EVALUATION OF FINANCIAL PERFORMANCES IN TERMS OF SUB-SECTORS OF BASIC METAL INDUSTRY WITH AHP AND TOPSIS METHODS

The basic metal sector which is one of the largest sectors of the industry depends on its financial performance to sustain its existence and to increase its competitive power. The purpose of the study is to analyze the financial performance of the sub-sectors in the basic metal industry for the period 2014-2016, considering the liquidity, financial structure, activity and profitability ratios. In the study, financial performances were analyzed with the Analytical Hierarchy Process (AHP) and Technique for Order Preference to Ideal Solution (TOPSIS) methods. In this context, firstly weights of criteria are determined by using AHP method and then financial performance scores of sectors are calculated and ranked by TOPSIS method. As a result of the analysis, it has been determined that the most successful sector for each year is the manufacturing sector of the other products obtained at the first processing of the steel