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Bassett Furniture Industries (BSET)

Upturn stock ratingUpturn stock rating
$16.34
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
  • ALL
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Upturn Advisory Summary

09/16/2025: BSET (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -4.95%
Avg. Invested days 45
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/16/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 124.12M USD
Price to earnings Ratio -
1Y Target Price 19
Price to earnings Ratio -
1Y Target Price 19
Volume (30-day avg) -
Beta 1.19
52 Weeks Range 11.47 - 19.45
Updated Date 06/29/2025
52 Weeks Range 11.47 - 19.45
Updated Date 06/29/2025
Dividends yield (FY) 5.59%
Basic EPS (TTM) -0.76

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -2.04%
Operating Margin (TTM) 2.91%

Management Effectiveness

Return on Assets (TTM) -0.66%
Return on Equity (TTM) -3.83%

Valuation

Trailing PE -
Forward PE 16.26
Enterprise Value 169732926
Price to Sales(TTM) 0.38
Enterprise Value 169732926
Price to Sales(TTM) 0.38
Enterprise Value to Revenue 0.52
Enterprise Value to EBITDA 60.8
Shares Outstanding 8704120
Shares Floating 8035813
Shares Outstanding 8704120
Shares Floating 8035813
Percent Insiders 16.24
Percent Institutions 53.19

ai summary icon Upturn AI SWOT

Bassett Furniture Industries

stock logo

Company Overview

overview logo History and Background

Bassett Furniture Industries, founded in 1902, began as a family-owned sawmill operation in Bassett, Virginia. It evolved into a major furniture manufacturer known for affordable, stylish furniture. The company adapted over the decades, focusing on design, retail, and customization.

business area logo Core Business Areas

  • Wholesale: Manufactures and distributes furniture to retailers, including independent stores and national chains.
  • Retail: Operates Bassett Home Furnishings stores, offering a branded retail experience with design services.
  • Customization: Provides a 'BenchMade' customization program, allowing customers to design personalized furniture.

leadership logo Leadership and Structure

Robert H. Spilman Jr. serves as Chairman and CEO. The company has a traditional hierarchical structure with departments for manufacturing, retail, design, marketing, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Living Room Furniture: Includes sofas, sectionals, chairs, and tables. Competitors include La-Z-Boy, Ashley Furniture, and Ethan Allen. Market share data specific to living room furniture for Bassett is difficult to isolate but they are a large player in overall upholstered furniture.
  • Bedroom Furniture: Consists of beds, dressers, nightstands, and mattresses. Competitors include Serta Simmons Bedding, Tempur Sealy, and Hooker Furnishings. Market share data specific to bedroom furniture for Bassett is difficult to isolate.
  • Dining Room Furniture: Features dining tables, chairs, and buffets. Competitors include Hooker Furnishings, Ashley Furniture, and Ethan Allen. Market share data specific to dining room furniture for Bassett is difficult to isolate.
  • Home Accents: Lamps, Rugs, Wall Art. Major competitors include: Wayfair, Bed Bath and Beyond, and HomeGoods, Revenue is not broken out for this product, but it serves as a revenue diversifier.

Market Dynamics

industry overview logo Industry Overview

The furniture industry is cyclical, influenced by economic conditions, housing market trends, and consumer spending. It's highly competitive with domestic and international players.

Positioning

Bassett is positioned as a mid-to-high-end furniture brand offering style, customization, and design services. Its competitive advantages lie in its vertically integrated model and its focus on American-made products.

Total Addressable Market (TAM)

The US furniture and home furnishings market is estimated to be over $230 billion annually. Bassett's TAM is constrained by its focus on the mid-to-high end segment. Bassett is positioned to capture a portion of this market through its retail and wholesale channels, and the BenchMade customization program.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Vertically integrated business model
  • Customization options (BenchMade)
  • American-made focus
  • Design Services

Weaknesses

  • Susceptible to economic downturns
  • Relatively high price point compared to mass-market competitors
  • Reliance on traditional retail model
  • Limited international presence

Opportunities

  • Expanding online presence and e-commerce capabilities
  • Reaching new customer segments through targeted marketing
  • Increasing penetration in the design services market
  • Partnerships with home builders and interior designers

Threats

  • Increased competition from online retailers
  • Fluctuations in raw material costs
  • Changes in consumer preferences
  • Economic recession

Competitors and Market Share

competitor logo Key Competitors

  • AFI
  • LAZ
  • ETH

Competitive Landscape

Bassett benefits from a vertically integrated model. It needs to compete with the prices and online presence of competitors.

Growth Trajectory and Initiatives

Historical Growth: Historical growth trends require access to recent financial reports. It is dependent on the economy and housing markets.

Future Projections: Future growth based on analyst estimates requires access to analyst reports. These vary. Expansion of BenchMade should help.

Recent Initiatives: Recent strategic initiatives include expanding its retail footprint, enhancing its e-commerce platform, and focusing on its BenchMade customization program.

Summary

Bassett Furniture possesses a robust brand and a unique vertically integrated business model, enhancing its control over production and distribution. However, its reliance on the traditional retail model and susceptibility to economic cycles pose challenges. Enhancing its online presence and further developing the BenchMade customization program could bolster its growth trajectory. Bassett should remain watchful of raw material cost fluctuations and evolving consumer preferences.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Industry Reports
  • Analyst Reports (where available)

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Market share data is estimated and may not be precise. Financial data placeholders should be replaced with actual figures from company reports. All investment decisions should be based on thorough research and consultation with a financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Bassett Furniture Industries

Exchange NASDAQ
Headquaters Bassett, VA, United States
IPO Launch date 1987-01-01
President, CEO & Chairman Mr. Robert H. Spilman Jr.
Sector Consumer Cyclical
Industry Furnishings, Fixtures & Appliances
Full time employees 1228
Full time employees 1228

Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States. It operates through two segments: Wholesale and Retail "Company-Owned Stores. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers. It also distributes its products through multi-line furniture stores, including Bassett galleries or design centers, as well as sells online; and engages in wood and upholstery operations. In addition, the company owns and leases land, retail store properties, warehouses, and distribution centers. Its products are sold primarily through a network of company-owned and licensee-owned branded stores under the Bassett Home Furnishings name. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.