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Bassett Furniture Industries(BSET)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$18.18
09/28/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for BSET

09/28/2026: BSET (1-star) is currently NOT-A-BUY. Pass it for now.

Bassett Furniture Industries is a long-standing retailer and manufacturer of home furnishings, primarily known for its customizable upholstery and direct-to-consumer store network. The company benefits from a vertically integrated model that allows it to control product design and delivery, fostering strong brand recognition. Its primary growth opportunity lies in leveraging its retail platform to offer professional design services that differentiate it from mass-market competitors. However, the business faces significant risks from cyclical housing market sensitivity, logistical costs, and intense competition from online retailers. It may appeal to value-oriented investors seeking a legacy brand with a consistent dividend history, though performance remains heavily linked to macroeconomic conditions impacting home purchases.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitGrowth is largely tied to cyclical housing market trends rather than rapid expansion.
Momentum investorWeak fitThe stock often lacks the sustained high-volatility price trends favored by momentum strategies.
Value investorStrong fitThe stock often trades at valuations that may appeal to value investors looking for asset-backed companies.
Dividend investorStrong fit while signal remains positiveThe company has a consistent history of paying dividends from its operations.
Low-risk investorMixed fitThe furniture industry is cyclical, introducing inherent volatility that may not suit the lowest-risk profiles.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highThe stock price is highly sensitive to news concerning housing starts and consumer confidence.
Valuation riskMediumMarket pricing depends heavily on earnings stability in a cyclical industry.
Competition risk (Furniture Retail)HighSignificant pressure exists from both e-commerce platforms and large-scale home goods retailers.
Business qualityMediumWhile the brand has longevity, earnings are exposed to variable consumer spending cycles.
Dividend incomeMediumDividends are dependent on maintaining profitability during economic downturns.
Execution riskMediumSuccessful management of the hybrid retail-manufacturing model is critical to maintaining margins.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 20.31%
Avg. Invested days 50
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/28/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
BSET receives a 3-star rating, supported by solid company fundamentals. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
BSET has solid overall fundamentals (4 stars), with moderate financial health, solid growth momentum, and strong ownership. In FY2025 versus FY2024, strong earnings growth (+162.9%) is partially offset by soft cash generation (FCF margin 2.7%), moderate revenue growth (+1.6%), soft profitability (net margin 1.8%).

Financial Health Rating

★★★★★
BSET's financial health is supported by solid cash strength, including free-cash-flow generation (2.7% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is BSET's strongest growth driver at +871.8% FY2025 versus FY2024 (strong, 5 stars). By comparison, earnings growth (+162.9%, strong) is also strong, while revenue growth (+1.6%, moderate) holds the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 55.9% and approximately 88.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 16.73% supports management-shareholder alignment.

Top 5 Institutional Investors

Dimensional Fund Advisors, Inc. 7.74%
Aegis Financial Corporation 6.36%
Gamco Investors, Inc. Et Al 6.26%
BlackRock Inc 6.21%
Vanguard Capital Management, LLC 4.70%

Unit Economics (Per $1K Revenue)

★★★★★
BSET generates approximately $563 of gross profit, $23 of operating income, and $27 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Soft margins explain the 2-star rating, with moderate cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 30.37%

Quantitative Style Profile

★★★★★
BSET has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 158.27M USD
Price to earnings Ratio 28.56
1Y Target Price 23
Price to earnings Ratio 28.56
1Y Target Price 23
Volume (30-day avg) 21.2K shares
Beta 0.73
52 Weeks Range 12.86 - 22.03
Updated Date 09/27/2026
52 Weeks Range 12.86 - 22.03
Updated Date 09/27/2026
Dividends yield (FY) 4.48%
Basic EPS (TTM) 0.64

How Company Makes Money

Business areaWhat it includesRetail investor read
Retail SegmentRevenue from sales at company-owned Bassett Home Furnishings retail locations.This is the primary way the company sells directly to you as a consumer.
Wholesale SegmentRevenue from furniture sales to company-owned stores and independent furniture retailers.This represents the company's manufacturing and supply backbone.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Earnings Date

Report Date 2026-09-30
When After Market
Estimate 0.13
Actual -

Profitability

Profit Margin 1.65%
Operating Margin (TTM) 2.61%

Management Effectiveness

Return on Assets (TTM) 1.26%
Return on Equity (TTM) 3.31%

Valuation

Trailing PE 28.56
Forward PE 10.85
Enterprise Value 186.92M
Price to Sales(TTM) 0.48
Enterprise Value 186.92M
Price to Sales(TTM) 0.48
Enterprise Value to Revenue 0.56
Enterprise Value to EBITDA 11.17
Shares Outstanding 8.66M
Shares Floating 7.65M
Shares Outstanding 8.66M
Shares Floating 7.65M
Percent Insiders 16.73
Percent Institutions 55.94

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Bassett Furniture Industries

Exchange NASDAQ
Headquarters 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 1194
Full time employees 1194

Bassett Furniture Industries, Incorporated, together with its subsidiaries, designs, manufactures, sources, distributes, and retails home furnishings and furniture products in the United States. It operates through two segments, Wholesale and Retail"Company-Owned Stores. The company offers sofas, chairs, reclining furniture, ottomans and benches, and leather furniture; tables and cabinets; dining and outdoor furniture; beds, dressers and chests, nightstands and bedside tables, mattresses and bases, duvet covers and inserts, quilts and coverlets, sheets and pillowcases, shams and pillow inserts, accent pillows, and throws; office chairs, desks, and storages; home decor products, lighting, wall decor, mirrors, cabinet hardware, and cutting boards; and rugs. It is also involved in wood and upholstery operations. The company sells its products through a network of company-owned and licensee-owned stores under the Bassett Home Furnishings name; and independent retailers; multi-line furniture stores, including Bassett galleries or design centers; and online. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.