Identification and Ranking performance Indicators Using ISM and BWM Methods in Companies Listed in Tehran Stock Exchange

The current research sought to present a model for evaluating the financial performance of companies active in Tehran stock exchange. T this end, 50 financial ratios proposed by experts were utilized, among which, 49 ratios were finalized. These ratios were categorized into 6 groups including consolidation, economic, leverage, liquidity, profitability and activity. According to the experts` views, these ratios were weighted and analyzed using multivariate decision making criteria of BWM and Aras technique as well as Lingo software. Finally, the companies were ranked; among the existing 516 companies whose ratios were accessible, the investigations were conducted. The results indicated that Iran mineral salts company, Golgohar mining and industrial company and Khouzestan steel company obtained 1 to 3 rankings, respectively.