At 17.2x earnings with a compressed 13.5x forward P/E and a PEG of 0.7, the market is pricing BK like a low-growth financial despite clear forward earnings acceleration implied by the multiple contraction. A sub-1 PEG typically signals growth at a discount, and the spread between current and forward earnings multiples suggests earnings inflection rather than deterioration. With a Piotroski F-Score of 6 and ROIC of 33.10%, this is not a distressed balance sheet story but a profitability story being discounted. The absence of an Altman Z-Score limits bankruptcy-risk visibility, but the valuation profile relative to growth implies the market is underappreciating forward earnings power.