Top Companies by Cash Flow Conversion Efficiency

Compare companies based on how efficiently their net assets generate operating cash flow

Total Companies

31,325

Top Efficiency

x

Countries Tracked

39

Last Updated

Aug 2026
Quarterly Updates
Rank Company Efficiency Ratio Operating Cash Flow Net Assets Country Price
101 Peace Acquisition Corp Ordinary Shares
NASDAQ:PECE 		3.620x $-82.57K $-22.81K USA $9.93
102 Triangle Energy (Global) Ltd
AU:TEG 		3.581x AU$-1.11 Million
≈ $-783.46K		 AU$-309.21K
≈ $-218.79K		 Australia AU$0.00
103 CORESTATE Capital Holding S.A
XETRA:CCAP 		3.573x €152.20 Million
≈ $177.94 Million		 €42.60 Million
≈ $49.80 Million		 Germany €0.23
104 GENFLOW BIOSCIENCES PLC
F:WQ5 		3.572x €-1.08 Million
≈ $-1.27 Million		 €-303.00K
≈ $-354.24K		 Germany €0.02
105 Bookook Securities Co Ltd
KO:001275 		3.513x ₩2.93 Trillion
≈ $1.98 Billion		 ₩833.26 Billion
≈ $564.69 Million		 Korea ₩30350.00
106 Siwani Makmur Tbk
JK:SIMA 		3.493x Rp-7.00 Billion
≈ $-410.40K		 Rp-2.00 Billion
≈ $-117.48K		 Indonesia Rp50.00
107 Mkango Resources Ltd
V:MKA 		3.481x CA$-1.59 Million
≈ $-1.15 Million		 CA$-457.75K
≈ $-331.13K		 Canada CA$0.78
108 Excel Realty N Infra Limited
NSE:EXCEL 		3.473x Rs6.09 Billion
≈ $65.83 Million		 Rs1.75 Billion
≈ $18.95 Million		 India Rs0.89
109 Euro Manganese Inc
AU:EMN 		3.412x AU$-2.31 Million
≈ $-1.63 Million		 AU$-677.02K
≈ $-479.03K		 Australia AU$0.08
110 IMMERSION G. S.A. ZY 10
F:73W 		3.367x €382.77K
≈ $447.50K		 €113.67K
≈ $132.90K		 Germany €0.17
111 Artelo Biosciences Inc
NASDAQ:ARTL 		3.342x $-4.25 Million $-1.27 Million USA $0.75
112 Lodestar Minerals Ltd
AU:LSR 		3.339x AU$-1.40 Million
≈ $-990.85K		 AU$-419.43K
≈ $-296.78K		 Australia AU$0.01
113 Lifecare AS
OL:LIFE 		3.325x Nkr-22.15 Million
≈ $-2.33 Million		 Nkr-6.66 Million
≈ $-700.93K		 Norway Nkr0.33
114 Tap Global Group Plc
LSE:TAP 		3.296x GBX8.02 Million
≈ $975.68		 GBX2.43 Million
≈ $296.02		 UK GBX1.20
115 2cureX AB
ST:2CUREX 		3.288x Skr2.06 Million
≈ $221.47K		 Skr626.00K
≈ $67.37K		 Sweden Skr1.70
116 Hemogenyx Pharmaceuticals PLC
LSE:HEMO 		3.264x GBX-1.78 Million
≈ $-216.99		 GBX-546.41K
≈ $-66.48		 UK GBX640.00
117 Tedea Technological Development and Automation Ltd
TA:TEDE 		3.252x ILA-1.05 Million
≈ $-2.81K		 ILA-322.00K
≈ $-863.27		 Israel ILA408.20
118 Wise Group plc Class A Ordinary Shares
NASDAQ:WSE 		3.242x $4.49 Billion $1.39 Billion USA $12.03
119 WISE PLC SPONS.ADR/1
F:6WS0 		3.242x €4.49 Billion
≈ $5.25 Billion		 €1.39 Billion
≈ $1.62 Billion		 Germany €12.50
120 Altiplano Metals Inc
V:APN 		3.221x CA$-40.83K
≈ $-29.54K		 CA$-12.68K
≈ $-9.17K		 Canada CA$0.02
121 Story-I Ltd
AU:SRY 		3.211x AU$-4.15 Million
≈ $-2.93 Million		 AU$-1.29 Million
≈ $-913.95K		 Australia AU$0.00
122 Ahmad Zaki Resources Bhd
KLSE:7078 		3.200x RM407.94 Million
≈ $102.42 Million		 RM127.49 Million
≈ $32.01 Million		 Malaysia RM0.13
123 Baader Bank Aktiengesellschaft
F:BWB 		3.169x €708.21 Million
≈ $827.97 Million		 €223.51 Million
≈ $261.31 Million		 Germany €6.60
124 Ecolomondo Corp
V:ECM 		3.144x CA$-644.30K
≈ $-466.08K		 CA$-204.92K
≈ $-148.23K		 Canada CA$0.12
125 Virpax Pharmaceuticals Inc
NASDAQ:VRPX 		3.142x $-2.87 Million $-913.76K USA $0.22
126 Shenzhen Magic Design & Decoration Engineering Co Ltd
SHE:002856 		3.139x CN¥-18.39 Million
≈ $-2.69 Million		 CN¥-5.86 Million
≈ $-857.23K		 China CN¥15.08
127 Global PVQ SE
HM:QCE 		3.126x €106.90 Million
≈ $124.98 Million		 €34.20 Million
≈ $39.98 Million		 Germany €0.00
128 Quantum Genomics SA
PA:ALQGC 		3.110x €-7.64 Million
≈ $-8.93 Million		 €-2.46 Million
≈ $-2.87 Million		 France €0.07
129 Vinpai SAS
PA:ALVIN 		3.105x €-1.41 Million
≈ $-1.65 Million		 €-453.81K
≈ $-530.55K		 France €3.20
130 The9 Ltd ADR
NASDAQ:NCTY 		3.099x $202.35 Million $65.29 Million USA $5.50
131 Dimerix Ltd
AU:DXB 		3.087x AU$41.30 Million
≈ $29.22 Million		 AU$13.38 Million
≈ $9.47 Million		 Australia AU$0.29
132 Ming Shing Group Holdings Limited Ordinary Shares
NASDAQ:MSW 		3.041x $-7.97 Million $-2.62 Million USA $1.37
133 Hanyang Securities Co Ltd
KO:001755 		3.040x ₩1.77 Trillion
≈ $1.20 Billion		 ₩581.81 Billion
≈ $394.28 Million		 Korea ₩19950.00
134 RedCloud Holdings plc Ordinary Shares
NASDAQ:RCT 		3.026x $-21.07 Million $-6.96 Million USA $0.20
135 Ascent Resources plc
LSE:AST 		2.990x GBX-894.00K
≈ $-108.77		 GBX-299.00K
≈ $-36.38		 UK GBX0.00
136 ISPD Network S.A.
PA:ALISP 		2.953x €10.56 Million
≈ $12.34 Million		 €3.58 Million
≈ $4.18 Million		 France €1.72
137 Smiths News PLC
LSE:SNWS 		2.916x GBX27.70 Million
≈ $3.37K		 GBX9.50 Million
≈ $1.16K		 UK GBX72.00
138 BEACN Wizardry & Magic Inc
V:BECN 		2.904x CA$-297.07K
≈ $-214.90K		 CA$-102.30K
≈ $-74.01K		 Canada CA$0.03
139 Immunic Inc
NASDAQ:IMUX 		2.889x $-19.28 Million $-6.67 Million USA $14.01
140 Baiya International Group Inc. Ordinary Shares
NASDAQ:BIYA 		2.879x $1.58 Million $550.06K USA $2.86
141 Ssif Broker Cl
RO:BRK 		2.864x RON149.53 Million
≈ $34.33 Million		 RON52.21 Million
≈ $11.99 Million		 Romania RON0.16
142 Sono Group N.V.
NASDAQ:SSM 		2.837x $-1.36 Million $-478.00K USA $3.60
143 Fjordland Exploration Inc
V:FEX 		2.832x CA$-162.06K
≈ $-117.23K		 CA$-57.22K
≈ $-41.39K		 Canada CA$0.02
144 Kiliaro AB
ST:KILI 		2.808x Skr-4.84 Million
≈ $-520.85K		 Skr-1.72 Million
≈ $-185.45K		 Sweden Skr0.03
145 Nanhua Futures Co Ltd
SHG:603093 		2.795x CN¥12.31 Billion
≈ $1.80 Billion		 CN¥4.40 Billion
≈ $644.54 Million		 China CN¥18.19
146 Inovio Pharmaceuticals Inc
NASDAQ:INO 		2.795x $-21.57 Million $-7.72 Million USA $0.68
147 Microsemi Corporation
F:MS7 		2.765x €123.00 Million
≈ $143.80 Million		 €44.48 Million
≈ $52.00 Million		 Germany €6.20
148 SIGNATURE RESOURCES NEW
F:3S30 		2.752x €-2.07 Million
≈ $-2.42 Million		 €-752.66K
≈ $-879.94K		 Germany €0.01
149 Signature Resources Ltd
V:SGU 		2.752x CA$-2.07 Million
≈ $-1.50 Million		 CA$-752.66K
≈ $-544.46K		 Canada CA$0.04
150 KATORO GOLD PLC LS-01
F:622 		2.752x €-722.89K
≈ $-845.13K		 €-262.72K
≈ $-307.15K		 Germany €0.00
151 Ordinary Fully Paid Deferred Settlement
AU:EPXDA 		2.724x AU$1.42 Million
≈ $1.01 Million		 AU$523.08K
≈ $370.11K		 Australia AU$0.24
152 INEO Tech Corp
V:INEO 		2.714x CA$-661.55K
≈ $-478.56K		 CA$-243.72K
≈ $-176.30K		 Canada CA$0.10
153 Nuvve Holding Corp
NASDAQ:NVVEW 		2.691x $-5.16 Million $-1.92 Million USA $0.01
154 Marathon Bancorp, Inc. Common Stock
NASDAQ:MBBC 		2.645x $125.71 Million $47.54 Million USA $15.13
155 Redivium Ltd
AU:RIL 		2.594x AU$-1.69 Million
≈ $-1.20 Million		 AU$-651.60K
≈ $-461.05K		 Australia AU$0.00
156 Australian Pacific Coal Ltd
AU:AQC 		2.588x AU$-27.90 Million
≈ $-19.74 Million		 AU$-10.78 Million
≈ $-7.63 Million		 Australia AU$0.01
157 Financeira Alfa S.A. - Crédito Financiamento e Investimentos
SA:CRIV3 		2.577x R$2.78 Billion
≈ $546.38 Million		 R$1.08 Billion
≈ $212.06 Million		 Brazil R$6.98
158 Vectus Biosystems Ltd
AU:VBS 		2.572x AU$-659.98K
≈ $-466.98K		 AU$-256.62K
≈ $-181.58K		 Australia AU$0.16
159 Quirin Privatbank AG
F:QB7 		2.541x €224.79 Million
≈ $262.81 Million		 €88.48 Million
≈ $103.44 Million		 Germany €3.08
160 Razor Labs Ltd
TA:RZR 		2.512x ILA-7.48 Million
≈ $-20.05K		 ILA-2.98 Million
≈ $-7.98K		 Israel ILA546.40
161 Changsha Kaiyuan Instruments
SHE:300338 		2.512x CN¥-44.21 Million
≈ $-6.47 Million		 CN¥-17.60 Million
≈ $-2.58 Million		 China CN¥3.00
162 Boxlight Corp Class A
NASDAQ:BOXL 		2.511x $-5.05 Million $-2.01 Million USA $3.08
163 Next Science Ltd
AU:NXS 		2.498x AU$-1.39 Million
≈ $-984.59K		 AU$-557.03K
≈ $-394.14K		 Australia AU$0.15
164 Cumulus Media Inc Class A
NASDAQ:CMLS 		2.447x $17.01 Million $6.95 Million USA $0.15
165 Datagate Bilgisayar Malzemeleri Ticaret AS
IS:DGATE 		2.440x TL1.46 Billion
≈ $32.72 Million		 TL598.72 Million
≈ $13.41 Million		 Turkey TL112.30
166 Red Capital PLC
LSE:REDC 		2.418x GBX-241.75K
≈ $-29.41		 GBX-99.97K
≈ $-12.16		 UK GBX87.50
167 Noxopharm Ltd
AU:NOX 		2.404x AU$-2.71 Million
≈ $-1.92 Million		 AU$-1.13 Million
≈ $-797.75K		 Australia AU$0.09
168 Ballarpur Industries Limited
NSE:BALLARPUR 		2.403x Rs9.77 Billion
≈ $105.67 Million		 Rs4.07 Billion
≈ $43.97 Million		 India Rs257.58
169 DynaCERT Inc.
TO:DYA 		2.389x CA$-2.78 Million
≈ $-2.01 Million		 CA$-1.16 Million
≈ $-840.96K		 Canada CA$0.10
170 Mountain Province Diamonds Inc
TO:MPVD 		2.361x CA$10.48 Million
≈ $7.58 Million		 CA$4.44 Million
≈ $3.21 Million		 Canada CA$0.02
171 TOMCO ENERGY POST CON.
F:NI41 		2.330x €-706.00K
≈ $-825.39K		 €-303.00K
≈ $-354.24K		 Germany €0.00
172 Pathkey.ai Ltd
AU:PKY 		2.310x AU$-619.98K
≈ $-438.67K		 AU$-268.37K
≈ $-189.89K		 Australia AU$0.03
173 Lyc Healthcare Bhd
KLSE:0075 		2.300x RM17.29 Million
≈ $4.34 Million		 RM7.51 Million
≈ $1.89 Million		 Malaysia RM0.01
174 Legal & General Group PLC
LSE:LGEN 		2.275x GBX5.26 Billion
≈ $639.87K		 GBX2.31 Billion
≈ $281.30K		 UK GBX305.20
175 Shen Zhen Bauing Construction Holding Group Co Ltd
SHE:002047 		2.259x CN¥-73.88 Million
≈ $-10.81 Million		 CN¥-32.70 Million
≈ $-4.79 Million		 China CN¥3.33
176 AVITA Medical Inc
F:51KB 		2.255x €-10.31 Million
≈ $-12.05 Million		 €-4.57 Million
≈ $-5.34 Million		 Germany €1.31
177 Adalta Ltd
AU:1AD 		2.240x AU$-489.87K
≈ $-346.61K		 AU$-218.66K
≈ $-154.71K		 Australia AU$0.00
178 Quickstep Holdings Ltd
AU:QHL 		2.197x AU$4.88 Million
≈ $3.45 Million		 AU$2.22 Million
≈ $1.57 Million		 Australia AU$0.58
179 D-MARKET E.S.+T.SP.ADR/1B
F:8WZ 		2.184x €4.39 Billion
≈ $5.14 Billion		 €2.01 Billion
≈ $2.35 Billion		 Germany €2.36
180 Quilter PLC
LSE:QLT 		2.167x GBX3.18 Billion
≈ $386.55K		 GBX1.47 Billion
≈ $178.37K		 UK GBX202.60
181 Focus Graphite Inc
V:FMS 		2.166x CA$-873.82K
≈ $-632.11K		 CA$-403.39K
≈ $-291.80K		 Canada CA$0.36
182 Xilio Development Inc
NASDAQ:XLO 		2.161x $-17.50 Million $-8.10 Million USA $9.11
183 Topps Tiles PLC
LSE:TPT 		2.160x GBX8.07 Million
≈ $982.49		 GBX3.74 Million
≈ $454.81		 UK GBX36.10
184 Noviqtech Ltd
AU:NVQ 		2.158x AU$-2.51 Million
≈ $-1.77 Million		 AU$-1.16 Million
≈ $-821.84K		 Australia AU$0.04
185 Tela Bio Inc
NASDAQ:TELA 		2.148x $-11.17 Million $-5.20 Million USA $0.92
186 Expedia Group Inc.
NASDAQ:EXPE 		2.141x $3.93 Billion $1.84 Billion USA $319.66
187 Perfect Moment Ltd.
NYSE MKT:PMNT 		2.134x $2.26 Million $1.06 Million USA $0.23
188 Riverstone Energy Ltd
LSE:RSE 		2.133x GBX251.61 Million
≈ $30.61K		 GBX117.94 Million
≈ $14.35K		 UK GBX598.00
189 Tigi Ltd
TA:TIGI 		2.123x ILA-6.10 Million
≈ $-16.35K		 ILA-2.87 Million
≈ $-7.70K		 Israel ILA243.60
190 R&S GROUP HOLDING AG
SW:RSGN 		2.091x CHF17.69 Million
≈ $22.37 Million		 CHF8.46 Million
≈ $10.70 Million		 Switzerland CHF19.70
191 WOLTERS KLUWER ADR EO-12
F:WOS 		2.090x €1.67 Billion
≈ $1.95 Billion		 €798.00 Million
≈ $932.95 Million		 Germany €68.00
192 Aeva Technologies, Inc. Common Stock
NASDAQ:AEVA 		2.083x $-25.85 Million $-12.41 Million USA $19.61
193 FTC Solar Inc
NASDAQ:FTCI 		2.077x $-12.77 Million $-6.15 Million USA $2.95
194 Grupo Casas Bahia S.A.
SA:BHIA3 		2.077x R$5.47 Billion
≈ $1.07 Billion		 R$2.63 Billion
≈ $516.84 Million		 Brazil R$0.82
195 Circio Holding ASA
OL:CRNA 		2.054x Nkr-25.66 Million
≈ $-2.70 Million		 Nkr-12.49 Million
≈ $-1.31 Million		 Norway Nkr8.23
196 Seafarms Group Ltd
AU:SFG 		2.045x AU$-8.23 Million
≈ $-5.82 Million		 AU$-4.03 Million
≈ $-2.85 Million		 Australia AU$0.00
197 De La Rue PLC
LSE:DLAR 		2.021x GBX-9.50 Million
≈ $-1.16K		 GBX-4.70 Million
≈ $-571.85		 UK GBX130.00
198 Lianhua Supermarket Holdings Co. Ltd
F:LSJ 		2.019x €351.19 Million
≈ $410.58 Million		 €173.98 Million
≈ $203.40 Million		 Germany €0.01
199 Guangzhou Jinyi Media Corp
SHE:002905 		2.017x CN¥139.01 Million
≈ $20.34 Million		 CN¥68.91 Million
≈ $10.08 Million		 China CN¥7.60
200 Pointerra Ltd
AU:3DP 		2.015x AU$-2.63 Million
≈ $-1.86 Million		 AU$-1.30 Million
≈ $-921.70K		 Australia AU$0.03