Historical cheapness: current PE is 22× versus the full-history median of 32.5× shown in the valuation table, producing 74.2/100. Positive weekly observations receive equal weight; lower past EPS alone does not disqualify them.

Outlook-adjusted valuation: 75/100. The model applies a 12.4% 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 31.8× (18-month half-life). The favorable scenario uses 25.3× 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 +10.2%, earnings +106.8%, operating margin +3.8 percentage points. Free cash flow is 10.8% of revenue. The business score is 77.3/100. 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 25.3× PE, suggesting a share price of about $50.95. Valuation history and outlook inform the PE.

The displayed favorable scenario is 39.6% upside, or about $50.94.

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 $1.41 of EPS and a 21× PE, suggesting a share price of about $29.52 — 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.