FACTORS AFFECTING COMPANY VALUE WITH PANEL QUANTIL REGRESSION: BIST STONE AND SOIL-BASED MANUFACTURING SECTOR EXAMPLE

This study aims to determine the impact of profit margin, debt ratio, and company size on company value using panel quantile regression. Company value is a key indicator of financial performance for publicly traded companies, reflecting expected profitability for stakeholders. The research focuses on Stone and Earth-Based Manufacturing Sector companies listed on Borsa Istanbul (BIST) during the 2014-2023 period. Out of 26 companies in the stone and earth-based sector based on stone and earth traded on BIST, 17 with accessible data were included in the analysis. Purposeful sampling was used, and data evaluation was conducted using Stata 17 and Eviews 10 econometric methods. The study's findings suggest that the debt ratio positively influences company value, while profit margin and company size have negative effects. These results provide insights into how these financial ratios impact company value, offering guidance for stakeholders and decision-makers in the stone and earth-based sector.