Historical cheapness: current PE is 17.7× versus the full-history median of 21.4× shown in the valuation table, producing 62.7/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 61.6/100. The model applies a 8.2% 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 19.5× (18-month half-life). The favorable scenario uses 19.6× PE and $2.2 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 +10.5%, earnings +8.7%, operating margin -0.4 percentage points. The business score is 57.4/100. 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 $2.19 of EPS and a 19.6× PE, suggesting a share price of about $42.81 — 29% above today’s price. Valuation history and outlook inform the PE.

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 $1.58 of EPS and a 17× PE, suggesting a share price of about $26.85 — 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.