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Market Cap

US$301.4m

Last Updated

2021/05/15 06:21 UTC

Data Sources

Company Financials +

Executive Summary

Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. More Details


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.


Similar Companies

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.


Market Performance


7 Day Return

-15.4%

BSET

-5.0%

US Consumer Durables

-1.7%

US Market


1 Year Return

466.5%

BSET

115.5%

US Consumer Durables

50.8%

US Market

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.


Shareholder returns

BSETIndustryMarket
7 Day-15.4%-5.0%-1.7%
30 Day20.0%2.1%-1.2%
90 Day34.6%11.3%0.4%
1 Year497.9%466.5%117.7%115.5%53.3%50.8%
3 Year20.5%8.1%78.1%71.3%61.5%51.4%
5 Year30.9%12.0%110.2%95.4%125.9%100.7%

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

Valuation

Is Bassett Furniture Industries undervalued compared to its fair value and its price relative to the market?

1.91x

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).


Future Growth

How is Bassett Furniture Industries forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

83.3%

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


Past Performance

How has Bassett Furniture Industries performed over the past 5 years?

-55.5%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Bassett Furniture Industries's current dividend yield, its reliability and sustainability?

1.64%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.3yrs

Average management tenure


CEO

Rob Spilman (64 yo)

21.33yrs

Tenure

US$1,082,911

Compensation

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.


Leadership Team

Experienced Management: BSET's management team is seasoned and experienced (8.3 years average tenure).


Board Members

Experienced Board: BSET's board of directors are considered experienced (5.2 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bassett Furniture Industries, Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Bassett Furniture Industries, Incorporated
  • 3525 Fairystone Park Highway
  • Bassett
  • Virginia
  • 24055
  • United States

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/15 06:21
End of Day Share Price2021/05/14 00:00
Earnings2021/02/27
Annual Earnings2020/11/28


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.