Overview
Reliance Worldwide Corporation Ltd (ASX: RWC) supplies plumbing and heating products used across residential, commercial and adjacent applications. Its established brands and international distribution provide scale, while modest reported revenue growth, a high P/E ratio and a relatively small dividend yield shape the investment profile. The share price is also trading near the top of its 52-week range.
Reliance Worldwide Corporation is an Australia-listed building-products business with a broad international footprint. It designs, manufactures and supplies water-flow, plumbing and heating products, including push-to-connect fittings, valves, pipe systems, controls, leak-detection products and underfloor-heating solutions. Brands include SharkBite, John Guest, JG Speedfit and HoldRite, with distribution through retail, hardware, wholesale and original equipment manufacturer channels. The company reported revenue of A$1.3B, placing it at meaningful scale in the building products and equipment industry.
Key facts
- Ticker
- RWC
- Exchange
- AU
- ISIN
- AU000000RWC7
- Sector
- Industrials
- Industry
- Building Products & Equipment
- Country
- Australia
- Currency
- AUD
- Price
- A$4.68
- Previous close
- A$4.71
- Day change
- -A$0.03 (-0.64%)
- Market cap
- 3.5B
- 52W low
- A$2.86
- 52W high
- A$4.79
Price and trend
Last price: A$4.68
- Price
- A$4.68
- 52W range
- A$2.86 – A$4.79
- 50-day SMA
- A$4.25
- 200-day SMA
- A$3.65
- Price vs 50D SMA
- 10.05%
- Price vs 200D SMA
- 28.38%
Valuation
- P/E
- 468.00
- EPS
- 0.01
- Dividend yield
- 0.42%
- Beta
- 0.74
The supplied P/E ratio of 468 is elevated, indicating that the market price is high relative to current earnings. With revenue growth at 3.50%, valuation depends on the company sustaining or improving earnings; the reported 48.00% profit margin is notable but does not, by itself, establish that current profitability will persist. The dividend yield of 0.42% makes income a limited part of the share’s profile. The supplied analyst target price is A$4.77, or 1.83% from the last price, but that estimate is secondary context and not a dependable valuation anchor.
Profitability and growth
- Revenue growth
- 3.50%
- Revenue TTM
- 1.3B
- Profit margin
- 48.00%
Analyst view
Comparison uses the last price shown; targets are analyst estimates.
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- Price
- A$4.68
- Target price
- A$4.77
- Target vs last price
- 1.83% from last price
The supplied operating snapshot combines 3.50% revenue growth with a reported 48.00% profit margin, although those figures alone do not explain the drivers or durability of profitability. The business’s product breadth and global reach offer exposure to multiple plumbing and heating markets, while demand remains linked to building and renovation activity. At A$4.68, the share is near its 52-week high of A$4.79 and stands above its 50-day and 200-day moving averages. This is a constructive recent price context, but it should be weighed against valuation and operating risks rather than treated as a forecast.
Risks
Reliance Worldwide’s sales are exposed to activity in plumbing, housing and construction markets, while competition and manufacturing or distribution costs can affect profitability. Revenue growth is 3.50%, and the reported P/E ratio of 468 suggests the share price is high relative to current earnings, leaving valuation sensitive to changes in earnings expectations. The 0.42% dividend yield is modest and does not remove the risk of share-price volatility. The share is near its 52-week high and above both supplied moving averages; this reflects recent strength, but prices can reverse.
FAQ
What does Reliance Worldwide Corporation do?
Reliance Worldwide designs, manufactures and supplies plumbing and heating products, including fittings, valves, pipes, connection systems and leak-control solutions. Its products serve residential and commercial plumbing as well as selected adjacent markets, and are sold through retail, hardware, wholesale and original equipment manufacturer channels.
How has the business been growing?
The supplied figures show revenue of A$1.3B and revenue growth of 3.50%. That points to modest recent top-line growth, although revenue growth alone does not show how sales mix, costs or cash generation are changing.
Does Reliance Worldwide pay a dividend?
The supplied dividend yield is 0.42%, indicating a relatively modest income component at the quoted share price. Dividends can change and are not guaranteed.
How does RWC’s share price compare with its recent range and moving averages?
At A$4.68, the share price is close to its 52-week high of A$4.79 and above its 50-day and 200-day moving averages of A$4.25 and A$3.65, respectively. These comparisons describe recent price context but do not establish what the share will do next.
*This content is aimed to provide general information only, and does not take your personal objectives, financial situation or needs into account.
