Özet:

The study aims to compare the financial performance of small and medium-sized enterprises (SMEs) trading in the Exchange of Istanbul (BIST) between 2013 and 2017. For this purpose, using the information obtained from the financial statements of companies operating in the BIST KOBI Industry Index, a total of 10 financial statements have been used, including the currency rate, the stock turnover rate, the debt/self-resource rate, the debt/active rate, the turnover rate, the turnover rate of the asset, the net profit margin rate, the profitability of the assets, the main activity profit margin rate and the cost of sales/net sales rate. The weights of the financial rates obtained were determined by the average weight method and the financial performance of the 27 companies operating in the BIST KOBI Industry Index was attempted to be identified by the method of Grey Relational Analysis (GIA) from multiple criteria decision-making methods. According to the results of the GIA; the company that showed financial performance in the period 2013-2017 has been identified as the Polytechnic Metal company, and the company that showed poor financial performance as the Eminiş Packaging company.