Is IMUX or INCR more undervalued in 2026?

CirclFi compares Immunic, Inc. (IMUX) and Intercure Ltd. (INCR) using 13 institutional-grade valuation models. IMUX has a Quality of Company score of 4.9/10 while INCR scores 6.0/10.

Which is a better buy — IMUX or INCR?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do IMUX and INCR valuations compare?

IMUX at $14.96 and INCR at $1.20 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

IMUX vs INCR Valuation Comparison 2026 — Intrinsic Value Analysis

IMUX

Pharmaceutical Preparations

Immunic, Inc.

Quality

4.9

out of 10

Value Trap

SAFE

Price

$14.96

Last close

Models

7/13

Active

INCR

Pharmaceutical Preparations

Intercure Ltd.

Quality

6.0

out of 10

Value Trap

SAFE

Price

$1.20

Last close

Models

9/13

Active

Model-by-Model Comparison

Model	Type	IMUX Fair Value	IMUX Upside	INCR Fair Value	INCR Upside
Bayesian DCF	Intrinsic	$10.51	-29.7%	$0.42	-65.3%
Earnings Power Value	Intrinsic	—	—	$0.49	-45.1%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$6.42	-57.1%	$0.57	-52.2%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%

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IMUX vs INCR — Which Stock Is More Undervalued?

INCR scores higher with a 6.0/10 quality rating vs IMUX's 4.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Immunic, Inc. (IMUX) and Intercure Ltd. (INCR) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

IMUX currently trades at $14.96 with a QOC of 4.9/10, while INCR trades at $1.20 with a QOC of 6.0/10.

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 Topology), and ensemble methods (CUCE).