47 Billion USA Dec 2025
29846 Veolia Environnement VE SA
PA:VIE 		17.3% €9.76 Billion
≈ $11.41 Billion 		€8.06 Billion France Jun 2026
29847 The Hain Celestial Group Inc
NASDAQ:HAIN 		17.3% $215.55 Million $178.29 Million USA Mar 2026
29848 CPU Softwarehouse AG
F:CPU2 		17.1% €2.74 Million
≈ $3.21 Million 		€2.27 Million Germany Dec 2023
29849 Alfa Laval AB
ST:ALFA 		17.0% Skr45.88 Billion
≈ $4.94 Billion 		Skr38.07 Billion Sweden Jun 2026
29850 Lindblad Expeditions Holdings Inc
NASDAQ:LIND 		17.0% $15.94 Million $13.23 Million USA Dec 2021
29851 AFYA LTD. CL.A DL-00005
F:1AY 		17.0% €4.89 Billion
≈ $5.72 Billion 		€4.06 Billion Germany Dec 2025
29852 Fraport AG
XETRA:FRA 		16.9% €5.52 Billion
≈ $6.45 Billion 		€4.58 Billion Germany Jun 2026
29853 Alphawave IP Group PLC
LSE:AWE 		16.9% GBX345.28 Million
≈ $42.01K 		GBX286.80 Million UK Jun 2025
29854 AstraZeneca PLC
F:ZEGA 		16.9% €45.97 Billion
≈ $53.74 Billion 		€38.19 Billion Germany Sep 2025
29855 Outfront Media Inc
NYSE:OUT 		16.9% $720.40 Million $598.50 Million USA Jun 2026
29856 Pod Point Group Holdings PLC
LSE:PODP 		16.9% GBX17.61 Million
≈ $2.14K 		GBX14.63 Million UK Dec 2024
29857 Locafy Ltd
NASDAQ:LCFY 		16.9% $4.47 Million $3.72 Million USA Jun 2026
29858 Triunfo Participações e Investimentos S.A
SA:TPIS3 		16.8% R$833.50 Million
≈ $163.55 Million 		R$693.36 Million Brazil Sep 2025
29859 Redcare Pharmacy NV
XETRA:RDC 		16.7% €468.30 Million
≈ $547.49 Million 		€389.90 Million Germany Mar 2026
29860 Begbies Traynor Group PLC
LSE:BEG 		16.6% GBX80.90 Million
≈ $9.84K 		GBX67.50 Million UK Oct 2025
29861 Pandora A/S
CO:PNDORA 		16.5% Dkr4.02 Billion
≈ $628.96 Million 		Dkr3.36 Billion Denmark Mar 2026
29862 Companhia de Saneamento de Minas Gerais
SA:CSMG3 		16.3% R$8.58 Billion
≈ $1.68 Billion 		R$7.18 Billion Brazil Dec 2025
29863 Qumei Furniture Group Co Ltd
SHG:603818 		16.2% CN¥2.19 Billion
≈ $320.70 Million 		CN¥1.84 Billion China Mar 2026
29864 Moneyme Ltd
AU:MME 		16.2% AU$104.10 Million
≈ $73.66 Million 		AU$87.26 Million Australia Dec 2025
29865 Harvard Bioscience Inc
NASDAQ:HBIO 		16.1% $7.42 Million $6.22 Million USA Jun 2026
29866 11880 Solutions AG
XETRA:TGT 		16.0% €4.70 Million
≈ $5.49 Million 		€3.94 Million Germany Dec 2025
29867 Fonet Bilgi Teknolojileri AS
IS:FONET 		16.0% TL1.51 Billion
≈ $33.85 Million 		TL1.27 Billion Turkey Sep 2025
29868 Betsson AB
ST:BETS-B 		16.0% Skr877.00 Million
≈ $94.38 Million 		Skr736.70 Million Sweden Sep 2025
29869 AMASS Brands Inc. Common Stock
NASDAQ:AMSS 		16.0% $2.18 Million $1.83 Million USA Jun 2026
29870 Greenland Mines Ltd
NASDAQ:GRML 		15.9% $57.90 Million $48.67 Million USA Jun 2026
29871 DCC plc
LSE:DCC 		15.9% GBX2.71 Billion
≈ $329.23K 		GBX2.27 Billion UK Sep 2025
29872 ORTOMA AB B
F:82Y 		15.9% €142.72 Million
≈ $166.85 Million 		€119.98 Million Germany Dec 2025
29873 Ortoma AB Series B
ST:ORT-B 		15.9% Skr142.72 Million
≈ $15.36 Million 		Skr119.98 Million Sweden Dec 2025
29874 Litium AB (publ)
ST:LITI 		15.8% Skr114.19 Million
≈ $12.29 Million 		Skr96.12 Million Sweden Jun 2026
29875 Anyang Iron & Steel Inc
SHG:600569 		15.8% CN¥2.48 Billion
≈ $363.46 Million 		CN¥2.09 Billion China Jun 2026
29876 Carlisle Companies Incorporated
NYSE:CSL 		15.7% $1.65 Billion $1.39 Billion USA Mar 2026
29877 Painreform Ltd
NASDAQ:PRFX 		15.7% $8.44 Million $7.12 Million USA Sep 2025
29878 Kip Mcgrath Education Centres Ltd
AU:KME 		15.7% AU$19.05 Million
≈ $13.48 Million 		AU$16.07 Million Australia Dec 2025
29879 TRELLUS HEALTH LS -0006
F:85Q 		15.6% €8.71 Million
≈ $10.18 Million 		€7.35 Million Germany Jun 2025
29880 Senzime AB
ST:SEZI 		15.6% Skr263.84 Million
≈ $28.39 Million 		Skr222.81 Million Sweden Jun 2026
29881 Zee Media Corporation Limited
NSE:ZEEMEDIA 		15.5% Rs2.24 Billion
≈ $24.20 Million 		Rs1.89 Billion India Mar 2026
29882 IMAC Holdings Inc
NASDAQ:BACK 		15.5% $1.03 Million $868.99K USA Sep 2023
29883 Rent the Runway Inc
NASDAQ:RENT 		15.5% $7.10 Million $6.00 Million USA Jul 2022
29884 CSW Industrials, Inc.
NYSE:CSW 		15.5% $1.09 Billion $918.07 Million USA Dec 2025
29885 Herc Holdings Inc
NYSE:HRI 		15.4% $1.89 Billion $1.60 Billion USA Jun 2026
29886 Cosan SA ADR
NYSE:CSAN 		15.4% $29.39 Billion $24.87 Billion USA Mar 2026
29887 COSAN S.A. SP.ADR 1/4
F:9CI0 		15.4% €29.39 Billion
≈ $34.36 Billion 		€24.87 Billion Germany Mar 2026
29888 MotorK Ltd
AS:MTRK 		15.4% €23.61 Million
≈ $27.61 Million 		€19.99 Million Netherlands Dec 2025
29889 OSE Pharma SA
PA:OSE 		15.3% €50.60 Million
≈ $59.16 Million 		€42.84 Million France Jun 2025
29890 Smartiks Yazilim AS
IS:SMART 		15.3% TL385.70 Million
≈ $8.64 Million 		TL326.61 Million Turkey Mar 2025
29891 Adisyn Ltd
AU:AI1 		15.2% AU$45.66 Million
≈ $32.31 Million 		AU$38.71 Million Australia Dec 2025
29892 Heliospectra publ AB
ST:HELIO 		15.2% Skr13.75 Million
≈ $1.48 Million 		Skr11.67 Million Sweden Mar 2026
29893 Helium One Global Ltd
LSE:HE1 		15.2% GBX65.56 Million
≈ $7.98K 		GBX55.62 Million UK Dec 2025
29894 Tianjin Capital Environmental Protection Group Co Ltd
SHG:600874 		15.1% CN¥11.69 Billion
≈ $1.71 Billion 		CN¥9.93 Billion China Mar 2026
29895 Tianjin Capital Environmental Protection Group Company Limited
F:TIA 		15.1% €11.69 Billion
≈ $13.67 Billion 		€9.93 Billion Germany Mar 2026
29896 Antero Midstream Partners LP
NYSE:AM 		15.1% $1.95 Billion $1.65 Billion USA Jun 2026
29897 Evertec Inc
NYSE:EVTC 		15.1% $719.08 Million $610.78 Million USA Jun 2026
29898 Cullen Resources Ltd
AU:CUL 		14.9% AU$5.58 Million
≈ $3.95 Million 		AU$4.75 Million Australia Dec 2025
29899 Overactive Media Corp
V:OAM 		14.8% CA$39.82 Million
≈ $28.80 Million 		CA$33.91 Million Canada Jun 2026
29900 Cyviz AS
OL:CYVIZ 		14.7% Nkr92.42 Million
≈ $9.72 Million 		Nkr78.81 Million Norway Sep 2025