Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

-10.5%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
30001 Italy Innovazioni SpA
PA:MLITN 		-6.8% €3.94 Million
≈ $4.61 Million 		€4.21 Million France Jun 2025
30002 Starz Entertainment LLC
NASDAQ:STRZ 		-7.0% $646.00 Million $690.90 Million USA Dec 2025
30003 Magnum Bhd
KLSE:3859 		-7.0% RM2.56 Billion
≈ $642.67 Million 		RM2.74 Billion Malaysia Mar 2026
30004 THG Holdings PLC
LSE:THG 		-7.0% GBX425.22 Million
≈ $51.74K 		GBX454.97 Million UK Dec 2025
30005 Duxton Water Ltd
AU:D2O 		-7.0% AU$213.58 Million
≈ $151.12 Million 		AU$228.54 Million Australia Jun 2025
30006 GlaxoSmithKline PLC
LSE:GSK 		-7.1% GBX15.75 Billion
≈ $1.92 Million 		GBX16.86 Billion UK Sep 2025
30007 GlaxoSmithKline plc
MX:GSKN 		-7.1% MX$15.75 Billion
≈ $906.53 Million 		MX$16.86 Billion Mexico Sep 2025
30008 Viva Energy Group Ltd
AU:VEA 		-7.4% AU$1.67 Billion
≈ $1.18 Billion 		AU$1.79 Billion Australia Jun 2025
30009 Procaps Group SA
NASDAQ:PROC 		-7.4% $38.45 Million $41.31 Million USA Sep 2023
30010 Companhia de Saneamento Básico do Estado de São Paulo - SABESP
SA:SBSP3 		-7.5% R$42.71 Billion
≈ $8.38 Billion 		R$45.89 Billion Brazil Sep 2025
30011 Coats Group PLC
LSE:COA 		-7.5% GBX411.50 Million
≈ $50.07K 		GBX442.20 Million UK Jun 2025
30012 Latécoère S.A.
PA:LAT 		-7.5% €88.70 Million
≈ $103.70 Million 		€95.34 Million France Dec 2025
30013 Ecofibre Ltd
AU:EOF 		-7.6% AU$25.15 Million
≈ $17.80 Million 		AU$27.05 Million Australia Dec 2024
30014 Keras Resources PLC
LSE:KRS 		-7.6% GBX3.06 Million
≈ $372.44 		GBX3.29 Million UK Jun 2025
30015 FREYR Battery SA
NYSE:FREY 		-7.8% $251.21 Million $270.69 Million USA Mar 2025
30016 Oncoclinicas do Brasil
SA:ONCO3 		-7.9% R$1.20 Billion
≈ $235.17 Million 		R$1.29 Billion Brazil Sep 2025
30017 Alumexx N.V.
AS:ALX 		-7.9% €4.96 Million
≈ $5.80 Million 		€5.35 Million Netherlands Dec 2025
30018 PZ Cussons PLC
LSE:PZC 		-8.3% GBX233.80 Million
≈ $28.45K 		GBX253.20 Million UK Nov 2025
30019 Brickability Group Plc
LSE:BRCK 		-8.3% GBX189.96 Million
≈ $23.11K 		GBX205.81 Million UK Sep 2025
30020 Braiin Limited Common Stock
NASDAQ:BRAI 		-8.4% $224.31 Million $243.07 Million USA Jun 2025
30021 Clean Motion AB
ST:CLEMO 		-8.5% Skr41.73 Million
≈ $4.49 Million 		Skr45.28 Million Sweden Dec 2025
30022 Bajaj Mobility AG
VI:BMAG 		-8.6% €385.24 Million
≈ $450.38 Million 		€418.36 Million Austria Dec 2025
30023 LivePerson Inc
NASDAQ:LPSN 		-8.7% $45.91 Million $49.90 Million USA Sep 2024
30024 Gauzy Ltd. Ordinary Shares
NASDAQ:GAUZ 		-8.8% $17.86 Million $19.43 Million USA Jun 2025
30025 BF Utilities Limited
NSE:BFUTILITIE 		-8.8% Rs11.71 Billion
≈ $126.65 Million 		Rs12.75 Billion India Sep 2025
30026 Your Family Entertainment AG
F:RTV 		-9.0% €16.72 Million
≈ $19.55 Million 		€18.22 Million Germany Dec 2024
30027 Peloton Interactive Inc
NASDAQ:PTON 		-9.2% $30.50 Million $33.30 Million USA Dec 2022
30028 Intelligent Monitoring Group Ltd
AU:IMB 		-9.3% AU$49.71 Million
≈ $35.18 Million 		AU$54.33 Million Australia Dec 2025
30029 Realfiction Holding AB
ST:REALFI 		-9.3% Skr51.33 Million
≈ $5.52 Million 		Skr56.09 Million Sweden Sep 2025
30030 Australian Clinical Labs Ltd
AU:ACL 		-9.3% AU$151.04 Million
≈ $106.87 Million 		AU$165.09 Million Australia Dec 2025
30031 Azevedo & Travassos S.A
SA:AZEV3 		-9.4% R$111.70 Million
≈ $21.92 Million 		R$122.19 Million Brazil Dec 2025
30032 Fortrea Holdings Inc.
NASDAQ:FTRE 		-9.4% $580.80 Million $635.40 Million USA Sep 2025
30033 Guild Holdings Co
NYSE:GHLD 		-9.5% $1.24 Billion $1.36 Billion USA Sep 2025
30034 PLUXEE NV
PA:PLX 		-9.6% €470.00 Million
≈ $549.48 Million 		€515.00 Million France Aug 2025
30035 Compass Inc
NYSE:COMP 		-9.6% $2.83 Billion $3.10 Billion USA Mar 2026
30036 Asia Aviation Public Company Limited
F:55AA 		-9.6% €13.56 Billion
≈ $15.85 Billion 		€14.86 Billion Germany Dec 2025
30037 Heeros Oyj
HE:HEEROS 		-9.6% €7.90 Million
≈ $9.24 Million 		€8.66 Million Finland Dec 2024
30038 Lagardere SCA
PA:MMB 		-9.6% €905.00 Million
≈ $1.06 Billion 		€992.00 Million France Jun 2025
30039 Alimak Hek Group AB
ST:ALIG 		-9.7% Skr7.20 Billion
≈ $774.30 Million 		Skr7.89 Billion Sweden Dec 2025
30040 COG Financial Services Ltd
AU:COG 		-9.7% AU$201.53 Million
≈ $142.59 Million 		AU$221.06 Million Australia Dec 2025
30041 Rivco Australia Ltd
AU:RIV 		-9.8% AU$209.88 Million
≈ $148.51 Million 		AU$230.54 Million Australia Dec 2025
30042 Nido Education Ltd
AU:NDO 		-9.9% AU$112.49 Million
≈ $79.59 Million 		AU$123.61 Million Australia Jun 2025
30043 Xilam Animation
PA:XIL 		-10.0% €51.40 Million
≈ $60.09 Million 		€56.53 Million France Dec 2024
30044 Stagwell Inc
NASDAQ:STGW 		-10.2% $746.83 Million $822.84 Million USA Mar 2026
30045 Kid ASA
OL:KID 		-10.2% Nkr1.45 Billion
≈ $152.77 Million 		Nkr1.60 Billion Norway Dec 2025
30046 Progress Software Corporation
NASDAQ:PRGS 		-10.2% $498.80 Million $549.76 Million USA Feb 2026
30047 Lenovo Group Limited
F:LHL1 		-10.2% €7.49 Billion
≈ $8.76 Billion 		€8.26 Billion Germany Sep 2025
30048 Medhelp Care AB
ST:MEDHLP 		-10.3% Skr32.02 Million
≈ $3.45 Million 		Skr35.32 Million Sweden Jun 2025
30049 AKKO Invest Nyrt
BUD:AKKO 		-10.3% Ft9.59 Billion
≈ $29.78 Million 		Ft10.58 Billion Hungary Dec 2024
30050 Healthcare Triangle Inc
NASDAQ:HCTI 		-10.4% $52.70 Million $58.16 Million USA Mar 2026
30051 Ramsay Health Care Ltd
AU:RHC 		-10.4% AU$5.72 Billion
≈ $4.05 Billion 		AU$6.32 Billion Australia Dec 2025
30052 CURATIS N AG
SW:CURN 		-10.4% CHF44.56 Million
≈ $56.34 Million 		CHF49.19 Million Switzerland Jun 2025
30053 biote Corp
NASDAQ:BTMD 		-10.4% $4.12 Million $4.55 Million USA Dec 2021
30054 Pernod Ricard S.A.
PA:RI 		-10.4% €16.23 Billion
≈ $18.97 Billion 		€17.92 Billion France Jun 2025
30055 Celsius Holdings Inc
NASDAQ:CELH 		-10.8% $1.25 Billion $1.39 Billion USA Mar 2026
30056 Topicus.com Inc
V:TOI 		-10.8% CA$826.36 Million
≈ $597.78 Million 		CA$915.65 Million Canada Jun 2025
30057 Wonders Information
SHE:300168 		-10.9% CN¥1.01 Billion
≈ $148.23 Million 		CN¥1.12 Billion China Mar 2026
30058 Egetis Therapeutics AB (publ)
ST:EGTX 		-11.0% Skr355.10 Million
≈ $38.21 Million 		Skr394.00 Million Sweden Jun 2025
30059 Columbus McKinnon Corporation
NASDAQ:CMCO 		-11.1% $1.45 Billion $1.61 Billion USA Mar 2026
30060 Flight Centre Travel Group Ltd
AU:FLT 		-11.1% AU$1.18 Billion
≈ $836.77 Million 		AU$1.31 Billion Australia Dec 2025
30061 Triumph Group Inc
NYSE:TGI 		-11.2% $456.57 Million $507.68 Million USA Mar 2018
30062 Strawberry Fields REIT LLC
NYSE MKT:STRW 		-11.2% $62.62 Million $69.66 Million USA Sep 2025
30063 BEYOND FRAMES ENTMT AB
F:8WP 		-11.4% €65.28 Million
≈ $76.32 Million 		€72.69 Million Germany Dec 2025
30064 Stryker Corporation
NYSE:SYK 		-11.4% $22.42 Billion $24.97 Billion USA Dec 2025
30065 San Juan Basin Royalty Trust
NYSE:SJT 		-11.4% $2.40 Million $2.68 Million USA Sep 2025
30066 Travere Therapeutics Inc
NASDAQ:TVTX 		-11.5% $98.73 Million $110.04 Million USA Mar 2026
30067 4iG Nyrt.
BUD:4IG 		-11.5% Ft355.06 Billion
≈ $1.10 Billion 		Ft395.77 Billion Hungary Sep 2025
30068 Lleidanetworks Serveis Telematics SA
MC:LLN 		-11.5% €5.04 Million
≈ $5.90 Million 		€5.63 Million Spain Jun 2025
30069 Campbell’s Co
NYSE:CPB 		-11.6% $3.90 Billion $4.36 Billion USA Jul 2025
30070 Getinge AB ser. B
ST:GETI-B 		-11.6% Skr31.04 Billion
≈ $3.34 Billion 		Skr34.66 Billion Sweden Mar 2026
30071 TERACT EO 1
F:6O8 		-11.8% €126.70 Million
≈ $148.13 Million 		€141.60 Million Germany Dec 2025
30072 One Group Hospitality Inc
NASDAQ:STKS 		-11.8% $115.36 Million $128.94 Million USA Mar 2026
30073 Verisk Analytics Inc
NASDAQ:VRSK 		-11.9% $309.80 Million $346.60 Million USA Dec 2025
30074 Cars.com Inc
NYSE:CARS 		-12.0% $460.75 Million $516.13 Million USA Mar 2026
30075 Perpetual Ltd
AU:PPT 		-12.1% AU$1.61 Billion
≈ $1.14 Billion 		AU$1.81 Billion Australia Dec 2025
30076 OSR Holdings Inc
NASDAQ:OSRH 		-12.1% $127.04 Million $142.46 Million USA Dec 2025
30077 Property Franchise Group PLC
LSE:TPFG 		-12.1% GBX155.04 Million
≈ $18.86K 		GBX173.87 Million UK Dec 2025
30078 Beijing Capital Co Ltd
SHG:600008 		-12.2% CN¥40.15 Billion
≈ $5.87 Billion 		CN¥45.06 Billion China Mar 2026
30079 Equatorial Energia S.A
SA:EQTL3 		-12.4% R$28.20 Billion
≈ $5.53 Billion 		R$31.69 Billion Brazil Mar 2026
30080 FMC Corporation
NYSE:FMC 		-12.5% $2.10 Billion $2.36 Billion USA Dec 2025
30081 Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 		-12.7% CN¥6.64 Billion
≈ $971.17 Million 		CN¥7.48 Billion China Sep 2025
30082 Global Health Ltd
AU:GLH 		-13.0% AU$3.70 Million
≈ $2.62 Million 		AU$4.18 Million Australia Dec 2022
30083 CI Games SA
WAR:CIG 		-13.0% zł227.90 Million
≈ $62.72 Million 		zł257.45 Million Poland Mar 2026
30084 MicroStrategy Incorporated
NASDAQ:MSTR 		-13.2% $45.64 Billion $51.65 Billion USA Mar 2026
30085 Gorman-Rupp Company
NYSE:GRC 		-13.3% $414.72 Million $470.04 Million USA Dec 2025
30086 Societatea Nationala de Transport Gaze Naturale Transgaz SA
RO:TGN 		-13.5% RON4.71 Billion
≈ $1.08 Billion 		RON5.35 Billion Romania Jun 2025
30087 S.ENER.ELEC.SP.GDR REGS 1
F:ECEA 		-13.5% €6.06 Billion
≈ $7.08 Billion 		€6.88 Billion Germany Jun 2025
30088 DGB Group NV
AS:DGB 		-13.5% €26.33 Million
≈ $30.78 Million 		€29.89 Million Netherlands Jun 2024
30089 Inwido AB
ST:INWI 		-13.6% Skr5.55 Billion
≈ $596.82 Million 		Skr6.30 Billion Sweden Mar 2026
30090 Northbaze Group AB
ST:NBZ 		-13.7% Skr71.78 Million
≈ $7.72 Million 		Skr81.58 Million Sweden Sep 2025
30091 Medicalg
WAR:MDG 		-13.7% zł62.94 Million
≈ $17.32 Million 		zł71.55 Million Poland Mar 2026
30092 Bitcoin Well Inc
V:BTCW 		-13.8% CA$4.00 Million
≈ $2.90 Million 		CA$4.55 Million Canada Mar 2022
30093 CLEAN TEQ WATER LTD
F:9NK 		-13.8% €3.98 Million
≈ $4.65 Million 		€4.53 Million Germany Jun 2025
30094 ProPhase Labs Inc
NASDAQ:PRPH 		-13.9% $6.86 Million $7.81 Million USA Sep 2025
30095 Deutsche Börse AG
XETRA:DB1 		-14.1% €10.77 Billion
≈ $12.59 Billion 		€12.29 Billion Germany Sep 2025
30096 Orior AG
SW:ORON 		-14.3% CHF31.95 Million
≈ $40.39 Million 		CHF36.52 Million Switzerland Jun 2025
30097 Cleanaway Waste Management Ltd
AU:CWY 		-14.4% AU$3.03 Billion
≈ $2.14 Billion 		AU$3.47 Billion Australia Dec 2025
30098 Asia Aviation Public Company Limited
BK:AAV-R 		-14.5% ฿12.98 Billion
≈ $404.60 Million 		฿14.86 Billion Thailand Jun 2025
30099 PostNL NV
AS:PNL 		-14.5% €179.00 Million
≈ $209.27 Million 		€205.00 Million Netherlands Dec 2025
30100 Stanley Black & Decker Inc
NYSE:SWK 		-14.6% $9.05 Billion $10.37 Billion USA Dec 2025