BSET (Bassett Furniture Industries) Altman Z-Score: 2.52 (As of Jun. 28, 2026) — Near Median


BSET Bassett Furniture Industries Inc BSET
61 GF Score
Price $17.28
GF Value $13.88
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Bassett Furniture Industries Altman Z-Score?

Bassett Furniture Industries BSET +2.98% 61 Altman Z-Score is 2.52 as of Jun. 28, 2026, which is 1% above its 10-year median of 2.50. GuruFocus rates BSET with a GF Score™ of 61/100 and a GF Value™ of $13.88 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 426 Furnishings, Fixtures & Appliances companies, Bassett Furniture Industries ranks worse than 56.1% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 2.52 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

Bassett Furniture Industries has a Altman Z-Score of 2.52, indicating it is in Grey Zones. This implies that Bassett Furniture Industries is in some kind of financial stress. If it is below 1.81, the company may face bankrupcy risk.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Bassett Furniture Industries's Altman Z-Score or its related term are showing as below:

BSET' s Altman Z-Score Range Over the Past 10 Years
Min: 1.39   Med: 2.5   Max: 5.55
Current: 2.52

During the past 13 years, Bassett Furniture Industries's highest Altman Z-Score was 5.55. The lowest was 1.39. And the median was 2.50.


Bassett Furniture Industries  (NAS:BSET) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Bassett Furniture Industries Altman Z-Score Related Terms


Bassett Furniture Industries Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Bassett Furniture Industries's Altman Z-Score can be seen below:

* 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 Altman Z-Score Chart

Bassett Furniture Industries Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 2.76 2.28 2.03 2.41

Bassett Furniture Industries Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Altman Z-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.12 2.29 2.43 2.41 2.44

BSET vs LCUT, HOFT, KEQU: Altman Z-Score Comparison

For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bassett Furniture Industries's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Bassett Furniture Industries's Altman Z-Score falls into.


BSET
61GF Score
Bassett Furniture Industries Inc BSET
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Bassett Furniture Industries Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Bassett Furniture Industries's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.2157+1.4*0.3811+3.3*0.0246+0.6*0.9849+1.0*1.0547
=2.52

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Feb. 2026:
Total Assets was $316.2 Mil.
Total Current Assets was $140.0 Mil.
Total Current Liabilities was $71.8 Mil.
Retained Earnings was $120.5 Mil.
Pre-Tax Income was 1.518 + 2.514 + 1.095 + 2.596 = $7.7 Mil.
Interest Expense was 0 + -0.052 + 0 + 0 = $-0.1 Mil.
Revenue was 80.34 + 88.667 + 80.103 + 84.348 = $333.5 Mil.
Market Cap (Today) was $149.4 Mil.
Total Liabilities was $151.7 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(140.024 - 71.823)/316.154
=0.2157

X2=Retained Earnings/Total Assets
=120.484/316.154
=0.3811

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(7.723 - -0.052)/316.154
=0.0246

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=149.424/151.708
=0.9849

X5=Revenue/Total Assets
=333.458/316.154
=1.0547

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Bassett Furniture Industries has a Altman Z-Score of 2.52 indicating it is in Grey Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 2.52 mean?
Bassett Furniture Industries (BSET) has a Altman Z-Score of 2.52 as of Jun. 28, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bassett Furniture Industries and its competitors. This is near median its historical median of 2.50. Over the past decade, Bassett Furniture Industries' Altman Z-Score has ranged from 1.39 to 5.55. According to the industry distribution chart, Bassett Furniture Industries ranks #239 out of 426 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 56.1%.
Is Bassett Furniture Industries' Altman Z-Score too high?
Bassett Furniture Industries' current Altman Z-Score of 2.52 is near median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 5.55. The Furnishings, Fixtures & Appliances industry median Altman Z-Score is 2.78. Bassett Furniture Industries' value of 2.52 is 9.2% below this industry median. Based on the distribution chart, Bassett Furniture Industries ranks #239 out of 426 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Bassett Furniture Industries has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bassett Furniture Industries' Altman Z-Score compare to LCUT and HOFT?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Bassett Furniture Industries ranks #239 out of 426 companies for Altman Z-Score. This places Bassett Furniture Industries in the lower half of its industry. The industry median Altman Z-Score is 2.78. Bassett Furniture Industries' value of 2.52 is 9.2% below this benchmark. Historically, Bassett Furniture Industries' own Altman Z-Score has ranged from 1.39 to 5.55 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 2.78, Bassett Furniture Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for a Furnishings, Fixtures & Appliances company?
The median Altman Z-Score among Furnishings, Fixtures & Appliances companies is 2.78, based on 426 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bassett Furniture Industries's current Altman Z-Score of 2.52 is 9.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Bassett Furniture Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Altman Z-Score is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bassett Furniture Industries's current Altman Z-Score is 2.52, which is near median its own 10-year median of 2.50. 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 Modestly Overvalued. The stock's GF Value™ is $13.88, compared to a current price of $17.28 — trading 24.5% above its estimated fair value. The current Altman Z-Score is 2.52, which is near median its 10-year median of 2.50 and 9.2% below the Furnishings, Fixtures & Appliances industry median of 2.78. Bassett Furniture Industries' overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Bassett Furniture Industries (BSET), the current Altman Z-Score is 2.52 as of Jun. 28, 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 $17.28 is trading 24.5% above its estimated GF Value™ of $13.88. GuruFocus considers Bassett Furniture Industries to be Modestly Overvalued.

Key valuation signals for BSET:

  • Altman Z-Score: 2.52 (near median its 10-year median of 2.50)
  • GF Value™: $13.88 vs. price of $17.28 (24.5% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 9.2% below the Furnishings, Fixtures & Appliances median (#239 of 426)

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 Business Description

Address 3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055
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.
61GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.28
Price
$13.88
GF Value