I was reading difu wu azn blog and I have to say it is way too confusing and complicated and some numbers I have no idea how he add them up tm

Calculation for a stock price ;

ave earning 5 years  X 5 year ave growth X 5 year average p/e discounted by required return.

Ten years is too long. next is the free cash flow. next the ave div yield/ into current and g number 5 year ave eps x 22.5 x tangible book.

and reviewed annually.

That is a borrowed calculation ( some of it because the rest is too convoluted)

tx tm