Abstract

The construction sector is of great importance for the Turkish economy because of its employment and its connection to many business sectors. For this reason, the construction sector is chosen as the subject of the study. This study aims to measure the financial performances of 9 enterprises traded in the construction and public works sector in Borsa Istanbul (BIST) with the support of financial ratios. For this purpose, the financial performances of 9 enterprises between 2015-2019 are measured by TOPSIS (a technique for Order Preference by Similarity to Ideal Solution). First, eight ratios determined from liquidity, leverage, activity, and profitability were calculated individually for each business. Then, financial performance rankings of 9 enterprises operating in the construction and public works sector are made, and it is found that the performance rankings of the enterprises are similar over the years.

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