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Reliance WorldwideRLLWF 86 Owner Earnings per Share (TTM) is 0.23 as of Jun. 2025, which is 99% below its 10-year median of 15.78. GuruFocus rates RLLWF with a GF Score™ of 86/100 and a GF Value™ of $3.03 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 849 Construction companies, Reliance Worldwide ranks better than 55.71% on this metric.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Reliance Worldwide's Owner Earnings per Share (TTM) ended in Jun. 2025 was $0.23. It's Price-to-Owner-Earnings ratio for today is 10.87.
The historical rank and industry rank for Reliance Worldwide's Owner Earnings per Share (TTM) or its related term are showing as below:
RLLWF'
s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 8.68 Med: 15.78 Max: 84.38
Current: 10.99
Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.
Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.
Reliance Worldwide Owner Earnings per Share (TTM) Related Terms
Reliance Worldwide Owner Earnings per Share (TTM) Historical Data
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The historical data trend for Reliance Worldwide's Owner Earnings per Share (TTM) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Reliance Worldwide Owner Earnings per Share (TTM) Chart
RLLWF vs TT, JCI, CARR: Owner Earnings per Share (TTM) Comparison
For the Building Products & Equipment subindustry, Reliance Worldwide's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Reliance Worldwide Price-to-Owner-Earnings vs Construction Industry
For the Construction industry and Industrials sector, Reliance Worldwide's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Reliance Worldwide's Price-to-Owner-Earnings falls into.
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income.
Reliance Worldwide's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2025 was $0 Mil.
4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = $26 Mil
It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.
The following shows how to get maintenance capital expenditure.
First, calculate the revenue change regarding to the previous year. If the revenue decreased from the previous year, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous year, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.
Reliance Worldwide's 5-Year Average Maintenance Capital Expenditure = $26 Mil
5. "Change In Working Capital" is from cashflow statement. Reliance Worldwide's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2025 was $0 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Owner Earnings per Share (TTM) of 0.23 mean?
Reliance Worldwide (RLLWF) has a Owner Earnings per Share (TTM) of 0.23 as of Jun. 2025. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Reliance Worldwide. This is 99% below median its historical median of 15.78. Over the past decade, Reliance Worldwide's Owner Earnings per Share (TTM) has ranged from 8.68 to 84.38. According to the industry distribution chart, Reliance Worldwide ranks #376 out of 849 companies in the Construction industry, placing it in the top 44.3%.
Is Reliance Worldwide's Owner Earnings per Share (TTM) too high?
Reliance Worldwide's current Owner Earnings per Share (TTM) of 0.23 is 99% below median its 10-year median of 15.78. Over the past 10 years, this metric has ranged from a low of 8.68 to a high of 84.38. The Construction industry median Owner Earnings per Share (TTM) is 13.39. Reliance Worldwide's value of 0.23 is 98.3% below this industry median. Based on the distribution chart, Reliance Worldwide ranks #376 out of 849 companies in the Construction industry, which is above the industry midpoint. Overall, Reliance Worldwide has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Worldwide's Owner Earnings per Share (TTM) compare to TT and JCI?
According to the Construction industry distribution chart, Reliance Worldwide ranks #376 out of 849 companies for Owner Earnings per Share (TTM). This puts Reliance Worldwide in the upper half of its industry. The industry median Owner Earnings per Share (TTM) is 13.39. Reliance Worldwide's value of 0.23 is 98.3% below this benchmark. Historically, Reliance Worldwide's own Owner Earnings per Share (TTM) has ranged from 8.68 to 84.38 over the past decade. While the company's 10-year median is 15.78 vs. the industry median of 13.39, Reliance Worldwide has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Construction company?
The median Owner Earnings per Share (TTM) among Construction companies is 13.39, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reliance Worldwide's current Owner Earnings per Share (TTM) of 0.23 is 98.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Reliance Worldwide. For the Construction industry, the median Owner Earnings per Share (TTM) is 13.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Worldwide's current Owner Earnings per Share (TTM) is 0.23, which is 99% below median its own 10-year median of 15.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Reliance Worldwide (RLLWF) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.03, compared to a current price of $2.50 — trading 17.5% below its estimated fair value. The current Owner Earnings per Share (TTM) is 0.23, which is 99% below median its 10-year median of 15.78 and 98.3% below the Construction industry median of 13.39. Reliance Worldwide's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Reliance Worldwide (RLLWF), the current Owner Earnings per Share (TTM) is 0.23 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Reliance Worldwide (RLLWF) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Worldwide stock appears to be undervalued.
The current stock price of $2.50 is trading 17.5% below its estimated GF Value™ of $3.03.
GuruFocus considers Reliance Worldwide to be Modestly Undervalued.
Key valuation signals for RLLWF:
Owner Earnings per Share (TTM): 0.23 (99% below median its 10-year median of 15.78)
GF Value™: $3.03 vs. price of $2.50 (17.5% below fair value)
Industry Position: 98.3% below the Construction median (#376 of 849)
No single metric tells the full story. See the RLLWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance manufactures behind-the-wall plumbing products, which include fittings, pipes, valves, fluid dispensers, pipe systems, and appliance connectors. Its main segment is the US, which comprises about two-thirds of our midcycle EBITDA estimates. Other segments include EMEA and the Asia-Pacific, which contribute about 15% and 20%, respectively, of our midcycle EBITDA estimates. The firm is best known for its push-to-connect products, including the brands SharkBite in the US and John Guest in the United Kingdom. Reliance's primary target segment is the do-it-yourself market. Smaller sales segments include residential and commercial construction, and hot water system manufacturers, which use some Reliance products in manufacturing.
86GF Score
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Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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