Abstract:

In today's world, where economic crises are likely to occur at any time as well as technological developments in the world, performance measurement and evaluation are very important for companies. In addition, in the competitive market field, performance determination is needed to both increase the competitiveness of the company and determine its place in the market. In this regard, different methods are used to determine company performance. Within the scope of the study, the performance ranking of the financial ratios determined for the period 2013-2022 of 10 companies traded in the Manufacturing Sector-Stone and Soil-Based Subsector and engaged in cement manufacturing activities was determined in Borsa Istanbul (BIST) according to different criteria weights, and the market values of the companies were compared using a multi-criteria decision-making method applied according to the criteria weights used. AHP (Analytical Hierarchy Process) and Entropy methods were used to determine the criterion weights. In the study, the performances of the companies are evaluated according to 12 factors: Current Ratio, Cash Ratio, Acid-Test Ratio, Net Profit Margin, Operating Profitability, Return on Equity, Financial Leverage, Growth in Sales, Stock Turnover Rate, Asset Turnover Rate, Equity Turnover Rate and Earnings Per Share. The criteria were determined by the TOPSIS The Technique for Order of Preference by Similarity to Ideal Solution) multi-criteria decision-making method according to the different criterion weights used.

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