Investors based on financial ratios analysis of bourse companies can choose and purchase different company to invest. This study suggests use of MADM techniques to assist investors to make decision on investing. In this study we try to improve analysis of financial ratios with MADM techniques .We select 25 Cement companies from Tehran Stock Exchange. We collect required data from 1385 till 1389 from audited basic financial statement. At first determine weight of indicators with use of Entropy technique and then we can rank studied companies from financial indicators points of view with TOPSIS،ELECTRE & VIKOR and then with Copeland we rank them. The survey results show that the Cement companies of Ilam, Fars, Iran ghach, Khazar, Hormozgan, Kordestan are the highest ranking and results show that the Cement companies of Isfahan, Urmia, Ardebil, Hormozgan, and Behbahan are the lowest ranking. Finally، "The results of this study can help investors to choose superior company for investment with financial statement perspective.
Manuscript profile
