1. The company has a robust revenue and profitability outlook with a large backlog and strong pursuit of multi-million-dollar deals. 2. The cash flow conversion profile is impaired due to high receivables from major government customers. 3. The P/E valuations are at a discount, but distorted by delays in cash flow conversion compared to revenue recognition. 4. Technical analysis shows a bullish trend but at a key resistance area, potentially muted outperformance against the S&P500.