Reliance Worldwide: Value, or a Value Trap?
We recently researched Reliance Worldwide Corporation (ASX:RWC) in The Dynamic Investor after the release of FY23 results in August. The result was broadly in line with consensus estimates. However, a cautious outlook issued by management has continued to weigh on the shares. Are we now at a point where this is starting to be factored into the share price, or is RWC more likely to be a value trap? About Reliance Worldwide Corporation Reliance Worldwide Corporation is a global designer, …