45 is just the geometric average (which is more relevant to ratiometric figures than an arithmetic average, though they produce nearly the same result for close inputs, say within 10% of each other) of modulator pole and half the switching frequency (which, IIRC, is the RHP zero of the peak current mode controller). So you want to have cutoff below that dangerous zero, and the other part, the pole, suggests how much.
46 takes the cutoff frequency and voltage gain and, based on the error amp characteristics (i.e., Gm), turns that into a resistance. The figure 2*pi*f_co*C_OUT is the conductance of the filter cap at the desired cutoff frequency, taken as a ratio with the power stage transconductance. In other words, the dimensionless ratio which is the loop gain from C_OUT back to the power stage. This, in turn, is multiplied by another dimensionless ratio, V_OUT / V_REF, which is the voltage gain of the system. Finally, 1/gmea is the appropriate scaling factor that brings it back to units of ohms.
FWIW, in my opinion, it's hardly worth calculating compensation values. You'll only end up tweaking them later anyway.
Tim