RELIANCE WORLDWIDE CORP. LIMITED (RWC)
Share Price Analysis and Chart

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RWC - RELIANCE WORLDWIDE CORP. LIMITED

FNArena Sector : Building Products & Services
Year End: June
GICS Industry Group : Capital Goods
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Reliance Worldwide is a global manufacturer and supplier of water control systems and plumbing solutions for domestic and industrial use. The company publicly listed in 2016 and has expanded into the UK and Europe since.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$3.06

05 Dec
2022

-0.010

OPEN

$3.08

-0.33%

HIGH

$3.09

3,505,075

LOW

$3.01

TARGET
$3.839 25.4% upside
Franking for last dividend paid out: 10%
OTHER COMPANIES IN THE SAME SECTOR
ABC . BKW . BLD . CSR . JHX . WGN . FBR . MGH . SFC . ACF . FBU . ITG . JLG . SRG . BRI .
FNARENA'S MARKET CONSENSUS FORECASTS
RWC: 1
Title FY23
Forecast		 FY24
Forecast
EPS (cps) 24.9 xxx
DPS (cps) 12.4 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 12.3 xxx
Dividend Yield 4.1% xxx
Div Pay Ratio(%) 49.8% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 3.41%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.37

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 08/09 - ex-div 7.14c (franking 10%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2022 FactSet UK Limited. All rights reserved
Title 201720182019202020212022
EPS Basic xxxxxxxxxxxxxxx24.2
DPS All xxxxxxxxxxxxxxx13.4
Sales/Revenue xxxxxxxxxxxxxxx1,616.3 M
Book Value Per Share xxxxxxxxxxxxxxx209.9
Net Operating Cash Flow xxxxxxxxxxxxxxx111.5 M
Net Profit Margin xxxxxxxxxxxxxxx11.73 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201720182019202020212022
Return on Capital Employed xxxxxxxxxxxxxxx11.72 %
Return on Invested Capital xxxxxxxxxxxxxxx8.43 %
Return on Assets xxxxxxxxxxxxxxx7.20 %
Return on Equity xxxxxxxxxxxxxxx11.72 %
Return on Total Capital xxxxxxxxxxxxxxx12.55 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-75.9 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.4

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Credit Suisse

26/10/2022

1

Outperform

$3.90

27.45%

Despite substantial 1Q margin compression, Credit Suisse retains its Outperform rating for Reliance Worldwide, believing margin potential more than offsets moderate volume risk. Sales were in line with the broker's forecast.

Management expects a recovery from the fall of -520bps in earnings (EBITDA) margin in the 1Q. The broker points out the margin comparison to the previous corresponding period is a little unfair, given the 1Q of FY22 was the best quarter of that financial year.

Credit Suisse lowers its FY23 and FY24 profit forecasts by -15% and -14%, respectively, and the target falls to $3.90 from $5.00.

FORECAST
Credit Suisse forecasts a full year FY23 dividend of 11.67 cents and EPS of 25.80 cents.
Credit Suisse forecasts a full year FY24 dividend of 11.95 cents and EPS of 26.41 cents.

Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Citi

xx/xx/xxxx

5

xxxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >

RWC STOCK CHART

FNArena News on RWC

1
Rudi’s View: More Choice For Income Hunters

Nov 10 2022 - Rudi's View
2
Australian Broker Call *Extra* Edition – Nov 04, 2022

Nov 04 2022 - Daily Market Reports
3
Rudi’s View: Technology’s Moment Of Truth

Nov 03 2022 - Rudi's View
4
Over-Reliance?

Oct 26 2022 - Australia
5
Rudi’s View: Corporate Profits Will Show The Way

Oct 13 2022 - Rudi's View

Latest Building Products & Services News

1
Fletcher Building Too Cautious, Too Cheap

Nov 30 2022 - Australia
2
CSR Excels Amid Housing & Inflation Uncertainty

Nov 08 2022 - Australia
3
Over-Reliance?

Oct 26 2022 - Australia
4
Brickworks Builds On Property Benefits

Sep 27 2022 - Small Caps
5
Maas Group Very Confident About Growth Outlook

Aug 24 2022 - Small Caps
6
James Hardie: Price Rises Help Offset Higher Costs

Aug 18 2022 - Australia
7
Relief In Sight For James Hardie

Jul 05 2022 - Technicals
8
Diversification And Regional Strengths Power Maas

Jun 15 2022 - Australia
9
James Hardie Partly Shielded From Housing Downturn

May 19 2022 - Australia
10
Treasure Chest: Too Soon For Reliance Worldwide

Apr 06 2022 - Treasure Chest