The invention discloses a TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) model-based intelligent substation secondary equipment evaluation method. The method mainly comprises the following steps: (1) acquiring characteristic sample indexes of each secondary equipment of an intelligent substation; (2) constructing an initial matrix according to the characteristic sample indexes of each secondary equipment and further obtaining a standardized decision making matrix by using a vector standardization method; (3) determining a weight value matrix and performing point multiplication on the weight value matrix and the standardized matrix to obtain a standardized weight decision making matrix; (4) determining a positive ideal solution vector and a negative ideal solution vector, and calculating the relative similarity degree of an evaluation index and the positive ideal solution of each evaluation object; (5) obtaining the state level of each secondary equipment, then determining a weight value of each secondary equipment, and finally obtaining a weighted comprehensive state level of the secondary equipment of the intelligent substation. By using the method, large sample data with multiple indexes and multiple evaluation objects of the intelligent substation can be considered, so that the operation status of the secondary equipment of the intelligent substation is more accurately evaluated.