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
301 Estrella Immunopharma Inc.
NASDAQ:ESLA 		1.271x $-6.70 Million $-5.27 Million USA $0.75
302 Chimeric Therapeutics Ltd
AU:CHM 		1.268x AU$-3.84 Million
≈ $-2.72 Million		 AU$-3.03 Million
≈ $-2.14 Million		 Australia AU$0.04
303 Forafric Global PLC Ordinary Shares
NASDAQ:AFRI 		1.259x $6.70 Million $5.32 Million USA $10.49
304 Centogene N.V.
NASDAQ:CNTGF 		1.256x $-31.75 Million $-25.28 Million USA $0.12
305 Wolters Kluwer N.V.
AS:WKL 		1.252x €999.00 Million
≈ $1.17 Billion		 €798.00 Million
≈ $932.95 Million		 Netherlands €70.24
306 Qantas Airways Ltd
AU:QAN 		1.251x AU$1.69 Billion
≈ $1.19 Billion		 AU$1.35 Billion
≈ $954.50 Million		 Australia AU$10.60
307 KNOREX LTD.
NYSE MKT:KNRX 		1.249x $-5.44 Million $-4.35 Million USA $0.78
308 Key Alliance Group Bhd
KLSE:0036 		1.245x RM95.55 Million
≈ $23.99 Million		 RM76.72 Million
≈ $19.26 Million		 Malaysia RM0.07
309 NO GRAVITY GAMES ZY -10
F:8YX 		1.244x €1.47 Million
≈ $1.72 Million		 €1.19 Million
≈ $1.39 Million		 Germany €0.03
310 Lite Access Technologies Inc
V:LTE 		1.235x CA$3.17 Million
≈ $2.30 Million		 CA$2.57 Million
≈ $1.86 Million		 Canada CA$0.13
311 Procaps Group SA
NASDAQ:PROC 		1.232x $47.39 Million $38.45 Million USA $1.10
312 Apollo Micro Systems Limited
NSE:APOLLO 		1.232x Rs13.29 Billion
≈ $143.68 Million		 Rs10.78 Billion
≈ $116.61 Million		 India Rs399.05
313 Consensus Cloud Solutions Inc
NASDAQ:CCSI 		1.226x $16.89 Million $13.77 Million USA $38.17
314 Akoya Biosciences Inc
NASDAQ:AKYA 		1.225x $-7.21 Million $-5.89 Million USA $1.29
315 Ion Video Ltd
AU:IOV 		1.223x AU$-2.74 Million
≈ $-1.94 Million		 AU$-2.24 Million
≈ $-1.58 Million		 Australia AU$0.47
316 Kalina Power Ltd
AU:KPO 		1.221x AU$16.97 Million
≈ $12.01 Million		 AU$13.90 Million
≈ $9.84 Million		 Australia AU$0.02
317 Marelius Inc.
NASDAQ:MBPG 		1.216x $-1.05 Million $-865.61K USA $0.01
318 TomCo Energy Plc
LSE:TOM 		1.215x GBX-368.00K
≈ $-44.77		 GBX-303.00K
≈ $-36.87		 UK GBX0.02
319 Controladora Vuela Compañía de Aviación S.A.B. de C.V
MX:VOLARA 		1.213x MX$251.00 Million
≈ $14.45 Million		 MX$207.00 Million
≈ $11.91 Million		 Mexico MX$14.52
320 Chesnara
LSE:CSN 		1.212x GBX355.50 Million
≈ $43.25K		 GBX293.30 Million
≈ $35.69K		 UK GBX342.00
321 RIVER TECH EO -005
F:9YQ 		1.210x €10.91 Million
≈ $12.76 Million		 €9.02 Million
≈ $10.55 Million		 Germany €0.09
322 Turbogen Chp
TA:TURB 		1.208x ILA-9.94 Million
≈ $-26.65K		 ILA-8.23 Million
≈ $-22.05K		 Israel ILA1429.00
323 Allied Tecnologia S.A
SA:ALLD3 		1.206x R$2.04 Billion
≈ $400.28 Million		 R$1.69 Billion
≈ $331.95 Million		 Brazil R$4.75
324 Cizzle Biotechnology Holdings PLC
LSE:CIZ 		1.199x GBX-331.00K
≈ $-40.27		 GBX-276.00K
≈ $-33.58		 UK GBX1.70
325 New Delhi Television Limited
NSE:NDTV 		1.199x Rs-1.04 Billion
≈ $-11.28 Million		 Rs-869.90 Million
≈ $-9.41 Million		 India Rs77.17
326 Santhera Pharmaceuticals Holding AG
SW:SANN 		1.199x CHF-14.16 Million
≈ $-17.91 Million		 CHF-11.82 Million
≈ $-14.94 Million		 Switzerland CHF14.94
327 Skandinaviska Enskilda Banken AB (publ)
ST:SEB-C 		1.189x Skr257.55 Billion
≈ $27.72 Billion		 Skr216.57 Billion
≈ $23.31 Billion		 Sweden Skr227.50
328 Derimod Konfeksiyon Ayakkabi Deri Sanayi ve Ticaret AS
IS:DERIM 		1.189x TL91.92 Million
≈ $2.06 Million		 TL77.31 Million
≈ $1.73 Million		 Turkey TL33.80
329 Systech Bhd
KLSE:0050 		1.187x RM68.10 Million
≈ $17.10 Million		 RM57.38 Million
≈ $14.41 Million		 Malaysia RM0.18
330 Sportshero Ltd
AU:SHO 		1.185x AU$-691.37K
≈ $-489.19K		 AU$-583.62K
≈ $-412.94K		 Australia AU$0.04
331 Shamaym Improve Ltd
TA:SHMM 		1.183x ILA-492.40K
≈ $-1.32K		 ILA-416.14K
≈ $-1.12K		 Israel ILA173.70
332 SUMITOMO MITSU.TR.H.ADR10
F:MIU0 		1.183x €3.98 Trillion
≈ $4.65 Trillion		 €3.36 Trillion
≈ $3.93 Trillion		 Germany €5.40
333 Bizim Toptan Satis Magazalari AS
IS:BIZIM 		1.182x TL342.22 Million
≈ $7.66 Million		 TL289.58 Million
≈ $6.49 Million		 Turkey TL24.24
334 Neurosense Therapeutics Ltd
NASDAQ:NRSN 		1.177x $-1.84 Million $-1.56 Million USA $0.54
335 Allpark Empreendimentos Participações e Serviços S.A
SA:ALPK3 		1.176x R$419.81 Million
≈ $82.37 Million		 R$357.07 Million
≈ $70.06 Million		 Brazil R$4.35
336 TruCap Finance Limited
NSE:TRU 		1.175x Rs1.27 Billion
≈ $13.71 Million		 Rs1.08 Billion
≈ $11.67 Million		 India Rs4.64
337 Cabral Gold Inc
V:CBR 		1.171x CA$-6.13 Million
≈ $-4.43 Million		 CA$-5.23 Million
≈ $-3.79 Million		 Canada CA$1.10
338 Mostostal Warszawa S.A.
WAR:MSW 		1.170x zł98.23 Million
≈ $27.04 Million		 zł83.98 Million
≈ $23.11 Million		 Poland zł3.17
339 Gayatri Highways Limited
NSE:GAYAHWS 		1.168x Rs-7.38 Billion
≈ $-79.77 Million		 Rs-6.31 Billion
≈ $-68.27 Million		 India Rs1.94
340 Sow Good Inc. Common Stock
NASDAQ:SOWG 		1.165x $-1.69 Million $-1.45 Million USA $3.38
341 Rugby Mining Limited
V:RUG 		1.162x CA$-726.23K
≈ $-525.34K		 CA$-625.25K
≈ $-452.29K		 Canada CA$0.04
342 Lovisa Holdings Ltd
AU:LOV 		1.157x AU$90.91 Million
≈ $64.33 Million		 AU$78.55 Million
≈ $55.58 Million		 Australia AU$26.19
343 Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165 		1.156x CN¥-47.99 Million
≈ $-7.02 Million		 CN¥-41.51 Million
≈ $-6.07 Million		 China CN¥2.40
344 Mazhar Zorlu Holding AS
IS:MZHLD 		1.149x TL74.99 Million
≈ $1.68 Million		 TL65.27 Million
≈ $1.46 Million		 Turkey TL5.21
345 Lakshmi Precision Screws Limited
NSE:LAKPRE 		1.146x Rs301.83 Million
≈ $3.26 Million		 Rs263.36 Million
≈ $2.85 Million		 India Rs5.05
346 Defence Therapeutics Inc.
F:DTC 		1.144x €-1.40 Million
≈ $-1.64 Million		 €-1.22 Million
≈ $-1.43 Million		 Germany €0.23
347 RMS Mezzanine A.S.
PR:PVT 		1.138x Kč117.46 Million
≈ $5.63 Million		 Kč103.19 Million
≈ $4.95 Million		 Czech Republic Kč0.86
348 Progressive Corp
NYSE:PGR 		1.138x $5.20 Billion $4.57 Billion USA $212.76
349 Suzhou Shijing Environmental Technology Co.Ltd.
SHE:301030 		1.137x CN¥-439.60 Million
≈ $-64.33 Million		 CN¥-386.63 Million
≈ $-56.58 Million		 China CN¥8.78
350 Synergetic Auto Performance Public Company Limited
BK:ASAP 		1.134x ฿1.13 Billion
≈ $35.28 Million		 ฿997.82 Million
≈ $31.10 Million		 Thailand ฿2.16
351 Dave & Buster’s Entertainment
NASDAQ:PLAY 		1.129x $103.00 Million $91.20 Million USA $10.45
352 VOC Energy Trust
NYSE:VOC 		1.128x $10.96 Million $9.72 Million USA $2.95
353 Piippo OYJ
HE:PIIPPO 		1.127x €2.19 Million
≈ $2.56 Million		 €1.95 Million
≈ $2.27 Million		 Finland €1.33
354 Hempacco Co., Inc.
NASDAQ:HPCO 		1.120x $-872.58K $-779.33K USA $0.00
355 Mawson Infrastructure Group Inc
NASDAQ:MIGI 		1.112x $-3.47 Million $-3.12 Million USA $7.42
356 Big Digital Energy, Inc.
NASDAQ:BGDE 		1.112x $-3.47 Million $-3.12 Million USA $6.08
357 The Agency Group Australia Ltd
AU:AU1 		1.111x AU$1.80 Million
≈ $1.28 Million		 AU$1.62 Million
≈ $1.15 Million		 Australia AU$0.03
358 Vyome Holdings, Inc.
NASDAQ:HIND 		1.108x $4.34 Million $3.92 Million USA $2.14
359 Verisk Analytics Inc
NASDAQ:VRSK 		1.108x $343.30 Million $309.80 Million USA $188.75
360 Fitness Champs Holdings Limited Common Stock
NASDAQ:FCHL 		1.106x $850.45K $769.00K USA $1.26
361 Lang & Schwarz Aktiengesellschaft
XETRA:LUS1 		1.103x €101.93 Million
≈ $119.17 Million		 €92.38 Million
≈ $108.00 Million		 Germany €18.80
362 Mha Ltd
LSE:MHA 		1.098x GBX51.84 Million
≈ $6.31K		 GBX47.23 Million
≈ $5.75K		 UK GBX135.00
363 Zabka Group S.A.
WAR:ZAB 		1.097x zł1.69 Billion
≈ $465.22 Million		 zł1.54 Billion
≈ $423.99 Million		 Poland zł31.40
364 Norwegian Air Shuttle ASA
OL:NAS 		1.090x Nkr6.45 Billion
≈ $678.30 Million		 Nkr5.91 Billion
≈ $622.32 Million		 Norway Nkr13.29
365 Iodm Ltd
AU:IOD 		1.084x AU$-1.35 Million
≈ $-956.25K		 AU$-1.25 Million
≈ $-882.43K		 Australia AU$0.09
366 Accord Financial Corp.
TO:ACD 		1.083x CA$50.60 Million
≈ $36.60 Million		 CA$46.71 Million
≈ $33.79 Million		 Canada CA$0.69
367 Tarapur Transformers Limited
NSE:TARAPUR 		1.083x Rs2.89 Million
≈ $31.28K		 Rs2.67 Million
≈ $28.88K		 India Rs14.25
368 Internet Gold Golden Lines Ltd
TA:IGLD 		1.079x ILA5.00 Million
≈ $13.40K		 ILA4.63 Million
≈ $12.42K		 Israel ILA191.00
369 Innate Pharma
NASDAQ:IPHA 		1.078x $-23.40 Million $-21.69 Million USA $1.77
370 AIR CHINA LTD H ADR/20
F:AD2B 		1.072x €42.05 Billion
≈ $49.16 Billion		 €39.23 Billion
≈ $45.87 Billion		 Germany €10.40
371 PARATUS ENERGY SERVICES LTD
OL:PLSV 		1.070x Nkr166.60 Million
≈ $17.53 Million		 Nkr155.70 Million
≈ $16.38 Million		 Norway Nkr48.45
372 Iterum Therapeutics PLC
NASDAQ:ITRM 		1.063x $-7.85 Million $-7.38 Million USA $0.06
373 Fujian Wanchen Biotechnology Co. Ltd
SHE:300972 		1.061x CN¥3.63 Billion
≈ $531.40 Million		 CN¥3.42 Billion
≈ $501.01 Million		 China CN¥205.01
374 Opple Lighting Co Ltd
SHG:603515 		1.058x CN¥7.05 Billion
≈ $1.03 Billion		 CN¥6.66 Billion
≈ $974.52 Million		 China CN¥17.21
375 PayPay Corporation American Depository Shares
NASDAQ:PAYP 		1.056x $338.24 Billion $320.23 Billion USA $15.67
376 Bank of Changsha Co Ltd
SHG:601577 		1.054x CN¥82.41 Billion
≈ $12.06 Billion		 CN¥78.21 Billion
≈ $11.44 Billion		 China CN¥9.31
377 Imagion Biosystems Ltd
AU:IBX 		1.048x AU$-2.27 Million
≈ $-1.60 Million		 AU$-2.16 Million
≈ $-1.53 Million		 Australia AU$0.01
378 Future Retail Limited
NSE:FRETAIL 		1.043x Rs-12.73 Billion
≈ $-137.70 Million		 Rs-12.21 Billion
≈ $-132.01 Million		 India Rs2.28
379 Shenzhen Wongtee International Enterprise Co Ltd
SHE:200056 		1.041x HK$123.56 Million
≈ $15.77 Million		 HK$118.65 Million
≈ $15.15 Million		 China HK$0.55
380 Nictus
JSE:NCS 		1.035x ZAC155.46 Million
≈ $82.62K		 ZAC150.22 Million
≈ $79.83K		 South Africa ZAC290.00
381 North European Oil Royalty Trust
NYSE:NRT 		1.030x $1.95 Million $1.89 Million USA $8.68
382 Avanza Bank Holding AB (publ)
ST:AZA 		1.029x Skr8.16 Billion
≈ $878.25 Million		 Skr7.93 Billion
≈ $853.39 Million		 Sweden Skr399.40
383 Seagate Technology PLC
NASDAQ:STX 		1.017x $1.11 Billion $1.09 Billion USA $837.66
384 Aeorema Communications Plc
LSE:AEO 		1.017x GBX2.76 Million
≈ $336.26		 GBX2.72 Million
≈ $330.61		 UK GBX61.50
385 JPMorgan Chase & Co
NYSE:JPM 		1.016x $368.37 Billion $362.44 Billion USA $359.24
386 GomSpace Group AB
ST:GOMX 		1.016x Skr-12.07 Million
≈ $-1.30 Million		 Skr-11.89 Million
≈ $-1.28 Million		 Sweden Skr12.08
387 ALUMEXX N.V. NAM. EO-10
F:NE8F 		1.016x €4.98 Million
≈ $5.82 Million		 €4.90 Million
≈ $5.73 Million		 Germany €1.44
388 UP FINT. HLDG (SP.ADR) A
F:1M5 		1.015x €827.98 Million
≈ $967.99 Million		 €815.54 Million
≈ $953.46 Million		 Germany €5.80
389 Raize Servicos de Gestao SA
LS:MLRZE 		1.011x €301.06K
≈ $351.97K		 €297.92K
≈ $348.30K		 Portugal €1.40
390 GE Power India Limited
NSE:GEPIL 		1.009x Rs3.20 Billion
≈ $34.57 Million		 Rs3.17 Billion
≈ $34.24 Million		 India Rs306.40
391 Iron Horse Acquisitions Corp. Common Stock
NASDAQ:IROH 		1.004x $-1.64 Million $-1.63 Million USA $4.09
392 Amaze Holdings Inc
NYSE MKT:AMZE 		1.001x $9.78 Million $9.77 Million USA $0.15
393 Santech Holdings Limited
NASDAQ:STEC 		1.001x $2.56 Million $2.56 Million USA $246.40
394 Cerinnov Group SA
PA:ALPCV 		0.999x €967.00K
≈ $1.13 Million		 €968.00K
≈ $1.13 Million		 France €0.03
395 Changshu Ruite Electric Co Ltd
SHE:300600 		0.998x CN¥1.20 Billion
≈ $175.25 Million		 CN¥1.20 Billion
≈ $175.66 Million		 China CN¥10.18
396 ChinaLin Securities Co Ltd
SHE:002945 		0.997x CN¥7.33 Billion
≈ $1.07 Billion		 CN¥7.35 Billion
≈ $1.08 Billion		 China CN¥15.03
397 TNR Gold Corp.
V:TNR 		0.996x CA$-150.97K
≈ $-109.21K		 CA$-151.61K
≈ $-109.67K		 Canada CA$0.27
398 Innate Pharma
PA:IPH 		0.995x €-21.59 Million
≈ $-25.24 Million		 €-21.70 Million
≈ $-25.37 Million		 France €1.53
399 Spiritus Mundi PLC
LSE:SPMU 		0.994x GBX-471.29K
≈ $-57.34		 GBX-473.93K
≈ $-57.66		 UK GBX0.04
400 Nordnet AB
ST:SAVE 		0.990x Skr9.08 Billion
≈ $977.26 Million		 Skr9.17 Billion
≈ $986.95 Million		 Sweden Skr360.20