RE:YouTube Video Breaking down value of $DCMI don't necessarily disagree with the premise of this video. I think most people on this board agree that DCM is in the process of moving from print to digital and undervalued. But as an analyst/PM I just have to say that using multiples of sales as a way to determine 'intrinsic value' is borderline criminal. I see this more and more these days and it's extremely dangerous. The instrinsic value of a company is the present value of the future CASH FLOWS of a company. Period. As noted perviously here it's extremely difficult to determine the instrinsic value of DCM because the future cash flows are anything but certain/predictable. So please take this with a grain of salt and understand the lack of predictaiblity/visibility is going to have some people land all over the place in terms of targets and value assessments. If this then that... still has an 'IF' in it. Compare this with a company like CSU or DOL that have 10+ years of strong ROIC figures... there's just a lot less 'if.' Yes, the valuations are higher but the predictability is also much higher. Some food for thought. Have a nice week all.