This research aims to propose TOPSIS model in evaluating, comparing, and ranking the Malaysian companies under the construction sector according to their financial performance using financial ratio. Previously, TOPSIS model and financial ratio as tools of measurement have been applied to evaluate, compare, and rank the financial performance of the companies. Nevertheless, there are not many researches have been done on TOPSIS model in Malaysia’s construction sector. Hence, this paper intends to fill in the loopholes by assessing the performance of the companies from the construction sector in Malaysia stock market by implementing the proposed model. Based from the findings, TOPSIS model was able to assess the companies’ financial performance and consequently rank them. The results from the study parallel with the study done by other investment agencies. Therefore, this method can be opted to substitute the fundamental and technical valuation that is commonly utilised by the investment analysts.

This paper aims to evaluate financial performance of companies from services sector in Malaysia using TOPSIS multi-criteria decision-making method. Financial data of 10 companies in 2017 are retrieved from DataStream. For many years, financial ratios are used to analyse financial performance of a companies. However, some studies indicate that traditional ratio analysis is insufficient to measure firm’s financial performance. Thus, this paper applies Technique for order Preference by Similarity to ideal Solution (TOPSIS) to obtain a more comprehensive result. This TOPSIS approach which involves seven step utilizes financial ratios such as current ratio, acid test ratio, debt ratio, debt to equity ratio, return on asset (ROA), return on equity (ROE) and earnings per share (EPS) as criteria to evaluate the companies’ financial performance. The ultimate finding of this study is the ranking of the companies which also suggest the investor on which companies to invest based on their financial performance. The results from this research are found to be consistent with the analysis by various investment agencies. Thus, this approach can be used as an alternative to the traditional valuation that has been used before.

The purpose of this research is to assess the financial performance of Malaysian Healthcare companies using the multi-criteria and decision-making method, namely technique for order preference by similarity to ideal solution (TOPSIS). The financial data of 20 companies in 2019 are retrieved from Datastream. For many years, ratios of financial aspects have been employed to analyse the companies’ financial performance. However, some studies indicate that the traditional ratio analysis is insufficient to measure a firm's financial performance. Thus, this paper employs the technique for order preference by similarity to ideal solution, or simply TOPSIS, to gain a more comprehensive result. The TOPSIS approach involves seven steps, utilizing significant ratios in financial aspect such as debt ratio, debt to equity ratio, current ratio, return on equity (ROE), acid-test ratio, earnings per share (EPS), and return on asset (ROA), as the criteria to evaluate the companies' financial performances. The result of this study ranks 20 healthcare companies in Malaysia and makes recommendations for investment-worthy companies to the investors, allowing the maximization of investment benefits. The results from this research are crucial for investors, companies, market participants, public and private policymakers to enhance their investment decision-making.