Historical cheapness: current PE is 11.6× versus the full-history median of 12.1× shown in the valuation table, producing 53.1/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 63.9/100. The model applies a 39.5% 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 12.4× (18-month half-life). The favorable scenario uses 13.1× PE and $5.7 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 +9.2%, earnings +53.6%, operating margin +1.4 percentage points. Free cash flow is 3.3% of revenue. The business score is 67.7/100. 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 $5.75 of EPS and a 13.1× PE, suggesting a share price of about $75.51. Valuation history and outlook inform the PE.

The displayed favorable scenario is 71.1% upside, or about $75.52.

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 $3.31 of EPS and a 10× PE, suggesting a share price of about $33.10 — 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.