BIST'te Islem Gören Gida Isletmelerinin Finansal Performanslarinin Gri Iliskisel Analiz Yöntemi Kullanilarak Degerlendirilmesi/Evaluation of Financial Performance of Gida Establishments Operating in BIST Using Gray-Relative Analysis Method

In this study, financial performance of food and beverage companies traded on Istanbul Stock Exchange (BIST) was evaluated. In this context, financial ratios of companies (liquidity ratios, operational ratios, financial structure ratios and profitability ratios) were calculated in groups and as a whole separately, using Grey Relational Analysis. An alternative method was proposed to investors, as decision-makers. Results were compared to those of the classical financial ratio analysis and found to be consistent.