📊 BSET Key Takeaways
Investment Thesis
Bassett Furniture demonstrates solid balance sheet strength with low leverage and excellent liquidity, but operational performance remains challenged with minimal margins and modest profitability relative to asset base. The significant YoY improvement in net income and EPS is encouraging, though it comes off a depressed prior-year base, and underlying operating margins remain thin at 2.3%.
BSET Strengths
- Strong balance sheet with minimal debt (Debt/Equity 0.00x) and $41.3M cash providing financial flexibility
- Excellent liquidity position with Current Ratio of 1.89x and Quick Ratio of 1.09x, indicating ability to meet short-term obligations
- Substantial gross margin of 56.3% demonstrates strong pricing power and production efficiency
- Net income grew 162.9% YoY with corresponding EPS growth of 163.1%, showing operational leverage improvement
BSET Risks
- Critically low operating margin of 2.3% and net margin of 1.8% indicate limited profitability and vulnerability to cost pressures or revenue fluctuations
- Weak asset efficiency with ROA of 1.9% and ROE of 3.7% suggest assets are not generating adequate returns relative to their size
- Minimal revenue growth of only 1.6% YoY despite large asset base indicates stagnant top-line performance and potential demand challenges in furniture sector
- Free cash flow generation of $9.0M represents only 2.7% of revenue, providing limited capital for growth investments or shareholder returns
Key Metrics to Watch
- Operating margin trend - need sustained improvement above 3-4% to demonstrate viable unit economics
- Revenue growth acceleration - current 1.6% growth is insufficient; watch for reacceleration in coming periods
- Return on assets and equity - monitor whether profitability improvements drive better capital allocation returns
- Free cash flow conversion - track if FCF margin can expand above 3% to support dividends or strategic investments
BSET Financial Metrics
💡 AI Analyst Insight
The relatively thin 2.7% FCF margin may limit capital allocation flexibility.
BSET Profitability Ratios
BSET vs Default Sector
How BASSETT FURNITURE INDUSTRIES INC compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
BSET Balance Sheet & Liquidity
BSET 5-Year Financial Trend
5-Year Trend Summary: BASSETT FURNITURE INDUSTRIES INC's revenue has declined by 20% over the 5-year period, indicating business contraction. The most recent EPS of $-0.36 indicates the company is currently unprofitable.
BSET Growth Metrics (YoY)
BSET Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $75.6M | $801.0K | $0.09 |
| Q2 2025 | $83.4M | $1.9M | $0.22 |
| Q1 2025 | $82.2M | -$1.2M | $-0.14 |
| Q3 2024 | $75.6M | $930.0K | $0.11 |
| Q2 2024 | $83.4M | $2.1M | $0.24 |
| Q1 2024 | $86.6M | -$1.2M | $-0.14 |
| Q3 2023 | $87.2M | $930.0K | $0.11 |
| Q2 2023 | $100.5M | $2.1M | $0.24 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
BSET Capital Allocation
BSET SEC Filings
Access official SEC EDGAR filings for BASSETT FURNITURE INDUSTRIES INC (CIK: 0000010329)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BSET
What is the AI rating for BSET?
BASSETT FURNITURE INDUSTRIES INC (BSET) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are BSET's key strengths?
Strong balance sheet with minimal debt (Debt/Equity 0.00x) and $41.3M cash providing financial flexibility. Excellent liquidity position with Current Ratio of 1.89x and Quick Ratio of 1.09x, indicating ability to meet short-term obligations.
What are the risks of investing in BSET?
Critically low operating margin of 2.3% and net margin of 1.8% indicate limited profitability and vulnerability to cost pressures or revenue fluctuations. Weak asset efficiency with ROA of 1.9% and ROE of 3.7% suggest assets are not generating adequate returns relative to their size.
What is BSET's revenue and growth?
BASSETT FURNITURE INDUSTRIES INC reported revenue of $335.3M.
Does BSET pay dividends?
BASSETT FURNITURE INDUSTRIES INC pays dividends, with $6.9M distributed to shareholders in the trailing twelve months.
Where can I find BSET SEC filings?
Official SEC filings for BASSETT FURNITURE INDUSTRIES INC (CIK: 0000010329) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BSET's EPS?
BASSETT FURNITURE INDUSTRIES INC has a diluted EPS of $0.70.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.