BSET Stock Overview
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally.
Bassett Furniture Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$20.16|
|52 Week High||US$24.12|
|52 Week Low||US$13.16|
|1 Month Change||-11.46%|
|3 Month Change||34.85%|
|1 Year Change||2.80%|
|3 Year Change||62.98%|
|5 Year Change||-42.07%|
|Change since IPO||3.56%|
Recent News & Updates
Bassett Furniture Industries (NASDAQ:BSET) Will Pay A Larger Dividend Than Last Year At $0.16
The board of Bassett Furniture Industries, Incorporated ( NASDAQ:BSET ) has announced that it will be paying its...
Bassett Furniture raises dividend by 14% to $0.16/share
Bassett Furniture (NASDAQ:BSET) declares $0.16/share quarterly dividend, 14.3% increase from prior dividend of $0.14. Forward yield 2.84% Payable Aug. 26; for shareholders of record Aug. 12; ex-div Aug. 11. See BSET Dividend Scorecard, Yield Chart, & Dividend Growth.
A Look At The Fair Value Of Bassett Furniture Industries, Incorporated (NASDAQ:BSET)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Bassett Furniture...
|BSET||US Consumer Durables||US Market|
Return vs Industry: BSET exceeded the US Consumer Durables industry which returned -25.1% over the past year.
Return vs Market: BSET exceeded the US Market which returned -9% over the past year.
|BSET Average Weekly Movement||7.1%|
|Consumer Durables Industry Average Movement||7.7%|
|Market Average Movement||7.6%|
|10% most volatile stocks in US Market||17.1%|
|10% least volatile stocks in US Market||3.1%|
Stable Share Price: BSET is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BSET's weekly volatility (7%) has been stable over the past year.
About the Company
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail –company-owned Stores, and Logistical Services. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations.
Bassett Furniture Industries Fundamentals Summary
|BSET fundamental statistics|
Is BSET overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BSET income statement (TTM)|
|Cost of Revenue||US$285.78m|
Last Reported Earnings
May 28, 2022
Next Earnings Date
|Earnings per share (EPS)||2.30|
|Net Profit Margin||4.09%|
How did BSET perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is BSET undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BSET?
Other financial metrics that can be useful for relative valuation.
|What is BSET's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does BSET's PE Ratio compare to its peers?
|BSET PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
HOFT Hooker Furnishings
FLXS Flexsteel Industries
LIVE Live Ventures
ETD Ethan Allen Interiors
BSET Bassett Furniture Industries
Price-To-Earnings vs Peers: BSET is good value based on its Price-To-Earnings Ratio (8.8x) compared to the peer average (14.6x).
Price to Earnings Ratio vs Industry
How does BSET's PE Ratio compare vs other companies in the US Consumer Durables Industry?
Price-To-Earnings vs Industry: BSET is expensive based on its Price-To-Earnings Ratio (8.8x) compared to the US Consumer Durables industry average (8.1x)
Price to Earnings Ratio vs Fair Ratio
What is BSET's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.8x|
|Fair PE Ratio||3.4x|
Price-To-Earnings vs Fair Ratio: BSET is expensive based on its Price-To-Earnings Ratio (8.8x) compared to the estimated Fair Price-To-Earnings Ratio (3.4x).
Share Price vs Fair Value
What is the Fair Price of BSET when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BSET ($20.16) is trading below our estimate of fair value ($23.31)
Significantly Below Fair Value: BSET is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
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How is Bassett Furniture Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BSET's earnings are forecast to decline over the next 3 years (-37.8% per year).
Earnings vs Market: BSET's earnings are forecast to decline over the next 3 years (-37.8% per year).
High Growth Earnings: BSET's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BSET's revenue is expected to decline over the next 3 years (-6% per year).
High Growth Revenue: BSET's revenue is forecast to decline over the next 3 years (-6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BSET's Return on Equity is forecast to be high in 3 years time
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How has Bassett Furniture Industries performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSET has a high level of non-cash earnings.
Growing Profit Margin: BSET's current net profit margins (4.1%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: BSET's earnings have declined by 9.4% per year over the past 5 years.
Accelerating Growth: BSET's earnings growth over the past year (23.7%) exceeds its 5-year average (-9.4% per year).
Earnings vs Industry: BSET earnings growth over the past year (23.7%) underperformed the Consumer Durables industry 31.9%.
Return on Equity
High ROE: BSET's Return on Equity (11.2%) is considered low.
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How is Bassett Furniture Industries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: BSET's short term assets ($221.7M) exceed its short term liabilities ($121.1M).
Long Term Liabilities: BSET's short term assets ($221.7M) exceed its long term liabilities ($102.5M).
Debt to Equity History and Analysis
Debt Level: BSET is debt free.
Reducing Debt: BSET has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: BSET has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BSET has no debt, therefore coverage of interest payments is not a concern.
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What is Bassett Furniture Industries's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BSET's dividend (3.17%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: BSET's dividend (3.17%) is low compared to the top 25% of dividend payers in the US market (3.99%).
Stability and Growth of Payments
Stable Dividend: BSET's dividend payments have been volatile in the past 10 years.
Growing Dividend: BSET's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.5%), BSET's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BSET is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Spilman (66 yo)
Mr. Robert H. Spilman, Jr., also known as Rob, has been President and Chief Executive Officer of Bassett Furniture Industries, Incorporated since March 2000. He has been with Bassett Furniture Industries I...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD1.66M) is about average for companies of similar size in the US market ($USD1.67M).
Compensation vs Earnings: Rob's compensation has increased by more than 20% in the past year.
Experienced Management: BSET's management team is seasoned and experienced (13.6 years average tenure).
Experienced Board: BSET's board of directors are seasoned and experienced ( 11.6 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 employee growth, exchange listings and data sources
- Name: Bassett Furniture Industries, Incorporated
- Ticker: BSET
- Exchange: NasdaqGS
- Founded: 1902
- Industry: Home Furnishings
- Sector: Consumer Durables
- Implied Market Cap: US$186.428m
- Shares outstanding: 9.25m
- Website: https://www.bassettfurniture.com
Number of Employees
- Bassett Furniture Industries, Incorporated
- 3525 Fairystone Park Highway
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/18 00:00|
|End of Day Share Price||2022/08/18 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.