Historical cheapness: current PE is 12.4× versus the full-history median of 15.6× shown in the valuation table, producing 65/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 67.3/100. The model applies a 15.6% 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 15.1× (18-month half-life). The favorable scenario uses 14.5× PE and $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 strong. Over the past year: revenue +4.5%, earnings +58.6%, operating margin +3.8 percentage points. Free cash flow is 8.7% of revenue. The business score is 72.7/100. 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 $2.02 of EPS and a 14.5× PE, suggesting a share price of about $29.31 — 45% 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 $1.39 of EPS and a 11.8× PE, suggesting a share price of about $16.41 — 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.