BASSETT FURNITURE INDS (BSET)
US0702031040 - Common Stock
BSET gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 67 industry peers in the Household Durables industry. No worries on liquidiy or solvency for BSET as it has an excellent financial health rating, but there are worries on the profitability. BSET is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BSET has reported negative net income.
In the past year BSET had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: BSET reported negative net income in multiple years.
Of the past 5 years BSET 4 years had a positive operating cash flow.
1.2 Ratios
BSET has a Return On Assets of -1.60%. This is in the lower half of the industry: BSET underperforms 72.73% of its industry peers.
With a Return On Equity value of -3.21%, BSET is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.6% | ||
| ROE | -3.21% | ||
| ROIC | N/A |
ROA(3y)6.49%
ROA(5y)3.24%
ROE(3y)14.24%
ROE(5y)7.01%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Operating Margin of BSET has declined.
Looking at the Gross Margin, with a value of 53.42%, BSET belongs to the top of the industry, outperforming 92.42% of the companies in the same industry.
BSET's Gross Margin has declined in the last couple of years.
BSET does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 53.42% |
OM growth 3YN/A
OM growth 5Y-29.51%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.88%
GM growth 5Y-2.7%
2. Health
2.1 Basic Checks
BSET does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for BSET has been reduced compared to 1 year ago.
BSET has less shares outstanding than it did 5 years ago.
The debt/assets ratio for BSET has been reduced compared to a year ago.
2.2 Solvency
BSET has an Altman-Z score of 2.20. This is not the best score and indicates that BSET is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.20, BSET is doing worse than 66.67% of the companies in the same industry.
There is no outstanding debt for BSET. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 2.2 |
ROIC/WACCN/A
WACC10.64%
2.3 Liquidity
BSET has a Current Ratio of 2.04. This indicates that BSET is financially healthy and has no problem in meeting its short term obligations.
With a Current ratio value of 2.04, BSET perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
A Quick Ratio of 1.18 indicates that BSET should not have too much problems paying its short term obligations.
The Quick ratio of BSET (1.18) is better than 62.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
BSET shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -133.76%.
The Revenue for BSET has decreased by -22.39% in the past year. This is quite bad
Measured over the past years, BSET shows a decrease in Revenue. The Revenue has been decreasing by -3.11% on average per year.
EPS 1Y (TTM)-133.76%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-187.5%
Revenue 1Y (TTM)-22.39%
Revenue growth 3Y4.93%
Revenue growth 5Y-3.11%
Revenue growth Q2Q-19.63%
3.2 Future
BSET is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 68.81% yearly.
Based on estimates for the next years, BSET will show a small growth in Revenue. The Revenue will grow by 2.31% on average per year.
EPS Next Y248.84%
EPS Next 2Y117.18%
EPS Next 3Y68.81%
EPS Next 5YN/A
Revenue Next Year-2.44%
Revenue Next 2Y1.4%
Revenue Next 3Y2.31%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
BSET reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
BSET is valuated reasonably with a Price/Forward Earnings ratio of 10.82.
BSET's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BSET is cheaper than 65.15% of the companies in the same industry.
BSET's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.58.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.82 |
4.2 Price Multiples
BSET's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BSET is cheaper than 89.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 6.62 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as BSET's earnings are expected to grow with 68.81% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y117.18%
EPS Next 3Y68.81%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.21%, BSET is a good candidate for dividend investing.
BSET's Dividend Yield is rather good when compared to the industry average which is at 3.06. BSET pays more dividend than 92.42% of the companies in the same industry.
BSET's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
5.2 History
The dividend of BSET decreases each year by -4.10%.
BSET has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-4.1%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BSET has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-105.89%
EPS Next 2Y117.18%
EPS Next 3Y68.81%
BASSETT FURNITURE INDS
NASDAQ:BSET (5/6/2024, 7:00:02 PM)
14.4
+0.3 (+2.13%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryHousehold Durables
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap127.15M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.21% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 10.82 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.6% | ||
| ROE | -3.21% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 53.42% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 2.04 | ||
| Quick Ratio | 1.18 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-133.76%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y248.84%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-22.39%
Revenue growth 3Y4.93%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y