BSETNasdaqWood Household Furniture, (No Upholstered)Fiscal year ends November 28
BASSETT FURNITURE INDUSTRIES INC
Financials through Q3 FY2026, quarter ended Aug 29, 2026Last filing: 10-Q on Sep 30, 2026
$21.73+0.32 (+1.49%)
Close on Oct 19, 2026
- Market cap
- $187.73M
- P/E (TTM)
- 31.0
- Dividend yield
- 3.68%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
56.3%+4.7 pts over 5 years
Operating margin
2.3%+7.5 pts over 5 years
Net margin
1.8%+4.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.6% | -11.6% | -0.1% | -2.5% | |
| Gross profit | +5.2% | -8.8% | +1.6% | -2.8% | |
| Operating income | – | -39.2% | – | -11.3% | |
| Net income | – | -54.6% | – | -11.4% | |
| EPS, diluted | – | -53.5% | – | -9.4% | |
| Free cash flow | – | – | -21.8% | -7.9% | |
| Dividend per share | +5.3% | +10.1% | +11.7% | +8.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 8.8% | -6.2% | 3.7% | |
| Return on assets | 5.6% | -3.1% | 1.8% | |
| Current ratio | 1.83 | 1.36 | 1.89 | |
| Debt to equity | 0.04 | – | – | |
| Net debt to EBITDA | -0.69× | – | – | |
| Interest coverage | 51.1× | – | 150.5× | |
| Inventory turnover | 3.0× | 2.7× | 2.5× | |
| Capex to revenue | 5.0% | 1.8% | 1.4% | |
| Diluted shares | 11M | 10M | – |
Where the cash went
Fiscal 2021 to 2025, five years combined
Bassett Furniture Industries generated $53.80M from operations and spent $135.14M on capital expenditure, dividends and share buybacks. 44% of that went back into the business.
Generated
$53.80M
Used
$135.14M
Capital expenditure$59.28M44%Dividends$47.43M35%Share buybacks$28.43M21%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.8%
×Asset turnover1.01×
×Equity multiplier2.00×
=Return on equity, FY20253.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.8% | 1.01× | 2.00× | 3.7% |
| FY2024 | -2.9% | 0.93× | 2.03× | -5.5% |
| FY2023 | -0.8% | 1.00× | 2.05× | -1.7% |
| FY2022 | 13.5% | 1.17× | 2.31× | 36.5% |
| FY2021 | 4.2% | 1.05× | 2.57× | 11.2% |
| FY2020 | -3.1% | 1.00× | 2.01× | -6.2% |
| FY2019 | -0.4% | 1.59× | 1.54× | -1.0% |
| FY2018 | 1.8% | 1.56× | 1.53× | 4.3% |
| FY2017 | 4.0% | 1.58× | 1.54× | 9.8% |
| FY2016 | 3.7% | 1.54× | 1.57× | 8.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$6.10M
- Cash generatingOperating cash flow above zero$13.49M
- Return on assets improvedROA up on the prior year-2.6% → 1.8%
- Earnings backed by cashOperating cash flow above net income$13.49M vs $6.10M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.93 → 1.89
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year54.38% → 56.28%
- More efficientAsset turnover rose0.89 → 0.98