We prove that Smale's mean value constant $K^*$, defined below, exceeds $1.1559837$. The best lower bound proved before was $1.1018$, due to Jatar and Ng~\cite{JatarNg2026b}. We also prove other results on the pairs of a univalent map and a finite Blaschke product through which Jatar and Ng recast the problem. After the first version of this paper, the author proved that $K^*=4$~\cite[Thm.~1.1]{GoelK4}. \subsection*{Smale's mean value problem} Let $P$ be a complex polynomial of degree $n\ge2$ and let $z$ be a point with $P'(z)\neq0$. Smale~\cite{Smale1981} proved that some critical point $\zeta$ of $P$ satisfies \[ \Bigl|\frac{P(z)-P(\zeta)}{z-\zeta}\Bigr|\le K\,|P'(z)| \] with $K=4$, and he asked for the best constant. After a normalisation (Section~\ref{sec:extremal}) the best constant in degree $n$ is $K(n)=\sup_{p\in\mathcal P_n}m(p)$, where $\mathcal P_n$ is the set of polynomials of degree $n$ with $p(0)=0$ and $p'(0)=1$, and $m(p)$ is the minimum of $|p(b)/b|$ over the critical points $b$ of $p$. We write $K^*=\sup_nK(n)$ for Smale's mean value constant. The polynomial $z-z^n/n$ gives $K(n)\ge(n-1)/n$, and Smale asked whether $K^*=1$, or even $K(n)=(n-1)/n$ (Smale's (1981) mean value conjecture); in his list of problems for the next century~\cite{Smale2000} it is the first of the problems in the addendum. Every known improvement of $4$ is a bound for $K(n)$ that depends on $n$. The conjecture holds for $n\le4$ (Tischler~\cite{Tischler1989}; see also~\cite[Sect.~7.2]{RahmanSchmeisser2002}), and Crane announced a computer-assisted proof for $n=5$~\cite[Sect.~1]{Crane2007}. Beardon, Minda and Ng~\cite{BeardonMindaNg2002} proved $K(n)\le4^{(n-2)/(n-1)}$, Conte, Fujikawa and Lakic~\cite{ConteFujikawaLakic2007} proved $K(n)\le4(n-1)/(n+1)$, Fujikawa and Sugawa~\cite{FujikawaSugawa2006} combined the two ideas, and Crane~\cite{Crane2007} proved $K(n)<4-2.263/\sqrt n$ for $n\ge8$. All these bounds tend to $4$ as $n\to\infty$, so none of them improves the bound $K^*\le4$ for the constant itself; in fact $K^*=4$~\cite{GoelK4}. Crane~\cite{Crane2006} showed that in every degree there is an extremal polynomial all of whose critical points attain the minimum in $m(p)$, and $K(n)$ is nondecreasing in $n$ (see~\cite{Crane2006} and~\cite[proof of Cor.~4.6]{JatarNg2026b}). For the dual problem see~\cite{DubininSugawa2009,JatarNg2026a}. \subsection*{Recent results} In September 2026 a proof that $K^*>1$ was made public~\cite{LeanMVP2026}; it shows that some $p$ has $m(p)>1$, but does not make the degree of $p$ explicit. So Smale's conjecture is false. Adamczewski and Colbrook~\cite{AdamczewskiColbrook2026} explain the mechanism behind that proof and give an explicit polynomial $p$ of degree $29\,984$ with $m(p)>1.0000004$, verified by interval arithmetic, so $K(n)>1$ for every $n\ge29\,984$. In~\cite{JatarNg2026b} Jatar and Ng recast the problem in univalent function theory. A translation of the problem into one about finite Blaschke products goes back to Sheil-Small~\cite[Ch.~10]{SheilSmall2002}; see also Ng and Zhang~\cite{NgZhang2016} and Dubinin~\cite{Dubinin2024}. Jatar and Ng proved that \[ K^*=\sup\Bigl\{\frac1{B(0)}\Bigr\}, \] the supremum over pairs $(W,B)$ of a normalised univalent map $W$ of the unit disk $\mathbb D$ (that is, $W\in\mathcal S$: $W$ is holomorphic and injective, $W(0)=0$, $W'(0)=1$) and a finite Blaschke product $B$ with $B(0)>0$ such that the derivative of the product $WB$ has no zero in $\mathbb D$~\cite[Thm.~1.2]{JatarNg2026b}; Jatar and Ng call such pairs \emph{admissible}\label{term:admissible}. They also proved that $K^*$ equals the supremum $\Lambda_{\rm JN}$ of $\min_{\partial\Omega}|\Phi(z)/z|$ over bounded analytic Jordan domains $\Omega\ni0$ and $\Phi$ locally univalent on a neighbourhood of $\overline\Omega$ with $\Phi(0)=0$, $\Phi'(0)=1$~\cite[Thm.~4.4]{JatarNg2026b}; we call this the \emph{domain formulation}, and $\min_{\partial\Omega}|\Phi(z)/z|$ the \emph{ratio} of the pair. Writing $\mathcal B_d$\label{term:Bd} for the supremum over $\deg B\le d$, they proved \[ 1.1018586788\ldots=\sqrt{8081/6656}\le\mathcal B_1<\sqrt{7/5}=1.1832159566\ldots, \] so that $K^*>1.1018$~\cite[Thm.~1.3]{JatarNg2026b}, and $\mathcal B_d<4-\frac{529}{576}\frac{(\log2)^2}{d^2}$ for every $d\ge1$. For a second explicit pair, $\mathcal B_1>1.1030$ is stated without proof in~\cite[Rem.~6.7]{JatarNg2026b}; Corollary~\ref{cor:ES2} proves it. They also give a winding criterion for admissibility, show that every degree of $B$ occurs and that each $\mathcal B_d$ is attained, and show that a starlike $W$ carries no nonconstant $B$. Jatar and Ng~\cite[Sect.~9]{JatarNg2026b} ask whether $\mathcal B_d$ is strictly increasing, whether $\mathcal B_1=K^*$, and whether $K^*=4$. The last two questions are now answered: $K^*=4$~\cite{GoelK4}, and so $\mathcal B_11.1559837$, and $K(n)>1.1559837$ for all large $n$. \end{theorem} \begin{figure}[ht] \centering \definecolor{openK}{RGB}{34,139,34}% \definecolor{shutK}{gray}{0.86}% \begin{tikzpicture}[x=3.6cm,y=0.85cm,font=\small] \fill[openK] (1,3.3) rectangle (4,3.8); \draw (1,3.3) rectangle (4,3.8); \node[left,inner sep=9pt] at (1,3.55) {Smale 1981~\cite{Smale1981}}; \node[text=white] at (2.55,3.55) {$1\le K^*\le4$}; \filldraw[fill=white,draw=black,thick] (1,3.55) circle (4pt); \fill[shutK] (1,2.2) rectangle (1.1018586,2.7); \fill[openK] (1.1018586,2.2) rectangle (4,2.7); \draw (1,2.2) rectangle (4,2.7); \node[left,inner sep=9pt] at (1,2.45) {Jatar and Ng 2026~\cite{JatarNg2026b}}; \node[text=white] at (2.55,2.45) {$1.10180$; let $\sigma=\sum_jP_{a_j}$ be the sum of the Poisson kernels $P_{a_j}(w)=(1-|a_j|^2)/|w-a_j|^2$ of the zeros $a_j$ of $B$. The winding number in the criterion of~\cite[Sect.~8]{JatarNg2026b} is a signed count of the pockets with $\sigma x>1$, when no pocket has $\sigma x=1$ (Theorem~\ref{thm:pocket}). \item[(6)] \emph{Ownership} (Section~\ref{sec:own}). Each zero $a$ of $B$ in a Blaschke model \emph{owns} a pocket at a local minimum of $|W|$: there $\sigma x>1$, but $(\sigma-P_a)x\le1$. Distinct zeros own distinct pockets (Theorem~\ref{thm:own}). \item[(7)] \emph{Gains tending to $4$} (Section~\ref{sec:structure}). Let $(W_n,B_n)$ be admissible pairs with gains tending to $4$. After rotations, $W_n$ tends to the Koebe function and $B_n$ tends to $(1-w)^2/4$ (Theorem~\ref{thm:C}); the zeros $a$ of $B_n$, weighted by $\log(1/|a|)$, have an explicit limit distribution (Proposition~\ref{prop:green}). \item[(8)] \emph{Symmetric pairs} (Section~\ref{sec:symmetric}). Every $n$-fold symmetric Blaschke model comes from the $n$-th root transform of~\cite[Rem.~8.6]{JatarNg2026b} (Theorem~\ref{thm:rtconverse}). The transform keeps the gain, but it gives a Blaschke model only under an explicit condition (Lemma~\ref{lem:rt}). \item[(9)] \emph{Zeros of $B$ are not small} (Section~\ref{sec:FH}). Every zero of $B$ in a Blaschke model has modulus greater than $0.36967$ (Corollary~\ref{cor:FH}). \item[(10)] \emph{Fixed degree} (Section~\ref{sec:fixeddeg}). Take a pair of the construction of~\cite[Lemma~6.2]{JatarNg2026b} built from a polynomial of degree at most $n$. If it has fewer than $n$ boundary defects (zeros of $(WB)'$, critical points of $W$, and pairs of points where the curve $W(e^{i\theta})$ meets itself, all on the circle and counted with weights), then a nearby pair of the same kind has a larger gain (Theorem~\ref{thm:fixeddeg}). \item[(11)] \emph{Adding zeros near the circle} (Section~\ref{sec:addzeros}). If $W(w)\not\equiv w$ is meromorphic on a neighbourhood of the closed disk, we count exactly the zeros of $(WB)'$ in the disk after zeros of $B$ are added on fixed radii near the circle, with $W$ kept; and we show that one zero of $B$ added near the circle on the radius through a zero of $(WB)'$ on the circle makes the pair inadmissible (Proposition~\ref{prop:BC}). \item[(12)] \emph{Other exact pairs, and Dubinin's conjecture} (Section~\ref{sec:onezero}). Table~\ref{tab:onezero} lists eighteen pairs with exact rational data (Theorem~\ref{thm:tablepairs}). Remark~\ref{rem:Dubinin} notes that, by~\cite{LeanMVP2026} and~\cite{Crane2006}, Dubinin's conjecture~\cite[(1.5)]{Dubinin2024}, which would give $K(n)=(n-1)/n$, fails in every large degree, and it shows how a polynomial $p$ of degree $n$ with $m(p)>(n-1)/n$ gives Blaschke products that violate it. \end{enumerate} {\small \begin{longtable}{@{}p{0.48\textwidth}@{\hspace{0.03\textwidth}}p{0.49\textwidth}@{}} \caption{The best or closest result known before this paper, next to each new result.}\label{tab:results}\\ \toprule \textbf{Best result before this paper} & \textbf{New result}\\ \midrule \endfirsthead \toprule \textbf{Best result before this paper} (continued) & \textbf{New result}\\ \midrule \endhead $K^*>1.1018$~\cite[Thm.~1.3]{JatarNg2026b}; $K^*>1.1030$, stated without proof in~\cite[Rem.~6.7]{JatarNg2026b} & $K^*>1.1559837$, and $K(n)>1.1559837$ for all large $n$\\[2pt] $1.1018<\mathcal B_1<\sqrt{7/5}=1.1832159\ldots$~\cite[Thm.~1.3]{JatarNg2026b}; $\mathcal B_1>1.1030$~\cite[Rem.~6.7]{JatarNg2026b} & $1.1363375<\mathcal B_1<1.177801$\\[2pt] $\mathcal B_2<3.8897$~\cite[Thm.~1.3]{JatarNg2026b} & $1.1559837<\mathcal B_2<100/61<1.639345$\\[2pt] $\mathcal B_d<4-529(\log2)^2/(576d^2)$~\cite[Thm.~1.3]{JatarNg2026b}; the new bound is better for $d\ge452$ & $\mathcal B_d\le4-0.00597/(d\log d)$ for every $d\ge2$\\[2pt] \cite[Rem.~8.11]{JatarNg2026b} left open whether a pair that attains $\mathcal B_d$ can be regular (a Blaschke model) & If $(W,B)$ attains $\mathcal B_d$ with $d\ge1$, then $W$ does not extend holomorphically to any neighbourhood of the closed disk and is not rational\\[2pt] --- & Every admissible pair whose $W$ is meromorphic on a neighbourhood of the closed disk has $\deg B\le\operatorname{wt}(W)$, a number read off $W$ on the circle\\[2pt] after rotations $W_n$ tends to the Koebe function, all zeros of $B_n$ tend to the circle and $\deg B_n\to\infty$~\cite[Rem.~7.3]{JatarNg2026b}; such pairs exist if $K^*=4$, a question of~\cite[Sect.~9]{JatarNg2026b} that is now answered: $K^*=4$~\cite{GoelK4} & If admissible pairs $(W_n,B_n)$ have $1/B_n(0)\to4$, then after rotations the zeros $a$ of $B_n$, weighted by $\log(1/|a|)$, have an explicit limit distribution\\[2pt] --- & A local maximiser of the gain among the pairs built from a polynomial of degree at most $n$ has at least $n$ weighted boundary defects\\[2pt] the winding criterion of~\cite[Sect.~8]{JatarNg2026b} & A pocket formula for the winding number of $(WB)'/(W'B)$ along the circle, and the ownership of pockets by the zeros of $B$\\[2pt] every zero has $|a|\ge1/3$~\cite[Thm.~7.1]{JatarNg2026b} & Every zero of $B$ in a Blaschke model has modulus greater than $0.36967$\\[2pt] the transform, and this correspondence for polynomials $w\,p(w^n)$, in~\cite[Rem.~8.6]{JatarNg2026b} & Every $n$-fold symmetric pair with $B(0)\neq0$ whose map is univalent past the circle comes from the $n$-th root transform\\ \bottomrule \end{longtable}} \subsection*{Supporting files} The supporting archive holds the exact data of the eighteen pairs of Table~\ref{tab:onezero} and the programs, with their outputs, for the computer steps of Corollaries~\ref{cor:FH} and~\ref{cor:ES2}, Section~\ref{sec:flatmax}, Theorems~\ref{thm:onezeroN18}, \ref{thm:twozeroK2N18}, \ref{thm:tablepairs}, \ref{thm:B1upper} and~\ref{thm:B2upper}, and Corollary~\ref{cor:K2N18BM}. It is deposited at \begin{center}\url{https://doi.org/10.5281/zenodo.23597020}\end{center} \subsection*{Terms} The terms below are introduced in this paper or used in a special sense; the last column gives the page of the definition. {\small \begin{longtable}{@{}p{0.27\textwidth}@{\hspace{0.02\textwidth}}p{0.61\textwidth}@{\hspace{0.02\textwidth}}r@{}} \toprule \textbf{Term} & \textbf{Meaning} & \textbf{p.}\\ \midrule \endhead admissible pair $(W,B)$ & $W\in\mathcal S$, $B$ a finite Blaschke product with $B(0)>0$, and $(WB)'\neq0$ in $\mathbb D$ & \pageref{term:admissible}\\ $\mathcal B_d$ & the supremum of $1/B(0)$ over admissible pairs with $\deg B\le d$ & \pageref{term:Bd}\\ gain & $1/|B(0)|$ & \pageref{def:model}\\ extremal pair & an admissible pair that attains some $\mathcal B_d$ with $d\ge1$ & \pageref{term:extremal}\\ $m(p)$, $K(n)$, $K^*$ & the constants of Smale's problem & \pageref{def:K}\\ domain pair, ratio, $\Lambda$, $\Lambda_{\rm JN}$ & $(\Omega,\Phi)$ of the domain formulation; $\min_{\partial\Omega}|\Phi(z)/z|$; its supremum over all domain pairs, resp.\ over those of~\cite[Thm.~4.4]{JatarNg2026b} & \pageref{def:admissible}\\ Blaschke model & a pair with (M1)--(M3): $W$ univalent past the circle, $(W B)'\neq0$ on the closed disk & \pageref{def:model}\\ regular pair & Jatar and Ng's name for a Blaschke model with $B(0)>0$ & \pageref{term:regular}\\ triple; $\sigma$, $v$, $\gamma$ & $(W,B,w_0)$ with a base point $w_0$; on the circle $\sigma=wB'/B$, $v=(W-W(w_0))/(wW')$, $\gamma=1+\sigma v$ & \pageref{term:triple}\\ feasible & $((W-W(w_0))B)'$ has no zero on the closed disk & \pageref{term:feasible}\\ back-facing point & a boundary point $\zeta$ of $W(\mathbb D)$ at which $\operatorname{Re}v<0$ & \pageref{term:backfacing}\\ pocket; depth, sign & a point of the circle where $v<0$; $x=-v$, and the sign change $\varepsilon$ of $\operatorname{Im}v$ there & \pageref{def:pocket}\\ on, off (pocket) & $\sigma x>1$, resp.\ $\sigma x<1$ & \pageref{def:pocket}\\ frame; base-$0$ depth & the choice of the base point; the depth $x_0$ seen from base point $0$ & \pageref{term:frame}\\ $K_0$ (Sections~\ref{sec:structure} and~\ref{sec:permodel}) & the gain $1/|B(0)|$ of a pair normalised by $B(0)>0$ & \pageref{term:model}\\ $\Omega$, $A$, $\Phi$ (Sections~\ref{sec:structure}--\ref{sec:FH}) & $W(\mathbb D)$; the zero set of $B$; $\Phi(z)=zB(W^{-1}(z))$ on $\Omega$, so that $\Phi\circ W=WB$ & \pageref{term:F4}\\ $E_b$ (Sections~\ref{sec:structure}--\ref{sec:FH}) & the component of $\{|\Phi|0$, where $\chi=wF'/F$; $\eta(x)=-\chi(x)$ & \pageref{term:chineg}\\ hook & a slit that turns back toward $0$ & \pageref{term:hook}\\ other letters & a letter used only inside one proof, remark or computation is defined there; $[z^j]P$ is the coefficient of $z^j$ in a polynomial $P$ & \\ \bottomrule \end{longtable}} \addtocounter{table}{-1}%