Historical cheapness: current PE is 10.7× versus the full-history median of 11.9× shown in the valuation table, producing 57.6/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 59.6/100. The model applies a 15.4% 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 13× (18-month half-life). The favorable scenario uses 11.7× PE and $11.4 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%, earnings +107.8%, operating margin +3 percentage points. Free cash flow is 10.6% of revenue. The business score is 75.1/100. 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 $11.38 of EPS and a 11.7× PE, suggesting a share price of about $132.95. Valuation history and outlook inform the PE.

The displayed favorable scenario is 37.4% upside, or about $132.96.

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 $7.59 of EPS and a 9.8× PE, suggesting a share price of about $74.50 — 23% below today’s price. Valuation history and outlook inform the PE.

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