BSET - Bassett Furniture Industries Inc Stock Price, Fair Value and News

13.48USD+0.08 (+0.60%)Market Closed

Market Summary

USD13.48+0.08

Market Closed

0.60%

BSET Alerts

1 major insider buys recently.

BSET Stock Price

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BSET RSI Chart

BSET Valuation

Market Cap

119.0M

Price/Earnings (Trailing)

-20.49

Price/Sales (Trailing)

0.32

EV/EBITDA

19.57

Price/Free Cashflow

-20.51

BSET Price/Sales (Trailing)

BSET Profitability

Operating Margin

50.76%

EBT Margin

-1.76%

Return on Equity

-3.22%

Return on Assets

-1.61%

Free Cashflow Yield

-4.88%

BSET Fundamentals

BSET Revenue

Revenue (TTM)

369.0M

Rev. Growth (Yr)

-19.63%

Rev. Growth (Qtr)

-8.6%

BSET Earnings

Earnings (TTM)

-5.8M

Earnings Growth (Yr)

-182.56%

Earnings Growth (Qtr)

70.91%

Breaking Down BSET Revenue

Last 7 days

1.2%

Last 30 days

-10.1%

Last 90 days

-18%

Trailing 12 Months

-5.3%

How does BSET drawdown profile look like?

BSET Financial Health

Current Ratio

2.04

Debt/Equity

6e-4

Debt/Cashflow

95.61

BSET Investor Care

Dividend Yield

5.19%

Dividend/Share (TTM)

0.7

Buy Backs (1Y)

1.13%

Diluted EPS (TTM)

-0.67

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	369.0M	0	0	0
2023	475.4M	447.2M	416.5M	390.1M
2022	462.6M	481.3M	494.5M	485.6M
2021	375.4M	421.6M	434.9M	446.4M
2020	443.4M	399.0M	381.1M	385.9M
2019	467.4M	458.6M	455.1M	452.1M
2018	456.9M	459.7M	458.4M	456.9M
2017	431.1M	438.5M	448.1M	452.5M
2016	147.1M	241.7M	332.5M	432.0M
2015	363.3M	385.8M	408.4M	430.9M
2014	317.1M	321.0M	329.1M	340.7M
2013	288.6M	302.3M	315.0M	321.3M
2012	249.9M	251.1M	256.1M	269.7M
2011	239.7M	244.2M	248.7M	253.2M
2010	0	0	234.0M	235.3M
2009	0	0	0	232.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Bassett Furniture Industries Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 04, 2024	mcdowell john walter	bought	14,667	14.667	1,000	-
Mar 06, 2024	cashman kristina k	acquired	39,995	15.46	2,587	-
Mar 06, 2024	warden william c jr	acquired	39,995	15.46	2,587	-
Mar 06, 2024	belk john r	acquired	39,995	15.46	2,587	-
Mar 06, 2024	wampler william c jr	acquired	39,995	15.46	2,587	-
Mar 06, 2024	mcdowell john walter	acquired	39,995	15.46	2,587	-
Mar 06, 2024	hamlet virginia w.	acquired	39,995	15.46	2,587	-
Mar 06, 2024	battle emma s.	acquired	39,995	15.46	2,587	-
Jan 12, 2024	hervey jay r	sold (taxes)	-3,355	15.98	-210	vice pres sec & gen counsel
Jan 12, 2024	spilman robert h jr	sold (taxes)	-5,593	15.98	-350	chairman & ceo

Which funds bought or sold BSET recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	Byrne Asset Management LLC	added	31.43	3,568	27,158	0.02%
Apr 18, 2024	Westhampton Capital, LLC	unchanged	-	-42,057	337,369	0.18%
Apr 11, 2024	SALEM INVESTMENT COUNSELORS INC	unchanged	-	-46.00	369	-%
Apr 11, 2024	City State Bank	unchanged	-	-1,000	1,000	-%
Apr 09, 2024	Nalls Sherbakoff Group, LLC	unchanged	-	5,362	45,650	0.04%
Mar 11, 2024	VANGUARD GROUP INC	unchanged	-	894,502	7,614,740	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	271	598,920	785,312	-%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	reduced	-45.7	-212,000	340,000	0.03%
Feb 15, 2024	BARCLAYS PLC	added	17.82	46,000	186,000	-%
Feb 15, 2024	JANE STREET GROUP, LLC	new	-	280,640	280,640	-%

Are Funds Buying or Selling BSET?

Are funds buying BSET calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BSET

No. of Funds

BSET Alerts

1 major insider buys recently.

Unveiling Bassett Furniture Industries Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.20%	458,719	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	8.4%	738,964	SC 13G/A
Feb 08, 2024	aegis financial corp	5.4%	476,643	SC 13G
Feb 10, 2023	dimensional fund advisors lp	8.4%	769,842	SC 13G/A
Feb 09, 2023	vanguard group inc	5.06%	463,205	SC 13G
Jul 08, 2022	blackrock inc.	1.9%	176,618	SC 13G
Jun 27, 2022	csc generation holdings, inc.	1.9%	180,459	SC 13G/A
Jun 03, 2022	csc generation holdings, inc.	7.4%	761,443	SC 13G
Feb 08, 2022	dimensional fund advisors lp	7.6%	742,107	SC 13G/A
Feb 04, 2022	blackrock inc.	6.6%	645,802	SC 13G

Recent SEC filings of Bassett Furniture Industries Inc

View All Filings

Date Filed	Form Type	Document
Apr 05, 2024	4	Insider Trading
Apr 03, 2024	10-Q	Quarterly Report
Apr 03, 2024	8-K	Current Report
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading
Mar 08, 2024	4	Insider Trading

Peers (Alternatives to Bassett Furniture Industries Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
HD	329.9B	152.7B	-13.20%	12.34%	21.79	2.16	-3.01%	-11.47%
LOW	131.8B	86.4B	-9.33%	11.87%	17.06	1.53	-11.01%	20.02%
DHI	47.0B	37.1B	-8.51%	35.09%	9.46	1.27	10.12%	-4.29%
NVR	24.9B	9.5B	-1.34%	35.56%	15.62	2.61	-9.58%	-7.76%
FND	11.7B	4.4B	-13.89%	12.93%	47.61	2.65	3.50%	-17.51%
MID-CAP
MHK	7.1B	11.1B	-11.36%	16.66%	-16.14	0.64	-5.13%	-1840.86%
IBP	6.7B	2.8B	-8.19%	94.88%	27.38	2.4	4.08%	9.09%
WHR	5.8B	19.5B	-6.87%	-20.30%	11.95	0.3	-1.36%	131.86%
CVCO	3.1B	1.9B	-5.21%	23.58%	17.87	1.65	-14.77%	-30.65%
CCS	2.6B	3.7B	-11.58%	23.91%	10.06	0.71	-18.06%	-50.64%
LEG	2.4B	4.7B	-2.68%	-41.90%	-17.79	0.52	-8.19%	-144.16%
SMALL-CAP
AMWD	1.5B	1.9B	-7.18%	86.01%	12.22	0.78	-10.13%	53.07%
BZH	858.0M	2.1B	-13.15%	60.00%	5.5	0.4	-6.89%	-25.76%
BSET	119.0M	369.0M	-10.07%	-5.27%	-20.49	0.32	-22.39%	-109.49%
CRWS	52.6M	86.7M	-4.99%	-8.87%	11.16	0.61	9.53%	-34.99%

Bassett Furniture Industries Inc News

Latest updates

Bassett Furniture Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-8.6%	86,554	94,702	87,217	100,519	107,698	121,019	118,012	128,706	117,864	129,896	104,870	109,997	101,655	118,383	91,559	63,801	112,120	113,637	109,419	108,190	120,841
Gross Profit	-6.9%	47,867	51,414	45,044	52,833	57,197	64,236	60,772	65,939	57,393	57,991	52,607	57,086	53,403	31,937	-	-	-	-	-	-	-
S&GA Expenses	-0.6%	50,224	50,518	48,848	51,366	54,495	57,533	54,695	54,927	50,915	51,357	47,631	50,001	47,842	-	-	-	-	-	-	-	69,386
EBITDA Margin	-44.8%	0.01*	0.02*	0.05*	0.07*	0.09*	0.09*	0.09*	0.08*	0.08*	0.08*	0.08*	0.09*	-	-	-	-	-	-	-	-	-
Income Taxes	-1728.6%	-512	-28.00	-599	468	842	2,197	2,305	2,642	1,558	1,257	1,267	1,749	1,564	3,202	1,266	-11,642	638	-1,086	945	111	218
Earnings Before Taxes	58.7%	-1,705	-4,129	-3,190	2,544	2,287	7,750	10,078	10,385	5,849	5,962	4,708	6,826	5,262	8,689	3,444	-31,994	1,848	-6,224	3,102	556	826
EBT Margin	-175.4%	-0.02*	-0.01*	0.02*	0.05*	0.06*	0.07*	0.07*	0.06*	0.05*	0.05*	0.06*	0.06*	-	-	-	-	-	-	-	-	-
Net Income	70.9%	-1,193	-4,101	-2,591	2,076	1,445	5,026	7,628	47,118	5,573	5,041	3,016	5,974	4,011	6,543	2,178	-20,352	1,210	-5,138	2,157	445	608
Net Income Margin	-93.7%	-0.02*	-0.01*	0.01*	0.04*	0.13*	0.13*	0.13*	0.13*	0.04*	0.04*	0.04*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-273.9%	-9,815	5,643	-3,416	1,786	-2,778	5,295	-7,977	-22,026	442	-2,723	-2,031	4,478	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-2.4%	361	370	369	374	392	406	403	414	424	422	416	418	409	403	394	387	403	276	275	281	282
Current Assets	-5.3%	150	158	161	169	184	196	214	222	236	180	177	176	171	161	146	129	132	137	132	136	137
Cash Equivalents	-22.5%	41.00	52.00	48.00	55.00	55.00	62.00	67.00	72.00	32.00	34.00	39.00	46.00	45.00	46.00	31.00	11.00	12.00	20.00	15.00	12.00	10.00
Inventory	0.0%	63.00	63.00	67.00	70.00	79.00	85.00	92.00	93.00	82.00	78.00	74.00	67.00	63.00	55.00	59.00	62.00	68.00	66.00	65.00	67.00	67.00
Net PPE	-0.5%	84.00	84.00	84.00	80.00	78.00	77.00	76.00	74.00	69.00	69.00	94.00	93.00	93.00	91.00	89.00	91.00	100	102	105	106	107
Current Liabilities	-5.9%	73.00	78.00	82.00	80.00	91.00	101	110	121	150	134	134	130	127	118	110	96.00	96.00	72.00	66.00	67.00	73.00
Shareholder's Equity	-1.5%	181	183	189	149	194	196	151	145	120	163	112	49.00	50.00	158	153	103	50.00	179	51.00	52.00	189
Retained Earnings	-2.0%	137	139	145	149	150	151	151	145	120	116	112	112	109	110	105	103	125	129	136	137	139
Additional Paid-In Capital	88.2%	0.00	0.00	-	-	-	-	-	-	-	0.00	-	-	-	-	-	-	-	0.00	-	-	-
Shares Outstanding	-100.0%	-	9.00	-	-	-	9.00	-	-	-	10.00	-	-	-	10.00	-	-	-	10.00	-	-	-
Float	-	-	-	-	112	-	-	-	166	-	-	-	277	-	-	-	68.00	-	-	-	163	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-191.3%	-7,739	8,475	3,836	5,850	563	9,325	-3,349	-11,812	2,866	886	1,627	7,066	4,984	19,192	23,230	-504	-5,243	11,868	6,883	6,792	-15,734
Cashflow From Investing	3.9%	-2,346	-2,442	-8,279	-3,138	-3,904	-8,224	1,712	75,234	-2,880	-3,358	-4,491	-2,533	-1,189	-2,546	-1,303	179	-77.00	-5,135	1,921	-2,524	-5,435
Cashflow From Financing	0.1%	-1,722	-1,723	-2,153	-2,988	-3,363	-6,288	-3,103	-23,692	-2,480	-1,765	-4,301	-3,790	-4,561	-1,876	-2,333	-429	-2,178	-1,684	-5,747	-2,673	-2,313
Dividend Payments	-0.2%	1,573	1,576	1,574	1,411	1,421	1,428	1,564	15,796	1,374	1,368	1,367	1,236	3,718	1,238	2,048	-2.00	1,260	1,266	1,264	1,312	1,291
Buy Backs	-100.0%	-	120	606	1,606	1,844	4,859	1,621	7,877	765	-	2,641	2,391	534	666	301	475	766	500	4,498	1,335	1,012

BSET Income Statement

2024-03-02

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 02, 2024	Feb. 25, 2023
Net sales of furniture and accessories	$ 86,554	$ 107,698
Cost of furniture and accessories sold	38,687	50,501
Gross profit	47,867	57,197
Selling, general and administrative expenses	50,224	54,495
Income (loss) from operations	(2,357)	2,702
Interest income	756	152
Other loss, net	(104)	(567)
Income (loss) before income taxes	(1,705)	2,287
Income tax expense (benefit)	(512)	842
Net income (loss)	$ (1,193)	$ 1,445
Basic earnings (loss) per share (in dollars per share)	$ (0.14)	$ 0.16
Diluted earnings (loss) per share (in dollars per share)	(0.14)	0.16
Regular dividends per share (in dollars per share)	$ 0.18	$ 0.16

BSET Balance Sheet

2024-03-02

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 02, 2024	Nov. 25, 2023
Current assets
Cash and cash equivalents	$ 40,609	$ 52,407
Short-term investments	17,775	17,775
Accounts receivable, net	13,942	13,736
Inventories	62,957	62,982
Recoverable income taxes	2,206	2,574
Other current assets	12,016	8,480
Total current assets	149,505	157,954
Property and equipment, net	83,590	83,981
Deferred income taxes	5,567	4,645
Goodwill and other intangible assets	16,069	16,067
Right of use assets under operating leases	99,390	100,888
Other	7,324	6,889
Total long-term assets	128,350	128,489
Total assets	361,445	370,424
Current liabilities
Accounts payable	14,635	16,338
Accrued compensation and benefits	7,679	8,934
Customer deposits	22,763	22,788
Current portion operating lease obligations	17,530	18,827
Other current liabilites and accrued expenses	10,678	11,003
Total current liabilities	73,285	77,890
Long-term liabilities
Post employment benefit obligations	10,678	10,207
Long-term portion of operating lease obligations	95,312	97,357
Other long-term liabilities	1,532	1,529
Total long-term liabilities	107,522	109,093
Stockholders’ equity
Common stock	43,883	43,842
Retained earnings	136,588	139,354
Additional paid-in capital	175	93
Accumulated other comprehensive income (loss)	(8)	152
Total stockholders' equity	180,638	183,441
Total liabilities and stockholders’ equity	$ 361,445	$ 370,424

About Bassett Furniture Industries Inc

Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through two segments: Wholesale and Retail Ã‚â€“company-owned Stores. 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. As of November 26, 2022, it operated a network of 58 company-owned stores and 33 licensee-owned stores. It also provides 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, and Bassett galleries or design centers, as well as sells its products online. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.

CEO	Mr. Robert H. Spilman Jr.
WEBSITE	bassettfurniture.com
INDUSTRY	Home Improvement Retail
EMPLOYEES	1561

Bassett Furniture Industries Inc Frequently Asked Questions

What is the ticker symbol for Bassett Furniture Industries Inc? What does BSET stand for in stocks?

BSET is the stock ticker symbol of Bassett Furniture Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Bassett Furniture Industries Inc (BSET)?

As of Wed Apr 24 2024, market cap of Bassett Furniture Industries Inc is 119.01 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BSET stock?

You can check BSET's fair value in chart for subscribers.

What is the fair value of BSET stock?

You can check BSET's fair value in chart for subscribers. The fair value of Bassett Furniture Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Bassett Furniture Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BSET so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Bassett Furniture Industries Inc a good stock to buy?

The fair value guage provides a quick view whether BSET is over valued or under valued. Whether Bassett Furniture Industries Inc is cheap or expensive depends on the assumptions which impact Bassett Furniture Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BSET.

What is Bassett Furniture Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, BSET's PE ratio (Price to Earnings) is -20.49 and Price to Sales (PS) ratio is 0.32. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BSET PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Bassett Furniture Industries Inc's stock?

In the past 10 years, Bassett Furniture Industries Inc has provided 0.001 (multiply by 100 for percentage) rate of return.