Dividend discount model - The stock is valued as the present
value of its dividend payments. There are two variations : the
constant dividend model and the dividend growth model. The
variables required are : expected dividend, growth rate and
required return of stockholders
Cash flow model - The equity value of the firm is calculated as
the present values of the FCFE (Free cash flow to equity). Stock
value = equity value / number of shares outstanding. The key
variables considered are : Net operating profit after tax, non-cash
expenses, changes in working capital, capital expenditures, value
of debt, value of non-operating assets, growth rate, cost of
capital.