Tag Archives: RRX

Regal Rexnord (RRX), mcap=$9.2bn, price $137 vs $114

Synergy targets from the recent merger are conservative and this merger will prove to be an incredible transaction.
Cheap at 11.5x EPS of recently increased FY22 guidance with unlevered balance sheet – that’s prior to the full realization of guided merger synergies.
Strong position with mission-critical products that represent only a small cost portion for customers.