Historical cheapness: current PE is 16.7× versus the full-history median of 24× shown in the valuation table, producing 72.8/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 73.5/100. The model applies a 11.7% 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 23.1× (18-month half-life). The favorable scenario uses 19.4× PE and $3.1 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 +18.1%, earnings +29.8%, operating margin +1.6 percentage points. Free cash flow is 20.3% of revenue. The business score is 77.6/100. 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 $3.08 of EPS and a 19.4× PE, suggesting a share price of about $59.61. Valuation history and outlook inform the PE.

The displayed favorable scenario is 39.2% upside, or about $59.62.

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 $2.22 of EPS and a 15.9× PE, suggesting a share price of about $35.29 — 18% below today’s price. Valuation history and outlook inform the PE.

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