Reliance Worldwide Corporation Limited chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 1.50
Dividend & Yield0.13$ (3.28%)
Beta 1.03
Market capitalization 3.22B
Operating cash flow 89.28M
ESG Scores unknown

Company description

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 push-to-connect plumbing fittings for the installation and repair of water reticulation systems; crimp fittings, expansion fittings, and accessories; coiled and straight length tubing; polybutylene pipe for domestic water and central heating systems; LLDPE tubing for fluid control applications; and rigid nylon and aluminum piping for air and pneumatic systems. The company also provides temperature and pressure relief, pressure regulation, and thermostatic mixing valves; push-to-connect technologies for drink dispense, pure water, air and pneumatics, blown fiber, automotive, and OEM solutions; and plumbing and mechanical solutions that support the delivery of water and firestop solutions. In addition, it offers other products, such as backflow preventers, expansion vessels, underfloor heating components and kit systems, water meters, and water mains connection fittings, repair sleeves, as well as appliance, and water and gas connectors. The company provides its products under the SharkBite, JG Speedfit, HoldRite, CashAcme, Reliance Valves, MultiSafe, and John Guest brands. It 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.

Sector: Industrials - Industry: Building Products & Equipment

Financial Ratios
Quick Ratio1.16
Working Capital0.61
Return On Equity0.12
Debt To Equity0.13
Fixed Asset Ratio0.17
Fixed Interest Cover24

Financial data

Financial Statements

Cashflow Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Change To Liabilities -36.91M 38.02M 48.96M -15.21M
Total Cashflows From Investing Activities -69.32M -38.49M -35.22M -412.97M
Net Borrowings -186.33M -137M -127.43M 418.35M
Total Cash From Financing Activities -271.18M -190.2M -208.75M 332.41M
Change To Operating Activities 2.91M 13.8M -1.41M -13.45M
Issuance Of Stock
Net Income 133.02M 89.44M 140.97M 137.44M
Change In Cash -205.05M 12.89M -35.32M 6.36M
Effect Of Exchange Rate -584k 731k 3.29M -2.36M
Total Cash From Operating Activities 136.03M 240.84M 205.36M 89.28M
Depreciation 43.37M 62.03M 42.05M 47.21M
Change To Account Receivables -27.35M -26.85M -29.35M -26.45M
Other Cashflows From Financing Activities -22.47M -14.06M -5.21M -8.4M
Change To Netincome 31.57M 41.83M 19.18M 20.11M
Capital Expenditures -52.2M -28.05M -35.37M -59.12M

Income Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Research Development 18.94M 25.92M 12.02M 11.31M
Income Before Tax 176.74M 135.87M 203.35M 195.84M
Net Income 133.02M 89.44M 140.97M 137.44M
Selling General Administrative 253.22M 275.6M 207.88M 242.15M
Gross Profit 465.44M 477.27M 440.99M 460.56M
Ebit 199.16M 174.76M 218.84M 211.68M
Operating Income 199.16M 174.76M 218.84M 211.68M
Interest Expense -22.76M -20.68M -9.11M -15.85M
Income Tax Expense 43.72M 46.43M 62.38M 58.4M
Total Revenue 1.1B 1.16B 1B 1.17B
Cost Of Revenue 638.52M 685.14M 560.57M 711.6M
Total Other Income ExpenseNet -22.42M -38.9M -15.48M -15.84M
Net Income From Continuing Ops 133.02M 89.44M 140.97M 137.44M
Net Income Applicable To Common Shares 133.02M 89.44M 140.97M 137.44M

Balance Sheet Statement 2019-06-30 2020-06-30 2021-06-30 2022-06-30
Total Liabilities 669.86M 794.04M 481.86M 955.39M
Total Stockholder Equity 1.41B 1.42B 1.19B 1.13B
Other Current Liabilities 72.94M 133.53M 33.66M 30.73M
Total Assets 2.08B 2.21B 1.67B 2.09B
Common Stock 2.33B 2.33B 1.74B 1.74B
Other Current Assets 12.18M 16.07M 11.85M 26.49M
Retained Earnings 158.43M 173.19M 228.45M 294.03M
Treasury Stock -1.08B -1.08B -774.2M -902.29M
Cash 69.28M 82.17M 21.32M 27.68M
Total Current Liabilities 143.59M 241.24M 223.85M 200.75M
Other Stockholder Equity -1.08B -1.08B -774.2M -902.29M
Property, Plant, and Equipment 289.49M 364.93M 267.37M 333.81M
Total Current Assets 542.81M 586.56M 454.62M 645.45M
Net Tangible Assets 177.81M 196.48M 265.88M 49.58M
Net Receivables 232.26M 272.88M 226.32M 275.75M
Accounts Payable 63.18M 75.71M 84.47M 81.45M


Insider Transactions

Here are the insider transactions of stock shares related to Reliance Worldwide Corporation Limited:

Filer Name Transaction Text Ownership Date Filer Relation Shares
McCrohan (Sharon)Purchase at price 2.66 per share.D2022-06-21Independent Non-Executive Director30k
Rowden (Ian B)Purchase at price 3.12 per share.D2022-03-25Independent Non-Executive Director5k
Sharp (Heath)Other at price 4.45 per share.D2021-12-17Chief Executive Officer31.5k
Rowden (Ian B)Purchase at price 4.40 per share.D2021-11-02Independent Non-Executive Director3.5k
Bartlett (Christine Nildra)Purchase at price 4.39 per share.D2021-11-01Independent Non-Executive Director10k
Knight (Darlene)Purchase at price 4.39 per share.D2021-11-01Director (Independent)10k
Sharp (Heath)Other at price 4.17 per share.D2021-09-08Chief Executive Officer179.53k
Rowden (Ian B)Purchase at price 4.07 per share.D2021-08-24Independent Non-Executive Director3.5k
Rowden (Ian B)Purchase at price 3.61 per share.D2021-02-23Independent Non-Executive Director7k
Sharp (Heath)Other at price 2.69 per share.D2020-09-08Chief Executive Officer71.33k
Chenu (Russell)Other at price 3.09 per share.D2018-06-22Director (Independent)55.22k
Dobinson (Ross)Other at price 3.09 per share.D2018-06-22Director (Independent)12.46k
Crosby (William Stuart)Other at price 3.09 per share.D2018-06-22Director (Independent)50.51k
Sharp (Heath)Other at price 3.16 per share.D2018-06-05Chief Executive Officer404.04k
Chenu (Russell)Purchase at price 2.90 per share.D2017-09-12Director (Independent)40k
Chenu (Russell)Purchase at price 2.29 per share.D2016-09-02Director (Independent)20k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Reliance Worldwide Corporation Limited. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Reliance Worldwide Corporation Limited

Here is the result of two systematic investment strategies applied to Reliance Worldwide Corporation Limited. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Reliance Worldwide Corporation Limited

The following chart shows the equity curve of the two systematic investment strategies applied to Reliance Worldwide Corporation Limited:

Reliance Worldwide Corporation Limited automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 20.48% on the backtest period.

Performance at glance

Performance

20.48 %

Latent gain

460.68 $

Invested capital

2249.7 $

Annualized return

5.0 %
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Momentum strategy results on Reliance Worldwide Corporation Limited

This is the result of two momentum investment strategies applied to Reliance Worldwide Corporation Limited. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Reliance Worldwide Corporation Limited

The following chart shows all the entries opened by the momentum investment system on Reliance Worldwide Corporation Limited:

Reliance Worldwide Corporation Limited momentum entries
  • The first momentum investment strategy would give 22.86% of return on Reliance Worldwide Corporation Limited. That represents 1143.01$ of latent gain with 4999.61$ of employed capital.
  • The second momentum investment strategy would give 20.49% of return on Reliance Worldwide Corporation Limited. That represents 410.73$ of latent gain with 2004.55$ of employed capital.
Performance at glance (1Q Momentum)

Performance

22.86 %

Latent gain

1143.01 $

Invested capital

4999.61 $

Annualized return

11.61 %
Performance at glance (2Q Momentum)

Performance

20.49 %

Latent gain

410.73 $

Invested capital

2004.55 $

Annualized return

5.66 %

Momentum equity curve on Reliance Worldwide Corporation Limited

The following chart shows the equity curve of the two momentum strategies applied to Reliance Worldwide Corporation Limited:

Reliance Worldwide Corporation Limited momentum equity

Note: the dividends potentially given by Reliance Worldwide Corporation Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Reliance Worldwide Corporation Limited

The following chart shows the employed capital evolution of the two momentum strategies on Reliance Worldwide Corporation Limited since the beginning:

Reliance Worldwide Corporation Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Reliance Worldwide Corporation Limited

Buy the dip entry openings on Reliance Worldwide Corporation Limited

Reliance Worldwide Corporation Limited

The performance achieved by the robo-advisor on Reliance Worldwide Corporation Limited is 24.39%. That represents 304.47$ of latent gain with 1248.21$ of employed capital. The following chart shows Reliance Worldwide Corporation Limited stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Reliance Worldwide Corporation Limited, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

24.39 %

Latent gain

304.47 $

Invested capital

1248.21 $

Annualized return

11.61 %

Equity curve of the strategy applied to Reliance Worldwide Corporation Limited

The following chart shows the result of the investment strategy applied to Reliance Worldwide Corporation Limited:

Reliance Worldwide Corporation Limited

Note: the dividends potentially given by Reliance Worldwide Corporation Limited are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Reliance Worldwide Corporation Limited

The following chart shows the employed capital evolution since the beginning of the investment strategy on Reliance Worldwide Corporation Limited:

Reliance Worldwide Corporation Limited

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Reliance Worldwide Corporation Limited

In this section, I will compare the three previous investment strategies applied to Reliance Worldwide Corporation Limited.

Equity curve comparison on Reliance Worldwide Corporation Limited

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Reliance Worldwide Corporation Limited investment strategy comparison

Employed capital comparison on Reliance Worldwide Corporation Limited

Reliance Worldwide Corporation Limited investment comparison

Performance comparison on Reliance Worldwide Corporation Limited

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 20.48% 460.68$ 2249.7$ 5.0%
Momentum 1 quarter 22.86% 1143.01$ 4999.61$ 5.92%
Momentum 2 quarters 20.49% 410.73$ 2004.55$ 5.66%
Non-directional 24.39% 304.47$ 1248.21$ 11.61%
Annualized return comparison

Automatic investment

5.0 %

Momentum 1Q

5.66 %

Momentum 2Q

5.66 %

Non-directional

11.61 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Reliance Worldwide Corporation Limited:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Reliance Worldwide Corporation Limited and the other stocks. There may be false positives or some missing correlated stocks. If the price of Reliance Worldwide Corporation Limited does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Reliance Worldwide Corporation Limited
Country United States
City Atlanta
Address 2300 Defoor Hills Road NW
Phone
Website www.rwc.com
FullTime employees
Industry Building Products & Equipment
Sector Industrials
Exchange XASX
Ticker RWC.XASX
Market www2.asx.com.au

Reliance Worldwide Corporation Limited ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown