This study aims to evaluate and rank the financial performance of transportation companies in Malaysia using the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS), a widely accepted Multi-Criteria Decision-Making (MCDM) tool. The main objective is to rank the companies based on multiple financial indicators, including profitability, liquidity, efficiency, and leverage. Financial data were collected from annual reports and analyzed using TOPSIS to determine each firm's relative closeness to the ideal financial performance. The results reveal significant variations in performance across firms, where high return on assets and minimal debt levels drive top rankings. The findings deliver practical, data-based benchmarks that aid investment decisions, policy formulation, and strategic planning in the transportation industry.
| Item Type: | Article |
|---|---|
| Creators: | Creators Email / ID Num. Abd Rahim, Zati Halwani UNSPECIFIED Azhar, Farah Waheeda UNSPECIFIED |
| Subjects: | H Social Sciences > HE Transportation and Communications > Transportation (General works). Communication and traffic > Malaysia H Social Sciences > HG Finance > Financial management. Business finance. Corporation finance |
| Divisions: | Universiti Teknologi MARA, Melaka > Alor Gajah Campus > Academy of Contemporary Islamic Studies (ACIS) |
| Journal or Publication Title: | Journal of Islamic Philanthropy & Social Finance (JIPSF) |
| ISSN: | 2590-3942 |
| Volume: | 7 |
| Number: | 2 |
| Page Range: | pp. 63-73 |
| Keywords: | Financial performance, Multi-criteria decision making, TOPSIS, Transportation sector, Ranking |
| Date: | September 2025 |
| URI: | https://ir.uitm.edu.my/id/eprint/136997 |
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