Comparison of the Financial Performance of the Companies Traded in the BİST Automotive Sector With Entropy Weighted TOPSIS Method

Yücekaya P.

1st International Conference on Applied Management, Economics, Business, and Social Science (ICAMEBSS), Jakarta, Indonesia, 24 - 25 February 2025, pp.907-923, (Full Text)

  • Publication Type: Conference Paper / Full Text
  • City: Jakarta
  • Country: Indonesia
  • Page Numbers: pp.907-923
  • Çanakkale Onsekiz Mart University Affiliated: Yes

Abstract

The aim of this research is to analyze the financial performance of the companies operating in the automotive sector whose stocks are traded in Borsa Istanbul (BIST) by using multi-criteria decision making methods and ranking them according to their financial performance. Eight companies in the automotive sector in Borsa Istanbul were analyzed, and the data provided by KAP (Public Disclosure Platform) were used for the analyzed company data. For this study, first of all, in order to compare the financial performance of publicly traded companies operating in the automotive sector, the criteria that will be the basis for the evaluation were determined. Then, the importance weights of the criteria were determined by Entropy method. Finally, TOPSIS method was used to evaluate the data together with the criteria and importance weights and financial performance ranking was made.