Measuring the Financial Performance of Transportation and Warehousing Companies Traded on the BIST

Since the transportation sector is the first and important part of investment decisions and the production process and has an important place in the economic structures of countries in terms of its economic impact, the financial performance of BIST Transportation and Warehousing Index companies for the 2019-2023 periods was analyzed in the study. Net Profit Margin, Operating Profit Margin, Return on Assets, Return on Equity and Economic Efficiency are used as criteria for analyzing the financial performance of the companies. After weighting the criteria with ENTROPI method, financial performance was evaluated with ELECTRE and Grey relational analysis method. As a result of the comparison of the analyzes made with the MCDM methods, the best performance according to both methods is TLMAN in 2019, 2020, 2021 and 2022, THYAO in 2023, and the worst performance is GSDDE and RYSAS in 2019 according to the ELECTRE method, RYSAS according to the GRA method, PGSUS and CLEBI according to the ELECTRE method, CLEBI according to the GRA method in 2020, PGSUS according to both methods in 2021, BEYAZ according to both methods in 2022, and GSDDE according to both methods in 2023.

Authors

Institutions

Publication Details

Journal
Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi
Published
2025-04-01
DOI
https://doi.org/10.17153/oguiibf.1585110
Primary Topic
Efficiency Analysis Using DEA
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Measuring the Financial Performance of Transportation and Warehousing Companies Traded on the BIST

Cem Kartal, Zafer Özdil
Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi
Efficiency Analysis Using DEA
article

Measuring the Financial Performance of Transportation and Warehousing Companies Traded on the BIST

Cem Kartal, Zafer Özdil
article en

Abstract

Since the transportation sector is the first and important part of investment decisions and the production process and has an important place in the economic structures of countries in terms of its economic impact, the financial performance of BIST Transportation and Warehousing Index companies for the 2019-2023 periods was analyzed in the study. Net Profit Margin, Operating Profit Margin, Return on Assets, Return on Equity and Economic Efficiency are used as criteria for analyzing the financial performance of the companies. After weighting the criteria with ENTROPI method, financial performance was evaluated with ELECTRE and Grey relational analysis method. As a result of the comparison of the analyzes made with the MCDM methods, the best performance according to both methods is TLMAN in 2019, 2020, 2021 and 2022, THYAO in 2023, and the worst performance is GSDDE and RYSAS in 2019 according to the ELECTRE method, RYSAS according to the GRA method, PGSUS and CLEBI according to the ELECTRE method, CLEBI according to the GRA method in 2020, PGSUS according to both methods in 2021, BEYAZ according to both methods in 2022, and GSDDE according to both methods in 2023.

Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler DergisiVol. 20(3)
Sağlık Bilimleri Üniversitesi (TR), Sakarya Uygulamalı Bilimler Üniversitesi
Openalex Percentile: Top 93%
Efficiency Analysis Using DEA
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.