Bassett Furniture Industries
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- Market Cap.:
- $162.15 million
- Book Value:
- Revenue TTM:
- $485.60 million
- Operating Margin TTM:
- Gross Profit TTM:
- $248.34 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Bassett Furniture Industries had its IPO on 1987-01-01 under the ticker symbol BSET.
The company operates in the Consumer Cyclical sector and Fixtures & Appliances industry. Bassett Furniture Industries has a staff strength of 1,561 employees.
Shares of Bassett Furniture Industries opened at $18.3 at the start of the last trading session i.e. 2023-03-19.
The stocks traded within a range of $17.76 - $18.47, and closed at $17.87.
This is a -2.35% slip from the previous day's closing price.
A total volume of 40,700 shares were traded at the close of the day’s session.
In the last one week, shares of Bassett Furniture Industries have slipped by -3.98%.
Bassett Furniture Industries's Key Ratios
Bassett Furniture Industries has a market cap of $162.15 million, indicating a price to book ratio of 0.8229 and a price to sales ratio of 0.3002.
In the last 12-months Bassett Furniture Industries’s revenue was $485.60 million with a gross profit of $248.34 million and an EBITDA of $41.09 million. The EBITDA ratio measures Bassett Furniture Industries's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Bassett Furniture Industries’s operating margin was 6.13% while its return on assets stood at 4.5% with a return of equity of 14.15%.
In Q3.6666666666667, Bassett Furniture Industries’s quarterly earnings growth was a positive 6.1% while revenue growth was a positive 5.8%.
Bassett Furniture Industries’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $2.66 per share while it has a forward price to earnings multiple of 10.4932 and a PEG multiple of 0.6557. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Bassett Furniture Industries’s profitability.
Bassett Furniture Industries stock is trading at a EV to sales ratio of 0.3365 and a EV to EBITDA ratio of 4.1472. Its price to sales ratio in the trailing 12-months stood at 0.3002.
Bassett Furniture Industries stock pays annual dividends of $0.6 per share, indicating a yield of 3.49% and a payout ratio of 9.01%.
Balance sheet and cash flow metrics
- Total Assets
- $406.27 million
- Total Liabilities
- $100.83 million
- Operating Cash Flow
- Capital Expenditure
- $4.03 million
- Dividend Payout Ratio
Bassett Furniture Industries ended 2023 with $406.27 million in total assets and $0 in total liabilities. Its intangible assets were valued at $406.27 million while shareholder equity stood at $195.61 million.
Bassett Furniture Industries ended 2023 with $0 in deferred long-term liabilities, $100.83 million in other current liabilities, 44759000.00 in common stock, $150.80 million in retained earnings and $12.77 million in goodwill. Its cash balance stood at $61.63 million and cash and short-term investments were $79.34 million. The company’s total short-term debt was $18,819,000 while long-term debt stood at $0.
Bassett Furniture Industries’s total current assets stands at $196.50 million while long-term investments were $0 and short-term investments were $17.72 million. Its net receivables were $20.19 million compared to accounts payable of $20.36 million and inventory worth $85.48 million.
In 2023, Bassett Furniture Industries's operating cash flow was $0 while its capital expenditure stood at $4.03 million.
Comparatively, Bassett Furniture Industries paid $0.09 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Bassett Furniture Industries stock is currently trading at $17.87 per share. It touched a 52-week high of $23.5267 and a 52-week low of $23.5267. Analysts tracking the stock have a 12-month average target price of $30.5.
Its 50-day moving average was $18.56 and 200-day moving average was $18.34 The short ratio stood at 5.23 indicating a short percent outstanding of 0%.
Around 914.4% of the company’s stock are held by insiders while 5742.3% are held by institutions.
Frequently Asked Questions About Bassett Furniture Industries
Similar Industry Stocks (Fixtures & Appliances)
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. 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 to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 26, 2022, it operated a network of 58 company-owned stores and 33 licensee-owned stores. It also provides warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, and Bassett galleries or design centers, as well as sells its products online. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.