Reliance Worldwide H1 2026 Preview Margin Decline Tests Bullish Recovery Narratives

Simply Wall St.

Feb 17

Reliance Worldwide (ASX:RWC) has opened H1 2026 reporting with investors focused on how its latest half stacks up against a recent stretch of softer earnings, with the most recent full half year on ...

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2612275454"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2612275454\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2612275454?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/3031000-choice1-main-header/1585186785126","is_english":true,"pubTime":"2026-02-17 19:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2612275454","market":"sg","top_or_hot":-1,"title":"Reliance Worldwide H1 2026 Preview Margin Decline Tests Bullish Recovery Narratives","media":"Simply Wall St.","content":"<div>\n<p>Reliance Worldwide (ASX:RWC) has opened H1 2026 reporting with investors focused on how its latest half stacks up against a recent stretch of softer earnings, with the most recent full half year on ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/capital-goods/asx-rwc/reliance-worldwide-shares/news/reliance-worldwide-h1-2026-preview-margin-decline-tests-bull\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReliance Worldwide H1 2026 Preview Margin Decline Tests Bullish Recovery Narratives\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-17 19:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/au/capital-goods/asx-rwc/reliance-worldwide-shares/news/reliance-worldwide-h1-2026-preview-margin-decline-tests-bull><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Reliance Worldwide (ASX:RWC) has opened H1 2026 reporting with investors focused on how its latest half stacks up against a recent stretch of softer earnings, with the most recent full half year on ...</p>\n\n<a href=\"https://simplywall.st/stocks/au/capital-goods/asx-rwc/reliance-worldwide-shares/news/reliance-worldwide-h1-2026-preview-margin-decline-tests-bull\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4112","symbol_name":"金融交易所和数据","start_time":0,"source_url":"https://simplywall.st/stocks/au/capital-goods/asx-rwc/reliance-worldwide-shares/news/reliance-worldwide-h1-2026-preview-margin-decline-tests-bull","article_id":"2612275454","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/3031000-choice1-main-header/1585186785126"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/au/capital-goods/asx-rwc/reliance-worldwide-shares/news/reliance-worldwide-h1-2026-preview-margin-decline-tests-bull","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2612275454","pubTimestamp":1771327122,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Reliance Worldwide (ASX:RWC) has opened H1 2026 reporting with investors focused on how its latest half stacks up against a recent stretch of softer earnings, with the most recent full half year on record showing revenue of US$638.2 million and basic EPS of US$0.074 in H2 2025, compared with US$656.2 million and US$0.075 in H2 2024. Over the past three reported halves, revenue has moved from US$656.2 million in H2 2024 to US$676.5 million in H1 2025 and then to US$638.2 million in H2 2025,...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4112":"金融交易所和数据","RWC.AU":"RELIANCE WORLDWIDE CORP LTD","BK7012":"建筑产品","BLSX":"Tradr 2X Long BLSH Daily ETF","BLSG":"2倍做多BLSH ETF-Leverage Shares"},"translate_title":"Reliance Worldwide 2026年上半年预览利润率下降考验看涨复苏叙事","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RWC.AU":1.96,"BLSX":0.6,"BLSG":0.6},"content_text":"Reliance Worldwide (ASX:RWC) has opened H1 2026 reporting with investors focused on how its latest half stacks up against a recent stretch of softer earnings, with the most recent full half year on record showing revenue of US$638.2 million and basic EPS of US$0.074 in H2 2025, compared with US$656.2 million and US$0.075 in H2 2024. Over the past three reported halves, revenue has moved from US$656.2 million in H2 2024 to US$676.5 million in H1 2025 and then to US$638.2 million in H2 2025, while basic EPS shifted from US$0.075 to US$0.086 and then to US$0.074. This sets a mixed backdrop for the current release. With net profit margins over the last year lower than the prior year and forecasts pointing to revenue and EPS growth ahead, the latest numbers put the spotlight squarely on how reliably the business can convert sales into profit. See our full analysis for Reliance Worldwide. With the headline figures in place, the next step is to see how these results line up with the market’s main narratives about Reliance Worldwide, and where the numbers start to challenge those stories. See what the community is saying about Reliance Worldwide ASX:RWC Earnings & Revenue History as at Feb 2026 AdvertisementMargins Slip From 9.5% To 7.9%  Over the last 12 months, net profit margin was 7.9%, compared with 9.5% a year earlier, while trailing 12 month net income was US$101.5 million on US$1.3b of revenue. Critics highlight that five year earnings have declined about 2.5% per year and see the lower 7.9% margin as backing a bearish view that profit pressure could linger.\n     The margin shift from 9.5% to 7.9% sits alongside trailing 12 month EPS of US$0.131445, down from prior trailing figures of about US$0.160 to US$0.161. Bears point to this as evidence of weaker recent profitability. At the same time, the most recent half year snapshots show net income moving between US$57.8 million and US$67.2 million across the last three halves. Skeptics see this as a sign that earnings power has not yet settled into a clearly stronger range.    Gain more context on why some investors are cautious about these margin trends and where they think pressure could persist. 🐻 Reliance Worldwide Bear Case P/E Of 18.6x Versus Peers At 42.1x  The stock trades on a trailing P/E of 18.6x, compared with a peer average of 42.1x and a Global Building industry average of 20.4x, while the current share price is A$3.50. Consensus narrative notes that forecasts for about 17.5% annual earnings growth and 6.5% annual revenue growth sit next to this lower P/E. This supports a more bullish angle that expectations may be conservative.\n     Analysts referencing those 17.5% and 6.5% growth forecasts argue that an 18.6x P/E looks restrained against peers on 42.1x, especially if margins recover from the current 7.9% level toward prior 9.5% assumptions. The same consensus view points to an analyst price target of A$4.69 versus the A$3.50 market price, which, if met, would imply a meaningful uplift without requiring peer level multiples.    Bulls argue that this valuation gap and the growth forecasts make the current setup more interesting than the headline numbers suggest. 🐂 Reliance Worldwide Bull Case DCF Fair Value A$6.68 Versus A$3.50 Price  The DCF fair value is cited at A$6.68 per share versus the current A$3.50 market price, while analysts collectively point to potential upside toward A$4.69 based on their earnings and margin assumptions. What is striking for the bullish side is how this DCF fair value and the analyst target both sit above the current price even after factoring in the weaker 7.9% net margin and the five year earnings decline of about 2.5% per year.\n     Supporters of the bullish case point out that forecasts assume margins could move from 9.5% to 12.1% over the next few years. If achieved, this would change the trailing 12 month picture of US$101.5 million of net income on US$1.3b of revenue. At the same time, more cautious investors note that the recent trailing revenue line of about US$1.3b and the earnings trend will need to show clear improvement before a DCF fair value of A$6.68 feels fully backed by the financials.    Next Steps To see how these results tie into long-term growth, risks, and valuation, check out the full range of community narratives for Reliance Worldwide on Simply Wall St. Add the company to your watchlist or portfolio so you'll be alerted when the story evolves. If the mix of cautious and optimistic views here feels one sided, move quickly to check the underlying data yourself and weigh the rewards you care about most. Our breakdown of 4 key rewards can help you decide how those positives fit into your own thesis. See What Else Is Out There Reliance Worldwide is working through thinner 7.9% margins, softer recent EPS and earnings, and a P/E that sits below higher priced peers. If margin pressure and uneven earnings leave you wanting more resilient profit stories, take a few minutes to scan our 5 resilient stocks with low risk scores that prioritize companies with steadier risk profiles and potentially more predictable performance.  This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}