Abstract:

In this study, financial performance analysis of textile, ready-to-wear and leather enterprises that were traded in BIST between 2014-2017 was carried out using AHP and VIKOR methods, which are multi-criteria decision-making methods. The benchmark criteria used in financial performance analysis are financial ratio. In the study first were made the weighting and ranking of the financial ratio by AHP method. The profitability of sales ratio ranked first place and stock dependency ratio ranked last place In the second stage, financial performance of these, according to their strategic weight and group benefit at different levels was ranked by the VIKOR method. Consequently SNPAM can be said providing approximately the best financial performance.

Keywords:

Abstract:

In this study, financial performance analysis of textile, ready-to-wear and leather enterprises that were traded in BIST between 2014-2017 was carried out using AHP and VIKOR methods, which are multi-criteria decision-making methods. The benchmark criteria used in financial performance analysis are financial ratios. In the study firstly were made the weighting and ranking of the financial ratios by AHP method. The profitability of sales ratio ranked first place and stock dependency ratio ranked last place In the second stage, financial performance of these businesses, according to their strategic weight and group benefit at different levels was ranked by the VIKOR method. Consequently SNPAM can be said providing approximately the best financial performance.