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
2001 Salona Cotspin Limited
NSE:SALONA 		0.248x Rs207.62 Million
≈ $2.25 Million		 Rs837.76 Million
≈ $9.06 Million		 India Rs274.75
2002 Global-E Online Ltd
NASDAQ:GLBE 		0.247x $230.71 Million $932.68 Million USA $40.17
2003 Woolworths Holdings Ltd
JSE:WHL 		0.247x ZAC2.65 Billion
≈ $1.41 Million		 ZAC10.71 Billion
≈ $5.69 Million		 South Africa ZAC3645.00
2004 LOREAL ADR 1/5/EO 02
F:LORA 		0.247x €8.66 Billion
≈ $10.12 Billion		 €35.00 Billion
≈ $40.92 Billion		 Germany €72.00
2005 Scout24 AG
XETRA:G24 		0.247x €284.84 Million
≈ $333.01 Million		 €1.15 Billion
≈ $1.35 Billion		 Germany €67.35
2006 Profarma Distribuidora de Produtos Farmacêuticos S.A
SA:PFRM3 		0.247x R$413.08 Million
≈ $81.05 Million		 R$1.67 Billion
≈ $328.16 Million		 Brazil R$7.35
2007 Plus500 Ltd
LSE:PLUS 		0.247x GBX144.90 Million
≈ $17.63K		 GBX587.03 Million
≈ $71.42K		 UK GBX3426.00
2008 Fresnillo PLC
LSE:FRES 		0.247x GBX1.25 Billion
≈ $152.35K		 GBX5.08 Billion
≈ $617.67K		 UK GBX2890.00
2009 Atour Lifestyle Holdings Limited American Depositary Shares
NASDAQ:ATAT 		0.247x $829.02 Million $3.36 Billion USA $32.23
2010 Globus Spirits Limited
NSE:GLOBUSSPR 		0.246x Rs2.68 Billion
≈ $29.01 Million		 Rs10.89 Billion
≈ $117.80 Million		 India Rs832.55
2011 Fastpasscorp A/S
CO:FASTPC 		0.246x Dkr507.50K
≈ $79.40K		 Dkr2.06 Million
≈ $322.47K		 Denmark Dkr42.40
2012 Aramis SAS
PA:ARAMI 		0.246x €50.61 Million
≈ $59.17 Million		 €205.70 Million
≈ $240.48 Million		 France €3.71
2013 CTBC Financial Holding Co Ltd
TW:2891 		0.246x NT$135.11 Billion
≈ $4.26 Billion		 NT$549.28 Billion
≈ $17.31 Billion		 Taiwan NT$68.50
2014 Gaming Realms plc
LSE:GMR 		0.246x GBX9.36 Million
≈ $1.14K		 GBX38.07 Million
≈ $4.63K		 UK GBX30.45
2015 Canadian Imperial Bank Of Commerce
TO:CM 		0.246x CA$16.21 Billion
≈ $11.73 Billion		 CA$65.97 Billion
≈ $47.72 Billion		 Canada CA$160.72
2016 Shaanxi Meibang Pharmaceutical Group Co Ltd
SHG:605033 		0.246x CN¥281.88 Million
≈ $41.25 Million		 CN¥1.15 Billion
≈ $167.89 Million		 China CN¥19.48
2017 aovo Touristik AG
MU:A8N 		0.246x €715.80K
≈ $836.85K		 €2.91 Million
≈ $3.41 Million		 Germany €2.90
2018 Triad Group PLC
LSE:TRD 		0.245x GBX1.14 Million
≈ $138.34		 GBX4.63 Million
≈ $563.58		 UK GBX380.00
2019 Madhya Bharat Agro Products Limited
NSE:MBAPL 		0.245x Rs1.12 Billion
≈ $12.16 Million		 Rs4.58 Billion
≈ $49.55 Million		 India Rs168.47
2020 Avi Ltd
JSE:AVI 		0.245x ZAC1.31 Billion
≈ $697.31K		 ZAC5.35 Billion
≈ $2.84 Million		 South Africa ZAC8439.00
2021 Aura Minerals Inc. Common Shares
NASDAQ:AUGO 		0.245x $111.94 Million $456.47 Million USA $83.57
2022 Siam Global House Public Company Limited
BK:GLOBAL 		0.245x ฿6.32 Billion
≈ $197.14 Million		 ฿25.79 Billion
≈ $803.93 Million		 Thailand ฿6.45
2023 Vp plc
LSE:VP 		0.245x GBX36.34 Million
≈ $4.42K		 GBX148.30 Million
≈ $18.04K		 UK GBX452.00
2024 Compagnie des Eaux de Royan
PA:MLEDR 		0.245x €908.70K
≈ $1.06 Million		 €3.71 Million
≈ $4.34 Million		 France €35.40
2025 Cake Box Holdings PLC
LSE:CBOX 		0.245x GBX6.85 Million
≈ $833.35		 GBX27.99 Million
≈ $3.41K		 UK GBX190.00
2026 TARC Limited
NSE:TARC 		0.245x Rs2.65 Billion
≈ $28.61 Million		 Rs10.82 Billion
≈ $116.98 Million		 India Rs129.36
2027 Sai Gon Ha Noi Commercial Joint Stock Bank
VN:SHB 		0.245x ₫17.54 Trillion
≈ $666.51 Million		 ₫71.72 Trillion
≈ $2.73 Billion		 Vietnam ₫11600.00
2028 Kjell Group AB
ST:KJELL 		0.245x Skr191.31 Million
≈ $20.59 Million		 Skr782.35 Million
≈ $84.19 Million		 Sweden Skr16.10
2029 Jiangsu Maixinlin Aviation Science & Technology Corp. A
SHG:688685 		0.244x CN¥224.02 Million
≈ $32.78 Million		 CN¥916.91 Million
≈ $134.17 Million		 China CN¥34.52
2030 Reach Subsea
OL:REACH 		0.244x Nkr286.37 Million
≈ $30.13 Million		 Nkr1.17 Billion
≈ $123.38 Million		 Norway Nkr6.60
2031 Meta Epsi Tbk PT
JK:MTPS 		0.244x Rp10.03 Billion
≈ $587.55K		 Rp41.11 Billion
≈ $2.41 Million		 Indonesia Rp81.00
2032 INTERSHOP Communications Aktiengesellschaft
XETRA:ISHA 		0.244x €2.93 Million
≈ $3.42 Million		 €12.01 Million
≈ $14.04 Million		 Germany €1.44
2033 HomeToGo SE
XETRA:HTG 		0.244x €52.53 Million
≈ $61.42 Million		 €215.51 Million
≈ $251.95 Million		 Germany €0.77
2034 Yapp Automotive Systems Co Ltd
SHG:603013 		0.244x CN¥1.24 Billion
≈ $181.19 Million		 CN¥5.08 Billion
≈ $743.66 Million		 China CN¥14.24
2035 Macy’s Inc
NYSE:M 		0.243x $1.18 Billion $4.86 Billion USA $22.64
2036 MAC Copper Ltd
AU:MAC 		0.243x AU$116.74 Million
≈ $82.60 Million		 AU$479.80 Million
≈ $339.49 Million		 Australia AU$18.52
2037 Guangzhou Restaurants Group Co
SHG:603043 		0.243x CN¥1.03 Billion
≈ $150.82 Million		 CN¥4.24 Billion
≈ $620.18 Million		 China CN¥12.88
2038 Barbeque Nation Hospitality Limited
NSE:BARBEQUE 		0.243x Rs828.88 Million
≈ $8.96 Million		 Rs3.41 Billion
≈ $36.86 Million		 India Rs199.99
2039 Barclays PLC
F:BCY2 		0.243x €18.74 Billion
≈ $21.91 Billion		 €77.12 Billion
≈ $90.16 Billion		 Germany €21.40
2040 Saraswanti Anugerah Makmur Pt
JK:SAMF 		0.243x Rp377.51 Billion
≈ $22.12 Million		 Rp1.55 Trillion
≈ $91.05 Million		 Indonesia Rp316.00
2041 Etron Technology
TWO:5351 		0.243x NT$1.77 Billion
≈ $55.81 Million		 NT$7.30 Billion
≈ $229.93 Million		 Taiwan NT$108.00
2042 Lacroix Group SA
PA:LACR 		0.243x €22.84 Million
≈ $26.70 Million		 €94.13 Million
≈ $110.04 Million		 France €16.90
2043 Power Line Engineering Public Company Limited
BK:PLE 		0.243x ฿387.59 Million
≈ $12.08 Million		 ฿1.60 Billion
≈ $49.80 Million		 Thailand ฿0.07
2044 Fielmann Aktiengesellschaft
XETRA:FIE 		0.243x €235.77 Million
≈ $275.64 Million		 €972.00 Million
≈ $1.14 Billion		 Germany €37.75
2045 STOCK3 AG NA O.N.
XETRA:BOG 		0.242x €1.33 Million
≈ $1.55 Million		 €5.48 Million
≈ $6.40 Million		 Germany €29.80
2046 Jiajiayue Group Co Ltd
SHG:603708 		0.242x CN¥589.78 Million
≈ $86.30 Million		 CN¥2.44 Billion
≈ $356.52 Million		 China CN¥8.85
2047 Gagasan Nadi Cergas Berhad
KLSE:0206 		0.242x RM113.63 Million
≈ $28.53 Million		 RM469.56 Million
≈ $117.89 Million		 Malaysia RM0.31
2048 HOYA CORP. ADR/ 1 O.N.
F:HYB0 		0.242x €235.11 Billion
≈ $274.87 Billion		 €971.63 Billion
≈ $1.14 Trillion		 Germany €150.00
2049 AIR LIQUIDE ADR 1/5/EO 11
F:AILA 		0.242x €6.52 Billion
≈ $7.62 Billion		 €26.95 Billion
≈ $31.50 Billion		 Germany €36.60
2050 Dongguan Chitwing Technology Co Ltd
SHE:002855 		0.242x CN¥35.63 Million
≈ $5.21 Million		 CN¥147.41 Million
≈ $21.57 Million		 China CN¥12.91
2051 Xintela AB
ST:XINT 		0.242x Skr-6.74 Million
≈ $-724.90K		 Skr-27.88 Million
≈ $-3.00 Million		 Sweden Skr0.16
2052 Iridium Communications Inc
NASDAQ:IRDM 		0.242x $114.15 Million $472.51 Million USA $48.75
2053 Orion Engineered Carbons SA
F:0OE 		0.242x €92.90 Million
≈ $108.61 Million		 €384.60 Million
≈ $449.64 Million		 Germany €4.90
2054 Carlsberg A/S
CO:CARL-A 		0.241x Dkr7.41 Billion
≈ $1.16 Billion		 Dkr30.68 Billion
≈ $4.80 Billion		 Denmark Dkr1050.00
2055 Carlsberg A/S
CO:CARL-B 		0.241x Dkr7.41 Billion
≈ $1.16 Billion		 Dkr30.68 Billion
≈ $4.80 Billion		 Denmark Dkr859.40
2056 Bantas Bandirma Ambalaj Sanayi ve Ticaret AS
IS:BNTAS 		0.241x TL33.64 Million
≈ $753.34K		 TL139.32 Million
≈ $3.12 Million		 Turkey TL5.36
2057 Prima Moda SA
WAR:PMA 		0.241x zł528.00K
≈ $145.31K		 zł2.19 Million
≈ $601.89K		 Poland zł0.84
2058 Catenon S.A
MC:COM 		0.241x €740.97K
≈ $866.27K		 €3.07 Million
≈ $3.59 Million		 Spain €1.09
2059 Secure Energy Services Inc.
TO:SES 		0.241x CA$194.00 Million
≈ $140.34 Million		 CA$804.00 Million
≈ $581.60 Million		 Canada CA$24.62
2060 Creepy Jar SA
WAR:CRJ 		0.241x zł35.80 Million
≈ $9.85 Million		 zł148.46 Million
≈ $40.86 Million		 Poland zł450.00
2061 APL Apollo Tubes Limited
NSE:APLAPOLLO 		0.241x Rs12.77 Billion
≈ $138.09 Million		 Rs52.97 Billion
≈ $572.80 Million		 India Rs2214.70
2062 Multi Commodity Exchange of India Limited
NSE:MCX 		0.241x Rs10.16 Billion
≈ $109.89 Million		 Rs42.15 Billion
≈ $455.86 Million		 India Rs3324.90
2063 Alior Bank S.A.
WAR:ALR 		0.241x zł3.02 Billion
≈ $830.10 Million		 zł12.51 Billion
≈ $3.44 Billion		 Poland zł139.05
2064 Puig Brands SA
MC:PUIG 		0.241x €942.84 Million
≈ $1.10 Billion		 €3.91 Billion
≈ $4.57 Billion		 Spain €17.84
2065 Frontier Developments Plc
LSE:FDEV 		0.241x GBX22.68 Million
≈ $2.76K		 GBX94.17 Million
≈ $11.46K		 UK GBX616.00
2066 Micware Co., Ltd. American Depositary Shares
NASDAQ:MWC 		0.241x $2.07 Billion $8.61 Billion USA $1.68
2067 KPM TECH Co. Ltd
KQ:042040 		0.241x ₩16.22 Billion
≈ $10.99 Million		 ₩67.39 Billion
≈ $45.67 Million		 Korea ₩5110.00
2068 GIGLIO.COM S.P.A. O.N.
F:5JR0 		0.241x €1.89 Million
≈ $2.21 Million		 €7.84 Million
≈ $9.17 Million		 Germany €0.49
2069 Newag S.A.
WAR:NWG 		0.241x zł258.49 Million
≈ $71.14 Million		 zł1.07 Billion
≈ $295.64 Million		 Poland zł104.00
2070 WESTLIFE FOODWORLD LIMITED
NSE:WESTLIFE 		0.240x Rs1.50 Billion
≈ $16.20 Million		 Rs6.23 Billion
≈ $67.38 Million		 India Rs578.10
2071 SKF India Limited
NSE:SKFINDIA 		0.240x Rs3.20 Billion
≈ $34.57 Million		 Rs13.29 Billion
≈ $143.77 Million		 India Rs1539.80
2072 SIGMAROC PLC LS -01
F:M2I2 		0.240x €205.73 Million
≈ $240.52 Million		 €856.89 Million
≈ $1.00 Billion		 Germany €1.44
2073 Cricut Inc
NASDAQ:CRCT 		0.240x $82.43 Million $343.56 Million USA $6.14
2074 Oxford Lane Capital Corp
NASDAQ:OXLC 		0.240x $447.18 Million $1.86 Billion USA $8.94
2075 Patria Bank SA
RO:PBK 		0.240x RON116.33 Million
≈ $26.71 Million		 RON484.90 Million
≈ $111.34 Million		 Romania RON0.14
2076 Global Power Solutions Corp.
V:PWER 		0.240x CA$6.81K
≈ $4.93K		 CA$28.39K
≈ $20.54K		 Canada CA$0.28
2077 Mundial S.A. - Produtos de Consumo
SA:MNDL3 		0.240x R$166.41 Million
≈ $32.65 Million		 R$693.93 Million
≈ $136.16 Million		 Brazil R$18.90
2078 John Wiley & Sons
NYSE:WLY 		0.240x $179.82 Million $749.98 Million USA $47.55
2079 Dosni Roha Indonesia Tbk PT
JK:ZBRA 		0.240x Rp267.19 Billion
≈ $15.66 Million		 Rp1.11 Trillion
≈ $65.30 Million		 Indonesia Rp50.00
2080 Webus International Limited Ordinary Shares
NASDAQ:WETO 		0.240x $10.72 Million $44.70 Million USA $1.71
2081 Baazar Style Retail Limited
NSE:STYLEBAAZA 		0.240x Rs1.09 Billion
≈ $11.84 Million		 Rs4.57 Billion
≈ $49.40 Million		 India Rs375.80
2082 Estrella Immunopharma Inc.
NASDAQ:ESLA 		0.240x $-1.78 Million $-7.43 Million USA $0.48
2083 H WORLD GROUP DL-00001
F:CL4 		0.239x €3.41 Billion
≈ $3.98 Billion		 €14.23 Billion
≈ $16.64 Billion		 Germany €3.62
2084 Velocity Composites plc
LSE:VEL 		0.239x GBX1.01 Million
≈ $123.50		 GBX4.24 Million
≈ $516.01		 UK GBX17.50
2085 Graincorp Ltd
AU:GNC 		0.239x AU$335.20 Million
≈ $237.18 Million		 AU$1.40 Billion
≈ $991.72 Million		 Australia AU$6.57
2086 CN LGY.PWR.GR.UNSP.ADR/10
F:6WX0 		0.239x €21.83 Billion
≈ $25.52 Billion		 €91.31 Billion
≈ $106.75 Billion		 Germany €6.65
2087 H&K AG
PA:MLHK 		0.239x €37.00 Million
≈ $43.26 Million		 €154.80 Million
≈ $180.98 Million		 France €33.00
2088 Metro Systems Corporation Public Company Limited
BK:MSC 		0.239x ฿541.95 Million
≈ $16.89 Million		 ฿2.27 Billion
≈ $70.74 Million		 Thailand ฿5.85
2089 Argan Inc
NYSE:AGX 		0.239x $113.38 Million $474.95 Million USA $364.29
2090 Power Wind Health Industry Incorporated
TW:8462 		0.239x NT$474.15 Million
≈ $14.94 Million		 NT$1.99 Billion
≈ $62.58 Million		 Taiwan NT$158.00
2091 Inventec Corp
TW:2356 		0.239x NT$18.25 Billion
≈ $574.88 Million		 NT$76.45 Billion
≈ $2.41 Billion		 Taiwan NT$59.90
2092 Value Management & Research AG
F:VMR1 		0.239x €1.64 Million
≈ $1.92 Million		 €6.88 Million
≈ $8.05 Million		 Germany €0.22
2093 ISA Holdings Ltd
JSE:ISA 		0.239x ZAC14.37 Million
≈ $7.64K		 ZAC60.22 Million
≈ $32.01K		 South Africa ZAC230.00
2094 Deliveroo Holdings PLC
LSE:ROO 		0.239x GBX85.20 Million
≈ $10.37K		 GBX357.20 Million
≈ $43.46K		 UK GBX179.80
2095 Petrolia SE
OL:PSE 		0.238x Nkr11.48 Million
≈ $1.21 Million		 Nkr48.21 Million
≈ $5.07 Million		 Norway Nkr6.15
2096 Panostaja Oyj
HE:PNA1V 		0.238x €11.18 Million
≈ $13.08 Million		 €46.98 Million
≈ $54.92 Million		 Finland €0.28
2097 Demant A/S
CO:DEMANT 		0.238x Dkr2.36 Billion
≈ $369.40 Million		 Dkr9.92 Billion
≈ $1.55 Billion		 Denmark Dkr307.20
2098 KSG Agro SA
WAR:KSG 		0.238x zł1.99 Million
≈ $547.13K		 zł8.36 Million
≈ $2.30 Million		 Poland zł3.17
2099 Tianjin Capital Environmental Protection Group Co Ltd
SHG:600874 		0.238x CN¥2.78 Billion
≈ $406.95 Million		 CN¥11.69 Billion
≈ $1.71 Billion		 China CN¥5.44
2100 Victorian Plumbing Group PLC
LSE:VIC 		0.238x GBX15.10 Million
≈ $1.84K		 GBX63.50 Million
≈ $7.73K		 UK GBX75.90