Performance evaluation and analysis through the topsis method of firms in the automotive sector whose stocks trading in BİST

The Turkish automotive sector is one of the most important sectors in terms of making great technological and financial investments, contributing to the economy of the country and pioneering other sectors. Companies operating in the automotive sector in Turkey need to increase their financial performance in order to be more competitive both nationally and globally as well as profitable as the main objective. Having information about the financial performances of the companies and examining them is an important situation for business owners, managers, shareholders, lenders, potential investors and related institutions. In this study, the financial ratios of the 7 companies operating in the automotive sector whose stocks are traded in Stock Exchange Istanbul (BİST) were determined by using financial statements and activity reports between 2010-2015. These financial ratios were examined through the TOPSIS method, which is one of multi-criteria decision making methods. The financial ratios determined by the TOPSIS method have been converted into a single score. In the following of this phase, the data obtained by the TOPSIS method are ordered starting from the highest score. As a result of the study, it is seen that some companies keep their ranking steadily, while the rest of the companies show varying place in the order. The relationship between sequential variability of firms and their financial performance is examined.