-5.47%
-0.07%
-3.96%
5.18%
-10.84%
-25.54%
13.00%
AI Spotlight on BSET
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.
Market Data
| Last Price | 13.82 |
| Change Percentage | -5.47% |
| Open | 14.38 |
| Previous Close | 14.62 |
| Market Cap ( Millions) | 122 |
| Volume | 11253 |
| Year High | 15.96 |
| Year Low | 12.11 |
| M A 50 | 14.29 |
| M A 200 | 14.01 |
Financial Ratios
| FCF Yield | -1.15% |
| Dividend Yield | 6.80% |
| ROE | -5.66% |
| Debt / Equity | 63.61% |
| Net Debt / EBIDTA | -3161.34% |
| Price To Book | 0.72 |
| Price Earnings Ratio | -12.49 |
| Price To FCF | -86.88 |
| Price To sales | 0.41 |
| EV / EBITDA | -89.1 |
News
- Jan -30 - Bassett Furniture Industries, Incorporated (BSET) Q4 2024 Earnings Call Transcript
- Jan -30 - Bassett Furniture (BSET) Surpasses Q4 Earnings and Revenue Estimates
- Jan -29 - Bassett Reports Fiscal Fourth Quarter Results
- Jan -22 - BSET Gears Up to Report Q4 Earnings: Here's What You Should Know
- Jan -22 - Bassett Announces Fourth Quarter Conference Call
- Jan -16 - Bassett Announces Regular Quarterly Dividend
- Dec -10 - Seldens Expands Presence in Bellevue: Fourth-Generation Family Business Brings New Bassett® Furniture Showroom to Puget Sound
- Dec -03 - New Strong Sell Stocks for December 3rd
- Nov -21 - Bassett Cuts Workforce to Drive Cost Savings & Restructuring Progress
- Oct -29 - New Strong Sell Stocks for October 29th
- Oct -15 - New Strong Sell Stocks for October 15th
- Oct -11 - Bassett Furniture: Cybersecurity Incident Weakened Q3
- Oct -10 - Bassett Furniture Industries, Incorporated (BSET) Q3 2024 Earnings Call Transcript
- Oct -09 - Bassett Furniture (BSET) Reports Q3 Loss, Lags Revenue Estimates
- Oct -09 - Bassett Reports Fiscal Third Quarter Results, Updates Progress on Restructuring Plan and Announces Regular Quarterly Dividend
- Oct -04 - BSET Gears Up to Report Q3 Earnings: Here's What You Should Know
- Sep -25 - Bassett Announces Third Quarter Conference Call
- Jul -11 - Bassett Furniture Industries, Incorporated (BSET) Q2 2024 Earnings Call Transcript
- Jul -11 - Bassett (BSET) Q2 Earnings & Sales Lag Estimates, Down Y/Y
- Jul -10 - Bassett Furniture (BSET) Reports Q2 Loss, Misses Revenue Estimates
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Retail
Expected Growth : 3 %
What the company do ?
Bassett Furniture Industries, Incorporated's Retail segment operates a chain of company-owned stores that sell home furnishings and accessories, offering a wide range of products and custom furniture.
Why we expect these perspectives ?
Bassett Furniture Industries' Retail segment growth is driven by increasing demand for home furnishings, expansion of its store footprint, and strategic marketing initiatives. Additionally, the company's focus on providing a personalized shopping experience, investing in e-commerce capabilities, and offering competitive pricing also contribute to its growth.
Segment n°2 -> Wholesale
Expected Growth : 4 %
What the company do ?
Wholesale from Bassett Furniture Industries, Incorporated refers to the business segment that sells custom upholstered and ready-to-assemble furniture to retailers and designers.
Why we expect these perspectives ?
Bassett Furniture Industries' 4% wholesale growth is driven by increasing demand for custom furniture, expansion of its wholesale network, and strategic partnerships with leading retailers. Additionally, the company's focus on product innovation, quality, and customer service has led to higher sales volumes and market share gains.
Segment n°3 -> Corporate and Other Segment
Expected Growth : 5 %
What the company do ?
The Corporate and Other Segment from Bassett Furniture Industries, Incorporated includes unallocated corporate expenses, and other miscellaneous operations.
Why we expect these perspectives ?
The 5% growth in Bassett Furniture Industries' Corporate and Other Segment is driven by increased demand for home furnishings, strategic investments in e-commerce and digital marketing, expansion of the company's retail store footprint, and cost savings initiatives. Additionally, the segment benefits from a strong brand reputation and a diversified product portfolio.
Bassett Furniture Industries, Incorporated Products
| Product Range | What is it ? |
|---|---|
| Upholstered Furniture | Customizable sofas, loveseats, chairs, and sectionals designed for comfort and style |
| Casegoods | Dressers, nightstands, beds, and dining room furniture crafted from solid wood and other premium materials |
| Accents and Accessories | Decorative items such as lamps, rugs, and wall art designed to complement Bassett's furniture collections |
| Home Decor | Custom window treatments, bedding, and other decorative elements to enhance the home's aesthetic |
| Design and Planning Services | Expert design consultations and space planning to help customers create their ideal home environments |
Bassett Furniture Industries, Incorporated's Porter Forces
Threat Of Substitutes
The threat of substitutes for Bassett Furniture Industries, Incorporated is medium. While there are some substitutes available in the market, they are not a significant threat to the company's business.
Bargaining Power Of Customers
The bargaining power of customers for Bassett Furniture Industries, Incorporated is low. The company has a strong brand presence and a wide range of products, making it difficult for customers to negotiate prices.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Bassett Furniture Industries, Incorporated is medium. While the company has some negotiating power, suppliers also have some bargaining power due to the high demand for raw materials.
Threat Of New Entrants
The threat of new entrants for Bassett Furniture Industries, Incorporated is low. The company has a strong brand presence and a large market share, making it difficult for new entrants to gain traction.
Intensity Of Rivalry
The intensity of rivalry for Bassett Furniture Industries, Incorporated is high. The company operates in a highly competitive industry with many established players, leading to intense competition.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 38.78% |
| Debt Cost | 3.95% |
| Equity Weight | 61.22% |
| Equity Cost | 12.35% |
| WACC | 9.09% |
| Leverage | 63.34% |
Bassett Furniture Industries, Incorporated : Quality Control
Bassett Furniture Industries, Incorporated passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TILE | Interface, Inc., a modular flooring company, designs, produces, and sells modular carpet products primarily in the Americas, Europe, and the Asia-Pacific. The company offers modular carpets under the Interface and … |
| VIRC | Virco Mfg. Corporation engages in the design, production, and distribution of furniture in the United States. It offers seating products, including 4-leg chairs, cantilever chairs, tablet armchairs with work surfaces … |
| AMWD | American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order … |
| MBC | MasterBrand, Inc. manufactures and sells residential cabinets for the kitchen, bathroom, and other parts of the home in North America. The company is based in Jasper, Indiana. |
| HOFT | Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company's Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Bassett Furniture
A-Score
1-Year Total Return ->
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Hooker Furnishings
A-Score
1-Year Total Return ->
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Interface
A-Score
1-Year Total Return ->
4
Virco Mfg
A-Score
1-Year Total Return ->
5
MasterBrand
A-Score
1-Year Total Return ->
6
