The Performance Measurement of Enterprises Traded in Borsa Istanbul the Emerging Companies Market with Grey Relational Analysis

In this study, the performance measurement of eleven enterprises traded in Borsa Istanbul the Emerging Companies Market was performed. For this aim, six-rates were obtained by using the balance sheet and income statement data of the year 2011. The Grey Relational Analysis was applied by using these rates. As a result of the analysis, it was concluded that Denge Yatirim Holding Inc. (DENGE) had the highest performance. Furthermore, it was found that the rates of net profit/total assets, net profit/capital stock, net profit/net sales of DENGE had high profitability ratios values.