Bassett Furniture Industries, Incorporated manufactures, markets, and retails home furnishings in the United States and internationally.
Flawless balance sheet and fair value.
Share Price & News
How has Bassett Furniture Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BSET's share price has been volatile over the past 3 months.
7 Day Return
US Consumer Durables
1 Year Return
US Consumer Durables
Return vs Industry: BSET underperformed the US Consumer Durables industry which returned 28.5% over the past year.
Return vs Market: BSET underperformed the US Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is Bassett Furniture Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StIs Bassett Furniture Industries, Incorporated's (NASDAQ:BSET) CEO Pay Fair?
3 weeks ago | Simply Wall StBassett Furniture Industries, Incorporated Just Missed Earnings; Here's What Analysts Are Forecasting Now
4 weeks ago | Simply Wall StIs Bassett Furniture Industries, Incorporated's (NASDAQ:BSET) 2.8% ROE Worse Than Average?
Is Bassett Furniture Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BSET ($10.54) is trading below our estimate of fair value ($47.29)
Significantly Below Fair Value: BSET is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BSET is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.
PE vs Market: BSET is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BSET's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BSET is good value based on its PB Ratio (0.6x) compared to the US Consumer Durables industry average (1.5x).
How is Bassett Furniture Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSET is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: BSET is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: BSET's is expected to become profitable in the next 3 years.
Revenue vs Market: BSET's revenue (1.2% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: BSET's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BSET's Return on Equity is forecast to be low in 3 years time (6.7%).
How has Bassett Furniture Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSET is currently unprofitable.
Growing Profit Margin: BSET is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BSET is unprofitable, and losses have increased over the past 5 years at a rate of -17.6% per year.
Accelerating Growth: Unable to compare BSET's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BSET is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (7.3%).
Return on Equity
High ROE: BSET has a negative Return on Equity (-1.08%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Bassett Furniture Industries's financial position?
Financial Position Analysis
Short Term Liabilities: BSET's short term assets ($136.8M) exceed its short term liabilities ($72.3M).
Long Term Liabilities: BSET's short term assets ($136.8M) exceed its long term liabilities ($24.8M).
Debt to Equity History and Analysis
Debt Level: BSET is debt free.
Reducing Debt: BSET has no debt compared to 5 years ago when its debt to equity ratio was 1.6%.
Inventory Level: BSET has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if BSET's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BSET has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: BSET has been profitable on average in the past, therefore cash runway is not a concern.
What is Bassett Furniture Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BSET's dividend (4.74%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: BSET's dividend (4.74%) is in the top 25% of dividend payers in the US market (3.7%)
Stability and Growth of Payments
Stable Dividend: BSET has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BSET's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: BSET is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: BSET's dividends in 3 years are forecast to be well covered by earnings (43.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Spilman (63yo)
Mr. Robert H. Spilman, Jr., also known as Rob, has been President and Chief Executive Officer of Bassett Furniture Industries, Incorporated since March 2000. He has been with Bassett Furniture Industries I ...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD1.01M) is above average for companies of similar size in the US market ($USD519.76K).
Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.
|Senior VP and Chief Financial & Administrative Officer||7.1yrs||US$338.95k||0.43% $467.8k|
|Senior VP & Chief Operations Officer||0yrs||US$334.64k||0.39% $422.2k|
|Senior VP & Chief Sales Officer||7.1yrs||US$509.04k||0.31% $340.7k|
|Senior Vice President of Upholstery||11.1yrs||US$331.60k||0.13% $139.3k|
|VP & Chief Information Officer||0yrs||no data||no data|
|VP, General Counsel & Secretary||23.1yrs||no data||0.078% $84.4k|
|Vice President of Human Resources||0yrs||no data||no data|
|Senior VP & Chief Retail Officer||5.1yrs||no data||0.31% $338.5k|
|Vice President & Chief Creative Officer||0yrs||no data||no data|
Experienced Management: BSET's management team is seasoned and experienced (9.1 years average tenure).
|Independent Director||3.6yrs||US$74.99k||0.29% $312.5k|
|Lead Independent Director||3.9yrs||US$89.99k||0.32% $344.0k|
|Chairman Emeritus||3.9yrs||US$24.99k||0.64% $688.5k|
|Independent Director||13.1yrs||US$84.99k||0.11% $115.1k|
|Independent Director||15.4yrs||US$79.99k||0.15% $157.9k|
|Independent Director||9.1yrs||US$74.99k||0.093% $101.2k|
|Independent Director||1.9yrs||US$74.99k||0.045% $48.3k|
Experienced Board: BSET's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bassett Furniture Industries, Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Bassett Furniture Industries, Incorporated
- Ticker: BSET
- Exchange: NasdaqGS
- Founded: 1902
- Industry: Home Furnishings
- Sector: Consumer Durables
- Market Cap: US$108.210m
- Shares outstanding: 10.10m
- Website: https://www.bassettfurniture.com
Number of Employees
- Bassett Furniture Industries, Incorporated
- 3525 Fairystone Park Highway
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BSET||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1969|
Bassett Furniture Industries, Incorporated manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail, and Logistical Services. The company engages in the design, manufacture, sourcing, distribution, and sale of furniture products to a network of company-owned and licensee-owned Bassett Home Furnishings retail stores, as well as independent furniture retailers; and wood and upholstery operations. As of January 23, 2020, it operated a network of 103 company- and licensee-owned stores. It also provides shipping, delivery, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, specialty stores, and mass merchants. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 23:42|
|End of Day Share Price||2020/02/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.