Analysis of profitability performance of automotive companies traded on BIST using LOPCOW and MABAC methods

Ömer Orbay Çetin; Muhammed Karataş

Makale detayları

Analysis of profitability performance of automotive companies traded on BIST using LOPCOW and MABAC methods

Yazarlar:

Ömer Orbay Çetin | Muhammed Karataş

Yayıncı:

Nevsehir Haci Bektas Veli University

Ana Başlıklar:

İşletme

Dergi:

Nevşehir Hacı Bektaş Veli Üniversitesi SBE Dergisi Vol.14 Issue 3, pp.1470-1496

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001327912

pISSN:

2149-3871

Anahtar kelimeler:

Özet:

 The automotive sector, which is undergoing a new transformation with concepts such as electric vehicles, autonomous driving and shared travel, is becoming an increasingly important sector in many areas, especially in logistics. As the sector grows in importance worldwide, the trade volume and profitability rates of companies are expected to increase. Although there are many new opportunities that will provide profitability in the sector, it should not be ignored that if companies do not update themselves and catch up with innovations, they may fail in a difficult competitive environment. In line with this information, the purpose of this research is to analyze the profitability of automotive companies. Within the scope of the research, the profitability performance of 8 automotive companies traded on Borsa Istanbul BIST is analyzed. A 10-year data set covering the years 2013-2022 was created for 8 companies. With the inclusion of 7 ratios that are frequently used in profitability ratios, their financial performance in terms of profitability was analyzed by using LOPCOW and MABAC methods, which are Multi Criteria Decision Making MCDM methods. As a result of the findings obtained from the analysis, Otokar Automotive and Defense Industry Inc. OTKAR for 2020 and 2021 and Doğuş Automotive Service and Trade Inc. DOAS for 2022 were determined as the companies with the most successful profitability performance.

 The automotive sector, which is undergoing a new transformation with concepts such as electric vehicles, autonomous driving and shared travel, is becoming an increasingly important sector in many areas, especially in logistics. As the sector grows in importance worldwide, the trade volume and profitability rates of companies are expected to increase. Although there are many new opportunities that will provide profitability in the sector, it should not be ignored that if companies do not update themselves and catch up with innovations, they may fail in a difficult competitive environment. In line with this information, the purpose of this research is to analyze the profitability of automotive companies. Within the scope of the research, the profitability performance of 8 automotive companies traded on Borsa Istanbul BIST is analyzed. A 10-year data set covering the years 2013-2022 was created for 8 companies. With the inclusion of 7 ratios that are frequently used in profitability ratios, their financial performance in terms of profitability was analyzed by using LOPCOW and MABAC methods, which are Multi Criteria Decision Making MCDM methods. As a result of the findings obtained from the analysis, Otokar Automotive and Defense Industry Inc. OTKAR for 2020 and 2021 and Doğuş Automotive Service and Trade Inc. DOAS for 2022 were determined as the companies with the most successful profitability performance.

 The automotive sector, which is undergoing a new transformation with concepts such as electric vehicles, autonomous driving and shared travel, is becoming an increasingly important sector in many areas, especially in logistics. As the sector grows in importance worldwide, the trade volume and profitability rates of companies are expected to increase. Although there are many new opportunities that will provide profitability in the sector, it should not be ignored that if companies do not update themselves and catch up with innovations, they may fail in a difficult competitive environment. In line with this information, the purpose of this research is to analyze the profitability of automotive companies. Within the scope of the research, the profitability performance of 8 automotive companies traded on Borsa Istanbul BIST is analyzed. A 10-year data set covering the years 2013-2022 was created for 8 companies. With the inclusion of 7 ratios that are frequently used in profitability ratios, their financial performance in terms of profitability was analyzed by using LOPCOW and MABAC methods, which are Multi Criteria Decision Making MCDM methods. As a result of the findings obtained from the analysis, Otokar Automotive and Defense Industry Inc. OTKAR for 2020 and 2021 and Doğuş Automotive Service and Trade Inc. DOAS for 2022 were determined as the companies with the most successful profitability performance.

 Elektrikli araçlar, otonom sürüş, paylaşımlı yolculuk gibi kavramlarla yeni bir dönüşüm içerisine giren otomotiv sektörü, özellikle lojistik alanı başta olmak üzere pek çok alanda giderek daha önemli bir sektör haline gelmektedir. Sektörün dünya genelinde öneminin artmasına bağlı olarak ticaret hacminde ve şirketlerin kârlılık oranlarında da artış beklenmektedir. Sektörde kârlılık sağlayacak birçok yeni fırsat olmakla birlikte şirketlerin kendisini güncellememesi ve yenilikleri yakalayamaması durumunda zorlaşan rekabet ortamı içerisinde başarısız olma ihtimalleri de göz ardı edilmemelidir. Bu bilgiler doğrultusunda bu araştırmanın amacı otomotiv şirketlerinin kârlılıklarının analiz edilmesi olarak belirlenmiştir. Araştırma kapsamında Borsa İstanbulda BİST işlem gören 8 otomotiv şirketinin kârlılık performansı ele alınmıştır. 8 şirkete ait 2013-2022 yıllarını kapsayacak şekilde 10 yıllık bir veri seti oluşturulmuştur. Kârlılık oranları içerisinde sıklıkla kullanılan 7 oranın dahil edilmesiyle birlikte Çok Kriterli Karar Verme ÇKKV Yöntemlerinden olan LOPCOW ve MABAC yöntemlerinin kullanımıyla kârlılık açısından finansal performansları analiz edilmiştir. Analizden elde edilen bulgular sonucunda 2020 ve 2021 yılları için Otokar Otomotiv ve Savunma Sanayi A.Ş. OTKAR, 2022 yılı için ise Doğuş Otomotiv Servis ve Ticaret A.Ş. DOAS şirketi en başarılı kârlılık performansına sahip şirketler olarak tespit edilmiştir.

Makale detayları

Analysis of profitability performance of automotive companies traded on BIST using LOPCOW and MABAC methods

Yazarlar:

Ömer Orbay Çetin | Muhammed Karataş

Yayıncı:

Nevsehir Haci Bektas Veli University

Ana Başlıklar:

İşletme

Dergi:

Nevşehir Hacı Bektaş Veli Üniversitesi SBE Dergisi Vol.14 Issue 3, pp.1470-1496

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001327912

pISSN:

2149-3871

Automotive Logistics

Financial Statement Analysis

Profitability Ratios

LOPCOW

MABACOtomotiv Lojistiği

Mali Tablolar Analizi

Kârlılık Oranları

LOPCOW

MABAC

Sayı

Makale detayları

Yazarlar: Ömer Orbay Çetin | Muhammed Karataş

Yayıncı: Nevsehir Haci Bektas Veli University

Ana Başlıklar: İşletme

Dergi: Nevşehir Hacı Bektaş Veli Üniversitesi SBE Dergisi Vol.14 Issue 3, pp.1470-1496

Belge Tipi: Makale

Yayın Tarihi: 9/2024

Belge Dili: Türkçe

Document ID (Org No.): 2001327912

pISSN: 2149-3871

Sayı

Yazarlar:

Ömer Orbay Çetin | Muhammed Karataş

Yayıncı:

Nevsehir Haci Bektas Veli University

Ana Başlıklar:

İşletme

Dergi:

Nevşehir Hacı Bektaş Veli Üniversitesi SBE Dergisi Vol.14 Issue 3, pp.1470-1496

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001327912

pISSN:

2149-3871