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BSETBassett Furniture Industries, Incorporated
$19.06$165M
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Bassett Furniture Industries, Incorporated (BSET) Financial Ratios

Latest Ratios: P/E Ratio 27.2x · EV/EBITDA 12.8x · ROE 3.7%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

BSET Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$165M$135M$133M$146M$175M$165M$165M$157M$217M$420M$320M
Enterprise Value$212M$183M$200M$210M$230M$264M$258M$137M$184M$370M$292M
P/E Ratio →27.2322.19——6.909.17——26.3223.0320.24
P/S Ratio0.490.400.400.370.360.380.490.350.470.930.74
P/B Ratio1.010.820.800.800.901.021.050.881.142.201.77
P/FCF18.4215.09—118.29—43.355.39—20.8420.1318.24
P/OCF12.2310.0232.957.80—11.354.5015.967.5511.568.20

P/E links to full P/E history page with 30-year chart

BSET EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—0.540.610.540.470.610.770.300.400.820.68
EV / EBITDA12.7710.98—29.965.126.8120.749.696.499.027.12
EV / EBIT27.1420.72——6.7411.60——14.9713.1711.10
EV / FCF—20.38—169.93—69.358.43—17.6517.7316.65

BSET Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin56.3%56.3%54.4%52.9%51.1%51.3%51.6%50.1%60.7%60.8%61.2%
Operating Margin2.3%2.3%-4.9%-0.8%7.2%5.6%-0.3%-0.1%3.1%6.0%6.5%
Net Profit Margin1.8%1.8%-2.9%-0.8%13.5%4.2%-3.1%-0.4%1.8%4.0%3.7%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE3.7%3.7%-5.5%-1.7%36.5%11.2%-6.2%-1.0%4.3%9.8%8.8%
ROA1.8%1.8%-2.7%-0.8%15.8%4.4%-3.1%-0.7%2.8%6.4%5.6%
ROIC2.6%2.6%-5.1%-0.9%10.2%7.1%-0.4%-0.3%7.1%13.8%13.8%
ROCE3.0%3.0%-5.8%-1.0%11.8%8.5%-0.4%-0.3%6.7%13.1%14.0%

BSET Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.540.540.640.630.590.820.88—0.000.020.04
Debt / EBITDA5.335.33—16.582.593.4411.16—0.010.090.17
Net Debt / Equity—0.290.400.350.280.610.59-0.11-0.17-0.26-0.16
Net Debt / EBITDA2.852.85—9.101.222.557.48-1.39-1.17-1.22-0.68
Debt / FCF—5.29—51.64—26.013.04—-3.19-2.40-1.60
Interest Coverage——-478.00-112.09897.37690.61—-289.00215.14120.1347.70

BSET Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio1.891.891.932.031.951.341.361.891.821.911.83
Quick Ratio1.091.091.181.221.100.760.890.981.031.261.13
Cash Ratio0.770.770.820.900.790.390.540.510.690.920.76
Asset Turnover—1.040.971.051.201.020.841.641.571.541.55
Inventory Turnover2.372.372.742.922.782.692.983.402.803.263.15
Days Sales Outstanding—18.8219.2715.2615.1817.4234.6017.2615.2215.8415.51

BSET Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield4.2%5.1%5.0%4.1%11.5%4.7%2.8%3.3%4.1%1.8%2.0%
Payout Ratio113.8%113.8%——30.9%42.6%——107.1%42.3%39.9%

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield3.7%4.5%——14.5%10.9%——3.8%4.3%4.9%
FCF Yield5.4%6.6%—0.8%—2.3%18.6%—4.8%5.0%5.5%
Buyback Yield1.3%1.6%1.1%2.9%8.6%3.4%1.3%4.7%2.7%0.0%2.0%
Total Shareholder Yield5.5%6.7%6.0%7.0%20.2%8.0%4.1%8.0%6.8%1.9%4.0%
Shares Outstanding—$9M$9M$9M$9M$10M$10M$10M$11M$11M$11M

Key Metrics

Growth RegimeMixed
ProfitabilityStrained
Balance SheetHealthy
Cash FlowMixed
Top Statement Risk

Cyclical Housing Market Sensitivity

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Market Valuation Reflects Cyclical Uncertainty

Based on recent market data, BSET trades at a P/E of 24.69 and a P/S of 0.45, suggesting that investors are pricing the company as a low-growth, legacy manufacturer rather than a specialized design-led retailer, despite the potential for future capital returns or strategic asset consolidation.

The current valuation multiples appear to discount the company's significant cash position, implying that the market remains skeptical of management's ability to drive margin expansion in the near term. Investors should monitor whether the forward P/E of 20.95 reflects a realistic expectation of earnings recovery or if the stock remains trapped in a value-oriented range due to persistent housing market headwinds.

Capital Efficiency Constrained by Margins

As reported in financial statements, BSET's ROIC has struggled to remain positive, hovering at 0.4% in 2026Q1, which indicates that the company is currently failing to generate returns on invested capital that exceed its cost of capital, largely due to thin operating margins and inefficient asset utilization.

The downward trend in ROIC over the last ten quarters highlights the difficulty of maintaining profitability within a high-fixed-cost manufacturing and retail model. This suggests that unless the company can significantly improve its manufacturing throughput or rationalize its retail footprint, the compounding of shareholder value will remain elusive in the current economic environment.

Working Capital Cycles Remain Stretched

According to recent quarterly filings, BSET's cash conversion cycle reached 145 days in 2026Q1, driven primarily by an elevated days inventory outstanding of 165 days, which suggests that the company's inventory management is struggling to align with the current pace of consumer demand in the furniture sector.

The persistent length of the cash conversion cycle indicates that capital is being tied up in inventory for extended periods, which limits the company's liquidity and operational flexibility. Investors should monitor whether management can optimize these working capital metrics, as any further deterioration could necessitate increased reliance on external financing to support ongoing operations.

Conservative Leverage Amidst Operational Risk

Based on reported figures, BSET maintains a debt-to-equity ratio of 0.52 as of 2026Q1, reflecting a disciplined, conservative approach to balance sheet management that prioritizes solvency over aggressive growth, even as the company navigates a period of significant volatility in its core wholesale and retail segments.

While the low leverage provides a buffer against cyclical downturns, the high debt-to-EBITDA ratio of 24.38 suggests that the company's ability to service debt from operating cash flow is currently strained. This warrants further investigation into whether the current debt levels are sustainable if the housing market remains stagnant for an extended period.

Misapplication of Traditional P/E Multiples

The price-to-earnings ratio is frequently misapplied to BSET, as it obscures the company's significant cash-per-share value and the cyclical nature of its earnings, which are heavily influenced by non-recurring logistics divestitures and fluctuating manufacturing throughput rather than consistent, long-term operational growth trends.

Analysts should instead focus on the price-to-tangible-book-value or a sum-of-the-parts valuation to better capture the underlying value of the company's real estate and logistics assets. Relying solely on P/E multiples may lead to an inaccurate assessment of the company's true earning power, as it fails to account for the structural costs inherent in the vertically integrated business model.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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BSET — Frequently Asked Questions

Quick answers to the most common questions about buying BSET stock.

What is Bassett Furniture Industries, Incorporated's P/E ratio?

Bassett Furniture Industries, Incorporated's current P/E ratio is 27.2x. The historical average is 19.0x. This places it at the 84th percentile of its historical range.

What is Bassett Furniture Industries, Incorporated's EV/EBITDA?

Bassett Furniture Industries, Incorporated's current EV/EBITDA is 12.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.9x.

What is Bassett Furniture Industries, Incorporated's ROE?

Bassett Furniture Industries, Incorporated's return on equity (ROE) is 3.7%. The historical average is 4.0%.

Is BSET stock overvalued?

Based on historical data, Bassett Furniture Industries, Incorporated is trading at a P/E of 27.2x. This is at the 84th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Bassett Furniture Industries, Incorporated's dividend yield?

Bassett Furniture Industries, Incorporated's current dividend yield is 4.18% with a payout ratio of 113.8%.

What are Bassett Furniture Industries, Incorporated's profit margins?

Bassett Furniture Industries, Incorporated has 56.3% gross margin and 2.3% operating margin.

How much debt does Bassett Furniture Industries, Incorporated have?

Bassett Furniture Industries, Incorporated's Debt/EBITDA ratio is 5.3x, indicating high leverage. A ratio above 4x may signal elevated financial risk.