> How does one valuate stock and determine a specific target price of a stock?

How does one valuate stock and determine a specific target price of a stock?

Posted at: 2014-12-05 
One way is to find the size of the market in which the company operates and how that market is going to grow. Find out the market share of the company and if it can increase its market share. Calculate the profit that can be made on this share of the market. Find the average multiple of profit (p/e) of the sector. Calculate the current fair value and value in the future if the growth goes to plan.

This is for the Philippine setting.

What I have gotten so far is to download financial statements from edge.pse.com.ph and examine the financials from there. However, I am having difficulty in determining how to get the forecast in financial statements. As of now, I just google news for the company I am looking for, but that usually doesn't give me enough information.