Eh, depends how you want to look at it.
No. There is 1 thing your not considering. There is a lot of difference between auto weapons compared to semi's(or slower firing weapon). the Semi's have high damage per shot and have decent space in between them. But every time they fire they can change targets.
On the other hand auto's have lower damage but fire a lot of shots in bunch with gaps between bursts. While in burst the target does not change, the target may change om different bursts.
As a consequence of this auto weapons are drop opposition models faster than semi's even if they have the same
DPS number.
As an example.
USF Airborne have RA of 0.95 and their Carbines have ~ 10.5 dps(0-3) with 6 men
Ost Assgrens have RA of 0.95 and their mp40's have ~ 10.5 dps(0-10) with 5 men
despite this assgrens would still win at point blank range.
Why because they model loss on the opponent faster because of their auto weapons.
That's why at shorter ranges the mp44 performs significantly better than g43's.