Historical cheapness: current PE is 14.5× versus the full-history median of 16.6× shown in the valuation table, producing 59.1/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 57/100. The model applies a 6.5% 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 15.8× (18-month half-life). The favorable scenario uses 15.5× PE and $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 strong. Over the past year: revenue +7.1%, earnings +17.4%, operating margin +2.9 percentage points. The business score is 65.3/100. 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 $4.96 of EPS and a 15.5× PE, suggesting a share price of about $77.06. Valuation history and outlook inform the PE.

The displayed favorable scenario is 23.2% upside, or about $77.05.

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 $3.64 of EPS and a 13.9× PE, suggesting a share price of about $50.69 — 19% below today’s price. Valuation history and outlook inform the PE.

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