Investing in Malaysian healthcare using technique for order preference by similarity to ideal solution

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