Top Companies by Cash Flow Conversion Efficiency

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

Total Companies

31,508

Top Efficiency

x

Countries Tracked

39

Last Updated

Sep 2026
Quarterly Updates
Rank Company Efficiency Ratio Operating Cash Flow Net Assets Country Price
101 Controladora Vuela Compañía de Aviación S.A.B. de C.V
MX:VOLARA 		4.000x MX$272.00 Million
≈ $15.65 Million		 MX$68.00 Million
≈ $3.91 Million		 Mexico MX$11.90
102 Citra Putra Realty Tbk PT
JK:CLAY 		3.955x Rp12.61 Billion
≈ $738.80K		 Rp3.19 Billion
≈ $186.78K		 Indonesia Rp2750.00
103 ALBERT LABS INTL. CORP.
F:VB50 		3.922x €-1.43 Million
≈ $-1.67 Million		 €-365.32K
≈ $-427.09K		 Germany €0.01
104 Largo SAS
PA:ALLGO 		3.901x €-1.69 Million
≈ $-1.98 Million		 €-434.00K
≈ $-507.39K		 France €1.20
105 ChemX Materials Ltd
AU:CMX 		3.822x AU$-1.08 Million
≈ $-761.42K		 AU$-281.55K
≈ $-199.21K		 Australia AU$0.03
106 Atari S.A.
PA:ALATA 		3.806x €11.80 Million
≈ $13.80 Million		 €3.10 Million
≈ $3.62 Million		 France €18.90
107 Volaris
NYSE:VLRS 		3.803x $258.61 Million $68.00 Million USA $6.73
108 Rosslyn Data Technologies plc
LSE:RDT 		3.777x GBX-778.00K
≈ $-94.66		 GBX-206.00K
≈ $-25.06		 UK GBX1.15
109 VIMAB Group AB
ST:VIMAB 		3.682x Skr-26.24 Million
≈ $-2.82 Million		 Skr-7.13 Million
≈ $-766.87K		 Sweden Skr3.70
110 INVENTIVA ADS/1 O.N.
F:6IVA 		3.677x €-104.88 Million
≈ $-122.62 Million		 €-28.52 Million
≈ $-33.35 Million		 Germany €4.38
111 Oncopeptides AB
ST:ONCO 		3.676x Skr-216.49 Million
≈ $-23.30 Million		 Skr-58.89 Million
≈ $-6.34 Million		 Sweden Skr2.43
112 Euro Manganese Inc
V:EMN 		3.655x CA$-2.47 Million
≈ $-1.79 Million		 CA$-676.00K
≈ $-489.01K		 Canada CA$0.09
113 Wise plc
LSE:WISE 		3.653x GBX5.32 Billion
≈ $647.20K		 GBX1.46 Billion
≈ $177.19K		 UK GBX858.80
114 Triangle Energy (Global) Ltd
AU:TEG 		3.581x AU$-1.11 Million
≈ $-783.46K		 AU$-309.21K
≈ $-218.79K		 Australia AU$0.00
115 GENFLOW BIOSCIENCES PLC
F:WQ5 		3.572x €-1.08 Million
≈ $-1.27 Million		 €-303.00K
≈ $-354.24K		 Germany €0.02
116 Elauwit Connection, Inc. Common Stock
NASDAQ:ELWT 		3.527x $-2.67 Million $-757.00K USA $7.13
117 Siwani Makmur Tbk
JK:SIMA 		3.493x Rp-7.00 Billion
≈ $-410.40K		 Rp-2.00 Billion
≈ $-117.48K		 Indonesia Rp50.00
118 Excel Realty N Infra Limited
NSE:EXCEL 		3.473x Rs6.09 Billion
≈ $65.83 Million		 Rs1.75 Billion
≈ $18.95 Million		 India Rs0.89
119 Euro Manganese Inc
AU:EMN 		3.412x AU$-2.31 Million
≈ $-1.63 Million		 AU$-677.02K
≈ $-479.03K		 Australia AU$0.08
120 Airtasker Ltd
AU:ART 		3.391x AU$-2.83 Million
≈ $-2.00 Million		 AU$-833.00K
≈ $-589.40K		 Australia AU$0.20
121 IMMERSION G. S.A. ZY 10
F:73W 		3.367x €382.77K
≈ $447.50K		 €113.67K
≈ $132.90K		 Germany €0.14
122 Lodestar Minerals Ltd
AU:LSR 		3.339x AU$-1.40 Million
≈ $-990.85K		 AU$-419.43K
≈ $-296.78K		 Australia AU$0.01
123 Abcourt Mines Inc.
V:ABI 		3.298x CA$-7.65 Million
≈ $-5.53 Million		 CA$-2.32 Million
≈ $-1.68 Million		 Canada CA$0.08
124 Tap Global Group Plc
LSE:TAP 		3.296x GBX8.02 Million
≈ $975.68		 GBX2.43 Million
≈ $296.02		 UK GBX1.08
125 2cureX AB
ST:2CUREX 		3.288x Skr2.06 Million
≈ $221.47K		 Skr626.00K
≈ $67.37K		 Sweden Skr0.42
126 Hemogenyx Pharmaceuticals PLC
LSE:HEMO 		3.264x GBX-1.78 Million
≈ $-216.99		 GBX-546.41K
≈ $-66.48		 UK GBX455.00
127 Tedea Technological Development and Automation Ltd
TA:TEDE 		3.252x ILA-1.05 Million
≈ $-2.81K		 ILA-322.00K
≈ $-863.27		 Israel ILA541.60
128 WISE PLC SPONS.ADR/1
F:6WS0 		3.242x €4.49 Billion
≈ $5.25 Billion		 €1.39 Billion
≈ $1.62 Billion		 Germany €12.50
129 Wise Group plc Class A Ordinary Shares
NASDAQ:WSE 		3.242x $4.49 Billion $1.39 Billion USA $11.35
130 Altiplano Metals Inc
V:APN 		3.221x CA$-40.83K
≈ $-29.54K		 CA$-12.68K
≈ $-9.17K		 Canada CA$0.01
131 Story-I Ltd
AU:SRY 		3.211x AU$-4.15 Million
≈ $-2.93 Million		 AU$-1.29 Million
≈ $-913.95K		 Australia AU$0.00
132 Ahmad Zaki Resources Bhd
KLSE:7078 		3.200x RM407.94 Million
≈ $102.42 Million		 RM127.49 Million
≈ $32.01 Million		 Malaysia RM0.10
133 Laser Photonics Corporation Common Stock
NASDAQ:LASE 		3.174x $-2.89 Million $-911.55K USA $0.85
134 Baader Bank Aktiengesellschaft
F:BWB 		3.169x €708.21 Million
≈ $827.97 Million		 €223.51 Million
≈ $261.31 Million		 Germany €6.60
135 Ecolomondo Corp
V:ECM 		3.144x CA$-644.30K
≈ $-466.08K		 CA$-204.92K
≈ $-148.23K		 Canada CA$0.12
136 Virpax Pharmaceuticals Inc
NASDAQ:VRPX 		3.142x $-2.87 Million $-913.76K USA $0.22
137 Global PVQ SE
HM:QCE 		3.126x €106.90 Million
≈ $124.98 Million		 €34.20 Million
≈ $39.98 Million		 Germany €0.00
138 Quantum Genomics SA
PA:ALQGC 		3.110x €-7.64 Million
≈ $-8.93 Million		 €-2.46 Million
≈ $-2.87 Million		 France €0.07
139 The9 Ltd ADR
NASDAQ:NCTY 		3.099x $202.35 Million $65.29 Million USA $5.50
140 Dimerix Ltd
AU:DXB 		3.087x AU$41.30 Million
≈ $29.22 Million		 AU$13.38 Million
≈ $9.47 Million		 Australia AU$0.24
141 RedCloud Holdings plc Ordinary Shares
NASDAQ:RCT 		3.026x $-21.07 Million $-6.96 Million USA $0.19
142 Ascent Resources plc
LSE:AST 		2.990x GBX-894.00K
≈ $-108.77		 GBX-299.00K
≈ $-36.38		 UK GBX0.00
143 Painchek Ltd
AU:PCK 		2.987x AU$-4.28 Million
≈ $-3.03 Million		 AU$-1.43 Million
≈ $-1.01 Million		 Australia AU$0.11
144 ISPD Network S.A.
PA:ALISP 		2.953x €10.56 Million
≈ $12.34 Million		 €3.58 Million
≈ $4.18 Million		 France €1.75
145 Vertical Aerospace Ltd
NYSE:EVTL 		2.941x $-36.22 Million $-12.31 Million USA $0.68
146 Adler Group SA
XETRA:ADJ 		2.937x €-50.87 Million
≈ $-59.47 Million		 €-17.32 Million
≈ $-20.25 Million		 Germany €0.10
147 Smiths News PLC
LSE:SNWS 		2.916x GBX27.70 Million
≈ $3.37K		 GBX9.50 Million
≈ $1.16K		 UK GBX69.20
148 Immunic Inc
NASDAQ:IMUX 		2.889x $-19.28 Million $-6.67 Million USA $9.37
149 Baiya International Group Inc. Ordinary Shares
NASDAQ:BIYA 		2.879x $1.58 Million $550.06K USA $2.07
150 Ssif Broker Cl
RO:BRK 		2.864x RON149.53 Million
≈ $34.33 Million		 RON52.21 Million
≈ $11.99 Million		 Romania RON0.16
151 Quilter PLC
LSE:QLT 		2.840x GBX3.90 Billion
≈ $474.15K		 GBX1.37 Billion
≈ $166.93K		 UK GBX182.10
152 Kistos PLC
LSE:KIST 		2.836x GBX121.71 Million
≈ $14.81K		 GBX42.92 Million
≈ $5.22K		 UK GBX318.00
153 Fjordland Exploration Inc
V:FEX 		2.832x CA$-162.06K
≈ $-117.23K		 CA$-57.22K
≈ $-41.39K		 Canada CA$0.02
154 Kiliaro AB
ST:KILI 		2.808x Skr-4.84 Million
≈ $-520.85K		 Skr-1.72 Million
≈ $-185.45K		 Sweden Skr0.03
155 Nanhua Futures Co Ltd
SHG:603093 		2.795x CN¥12.31 Billion
≈ $1.80 Billion		 CN¥4.40 Billion
≈ $644.54 Million		 China CN¥13.60
156 Inovio Pharmaceuticals Inc
NASDAQ:INO 		2.795x $-21.57 Million $-7.72 Million USA $1.25
157 Microsemi Corporation
F:MS7 		2.765x €123.00 Million
≈ $143.80 Million		 €44.48 Million
≈ $52.00 Million		 Germany €6.00
158 Ordinary Fully Paid Deferred Settlement
AU:EPXDA 		2.724x AU$1.42 Million
≈ $1.01 Million		 AU$523.08K
≈ $370.11K		 Australia AU$0.24
159 INEO Tech Corp
V:INEO 		2.714x CA$-661.55K
≈ $-478.56K		 CA$-243.72K
≈ $-176.30K		 Canada CA$0.10
160 ClearOne Inc
NASDAQ:CLRO 		2.709x $-1.03 Million $-381.00K USA $4.22
161 Nuvve Holding Corp
NASDAQ:NVVEW 		2.691x $-5.16 Million $-1.92 Million USA $0.01
162 Redivium Ltd
AU:RIL 		2.594x AU$-1.69 Million
≈ $-1.20 Million		 AU$-651.60K
≈ $-461.05K		 Australia AU$0.00
163 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$6.98
164 Vectus Biosystems Ltd
AU:VBS 		2.572x AU$-659.98K
≈ $-466.98K		 AU$-256.62K
≈ $-181.58K		 Australia AU$0.15
165 Tempest Therapeutics Inc
NASDAQ:TPST 		2.550x $-2.78 Million $-1.09 Million USA $0.92
166 Quirin Privatbank AG
F:QB7 		2.541x €224.79 Million
≈ $262.81 Million		 €88.48 Million
≈ $103.44 Million		 Germany €2.90
167 Razor Labs Ltd
TA:RZR 		2.512x ILA-7.48 Million
≈ $-20.05K		 ILA-2.98 Million
≈ $-7.98K		 Israel ILA559.40
168 Changsha Kaiyuan Instruments
SHE:300338 		2.512x CN¥-44.21 Million
≈ $-6.47 Million		 CN¥-17.60 Million
≈ $-2.58 Million		 China CN¥2.88
169 Boxlight Corp Class A
NASDAQ:BOXL 		2.511x $-5.05 Million $-2.01 Million USA $4.93
170 Next Science Ltd
AU:NXS 		2.498x AU$-1.39 Million
≈ $-984.59K		 AU$-557.03K
≈ $-394.14K		 Australia AU$0.15
171 Cumulus Media Inc Class A
NASDAQ:CMLS 		2.447x $17.01 Million $6.95 Million USA $0.15
172 Red Capital PLC
LSE:REDC 		2.418x GBX-241.75K
≈ $-29.41		 GBX-99.97K
≈ $-12.16		 UK GBX87.50
173 Pacific Biosciences of California
NASDAQ:PACB 		2.417x $-80.27 Million $-33.21 Million USA $1.41
174 Noxopharm Ltd
AU:NOX 		2.404x AU$-2.71 Million
≈ $-1.92 Million		 AU$-1.13 Million
≈ $-797.75K		 Australia AU$0.06
175 Ballarpur Industries Limited
NSE:BALLARPUR 		2.403x Rs9.77 Billion
≈ $105.67 Million		 Rs4.07 Billion
≈ $43.97 Million		 India Rs257.58
176 DynaCERT Inc.
TO:DYA 		2.389x CA$-2.78 Million
≈ $-2.01 Million		 CA$-1.16 Million
≈ $-840.96K		 Canada CA$0.11
177 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
178 RENFORTH RESS. INC. NEW
F:9RR 		2.355x €-279.23K
≈ $-326.45K		 €-118.58K
≈ $-138.63K		 Germany €0.01
179 Electrocore LLC
NASDAQ:ECOR 		2.339x $-6.53 Million $-2.79 Million USA $11.42
180 Cytosorbents Crp
NASDAQ:CTSO 		2.324x $-1.75 Million $-751.00K USA $4.91
181 Pathkey.ai Ltd
AU:PKY 		2.310x AU$-619.98K
≈ $-438.67K		 AU$-268.37K
≈ $-189.89K		 Australia AU$0.03
182 Lyc Healthcare Bhd
KLSE:0075 		2.300x RM17.29 Million
≈ $4.34 Million		 RM7.51 Million
≈ $1.89 Million		 Malaysia RM0.01
183 Upsales Technology AB
ST:UPSALE 		2.287x Skr8.94 Million
≈ $962.41K		 Skr3.91 Million
≈ $420.78K		 Sweden Skr28.50
184 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¥3.24
185 AVITA Medical Inc
F:51KB 		2.255x €-10.31 Million
≈ $-12.05 Million		 €-4.57 Million
≈ $-5.34 Million		 Germany €1.31
186 Adalta Ltd
AU:1AD 		2.240x AU$-489.87K
≈ $-346.61K		 AU$-218.66K
≈ $-154.71K		 Australia AU$0.00
187 Genasys Inc
NASDAQ:GNSS 		2.223x $-2.93 Million $-1.32 Million USA $1.50
188 Core AI Holdings
NASDAQ:CHAI 		2.203x $5.35 Million $2.43 Million USA $0.30
189 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
190 TME PHARM.CONF.IPO EO 1-
F:0N6A 		2.168x €-3.42 Million
≈ $-4.00 Million		 €-1.58 Million
≈ $-1.85 Million		 Germany €0.13
191 Papyrus Australia Ltd
AU:PPY 		2.162x AU$-698.93K
≈ $-494.54K		 AU$-323.29K
≈ $-228.75K		 Australia AU$0.01
192 Topps Tiles PLC
LSE:TPT 		2.160x GBX8.07 Million
≈ $982.49		 GBX3.74 Million
≈ $454.81		 UK GBX35.00
193 Noviqtech Ltd
AU:NVQ 		2.158x AU$-2.51 Million
≈ $-1.77 Million		 AU$-1.16 Million
≈ $-821.84K		 Australia AU$0.04
194 Perfect Moment Ltd.
NYSE MKT:PMNT 		2.134x $2.26 Million $1.06 Million USA $0.23
195 AIOS Tech Inc.
NASDAQ:AIOS 		2.111x $9.89 Million $4.69 Million USA $13.20
196 R&S GROUP HOLDING AG
SW:RSGN 		2.091x CHF17.69 Million
≈ $22.37 Million		 CHF8.46 Million
≈ $10.70 Million		 Switzerland CHF18.16
197 WOLTERS KLUWER ADR EO-12
F:WOS 		2.090x €1.67 Billion
≈ $1.95 Billion		 €798.00 Million
≈ $932.95 Million		 Germany €68.00
198 Aeva Technologies, Inc. Common Stock
NASDAQ:AEVA 		2.083x $-25.85 Million $-12.41 Million USA $15.22
199 GlucoTrack Inc
NASDAQ:GCTK 		2.077x $-3.62 Million $-1.74 Million USA $2.03
200 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$0.94