Reliance Worldwide Corp Ltd
RWC: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| A$4.50 | Pwrpr | Bylhyryl |
North American Restructure Should Create a Better Business in the Long Run
Business Strategy and Outlook
Reliance Worldwide is a leading plumbing supplies company, producing push-to-connect fittings, pipes, valves, fluid dispensers, appliance connectors, and other specialist plumbing products. Reliance Worldwide manufactures and distributes its plumbing products under the brands including SharkBite, John Guest, HoldRite, EZ-Flo, Eastman, and Cash Acme. Its biggest geographic exposure is in North America which accounts for 60% of earnings, followed by Europe at around 35% and Asia-Pacific at 10%.