Historical cheapness: current PE is 13.8× versus the full-history median of 9.5× shown in the valuation table, producing 26.9/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 26.6/100. The model applies a 9.4% earnings-growth assumption and a 10% annual return hurdle, with positive credit limited by evidence coverage and confidence.

Forward price scenarios use recent PE history separately. Recent history has a separately weighted median of 13.3× (18-month half-life). The favorable scenario uses 13.6× PE and $6.5 projected EPS, informed by growth, margins and earnings-quality checks. This is a model scenario, not an analyst target. A return to the full-history median is not assumed.

Business trends are mixed. Over the past year: revenue -3.8%, earnings +2.2%, operating margin -3 percentage points. The business score is 40.8/100. Growth, margins and cash generation drive the score. Missing or older data receives less weight.

Stronger earnings and valuation could support a higher share price.

Our favorable case uses $6.46 of EPS and a 13.6× PE, suggesting a share price of about $87.79. Valuation history and outlook inform the PE.

The displayed favorable scenario is 16.5% upside, or about $87.76.

This is a scenario based on our model, not a forecast or probability.

Weaker than expected earnings could put pressure on the share price.

Our downside case uses $4.64 of EPS and a 12.1× PE, suggesting a share price of about $56.18 — 25% below today’s price. Valuation history and outlook inform the PE.

This is a scenario based on our model, not a forecast or probability.