This study is conducted to determine relative efficiency levels and financial performance status of businesses in BIST Food, Beverage index. In empirical application, using firms’ financial data of the period 2012-2013, firms’ efficiency levels are researched via Data Envelopment Analysis (DEA) technique and firms’ financial performances are sorted via accordance to their closeness to ideal solution via TOPSIS method as Multiple Criteria Decision Making Method. As a result, it is concluded that efficiency and performance ranks of businesses did not coincide; and firms which were observed efficient according to DEA method, did not have similarities with firms with high performance according to TOPSIS analysis


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