How to buy Reliance Worldwide Corporation (RWC) shares in Australia
Learn how to easily invest in Reliance Worldwide Corporation shares.
Reliance Worldwide Corporation is a building products & equipment business based in Australia. Reliance Worldwide Corporation shares (RWC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Reliance Worldwide Corporation has a trailing 12-month revenue of around $1.2 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Reliance Worldwide Corporation
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Reliance Worldwide Corporation. Find the share by name or ticker symbol: RWC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Reliance Worldwide Corporation reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Reliance Worldwide Corporation. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
What's in this guide?
- Reliance Worldwide Corporation key stats
- Compare share trading platforms
- Is Reliance Worldwide Corporation stock a buy or sell?
- Reliance Worldwide Corporation performance over time
- Are Reliance Worldwide Corporation shares over-valued?
- Reliance Worldwide Corporation's financials
- How volatile are Reliance Worldwide Corporation shares?
- Does Reliance Worldwide Corporation pay a dividend?
- Other common questions
Reliance Worldwide Corporation stock price (ASX:RWC)Use our graph to track the performance of RWC stocks over time.
Reliance Worldwide Corporation shares at a glance
|52-week range||$2.6969 - $4.2958|
|50-day moving average||$3.7178|
|200-day moving average||$3.8979|
|Dividend yield||$0.095 (3.6%)|
|Earnings per share (TTM)||$0.3|
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Is it a good time to buy Reliance Worldwide Corporation stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Reliance Worldwide Corporation price performance over time
|1 week (2023-12-01)||0.77%|
|1 month (2023-11-09)||1.56%|
|3 months (2023-09-08)||0.26%|
|6 months (2023-06-09)||-1.76%|
|1 year (2022-12-09)||32.09%|
|2 years (2021-12-09)||-39.38%|
|3 years (2020-12-09)||-6.01%|
|5 years (2018-12-07)||-14.25%|
Is Reliance Worldwide Corporation under- or over-valued?
Valuing Reliance Worldwide Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Reliance Worldwide Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Reliance Worldwide Corporation's P/E ratio
Reliance Worldwide Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Reliance Worldwide Corporation shares trade at around 15x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Reliance Worldwide Corporation's EBITDA
Reliance Worldwide Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $251.6 million (£0.0 million).
The EBITDA is a measure of a Reliance Worldwide Corporation's overall financial performance and is widely used to measure stock profitability.
Reliance Worldwide Corporation financials
|Revenue TTM||$1.2 billion|
|Operating margin TTM||17.47%|
|Gross profit TTM||$479.8 million|
|Return on assets TTM||6.38%|
|Return on equity TTM||11.83%|
|Market capitalisation||$3.1 billion|
TTM: trailing 12 months
Reliance Worldwide Corporation share dividends
Dividend payout ratio: 50.89% of net profits
Recently Reliance Worldwide Corporation has paid out, on average, around 50.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.6% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Reliance Worldwide Corporation shareholders could enjoy a 3.6% return on their shares, in the form of dividend payments. In Reliance Worldwide Corporation's case, that would currently equate to about A$0.095 per share.
Reliance Worldwide Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 7 September 2023 (the "ex-dividend date").
Reliance Worldwide Corporation share price volatility
Over the last 12 months, Reliance Worldwide Corporation's shares have ranged in value from as little as $2.6969 up to $4.2958. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Reliance Worldwide Corporation's is 1.007. This would suggest that Reliance Worldwide Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).
Reliance Worldwide Corporation overview
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 plumbing and heating industries. It offers plumbing solutions comprising brass and plastic push-to-connect plumbing fittings, other fittings, pipes, valves, and integrated installation solutions; appliance installations solutions, such as fluid tech and appliance installation and repair services; and other products. The company provides its products under the SharkBite, JG Speedfit, HoldRite, CashAcme, Reliance Valves, MultiSafe, and John Guest brands. It distributes its products through retail, wholesale, and original equipment manufacturers (OEMs). The company operates in Australia, New Zealand, Korea, China, the United States, Canada, the United Kingdom, Spain, Italy, Germany, France, the Czech Republic, and Poland. Reliance Worldwide Corporation Limited was founded in 1949 and is headquartered in Atlanta, Georgia.
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Reliance Worldwide Corporation in the news
Reliance Worldwide's (ASX:RWC) one-year earnings growth trails the 35% YoY shareholder returns
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