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BSET logo BSET
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Bassett Furniture Industries (BSET)

Upturn stock ratingUpturn stock rating
$16.08
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • 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
(see disclosures)
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Upturn Advisory Summary

06/11/2025: BSET (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

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

Number of Analysts

rating

0 Analysts rated it

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

Year Target Price $19

Year Target Price $19

Analyst’s Price TargetsFor last 52 week
$19Target price
Low$11.47
Current$16.08
high$19.45

Analysis of Past Performance

Type Stock
Historic Profit -2.77%
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 06/11/2025

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

Analyst Ratings

Rating -
Target Price 19
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Bassett Furniture Industries

stock logo

Company Overview

overview logo History and Background

Bassett Furniture Industries was founded in 1902 in Bassett, Virginia. It began as a lumber company and transitioned to furniture manufacturing. Over the years, Bassett expanded its product lines and distribution channels, becoming a prominent player in the furniture industry.

business area logo Core Business Areas

  • Wholesale Furniture: Designs, manufactures, sources, and markets residential furniture products to a network of independent retailers and its own Bassett Home Furnishings stores.
  • Retail Operations: Operates Bassett Home Furnishings stores, offering a range of furniture, home du00e9cor, and design services.
  • Logistics: Provides transportation and warehousing services for company-owned and third-party products.

leadership logo Leadership and Structure

Robert H. Spilman Jr. serves as Chairman and CEO. The company has a board of directors and operates through various departments, including manufacturing, retail, marketing, and finance.

Top Products and Market Share

overview logo Key Offerings

  • Upholstery: Customizable sofas, sectionals, chairs, and ottomans. Bassett's market share in the upholstered furniture segment is estimated to be around 1-2% nationally. Competitors include La-Z-Boy, Ashley Furniture, and Ethan Allen.
  • Case Goods: Bedroom, dining room, and home office furniture made from wood and other materials. Market share is estimated around 1-2%. Competitors include Hooker Furniture, Lexington Home Brands, and Ashley Furniture.
  • Home Accents: Lighting, rugs, wall art, and decorative accessories. Market share is diffused as Bassett carries limited of its own designs compared to furniture items. Competitors include Wayfair, HomeGoods, and Pottery Barn.

Market Dynamics

industry overview logo Industry Overview

The furniture industry is cyclical and influenced by economic conditions, housing market trends, and consumer spending. E-commerce has significantly impacted the industry, increasing competition and changing consumer buying habits.

Positioning

Bassett Furniture Industries is positioned as a mid-to-high-end furniture provider, offering customizable and stylish products. Its competitive advantages include its established brand, retail network, and focus on customization.

Total Addressable Market (TAM)

The global furniture market is expected to reach approximately $800 billion by 2027. Bassett is positioned to capture a small but significant portion of this market, focusing on the US market and brand recognition.

Upturn SWOT Analysis

Strengths

  • Established Brand
  • Retail Network
  • Customization Options
  • Strong Manufacturing Capabilities
  • Vertical Integration

Weaknesses

  • Susceptibility to economic downturns
  • Higher price points compared to some competitors
  • Relatively limited international presence
  • Brand perception as traditional and lagging behind evolving design trends

Opportunities

  • Expansion of e-commerce presence
  • Growth in the home improvement market
  • Increased demand for sustainable and eco-friendly furniture
  • Partnerships with interior designers and influencers

Threats

  • Increased competition from online retailers
  • Fluctuations in raw material prices
  • Changes in consumer preferences and design trends
  • Economic recession or slowdown in the housing market

Competitors and Market Share

competitor logo Key Competitors

  • AFI
  • ETH
  • MLHR
  • W
  • RH

Competitive Landscape

Bassett's advantages include its established brand, retail network, and customization options. Disadvantages include its relatively higher price points and limited international presence.

Growth Trajectory and Initiatives

Historical Growth: Bassett's historical growth has been driven by its retail network, product innovation, and strategic acquisitions. However, growth has been impacted by economic cycles and changing consumer preferences.

Future Projections: Analyst estimates for Bassett's future growth vary, depending on economic conditions and the company's ability to execute its strategic initiatives. It is hard to provide numerical data since it is ever changing and based on real time. Please check with financial analyst.

Recent Initiatives: Recent initiatives include expanding its e-commerce platform, launching new product lines, and investing in its retail stores.

Summary

Bassett Furniture Industries holds a recognized brand and retail presence, offering customized furniture. Economic cycles and evolving consumer tastes present challenges. Expanding its online presence and appealing to younger demographics would bolster future growth. Bassett is vertically integrated, which is a strength in the current market as they have a more stable supply chain than their competitors.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Website
  • Industry Reports
  • Financial News Articles
  • Sec Filings (SEC.gov)

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share is based on estimated values and third-party information. Actual results may vary. Financial data is based on publicly available information and real-time values are not captured. Always seek advice from a qualified financial advisor before making investment decisions.

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.