Evaluation of Performances of Automotive Sector Companies Traded in BIST, Including the COVID-19 Pandemic Period, with TOPSIS, ELECTRE and CRITIC Methods
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Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Aksaray Üniversitesi
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
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.
Açıklama
Anahtar Kelimeler
TOPSIS, ELECTRE, CRITIC, COVID-19, Automotive
Kaynak
Aksaray University Journal of Science and Engineering
WoS Q Değeri
Scopus Q Değeri
Cilt
7
Sayı
2