Evaluation of Performances of Automotive Sector Companies Traded in BIST, Including the COVID-19 Pandemic Period, with TOPSIS, ELECTRE and CRITIC Methods

Gürkan Kaplan

doi:10.29002/asujse.1225001

EN

Evaluation of Performances of Automotive Sector Companies Traded in BIST, Including the COVID-19 Pandemic Period, with TOPSIS, ELECTRE and CRITIC Methods

Abstract

It is known that financial performance is one of the most important criteria for company evaluations. While the financial performance evaluations of companies operating in different sectors can be evaluated under different criteria, it is possible to evaluate the financial performance of companies operating in the same sector using certain financial ratios. When Türkiye's export items are analyzed, it is seen how important the Automotive sector, which is one of the most important income items, is for the country. In this study, performance evaluations of 8 companies traded in this sector on BIST, including the COVID-19 pandemic period, were made using Multi-Criteria Decision Making Methods, based on their 2017-2021 year-end financials and 5-year average financial data. A total of 13 financial ratios, consisting of liquidity ratios, activity ratios, financial structure and ratios, and profitability ratios, were used in performance evaluations. Criteria weights of financial ratios were determined using the CRITIC method over 5-year average data. Performance evaluations of companies were made using TOPSIS and ELECTRE methods. The results were visualized using Bilateral Superiority Graph. Considering the 5-year period, according to TOPSIS and ELECTRE, while all companies passed the process successfully, the most successful companies were seen as DOAS, TTRAK and FROTO.

Keywords

References

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Details

Primary Language

English

Subjects

Experimental Mathematics

Journal Section

Research Article

Authors

Gürkan Kaplan ^*
0000-0002-6393-5546
Türkiye

Publication Date

December 30, 2023

Submission Date

December 27, 2022

Acceptance Date

July 25, 2023

Published in Issue

Year 2023 Volume: 7 Number: 2

DOI

https://doi.org/10.29002/asujse.1225001

IZ

https://izlik.org/JA24HC98DJ

Cite

RIS / Bibtex

APA

Kaplan, G. (2023). Evaluation of Performances of Automotive Sector Companies Traded in BIST, Including the COVID-19 Pandemic Period, with TOPSIS, ELECTRE and CRITIC Methods. Aksaray University Journal of Science and Engineering, 7(2), 85-98. https://doi.org/10.29002/asujse.1225001

Cited By

Analysis of the Effects of the Covid-19 Process on the Financial Performance of Businesses in the Defense Industry By the TOPSIS, EDAS, CoCoSo Method: ISE Sample

InTraders International Trade Academic Journal

https://doi.org/10.55065/intraders.1546733

Evaluation of Performances of Automotive Sector Companies Traded in BIST, Including the COVID-19 Pandemic Period, with TOPSIS, ELECTRE and CRITIC Methods

Abstract

Keywords

Öz

References

Details

Primary Language

Subjects

Journal Section

Authors

Publication Date

Submission Date

Acceptance Date

Published in Issue

DOI

IZ

Cite

Cited By

Analysis of the Effects of the Covid-19 Process on the Financial Performance of Businesses in the Defense Industry By the TOPSIS, EDAS, CoCoSo Method: ISE Sample