comparisons for DCMI'm not seeing the comparisons for DCM with SXP. Strictly manufacturing on the one side, knowledge product on the other; input costs play a big part in one, and not in the other. Of course, my view of SXP is coloured by the fact I spent some years in it a while back and got out with not a penny of gain despite a marginal divvy.
It's why I've looked for points of comparison between knowledge-based and tech-based industries like DND or perhaps the remote medicine providers like V.DOC and maybe even WELL. Of course, the superior valuations in those are due to the fact they are rollups growing as fast as they can, while DCM's model seems to be more stable.