Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. More Details
Flawless balance sheet with reasonable growth potential.
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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: BSET's weekly volatility (8%) has been stable over the past year.
7 Day Return
US Consumer Durables
1 Year Return
US Consumer Durables
Return vs Industry: BSET exceeded the US Consumer Durables industry which returned 114.1% over the past year.
Return vs Market: BSET exceeded the US Market which returned 50.5% over the past year.
Long-Term 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 week ago | Simply Wall StWhat Kind Of Shareholders Hold The Majority In Bassett Furniture Industries, Incorporated's (NASDAQ:BSET) Shares?
1 month ago | Simply Wall StIf You Had Bought Bassett Furniture Industries (NASDAQ:BSET) Stock A Year Ago, You Could Pocket A 282% Gain Today
2 months ago | Simply Wall StDoes It Make Sense To Buy Bassett Furniture Industries, Incorporated (NASDAQ:BSET) For Its Yield?
Is Bassett Furniture Industries undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: BSET ($30.42) is trading above our estimate of fair value ($16.22)
Significantly Below Fair Value: BSET is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BSET is unprofitable, so we can't compare its PE Ratio to the US 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 (1.9x) compared to the US Consumer Durables industry average (2.1x).
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 (2%).
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 (9.6% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: BSET's revenue (9.6% per year) is forecast to grow slower than 20% 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
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 55.5% 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 (56.9%).
Return on Equity
High ROE: BSET has a negative Return on Equity (-4.83%), as it is currently unprofitable.
How is Bassett Furniture Industries's financial position?
Financial Position Analysis
Short Term Liabilities: BSET's short term assets ($171.0M) exceed its short term liabilities ($127.4M).
Long Term Liabilities: BSET's short term assets ($171.0M) exceed its long term liabilities ($123.8M).
Debt to Equity History and Analysis
Debt Level: BSET is debt free.
Reducing Debt: BSET has no debt compared to 5 years ago when its debt to equity ratio was 7.7%.
Debt Coverage: BSET has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BSET has no debt, therefore coverage of interest payments is not a concern.
What is Bassett Furniture Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BSET's dividend (1.64%) is higher than the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: BSET's dividend (1.64%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: BSET's dividend payments have been volatile in the past 10 years.
Growing Dividend: BSET's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: BSET is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rob Spilman (64 yo)
Mr. Robert H. Spilman, Jr., also known as Rob, has been Lead Independent Director at Dominion Energy, Inc. since November 5, 2020. He has been President and Chief Executive Officer of Bassett Furniture Ind...
CEO Compensation Analysis
Compensation vs Market: Rob's total compensation ($USD1.08M) is below average for companies of similar size in the US market ($USD1.74M).
Compensation vs Earnings: Rob's compensation has increased whilst the company is unprofitable.
Experienced Management: BSET's management team is seasoned and experienced (8.3 years average tenure).
Experienced Board: BSET's board of directors are considered experienced (5.2 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$301.450m
- Shares outstanding: 9.91m
- Website: https://www.bassettfurniture.com
Number of Employees
- Bassett Furniture Industries, Incorporated
- 3525 Fairystone Park Highway
- United States
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail –...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 06:21|
|End of Day Share Price||2021/05/14 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.