Report
Tim Mann
EUR 147.86 For Business Accounts Only

Reliance is a high-quality plumbing supplies company with a dominant brand in PTC.

Reliance Worldwide is a leader in the design, manufacture and supply of premium branded, high-quality water flow and control products and solutions for the plumbing industry. Net sales generated from outside Australia in 2016 represented around 75% of group sales, with the U.S. now the largest and fastest growing operating region accounting for around 60% of group sales. We estimate that SharkBite-branded PTC fittings account for around 40% of earnings, with commodity-like plumbing products acco...
Underlying
Reliance Worldwide Corp. Ltd.

Reliance Worldwide Corporation is a limited liability company. Co. is principally engaged in the design, manufacture and supply of high quality, reliable and premium branded water flow and control products and solutions for the plumbing industry. Co. manufacturers brass Push-to Connect (PTC) plumbing fittings, sold under the SharkBite brand. Co. operates through the following four product segments: Fittings and Pipe, Control Valves, Thermostatic Products and Other Products. Co. has 12 manufacturing facilities across Australia, New Zealand, the United States of America and Spain.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tim Mann

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