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
2001 Woolworths Holdings Ltd
JSE:WHL 		0.247x ZAC2.65 Billion
≈ $1.41 Million		 ZAC10.71 Billion
≈ $5.69 Million		 South Africa ZAC4637.00
2002 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
2003 Costain Group PLC
LSE:COST 		0.247x GBX63.80 Million
≈ $7.76K		 GBX258.20 Million
≈ $31.42K		 UK GBX215.50
2004 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$7.05
2005 CHINA TOWER UNSP.ADR/100
F:2Y10 		0.247x €49.47 Billion
≈ $57.83 Billion		 €200.35 Billion
≈ $234.23 Billion		 Germany €9.45
2006 Fresnillo PLC
LSE:FRES 		0.247x GBX1.25 Billion
≈ $152.35K		 GBX5.08 Billion
≈ $617.67K		 UK GBX2864.00
2007 Beneficient Class A Common Stock
NASDAQ:BENF 		0.246x $-9.37 Million $-38.04 Million USA $3.00
2008 Globus Spirits Limited
NSE:GLOBUSSPR 		0.246x Rs2.68 Billion
≈ $29.01 Million		 Rs10.89 Billion
≈ $117.80 Million		 India Rs906.30
2009 Fastpasscorp A/S
CO:FASTPC 		0.246x Dkr507.50K
≈ $79.40K		 Dkr2.06 Million
≈ $322.47K		 Denmark Dkr39.60
2010 Grupa Azoty Zaklady Azotowe Pulawy SA
WAR:ZAP 		0.246x zł677.12 Million
≈ $186.35 Million		 zł2.75 Billion
≈ $757.28 Million		 Poland zł46.90
2011 Aramis SAS
PA:ARAMI 		0.246x €50.61 Million
≈ $59.17 Million		 €205.70 Million
≈ $240.48 Million		 France €4.22
2012 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$65.60
2013 Gaming Realms plc
LSE:GMR 		0.246x GBX9.36 Million
≈ $1.14K		 GBX38.07 Million
≈ $4.63K		 UK GBX32.00
2014 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$165.64
2015 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¥17.82
2016 aovo Touristik AG
MU:A8N 		0.246x €715.80K
≈ $836.85K		 €2.91 Million
≈ $3.41 Million		 Germany €2.90
2017 Triad Group PLC
LSE:TRD 		0.245x GBX1.14 Million
≈ $138.34		 GBX4.63 Million
≈ $563.58		 UK GBX395.00
2018 Madhya Bharat Agro Products Limited
NSE:MBAPL 		0.245x Rs1.12 Billion
≈ $12.16 Million		 Rs4.58 Billion
≈ $49.55 Million		 India Rs158.09
2019 Avi Ltd
JSE:AVI 		0.245x ZAC1.31 Billion
≈ $697.31K		 ZAC5.35 Billion
≈ $2.84 Million		 South Africa ZAC9104.00
2020 MN Holdings Berhad
KLSE:0245 		0.245x RM82.04 Million
≈ $20.60 Million		 RM334.50 Million
≈ $83.98 Million		 Malaysia RM3.03
2021 Siam Global House Public Company Limited
BK:GLOBAL 		0.245x ฿6.32 Billion
≈ $197.14 Million		 ฿25.79 Billion
≈ $803.93 Million		 Thailand ฿7.65
2022 Tata Steel Limited
IL:TTST 		0.245x $235.12 Billion $959.32 Billion UK $20.90
2023 Vp plc
LSE:VP 		0.245x GBX36.34 Million
≈ $4.42K		 GBX148.30 Million
≈ $18.04K		 UK GBX470.00
2024 Matrix Service Co
NASDAQ:MTRX 		0.245x $34.16 Million $139.42 Million USA $11.91
2025 TARC Limited
NSE:TARC 		0.245x Rs2.65 Billion
≈ $28.61 Million		 Rs10.82 Billion
≈ $116.98 Million		 India Rs130.78
2026 CAB Cakaran Corporation Bhd
KLSE:7174 		0.245x RM187.33 Million
≈ $47.03 Million		 RM765.85 Million
≈ $192.28 Million		 Malaysia RM0.52
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 ₫11700.00
2028 Allegiant Travel Company
NASDAQ:ALGT 		0.245x $268.06 Million $1.10 Billion USA $95.61
2029 Kjell Group AB
ST:KJELL 		0.245x Skr191.31 Million
≈ $20.59 Million		 Skr782.35 Million
≈ $84.19 Million		 Sweden Skr14.40
2030 China Securities Co Ltd
SHG:601066 		0.244x CN¥31.02 Billion
≈ $4.54 Billion		 CN¥126.87 Billion
≈ $18.57 Billion		 China CN¥26.04
2031 Mex Polska S.A.
WAR:MEX 		0.244x zł3.96 Million
≈ $1.09 Million		 zł16.22 Million
≈ $4.46 Million		 Poland zł3.42
2032 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¥43.00
2033 Meta Epsi Tbk PT
JK:MTPS 		0.244x Rp10.03 Billion
≈ $587.55K		 Rp41.11 Billion
≈ $2.41 Million		 Indonesia Rp81.00
2034 BIONXT SOLUTIONS INC.
F:BXT 		0.244x €-2.03 Million
≈ $-2.37 Million		 €-8.31 Million
≈ $-9.72 Million		 Germany €0.18
2035 INTERSHOP Communications Aktiengesellschaft
XETRA:ISHA 		0.244x €2.93 Million
≈ $3.42 Million		 €12.01 Million
≈ $14.04 Million		 Germany €1.60
2036 Macy’s Inc
NYSE:M 		0.243x $1.18 Billion $4.86 Billion USA $25.40
2037 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
2038 Guangzhou Restaurants Group Co
SHG:603043 		0.243x CN¥1.03 Billion
≈ $150.82 Million		 CN¥4.24 Billion
≈ $620.18 Million		 China CN¥13.54
2039 Barbeque Nation Hospitality Limited
NSE:BARBEQUE 		0.243x Rs828.88 Million
≈ $8.96 Million		 Rs3.41 Billion
≈ $36.86 Million		 India Rs199.99
2040 HEINEKEN SP. ADR 1/2
F:HNK2 		0.243x €5.01 Billion
≈ $5.86 Billion		 €20.61 Billion
≈ $24.10 Billion		 Germany €33.40
2041 CVR Partners LP
NYSE:UAN 		0.243x $75.78 Million $311.74 Million USA $126.57
2042 Barclays PLC
LSE:BARC 		0.243x GBX18.74 Billion
≈ $2.28 Million		 GBX77.12 Billion
≈ $9.38 Million		 UK GBX516.00
2043 Barclays PLC
MX:BCSN 		0.243x MX$18.74 Billion
≈ $1.08 Billion		 MX$77.12 Billion
≈ $4.44 Billion		 Mexico MX$488.50
2044 Barclays PLC
F:BCY2 		0.243x €18.74 Billion
≈ $21.91 Billion		 €77.12 Billion
≈ $90.16 Billion		 Germany €24.20
2045 Saraswanti Anugerah Makmur Pt
JK:SAMF 		0.243x Rp377.51 Billion
≈ $22.12 Million		 Rp1.55 Trillion
≈ $91.05 Million		 Indonesia Rp280.00
2046 Netanel Group
TA:NTGR 		0.243x ILA68.18 Million
≈ $182.78K		 ILA280.83 Million
≈ $752.89K		 Israel ILA905.40
2047 Coraza Integrated Technology Bhd
KLSE:0240 		0.243x RM35.23 Million
≈ $8.85 Million		 RM145.14 Million
≈ $36.44 Million		 Malaysia RM1.15
2048 Sekerbank TAS
IS:SKBNK 		0.243x TL5.28 Billion
≈ $118.35 Million		 TL21.77 Billion
≈ $487.56 Million		 Turkey TL6.09
2049 Power Line Engineering Public Company Limited
BK:PLE 		0.243x ฿387.59 Million
≈ $12.08 Million		 ฿1.60 Billion
≈ $49.80 Million		 Thailand ฿0.08
2050 Fielmann Aktiengesellschaft
XETRA:FIE 		0.243x €235.77 Million
≈ $275.64 Million		 €972.00 Million
≈ $1.14 Billion		 Germany €42.10
2051 BOUYGUES UNSP.ADR 1/5/EO1
F:BYG0 		0.242x €3.60 Billion
≈ $4.21 Billion		 €14.85 Billion
≈ $17.36 Billion		 Germany €10.20
2052 Gagasan Nadi Cergas Berhad
KLSE:0206 		0.242x RM113.63 Million
≈ $28.53 Million		 RM469.56 Million
≈ $117.89 Million		 Malaysia RM0.32
2053 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
2054 Chongqing Brewery Co Ltd
SHG:600132 		0.242x CN¥1.02 Billion
≈ $149.73 Million		 CN¥4.23 Billion
≈ $618.91 Million		 China CN¥44.06
2055 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
2056 Eton Pharmaceuticals Inc
NASDAQ:ETON 		0.242x $7.41 Million $30.61 Million USA $44.60
2057 Xintela AB
ST:XINT 		0.242x Skr-6.74 Million
≈ $-724.90K		 Skr-27.88 Million
≈ $-3.00 Million		 Sweden Skr0.19
2058 Yapp Automotive Systems Co Ltd
SHG:603013 		0.242x CN¥1.24 Billion
≈ $181.19 Million		 CN¥5.12 Billion
≈ $749.89 Million		 China CN¥16.75
2059 Orion Engineered Carbons SA
F:0OE 		0.242x €92.90 Million
≈ $108.61 Million		 €384.60 Million
≈ $449.64 Million		 Germany €6.30
2060 Carlsberg A/S
CO:CARL-A 		0.241x Dkr7.41 Billion
≈ $1.16 Billion		 Dkr30.68 Billion
≈ $4.80 Billion		 Denmark Dkr1110.00
2061 Carlsberg A/S
CO:CARL-B 		0.241x Dkr7.41 Billion
≈ $1.16 Billion		 Dkr30.68 Billion
≈ $4.80 Billion		 Denmark Dkr949.40
2062 LOOP INDUSTRIES DL-001
F:3L9 		0.241x €-1.77 Million
≈ $-2.07 Million		 €-7.32 Million
≈ $-8.56 Million		 Germany €0.58
2063 Bantas Bandirma Ambalaj Sanayi ve Ticaret AS
IS:BNTAS 		0.241x TL33.64 Million
≈ $753.34K		 TL139.32 Million
≈ $3.12 Million		 Turkey TL6.80
2064 Prima Moda SA
WAR:PMA 		0.241x zł528.00K
≈ $145.31K		 zł2.19 Million
≈ $601.89K		 Poland zł0.84
2065 Catenon S.A
MC:COM 		0.241x €740.97K
≈ $866.27K		 €3.07 Million
≈ $3.59 Million		 Spain €0.99
2066 Creepy Jar SA
WAR:CRJ 		0.241x zł35.80 Million
≈ $9.85 Million		 zł148.46 Million
≈ $40.86 Million		 Poland zł540.00
2067 APL Apollo Tubes Limited
NSE:APLAPOLLO 		0.241x Rs12.77 Billion
≈ $138.09 Million		 Rs52.97 Billion
≈ $572.80 Million		 India Rs1970.00
2068 Puig Brands SA
MC:PUIG 		0.241x €942.84 Million
≈ $1.10 Billion		 €3.91 Billion
≈ $4.57 Billion		 Spain €16.88
2069 Frontier Developments Plc
LSE:FDEV 		0.241x GBX22.68 Million
≈ $2.76K		 GBX94.17 Million
≈ $11.46K		 UK GBX433.50
2070 Clene Inc.
NASDAQ:CLNN 		0.241x $-4.53 Million $-18.81 Million USA $5.28
2071 KPM TECH Co. Ltd
KQ:042040 		0.241x ₩16.22 Billion
≈ $10.99 Million		 ₩67.39 Billion
≈ $45.67 Million		 Korea ₩5590.00
2072 GIGLIO.COM S.P.A. O.N.
F:5JR0 		0.241x €1.89 Million
≈ $2.21 Million		 €7.84 Million
≈ $9.17 Million		 Germany €0.53
2073 Newag S.A.
WAR:NWG 		0.241x zł258.49 Million
≈ $71.14 Million		 zł1.07 Billion
≈ $295.64 Million		 Poland zł96.10
2074 WESTLIFE FOODWORLD LIMITED
NSE:WESTLIFE 		0.240x Rs1.50 Billion
≈ $16.20 Million		 Rs6.23 Billion
≈ $67.38 Million		 India Rs594.85
2075 SKF India Limited
NSE:SKFINDIA 		0.240x Rs3.20 Billion
≈ $34.57 Million		 Rs13.29 Billion
≈ $143.77 Million		 India Rs1534.30
2076 CN LGY.PWR.GR.UNSP.ADR/10
F:6WX0 		0.240x €21.83 Billion
≈ $25.52 Billion		 €90.82 Billion
≈ $106.18 Billion		 Germany €6.65
2077 POZZI MILANO S.P.A.
F:7TL 		0.240x €2.06 Million
≈ $2.41 Million		 €8.58 Million
≈ $10.04 Million		 Germany €0.49
2078 SIGMAROC PLC LS -01
F:M2I2 		0.240x €205.73 Million
≈ $240.52 Million		 €856.89 Million
≈ $1.00 Billion		 Germany €1.53
2079 Cricut Inc
NASDAQ:CRCT 		0.240x $82.43 Million $343.56 Million USA $5.84
2080 Oxford Lane Capital Corp
NASDAQ:OXLC 		0.240x $447.18 Million $1.86 Billion USA $9.20
2081 Patria Bank SA
RO:PBK 		0.240x RON116.33 Million
≈ $26.71 Million		 RON484.90 Million
≈ $111.34 Million		 Romania RON0.15
2082 Global Power Solutions Corp.
V:PWER 		0.240x CA$6.81K
≈ $4.93K		 CA$28.39K
≈ $20.54K		 Canada CA$0.32
2083 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$17.11
2084 John Wiley & Sons
NYSE:WLY 		0.240x $179.82 Million $749.98 Million USA $52.33
2085 John Wiley & Sons B
NYSE:WLYB 		0.240x $179.82 Million $749.98 Million USA $53.78
2086 Dosni Roha Indonesia Tbk PT
JK:ZBRA 		0.240x Rp267.19 Billion
≈ $15.66 Million		 Rp1.11 Trillion
≈ $65.30 Million		 Indonesia Rp50.00
2087 Webus International Limited Ordinary Shares
NASDAQ:WETO 		0.240x $10.72 Million $44.70 Million USA $4.96
2088 Hume Industries Berhad
KLSE:5000 		0.240x RM194.49 Million
≈ $48.83 Million		 RM811.26 Million
≈ $203.68 Million		 Malaysia RM2.88
2089 Baazar Style Retail Limited
NSE:STYLEBAAZA 		0.240x Rs1.09 Billion
≈ $11.84 Million		 Rs4.57 Billion
≈ $49.40 Million		 India Rs320.65
2090 Nick Scali Ltd
AU:NCK 		0.239x AU$66.52 Million
≈ $47.06 Million		 AU$278.00 Million
≈ $196.70 Million		 Australia AU$17.11
2091 Graincorp Ltd
AU:GNC 		0.239x AU$335.20 Million
≈ $237.18 Million		 AU$1.40 Billion
≈ $991.72 Million		 Australia AU$5.48
2092 H&K AG
PA:MLHK 		0.239x €37.00 Million
≈ $43.26 Million		 €154.80 Million
≈ $180.98 Million		 France €34.10
2093 Metro Systems Corporation Public Company Limited
BK:MSC 		0.239x ฿541.95 Million
≈ $16.89 Million		 ฿2.27 Billion
≈ $70.74 Million		 Thailand ฿5.90
2094 Argan Inc
NYSE:AGX 		0.239x $113.38 Million $474.95 Million USA $597.33
2095 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$168.50
2096 Inventec Corp
TW:2356 		0.239x NT$18.25 Billion
≈ $574.88 Million		 NT$76.45 Billion
≈ $2.41 Billion		 Taiwan NT$64.00
2097 Value Management & Research AG
F:VMR1 		0.239x €1.64 Million
≈ $1.92 Million		 €6.88 Million
≈ $8.05 Million		 Germany €0.22
2098 ISA Holdings Ltd
JSE:ISA 		0.239x ZAC14.37 Million
≈ $7.64K		 ZAC60.22 Million
≈ $32.01K		 South Africa ZAC200.00
2099 Deliveroo Holdings PLC
LSE:ROO 		0.239x GBX85.20 Million
≈ $10.37K		 GBX357.20 Million
≈ $43.46K		 UK GBX179.80
2100 Beyond Meat Inc
NASDAQ:BYND 		0.238x $-5.03 Million $-21.08 Million USA $0.54