IFRX vs IMCR

InflaRx N.V. vs Immunocore Holdings plc — Valuation Comparison 2026

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

Quick Summary — IMCR scores higher on quality with 8.2/10 vs IFRX's 1.8/10. IFRX trades at $2.17 while IMCR trades at $29.56. Both analyzed daily using SEC EDGAR data across 13 institutional models.

IFRX

Biotechnology
InflaRx N.V.
Quality
1.8
out of 10
Value Trap
Price
$2.17
Last close
Models
7/13
Active
VS

IMCR

Biotechnology
Immunocore Holdings plc
Quality
8.2
out of 10
Value Trap
6
SAFE
Price
$29.56
Last close
Models
12/13
Active
IFRX
2 models active
Quality 1.8/10 — below average
IMCR
Earnings Power Value sees +1.9% upside
Limited to 2/13 visible models

IFRX vs IMCR — Fair Value Comparison

IFRX
$0$1$2$3 Price$2.17 Bayesian …$0.56 (-74.0%) PWERM$0.81 (-62.5%)
IMCR
$0$12$23$35 Price$29.56 Bayesian …$14.36 (-51.4%) Earnings …$28.68 (+1.9%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType IFRX Fair ValueIFRX Upside IMCR Fair ValueIMCR Upside
Bayesian DCF Intrinsic $0.56 -74.0% $14.36 -51.4%
Earnings Power Value Intrinsic $28.68 +1.9%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $0.81 -62.5% $39.70 +34.3%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

IFRX vs IMCR — Which Stock Is More Undervalued in 2026?

IMCR scores higher with a 8.2/10 quality rating vs IFRX's 1.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do IFRX and IMCR Valuations Compare?

At $2.17, IFRX trades +74.0% above its Bayesian DCF fair value of $0.56, while IMCR at $29.56 trades +51.4% above its estimate of $14.36. IFRX shows a wider gap between price and intrinsic value.

Quality of Company: IFRX vs IMCR

IFRX earns a Quality of Company score of 1.8/10 compared to IMCR's 8.2/10. 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: IFRX vs IMCR

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

Both in Biotechnology

Both IFRX and IMCR operate in Biotechnology, which has 566 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).

2 of 13 MODELS UNLOCKED

You’re comparing 2 models. 11 more have an opinion.

11 hidden models compare IFRX vs IMCR differently — including EROIC Spread, First Chicago, Markov DDM, PWERM, and 7 more. Some may disagree with the 2 you see above.

11 additional fair values per stock Full confidence breakdown Live terminal — 5,000+ stocks

Bloomberg Terminal: ~$2,000/mo  ·  FactSet: ~$1,000/mo  ·  CirclFi: $0.90/day

See All 13 Models — $0.90/day

We don’t predict prices. We show you what 13 independent mathematical frameworks say a stock is worth — and let you decide.

See all Biotechnology stocks →