Bassett Furniture IndustriesBSET -0.67%57 Net Current Asset Value is $-1.69 as of May. 2026. GuruFocus rates BSET with a GF Score™ of 57/100 and a GF Value™ of $14.28 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 285 Furnishings, Fixtures & Appliances companies, Bassett Furniture Industries ranks worse than 350876.84% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Bassett Furniture Industries's net current asset value per share for the quarter that ended in May. 2026 was $-1.69.
The historical rank and industry rank for Bassett Furniture Industries's Net Current Asset Value or its related term are showing as below:
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Bassett Furniture Industries was 29.32. The lowest was 3.05. And the median was 6.35.
BSET's Price-to-Net-Current-Asset-Value is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 3.56 * Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
Bassett Furniture Industries (NAS:BSET) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Bassett Furniture Industries Net Current Asset Value Related Terms
Bassett Furniture Industries Net Current Asset Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bassett Furniture Industries Net Current Asset Value Chart
BSET vs LCUT, HOFT, KEQU: Net Current Asset Value Comparison
For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bassett Furniture Industries Price-to-Net-Current-Asset-Value vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bassett Furniture Industries's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Bassett Furniture Industries's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of $-1.69 mean?
Bassett Furniture Industries (BSET) has a Net Current Asset Value of $-1.69 as of May. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Bassett Furniture Industries and its competitors. Over the past decade, Bassett Furniture Industries' Net Current Asset Value has ranged from 3.05 to 29.32. According to the industry distribution chart, Bassett Furniture Industries ranks #999999 out of 285 companies in the Furnishings, Fixtures & Appliances industry.
Is Bassett Furniture Industries' Net Current Asset Value too high?
Bassett Furniture Industries' current Net Current Asset Value is $-1.69. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 29.32. Based on the distribution chart, Bassett Furniture Industries ranks #999999 out of 285 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Bassett Furniture Industries has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bassett Furniture Industries' Net Current Asset Value compare to LCUT and HOFT?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Bassett Furniture Industries ranks #999999 out of 285 companies for Net Current Asset Value. This places Bassett Furniture Industries in the lower half of its industry. The industry median Net Current Asset Value is 3.56. Historically, Bassett Furniture Industries' own Net Current Asset Value has ranged from 3.05 to 29.32 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Furnishings, Fixtures & Appliances company?
The median Net Current Asset Value among Furnishings, Fixtures & Appliances companies is 3.56, based on 285 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Bassett Furniture Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Net Current Asset Value is 3.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bassett Furniture Industries's current Net Current Asset Value is $-1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bassett Furniture Industries stock overvalued right now?
Based on GuruFocus' analysis, Bassett Furniture Industries (BSET) is currently considered Significantly Overvalued. The stock's GF Value™ is $14.28, compared to a current price of $20.86 — trading 46.1% above its estimated fair value. The current Net Current Asset Value is $-1.69. Bassett Furniture Industries' overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Bassett Furniture Industries (BSET), the current Net Current Asset Value is $-1.69 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bassett Furniture Industries (BSET) Overvalued in 2026?
Based on GuruFocus' analysis, Bassett Furniture Industries stock appears to be overvalued.
The current stock price of $20.86 is trading 46.1% above its estimated GF Value™ of $14.28.
GuruFocus considers Bassett Furniture Industries to be Significantly Overvalued.
Key valuation signals for BSET:
Net Current Asset Value: $-1.69
GF Value™: $14.28 vs. price of $20.86 (46.1% above fair value)
No single metric tells the full story. See the BSET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bassett Furniture Industries Inc is a manufacturer, marketer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products, the Retail segment which consists of company-owned stores, and the Corporate and others segment. Majority of revenue is from Wholesale sales of furniture and accessories.
57GF Score
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Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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