HCM vs INCR

HUTCHMED (China) Limited vs Intercure Ltd. — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — INCR scores higher on quality with 6.0/10 vs HCM's 2.2/10. HCM trades at $11.52 while INCR trades at $1.03. Both analyzed daily using SEC EDGAR data across 13 institutional models.

HCM

Drug Manufacturers - Specialty & Generic
HUTCHMED (China) Limited
Quality
2.2
out of 10
Value Trap
Price
$11.52
Last close
Models
13/13
Active
VS

INCR

Drug Manufacturers - Specialty & Generic
Intercure Ltd.
Quality
6.0
out of 10
Value Trap
18
SAFE
Price
$1.03
Last close
Models
9/13
Active
HCM
2 models active
Quality 2.2/10 — below average
INCR
2 models active
Limited to 2/13 visible models

HCM vs INCR — Fair Value Comparison

HCM
$0$5$9$14 Price$11.52 Bayesian …$2.98 (-74.1%) Earnings …$2.92 (-78.0%)
INCR
$0$0$1$1 Price$1.03 Bayesian …$0.18 (-82.7%) Earnings …$0.49 (-45.1%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType HCM Fair ValueHCM Upside INCR Fair ValueINCR Upside
Bayesian DCF Intrinsic $2.98 -74.1% $0.18 -82.7%
Earnings Power Value Intrinsic $2.92 -78.0% $0.49 -45.1%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

HCM vs INCR — Which Stock Is More Undervalued in 2026?

INCR scores higher with a 6.0/10 quality rating vs HCM's 2.2/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do HCM and INCR Valuations Compare?

At $11.52, HCM trades +74.1% above its Bayesian DCF fair value of $2.98, while INCR at $1.03 trades +82.7% above its estimate of $0.18. INCR shows a wider gap between price and intrinsic value.

Quality of Company: HCM vs INCR

HCM earns a Quality of Company score of 2.2/10 compared to INCR's 6.0/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: HCM vs INCR

Review the value trap analysis for both HCM and INCR to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Drug Manufacturers - Specialty & Generic

Both HCM and INCR operate in Drug Manufacturers - Specialty & Generic, which has 79 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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