Financial Performance Analysis with LODECI and CRADIS in BIST Cement Industry

Osman Pala; Özgür Atçeken; Hasan Omurtak; Berat Şimşir

Makale detayları

Financial Performance Analysis with LODECI and CRADIS in BIST Cement Industry

Yazarlar:

Osman Pala | Özgür Atçeken | Hasan Omurtak | Berat Şimşir

Yayıncı:

Alanya Alaaddin Keykubat Üniversitesi

Ana Başlıklar:

Finans

Dergi:

Alanya Akademik Bakış Vol.8 Issue 3, pp.956-970

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001328634

pISSN:

2651-4192

Anahtar kelimeler:

Özet:

 Turkish cement industry is a highly developed and important sector. The sector is considered an important indicator of growth and development in the countrys economy. Cement companies can apply different analyis to increase their financial performance. Financial performance analysis is implied by evaluating the financial performance of a company along with its competitors on multiple financial indicators. These analyzes provide valuable information for the companys board of directors, investors, and other stakeholders. One of the methods frequently used in performing analyzes is multi-criteria decision-making techniques. In this study, LODECI, which has recently been introduced to the literature, and CRADIS, which has recently acknowledged to be used, were utilized together for the first time in determining the importance levels of financial indicators and ranking the performances, respectively. In the study carried out by measuring the financial performance levels of the companies in the BIST Cement index between the 2020-2022 periods, the importance of return on equity was revealed, and it was elicit that the net profit margins of companies with low performance should also be improved in addition to the return on equity. For these improvements, focus should be on cost control and efficiency, and for this purpose, it is important to prioritize cost analysis, operational efficiency and use of technology.

 Turkish cement industry is a highly developed and important sector. The sector is considered an important indicator of growth and development in the countrys economy. Cement companies can apply different analyis to increase their financial performance. Financial performance analysis is implied by evaluating the financial performance of a company along with its competitors on multiple financial indicators. These analyzes provide valuable information for the companys board of directors, investors, and other stakeholders. One of the methods frequently used in performing analyzes is multi-criteria decision-making techniques. In this study, LODECI, which has recently been introduced to the literature, and CRADIS, which has recently acknowledged to be used, were utilized together for the first time in determining the importance levels of financial indicators and ranking the performances, respectively. In the study carried out by measuring the financial performance levels of the companies in the BIST Cement index between the 2020-2022 periods, the importance of return on equity was revealed, and it was elicit that the net profit margins of companies with low performance should also be improved in addition to the return on equity. For these improvements, focus should be on cost control and efficiency, and for this purpose, it is important to prioritize cost analysis, operational efficiency and use of technology.

 Turkish cement industry is a highly developed and important sector. The sector is considered an important indicator of growth and development in the countrys economy. Cement companies can apply different analyis to increase their financial performance. Financial performance analysis is implied by evaluating the financial performance of a company along with its competitors on multiple financial indicators. These analyzes provide valuable information for the companys board of directors, investors, and other stakeholders. One of the methods frequently used in performing analyzes is multi-criteria decision-making techniques. In this study, LODECI, which has recently been introduced to the literature, and CRADIS, which has recently acknowledged to be used, were utilized together for the first time in determining the importance levels of financial indicators and ranking the performances, respectively. In the study carried out by measuring the financial performance levels of the companies in the BIST Cement index between the 2020-2022 periods, the importance of return on equity was revealed, and it was elicit that the net profit margins of companies with low performance should also be improved in addition to the return on equity. For these improvements, focus should be on cost control and efficiency, and for this purpose, it is important to prioritize cost analysis, operational efficiency and use of technology.

 Türkiye çimento sektörü, oldukça gelişmiş ve önemli bir sektördür. Sektör, ülke ekonomisindeki büyüme ve gelişmenin önemli bir göstergesi olarak kabul edilmektedir. Çimento şirketleri, finansal performanslarını artırmak için farklı analizler uygulayabilirler. Bu analizler, şirketin yönetim kurulu, yatırımcılar ve diğer paydaşlar için değerli bilgiler sağlar. Analizlerin gerçekleştirmesinde sıklıkla kullanılan yöntemlerden bir tanesi ise çok kriterli karar verme teknikleridir. Bu çalışmada finansal göstergelerin önem düzeylerinin belirlenmesinde literatüre yeni dahil olan LODECI ve yine yakın zamanda performans sıralamasında kullanılmaya başlanılan CRADIS yöntemleri ilk defa birlikte kullanılmışlardır. BIST Çimento endeksindeki şirketlerin 2020-2022 dönemi arası finansal başarım düzeylerinin ölçülmesi ile gerçekleştirilen çalışmada, öz sermaye karlılığının önemi ortaya çıkarken, özellikle düşük performansa sahip şirketlerin, öz sermaye karlılığına ek olarak net kar marjlarının da iyileştirilmesi gerektiği ortaya çıkmıştır. Bu iyileştirmeler için Maliyet kontrolü ve verimlilik üzerinde yoğunlaşılmalı ve bunun için maliyet analizleri, operasyonel verimlilik ve teknoloji kullanımı ön planda tutulması önem arzetmektedir.

Makale detayları

Financial Performance Analysis with LODECI and CRADIS in BIST Cement Industry

Yazarlar:

Osman Pala | Özgür Atçeken | Hasan Omurtak | Berat Şimşir

Yayıncı:

Alanya Alaaddin Keykubat Üniversitesi

Ana Başlıklar:

Finans

Dergi:

Alanya Akademik Bakış Vol.8 Issue 3, pp.956-970

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001328634

pISSN:

2651-4192

BIST Cement

MCDM

LODECI

CRADIS

Financial PerformanceBIST Çimento

ÇKKV

LODECI

CRADIS

Finansal Performans

Sayı

Makale detayları

Yazarlar: Osman Pala | Özgür Atçeken | Hasan Omurtak | Berat Şimşir

Yayıncı: Alanya Alaaddin Keykubat Üniversitesi

Ana Başlıklar: Finans

Dergi: Alanya Akademik Bakış Vol.8 Issue 3, pp.956-970

Belge Tipi: Makale

Yayın Tarihi: 9/2024

Belge Dili: Türkçe

Document ID (Org No.): 2001328634

pISSN: 2651-4192

Sayı

Yazarlar:

Osman Pala | Özgür Atçeken | Hasan Omurtak | Berat Şimşir

Yayıncı:

Alanya Alaaddin Keykubat Üniversitesi

Ana Başlıklar:

Finans

Dergi:

Alanya Akademik Bakış Vol.8 Issue 3, pp.956-970

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

Türkçe

Document ID (Org No.):

2001328634

pISSN:

2651-4192