Bassett Furniture (BSET) AI Stock Analysis

• Market Cap: $140.42M
• Dividend Yield: 4.95%
• Average Volume (3M): 23.45K
• Price to Earnings (P/E): 56.8
• Beta (1Y): 0.45
• Revenue Growth: -7.22%
• EPS Growth: N/A
• Country: US
• Employees: 1,228
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 0.22
• Shares Outstanding: 8,689,582
• 10 Day Avg. Volume: 24,104
• 30 Day Avg. Volume: 23,448
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.30
• Enterprise Value/Revenue: 0.56
• Enterprise Value/Gross Profit: 1.01
• Enterprise Value/Ebitda: 65.72
• 1Y Price Target: $17.00
• Price Target Upside: 5.20% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 55 Neutral
• Price Target: $17.00 ▲(5.20% Upside)

Bassett Furniture's overall stock score reflects a mix of financial challenges and recent operational improvements. The earnings call provided positive insights into the company's adaptability and strategic initiatives, which are crucial in the current market environment. However, high valuation metrics and ongoing market challenges weigh on the score.

Bassett Furniture Business Overview & Revenue Model

Company Description

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. As of November 27, 2021, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, 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, mass merchants, and specialty stores, as well as sells its products online. Bassett Furniture Industries, Incorporated was incorporated in 1902 and is based in Bassett, Virginia.

How the Company Makes Money

Bassett Furniture primarily generates revenue through the sale of its furniture products, which include both standard and custom-made items. The company's revenue model is based on direct sales from its retail outlets and e-commerce platform, where customers can explore and purchase a wide range of furniture styles. Key revenue streams include sales of upholstered furniture, case goods, and accessories. Additionally, Bassett benefits from a strong brand reputation and customer loyalty, which are enhanced by its focus on quality craftsmanship and design. The company also engages in strategic partnerships with designers and home décor professionals to expand its market reach and drive additional sales. Factors contributing to Bassett's earnings include the growth of the housing market, consumer trends favoring home improvement, and effective marketing strategies that emphasize the brand's unique value propositions.

Bassett Furniture Financial Statement Overview

Summary

Bassett Furniture faces financial challenges, particularly in profitability and revenue growth. The balance sheet is moderately leveraged, requiring careful debt management to maintain stability. Cash flow generation has improved recently, but sustaining this trend is crucial. Overall, the company must focus on enhancing operational efficiency and revenue streams to improve its financial health.

Income Statement

The income statement shows significant challenges in terms of profitability. The TTM (Trailing-Twelve-Months) EBIT margin is negative, indicating operational inefficiencies. The gross profit margin remains stable, but the net profit margin is low and impacted by net losses in previous periods. Revenue has decreased from prior years, reflecting a challenging market environment.

Balance Sheet

The balance sheet reveals a moderate financial position. The debt-to-equity ratio is relatively high, suggesting significant leverage, but stockholders' equity remains stable. The equity ratio is acceptable, indicating a reasonable portion of assets financed by equity. However, the high debt levels pose a potential risk if not managed carefully.

Cash Flow

Cash flow analysis indicates a mixed situation. The operating cash flow to net income ratio is favorable, showing good cash generation relative to net income. However, free cash flow has fluctuated, with recent improvement in the TTM period. The free cash flow to net income ratio is healthy, but capital expenditures continue to impact cash reserves.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	326.47M	329.92M	390.14M	485.60M	486.53M	385.86M
Gross Profit	181.53M	179.41M	206.49M	248.34M	222.83M	222.30M
EBITDA	2.78M	-4.42M	7.67M	36.98M	40.60M	-3.26M
Net Income	2.47M	-9.70M	-3.17M	25.36M	18.04M	-10.42M
Balance Sheet
Total Assets	331.33M	341.17M	370.42M	406.27M	421.66M	402.55M
Cash, Cash Equivalents and Short-Term Investments	59.82M	59.91M	70.18M	79.34M	52.09M	63.51M
Total Debt	97.82M	106.44M	116.18M	116.30M	133.53M	139.05M
Total Liabilities	164.56M	173.84M	186.98M	210.66M	258.93M	244.52M
Stockholders Equity	166.78M	167.33M	183.44M	195.61M	162.73M	158.03M
Cash Flow
Free Cash Flow	9.07M	-1.16M	1.24M	-24.27M	3.81M	30.65M
Operating Cash Flow	12.87M	4.05M	18.72M	-2.97M	14.56M	36.67M
Investing Cash Flow	-7.05M	-8.77M	-17.76M	65.84M	-11.57M	-3.75M
Financing Cash Flow	-9.01M	-8.12M	-10.23M	-35.56M	-14.42M	-6.82M

Bassett Furniture Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 16.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BSET, the sentiment is Negative. The current price of 16.16 is below the 20-day moving average (MA) of 16.59, below the 50-day MA of 16.78, and above the 200-day MA of 15.57, indicating a neutral trend. The MACD of -0.09 indicates Positive momentum. The RSI at 45.90 is Neutral, neither overbought nor oversold. The STOCH value of 16.35 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BSET.

Bassett Furniture Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ETD	77 Outperform	744.43M	14.54	10.70%	6.56%	-4.89%	-19.26%
FLXS	73 Outperform	254.62M	13.60	12.01%	1.47%	6.86%	88.42%
LZB	64 Neutral	1.39B	15.44	9.01%	2.61%	2.18%	-22.35%
VIRC	62 Neutral	124.83M	9.29	11.78%	1.26%	-15.99%	-48.23%
BSET	55 Neutral	$140.42M	56.82	1.46%	4.95%	-7.22%	―
HOFT	52 Neutral	114.49M	-8.70	-6.12%	8.64%	-6.46%	-1110.82%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Bassett Furniture Corporate Events

Bassett Furniture Elects New Leadership on July 22

On July 22, 2025, Bassett Furniture announced the election of Mr. Goergen. This decision may impact the company’s leadership dynamics and influence its strategic direction.

Bassett Furniture Amends By-Laws for Governance Flexibility

On July 16, 2025, Bassett Furniture‘s Board of Directors approved an amendment to the company’s By-Laws, allowing for a flexible range of seven to ten directors, with the current number set at nine. This change reflects the company’s strategic move to enhance governance flexibility and potentially improve decision-making processes.