Wendel (MF) — Tangible Net Worth Ratio

Latest as of December 2025: 70.1%

Wendel (MF) has a Tangible Net Worth Ratio of 70.1% as of December 2025. This metric is calculated by deducting intangible assets (€1.62 Billion) from net assets (€5.44 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Wendel net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

70.1%
Tangible equity / total equity

Net Assets (Equity)

€5.44 Billion
EUR

Intangible Assets

€1.62 Billion
Goodwill, patents, brand value

Total Assets

€16.68 Billion
EUR

Wendel Tangible Net Worth Ratio (2001–2025)

This chart shows how Wendel's Tangible Net Worth Ratio has changed across 25 annual periods from 2001 to 2025. As of December 2025, the ratio stands at 70.1%, reflecting net assets of €5.44 Billion with intangible assets of €1.62 Billion EUR. Also explore Wendel net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Wendel (2001–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Wendel from 2001 to 2025, covering 25 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see how much is Wendel worth.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 70.1% €5.44 Billion €1.62 Billion €16.68 Billion ▲ +3.2 pp
2024 67.0% €5.17 Billion €1.71 Billion €15.46 Billion ▼ -0.4 pp
2023 67.3% €4.83 Billion €1.58 Billion €15.05 Billion ▲ +89.0 pp
2022 -21.6% €4.64 Billion €5.64 Billion €14.38 Billion ▼ -1.2 pp
2021 -20.5% €4.19 Billion €5.05 Billion €14.18 Billion ▲ +37.1 pp
2020 -57.6% €3.29 Billion €5.18 Billion €13.21 Billion ▼ -3.5 pp
2019 -54.1% €3.82 Billion €5.88 Billion €14.58 Billion ▼ -96.5 pp
2018 42.4% €3.31 Billion €1.90 Billion €14.32 Billion ▲ +9.4 pp
2017 33.0% €3.26 Billion €2.18 Billion €14.44 Billion ▲ +0.9 pp
2016 32.1% €3.30 Billion €2.24 Billion €16.31 Billion ▲ +0.5 pp
2015 31.6% €3.95 Billion €2.71 Billion €18.48 Billion ▼ -27.8 pp
2014 59.4% €3.09 Billion €1.25 Billion €13.01 Billion ▼ -0.4 pp
2013 59.8% €3.06 Billion €1.23 Billion €13.73 Billion ▲ +4.1 pp
2012 55.7% €3.29 Billion €1.46 Billion €14.03 Billion ▲ +0.8 pp
2011 54.8% €3.30 Billion €1.49 Billion €15.19 Billion ▲ +10.9 pp
2010 43.9% €2.89 Billion €1.62 Billion €15.57 Billion ▲ +35.0 pp
2009 8.9% €1.58 Billion €1.44 Billion €14.24 Billion ▼ -25.9 pp
2008 34.9% €2.32 Billion €1.51 Billion €16.72 Billion ▼ -5.8 pp
2007 40.7% €2.58 Billion €1.53 Billion €16.69 Billion ▲ +20.9 pp
2006 19.8% €1.93 Billion €1.55 Billion €10.16 Billion ▼ -43.4 pp
2005 63.1% €1.62 Billion €596.06 Million €6.09 Billion ▲ +6.2 pp
2004 56.9% €1.55 Billion €669.58 Million €6.06 Billion ▼ -40.6 pp
2003 97.5% €1.31 Billion €32.64 Million €2.80 Billion ▲ +0.4 pp
2002 97.1% €1.19 Billion €34.08 Million €3.24 Billion ▼ -1.4 pp
2001 98.5% €2.39 Billion €34.93 Million €3.66 Billion
pp = percentage points