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Reliance Worldwide Corporation LimitedASX:RWC Stock Report

Market Cap AU$2.4b
Share Price
AU$3.16
AU$4.23
25.4% undervalued intrinsic discount
1Y-27.2%
7D0.3%
1D
Portfolio Value
View

Reliance Worldwide Corporation Limited

ASX:RWC Stock Report

Market Cap: AU$2.4b

Reliance Worldwide (RWC) Stock Overview

Engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for the plumbing and heating industries. More details

RWC fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance1/6
Financial Health5/6
Dividends2/6

RWC Community Fair Values

Create Narrative

See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

Reliance Worldwide Corporation Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Reliance Worldwide
Historical stock prices
Current Share PriceAU$3.16
52 Week HighAU$4.62
52 Week LowAU$2.86
Beta0.82
1 Month Change-0.63%
3 Month Change1.28%
1 Year Change-27.19%
3 Year Change-21.78%
5 Year Change-40.04%
Change since IPO7.12%

Recent News & Updates

Narrative Update May 02

RWC: Share Buybacks And US Expansion Will Support Future Upside

Analysts have reduced their fair value estimate for Reliance Worldwide from A$4.31 to A$4.23, reflecting slightly revised assumptions for the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Reliance Worldwide launched SharkBite PEX Press fittings, adding press connections with integrated stainless steel sleeves to its PEX-a and PEX-b offering and rounding out a full system of push, press, expansion, crimp and clamp options under the SharkBite brand (company announcement).
Narrative Update Apr 16

RWC: Expanded Buyback And US Capacity Investments Will Support Future Upside

Analysts have trimmed their price target for Reliance Worldwide to A$4.31 from A$4.32, citing updates to discount rate assumptions, revenue growth expectations, profit margin outlook, and future P/E inputs. What's in the News Launched SharkBite PEX Press fittings, adding press connections with integrated stainless steel sleeves to the SharkBite PEX system and expanding the range of fittings, valves, and accessories across push, press, expansion, crimp, and clamp connections (product-related announcement).
Narrative Update Apr 01

RWC: Expanded Buyback Program Will Support Future Upside Potential

Analysts have trimmed their price target for Reliance Worldwide by A$0.01 to A$4.31. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations.
Narrative Update Mar 18

RWC: Expanded Buyback Authority Will Support Future Upside Potential

Analysts have inched up their fair value estimate for Reliance Worldwide to A$4.32 from A$4.28, reflecting updated assumptions around revenue growth, profit margins and the future P/E multiple. What's in the News The board authorizes a share repurchase program with plans to buy back up to A$15.3 million of shares, valid until 26 February 2027, with 766,432,961 shares on issue at the time of approval on 17 February 2026 (Key Developments).
New Narrative Mar 05

Tariff And Copper Pressures Will Persist But Long Term Housing Demand Will Support Progress

Catalysts About Reliance Worldwide Reliance Worldwide supplies plumbing and water control products across repair and remodel, new residential construction and commercial projects in key regions including the Americas, EMEA and Asia Pacific. What are the underlying business or industry changes driving this perspective?

Recent updates

Narrative Update May 02

RWC: Share Buybacks And US Expansion Will Support Future Upside

Analysts have reduced their fair value estimate for Reliance Worldwide from A$4.31 to A$4.23, reflecting slightly revised assumptions for the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Reliance Worldwide launched SharkBite PEX Press fittings, adding press connections with integrated stainless steel sleeves to its PEX-a and PEX-b offering and rounding out a full system of push, press, expansion, crimp and clamp options under the SharkBite brand (company announcement).
Narrative Update Apr 16

RWC: Expanded Buyback And US Capacity Investments Will Support Future Upside

Analysts have trimmed their price target for Reliance Worldwide to A$4.31 from A$4.32, citing updates to discount rate assumptions, revenue growth expectations, profit margin outlook, and future P/E inputs. What's in the News Launched SharkBite PEX Press fittings, adding press connections with integrated stainless steel sleeves to the SharkBite PEX system and expanding the range of fittings, valves, and accessories across push, press, expansion, crimp, and clamp connections (product-related announcement).
Narrative Update Apr 01

RWC: Expanded Buyback Program Will Support Future Upside Potential

Analysts have trimmed their price target for Reliance Worldwide by A$0.01 to A$4.31. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations.
Narrative Update Mar 18

RWC: Expanded Buyback Authority Will Support Future Upside Potential

Analysts have inched up their fair value estimate for Reliance Worldwide to A$4.32 from A$4.28, reflecting updated assumptions around revenue growth, profit margins and the future P/E multiple. What's in the News The board authorizes a share repurchase program with plans to buy back up to A$15.3 million of shares, valid until 26 February 2027, with 766,432,961 shares on issue at the time of approval on 17 February 2026 (Key Developments).
New Narrative Mar 05

Tariff And Copper Pressures Will Persist But Long Term Housing Demand Will Support Progress

Catalysts About Reliance Worldwide Reliance Worldwide supplies plumbing and water control products across repair and remodel, new residential construction and commercial projects in key regions including the Americas, EMEA and Asia Pacific. What are the underlying business or industry changes driving this perspective?
Narrative Update Mar 04

RWC: Share Buyback And New Facilities Will Support Future Upside Potential

Analysts have slightly trimmed their price target for Reliance Worldwide to reflect a small adjustment in fair value and P/E assumptions, while also acknowledging modestly stronger profit margin expectations and a softer revenue growth outlook. What's in the News Opened a new Dallas Distribution Center in Mesquite, Texas, adding capacity and flexibility intended to improve service consistency, speed, and efficiency for customers (Business Expansions).
New Narrative Feb 19

Tariff Mitigation And Manufacturing Shift Will Support Stronger Long Term Earnings Resilience

Catalysts About Reliance Worldwide Reliance Worldwide designs and manufactures plumbing and water control products for residential and commercial buildings across the Americas, APAC and EMEA. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 18

RWC: Share Buyback And Dividend Policy Will Support Future Upside Potential

Analysts have reduced their price target for Reliance Worldwide by around A$0.54, reflecting updated assumptions that include a slightly higher discount rate, a modest adjustment to profit margins and a small change in the future P/E multiple. What's in the News The board authorized a share buyback plan on 17 February 2026, indicating approval for the company to repurchase its own shares over time (company announcement).
Analysis Article Nov 24

Reliance Worldwide Corporation Limited (ASX:RWC) Shares Could Be 38% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Reliance Worldwide is AU$6.63 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Nov 05

Should You Investigate Reliance Worldwide Corporation Limited (ASX:RWC) At AU$3.96?

Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it received a lot of...
Analysis Article Oct 24

Lacklustre Performance Is Driving Reliance Worldwide Corporation Limited's (ASX:RWC) Low P/E

Reliance Worldwide Corporation Limited's ( ASX:RWC ) price-to-earnings (or "P/E") ratio of 16.5x might make it look...
Analysis Article Sep 04

Here's What To Make Of Reliance Worldwide's (ASX:RWC) Decelerating Rates Of Return

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Analysis Article Aug 20

Reliance Worldwide (ASX:RWC) Seems To Use Debt Quite Sensibly

ASX:RWC 1 Year Share Price vs Fair Value Explore Reliance Worldwide's Fair Values from the Community and select yours...
Narrative Update Aug 20

Integration With Holman And SharkBite Rollout To Unlock Future Opportunities

The consensus price target for Reliance Worldwide has been lowered to A$4.86, primarily reflecting reduced revenue growth forecasts and a substantial rise in its forward P/E multiple. What's in the News Board authorized a share buyback plan.
Analysis Article Jul 23

Getting In Cheap On Reliance Worldwide Corporation Limited (ASX:RWC) Might Be Difficult

There wouldn't be many who think Reliance Worldwide Corporation Limited's ( ASX:RWC ) price-to-earnings (or "P/E...
Analysis Article Jun 18

Is Now An Opportune Moment To Examine Reliance Worldwide Corporation Limited (ASX:RWC)?

Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it saw a double-digit...
Analysis Article May 22

Are Investors Undervaluing Reliance Worldwide Corporation Limited (ASX:RWC) By 27%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Reliance Worldwide fair value estimate is AU$6.11 Reliance...
Analysis Article Apr 28

Is Reliance Worldwide (ASX:RWC) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 31

Slowing Rates Of Return At Reliance Worldwide (ASX:RWC) Leave Little Room For Excitement

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Mar 16

Investors Still Waiting For A Pull Back In Reliance Worldwide Corporation Limited (ASX:RWC)

With a median price-to-earnings (or "P/E") ratio of close to 18x in Australia, you could be forgiven for feeling...
Analysis Article Feb 26

Reliance Worldwide's (ASX:RWC) Upcoming Dividend Will Be Larger Than Last Year's

Reliance Worldwide Corporation Limited ( ASX:RWC ) has announced that it will be increasing its dividend from last...
User avatar
New Narrative Feb 20

Integration With Holman And SharkBite Rollout To Unlock Future Opportunities

Successful integration and supply chain improvements aim to boost revenue, margins, and operational efficiency.
Analysis Article Jan 16

Is It Time To Consider Buying Reliance Worldwide Corporation Limited (ASX:RWC)?

Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it received a lot of...
Analysis Article Dec 27

Reliance Worldwide Corporation Limited (ASX:RWC) Shares Could Be 27% Below Their Intrinsic Value Estimate

Key Insights Reliance Worldwide's estimated fair value is AU$7.06 based on 2 Stage Free Cash Flow to Equity Reliance...
Analysis Article Dec 11

Here's Why Reliance Worldwide (ASX:RWC) Can Manage Its Debt Responsibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 28

Reliance Worldwide (ASX:RWC) Has Some Way To Go To Become A Multi-Bagger

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Analysis Article Oct 29

What You Can Learn From Reliance Worldwide Corporation Limited's (ASX:RWC) P/E

When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") below 19x, you may consider...
Analysis Article Sep 11

Here's Why Reliance Worldwide (ASX:RWC) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Aug 24

Reliance Worldwide (ASX:RWC) Has Announced A Dividend Of $0.0378

Reliance Worldwide Corporation Limited's ( ASX:RWC ) investors are due to receive a payment of $0.0378 per share on 4th...
Analysis Article Jul 23

Reliance Worldwide (ASX:RWC) Is Doing The Right Things To Multiply Its Share Price

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article Jul 05

Is Reliance Worldwide Corporation Limited (ASX:RWC) Potentially Undervalued?

Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it saw significant share...
Analysis Article Jun 06

Reliance Worldwide Corporation Limited's (ASX:RWC) P/E Is On The Mark

With a median price-to-earnings (or "P/E") ratio of close to 19x in Australia, you could be forgiven for feeling...
Analysis Article May 21

Is There An Opportunity With Reliance Worldwide Corporation Limited's (ASX:RWC) 38% Undervaluation?

Key Insights The projected fair value for Reliance Worldwide is AU$7.85 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Apr 06

Returns On Capital Are Showing Encouraging Signs At Reliance Worldwide (ASX:RWC)

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Analysis Article Mar 23

Should You Investigate Reliance Worldwide Corporation Limited (ASX:RWC) At AU$5.77?

Reliance Worldwide Corporation Limited ( ASX:RWC ), might not be a large cap stock, but it received a lot of attention...
Analysis Article Mar 09

We Think Reliance Worldwide (ASX:RWC) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 24

Investors Appear Satisfied With Reliance Worldwide Corporation Limited's (ASX:RWC) Prospects As Shares Rocket 26%

Reliance Worldwide Corporation Limited ( ASX:RWC ) shares have continued their recent momentum with a 26% gain in the...
Analysis Article Feb 21

Reliance Worldwide (ASX:RWC) Has Announced That Its Dividend Will Be Reduced To $0.0346

Reliance Worldwide Corporation Limited's ( ASX:RWC ) dividend is being reduced from last year's payment covering the...
Analysis Article Jan 03

Reliance Worldwide Corporation Limited (ASX:RWC) Looks Inexpensive But Perhaps Not Attractive Enough

When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") above 19x, you may consider...
Analysis Article Dec 14

We Like These Underlying Return On Capital Trends At Reliance Worldwide (ASX:RWC)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article Nov 29

Is Reliance Worldwide Corporation Limited (ASX:RWC) Potentially Undervalued?

Reliance Worldwide Corporation Limited ( ASX:RWC ), is not the largest company out there, but it saw significant share...
Analysis Article Nov 02

Reliance Worldwide Corporation Limited's (ASX:RWC) Intrinsic Value Is Potentially 67% Above Its Share Price

Key Insights Reliance Worldwide's estimated fair value is AU$6.02 based on 2 Stage Free Cash Flow to Equity Reliance...
Analysis Article Sep 28

These 4 Measures Indicate That Reliance Worldwide (ASX:RWC) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 12

Returns At Reliance Worldwide (ASX:RWC) Are On The Way Up

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Analysis Article Aug 28

Reliance Worldwide (ASX:RWC) Will Pay A Dividend Of $0.0775

Reliance Worldwide Corporation Limited ( ASX:RWC ) will pay a dividend of $0.0775 on the 6th of October. This makes the...
Analysis Article Aug 09

At AU$4.32, Is Reliance Worldwide Corporation Limited (ASX:RWC) Worth Looking At Closely?

While Reliance Worldwide Corporation Limited ( ASX:RWC ) might not be the most widely known stock at the moment, it saw...
Analysis Article Jun 15

Calculating The Intrinsic Value Of Reliance Worldwide Corporation Limited (ASX:RWC)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Reliance Worldwide fair value estimate is AU$3.88 With AU$4.08...
Analysis Article Jun 01

These 4 Measures Indicate That Reliance Worldwide (ASX:RWC) Is Using Debt Reasonably Well

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 13

Reliance Worldwide (ASX:RWC) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Mar 28

At AU$3.53, Is It Time To Put Reliance Worldwide Corporation Limited (ASX:RWC) On Your Watch List?

Reliance Worldwide Corporation Limited ( ASX:RWC ), might not be a large cap stock, but it saw a significant share...
Analysis Article Mar 13

Reliance Worldwide Corporation Limited's (ASX:RWC) Intrinsic Value Is Potentially 36% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Reliance Worldwide fair value estimate is AU$4.63 Current...

Shareholder Returns

RWCAU BuildingAU Market
7D0.3%-1.1%0.8%
1Y-27.2%-14.8%2.3%

Return vs Industry: RWC underperformed the Australian Building industry which returned -14.8% over the past year.

Return vs Market: RWC underperformed the Australian Market which returned 2.3% over the past year.

Price Volatility

Is RWC's price volatile compared to industry and market?
RWC volatility
RWC Average Weekly Movement5.4%
Building Industry Average Movement5.9%
Market Average Movement10.2%
10% most volatile stocks in AU Market17.5%
10% least volatile stocks in AU Market4.1%

Stable Share Price: RWC has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: RWC's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19492,526Heath Sharpwww.rwc.com

Reliance Worldwide Corporation Limited, together with its subsidiaries, engages in the design, manufacture, and supply of water flow, control, and monitoring products and solutions for the plumbing and heating industries. It offers a range of brass fittings; fitting systems, including push to connect, expansion, crimp, and clamp fittings; pipes; tubing, pipe connections, and other fluid control products; and plumbing valves and supplies. The company also delivers water supply lines, drain hoses, and installation kits; and provides waste and vent solutions, stormwater fittings, and PVC pressure fittings, as well as hose systems, timers, and garden and irrigation products.

Reliance Worldwide Corporation Limited Fundamentals Summary

How do Reliance Worldwide's earnings and revenue compare to its market cap?
RWC fundamental statistics
Market capAU$2.39b
Earnings (TTM)AU$142.40m
Revenue (TTM)AU$1.80b
16.5x
P/E Ratio
1.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RWC income statement (TTM)
RevenueUS$1.28b
Cost of RevenueUS$809.58m
Gross ProfitUS$473.96m
Other ExpensesUS$372.44m
EarningsUS$101.53m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 18, 2026

Earnings per share (EPS)0.14
Gross Margin36.93%
Net Profit Margin7.91%
Debt/Equity Ratio24.2%

How did RWC perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
34%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 20:35
End of Day Share Price 2026/06/04 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Reliance Worldwide Corporation Limited is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas McGarrigleBarrenjoey Markets Pty Limited
Brook Campbell-CrawfordBarrenjoey Markets Pty Limited
Benjamin BrayshawBarrenjoey Markets Pty Limited