Bassett Furniture Industries Inc BSET

Consumer DiscretionaryHousehold GoodsUnited States of America

Last close 22.50 USD on Nov 1, 2026, +39.3% year to date

Quant rating

Quant rating A Rank 29 of 344 in Consumer Discretionary

Growth C 192 of 344
Valuation D 250 of 344
Quality B 107 of 344
Revisions A 11 of 344
Momentum A 14 of 344

Wall Street consensus Buy (2.00)Average target 23.00 USD +2.2%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 195M
Enterprise value: 141M
52-week range: 13.26 – 22.82
3-year range: 12.36 – 22.82
Dividend yield: 3.56%
Beta (5 years): 0.76
Shares outstanding: 8.7M
Next earnings: Feb 2, 2027

About the company

Bassett Furniture Industries, Incorporated is a retailer, manufacturer and marketer of branded home furnishings. Its products are sold through a network of Company-owned and licensee-owned branded stores under the Bassett Home Furnishings (BHF) name. Its segments include Wholesale and Retail-Company-owned stores. The Wholesale segment is involved in the design, manufacturing and sourcing of furniture products that are distributed through its BHF store network (both Company-owned and licensee-owned stores) and various independent retailers. The Retail-Company-owned stores segment consists of 58 BHF stores that provide consumers with a friendly and casual environment for buying furniture and accessories. The BHF stores feature custom order furniture, free in-home or virtual design visits (home makeovers) and coordinated decorating accessories. It also has a traditional wholesale business with more than 700 accounts on the open market, across the United States and internationally.

Growth and profitability fiscal year ends November 30

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	335	330	390	486	431	–
Revenue growth	1.6%	−15.4%	−19.7%	12.7%	27.6%	−0.1%
EPS (basic, normalized)	0.70	−1.11	−0.36	6.96	1.83	–
EPS growth	–	–	–	280.3%	–	–
Gross margin	56.3%	54.4%	52.9%	51.1%	51.3%	53.2%
Net margin	1.8%	−2.9%	−0.8%	5.2%	3.9%	1.4%
ROE	3.7%	−5.5%	−1.7%	14.2%	10.6%	4.2%

Balance sheet, last quarter
Cash & short-term investments (mil)	53.4
Current ratio	1.95x
Long-term debt (mil)	0
Net debt (mil)	−53.4
Total equity (mil)	165
Net debt / equity	−0.32x
Net debt / EBITDA	–

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	335	+1.6%	0.4x	–	–	–	0.70	+163.1%	32.1x
2026	338	+0.8%	0.4x	17.0	–	8.3x	1.03	+47.6%	21.8x
2027	350	+3.4%	0.4x	20.5	+20.8%	6.9x	1.20	+16.1%	18.8x
2028	363	+3.9%	0.4x	21.5	+5.0%	6.6x	1.38	+15.0%	16.3x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	338	−0.1%	−0.1%	+0.8%	1.03	+30.3%	+27.6%	+17.4%
2027	350	−0.9%	−0.9%	+0.8%	1.20	+2.9%	+2.0%	−7.0%
2028	363	−0.4%	−0.4%	–	1.38	+81.6%	+81.6%	–

Earnings surprises EPS beat in 2 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	May 2024	Aug 2024	Nov 2024	Feb 2025	May 2025	Aug 2025	Nov 2025	Feb 2026	May 2026	Aug 2026
Sales reported (mil)	83.4	75.6	84.3	82.2	84.3	80.1	88.7	80.3	83.8	82.8
Sales mean (mil)	87.0	80.1	82.8	79.6	82.1	79.9	86.9	84.0	83.3	83.0
Surprise	−4.1%	−5.6%	+1.8%	+3.2%	+2.8%	+0.2%	+2.0%	−4.3%	+0.5%	−0.3%
EPS reported	−0.82	−0.52	0.38	0.21	0.22	0.09	0.18	0.13	0.24	0.24
EPS mean	−0.11	−0.38	−0.04	0.03	0.13	0.09	0.29	0.17	0.20	0.13
Surprise	−645.5%	−36.8%	−1,185.7%	+740.0%	+69.2%	+5.9%	−39.0%	−23.5%	+23.1%	+84.6%

Peer comparison Household Goods

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
BSET Bassett Furniture Industries Inc	195M	–	1.8%	1.18x	21.8x	18.8x	8.3x	6.9x
SGI Somnigroup International Inc.	14.6B	3.30x	5.1%	4.14x	20.4x	16.5x	12.6x	10.0x
MHK Mohawk Industries, Inc.	9.4B	0.82x	3.4%	0.99x	14.3x	14.3x	7.6x	7.7x
LZB La-Z-Boy Inc	1.2B	−1.31x	4.8%	1.20x	12.1x	10.8x	5.5x	5.0x
XMAX XMax Inc	416M	–	−20.4%	3.87x	–	–	–	–
ETD Ethan Allen Interiors Inc.	513M	–	6.9%	1.09x	16.6x	16.0x	7.1x	6.7x
Mean		0.94x	0.3%	2.08x	17.0x	15.3x	8.3x	7.3x
Median		0.82x	4.1%	1.19x	16.6x	16.0x	7.6x	6.9x

Technical analysis

1M+23.8%
3M+14.9%
1Y+56.6%
3Y+75.3%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Bassett Furniture Industries Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	335	330	390	486	431	338
Cost of revenue	147	151	184	237	210	164
Gross profit	189	179	206	248	221	174
Selling, general & administrative expenses	174	180	197	210	189	168
Research & development	–	–	–	–	–	–
Depreciation/amortization	6.8	7.8	8.0	8.0	8.2	8.2
Interest expense (income), operating	0	1.0	–	–	–	–
Unusual expense (income)	0.5	7.3	5.4	−4.5	0	15.2
Other operating expenses	0	0	−1.0	0	0	0
Operating income	7.8	−16.3	−3.1	34.9	24.3	−17.5
Net interest income (expense)	1.9	2.6	2.5	0.3	0	0.2
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	−1.0	−0.7	−1.9	−1.1	−1.5	−0.7
Net income before taxes	8.8	−14.4	−2.5	34.1	22.8	−18.0
Provision for taxes	2.7	−4.7	0.7	8.7	5.8	−6.5
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	6.1	−9.7	−3.2	25.4	16.9	−11.5
Extraordinary items	–	0	0	40.0	1.1	1.1
Net income	6.1	−9.7	−3.2	65.3	18.0	−10.4
EBIT, normalized	8.3	−8.0	2.3	30.4	24.3	−2.3
EBITDA, normalized	17.1	1.9	12.4	40.4	34.2	7.4
Basic EPS, normalized	0.70	−1.11	−0.36	6.96	1.83	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Bassett Furniture Industries Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	59.2	59.9	70.2	79.3	52.1	63.5
Receivables	17.3	17.4	16.3	20.2	36.5	32.0
Total inventory	61.8	55.0	63.0	85.5	78.0	54.9
Prepaid expenses	2.7	2.9	2.2	3.8	6.2	4.3
Other current assets	4.6	6.3	6.2	7.7	7.4	6.0
Total current assets	146	142	158	196	180	161
Property, plant & equipment	150	171	185	176	208	208
Goodwill	7.2	7.2	7.2	12.8	12.1	12.1
Intangibles	6.9	7.0	8.8	9.0	11.3	11.7
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	14.2	14.8	11.5	11.6	9.7	10.2
Total assets	324	341	370	406	422	403
Liabilities
Accounts payable	14.7	13.3	16.3	20.4	28.3	23.4
Payable/accrued	–	–	–	–	–	–
Accrued expenses	37.0	34.2	38.5	44.2	52.6	54.6
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	0.2	0.1	0.2	0.3	1.8	0.5
Other current liabilities	25.0	25.7	22.8	36.0	51.5	39.8
Total current liabilities	77.0	73.4	77.9	101	134	118
Long-term debt	0.5	0.2	0.1	0.4	5.8	1.9
Minority interest	–	–	–	–	–	–
Other liabilities	81.2	100	109	109	119	124
Total liabilities	159	174	187	211	259	245
Shareholders' equity
Preferred stock	–	–	–	–	–	–
Common stock	43.3	43.7	43.8	44.8	48.8	49.7
Additional paid-in capital	0	0	0.1	0	0.1	0
Retained earnings (accumulated deficit)	121	123	139	151	116	110
Treasury stock	–	–	–	–	–	–
Other equity	0.7	0.8	0.2	0	−1.8	−1.4
Total equity	165	167	183	196	163	158
Total liabilities & shareholders' equity	324	341	370	406	422	403

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Bassett Furniture Industries Inc, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	6.1	−9.7	−3.2	65.3	18.0	−10.4
Depreciation, depletion & amortization	8.8	9.9	10.1	11.3	14.6	13.5
Deferred taxes	0.9	−2.4	0.8	−2.3	1.5	2.5
Non-cash items	4.2	12.8	11.1	−57.4	3.2	18.1
Changes in working capital	−6.5	−6.5	−0.1	−19.9	−22.8	13.0
Cash from operations	13.5	4.0	18.7	−3.0	14.6	36.7
Investing activities
Capital expenditures	−4.5	−5.2	−17.5	−21.3	−10.8	−6.0
Other investing cash flows	1.8	−3.6	−0.3	87.1	−0.8	2.3
Cash from investing	−2.7	−8.8	−17.8	65.8	−11.6	−3.7
Financing activities
Financing cash flow items	−0.1	−0.2	−0.1	0	−0.2	−0.2
Cash dividends paid	−6.9	−6.7	−6.0	−20.2	−7.7	−4.5
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−2.0	−1.3	−4.1	−15.4	−6.5	−2.0
Cash from financing	−9.0	−8.1	−10.2	−35.6	−14.4	−6.8
Foreign exchange effects	0	0	0	−0.1	–	–
Net change in cash	1.7	−12.9	−9.2	27.3	−11.4	26.1
Free cash flow	9.0	−1.2	1.2	−24.3	3.8	30.6

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.