INCR (Intercure) Return-on-Tangible-Equity: -35.45% (As of Dec. 2025)

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INCR Intercure Ltd INCR
67 GF Score
Price $5.38
GF Value $6.18
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Intercure Return-on-Tangible-Equity?

Intercure INCR +0.84% 67 Return-on-Tangible-Equity is -35.45% as of Dec. 2025. GuruFocus rates INCR with a GF Score™ of 67/100 and a GF Value™ of $6.18 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 895 Drug Manufacturers companies, Intercure ranks worse than 83.24% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Intercure's annualized net income for the quarter that ended in Dec. 2025 was $-22.62 Mil. Intercure's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $63.81 Mil. Therefore, Intercure's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -35.45%.

The historical rank and industry rank for Intercure's Return-on-Tangible-Equity or its related term are showing as below:

INCR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -61.86   Med: -22.27   Max: 22.59
Current: -19.27

During the past 13 years, Intercure's highest Return-on-Tangible-Equity was 22.59%. The lowest was -61.86%. And the median was -22.27%.

INCR's Return-on-Tangible-Equity is ranked worse than
83.24% of 895 companies
in the Drug Manufacturers industry
Industry Median: 7.5 vs INCR: -19.27

Intercure  (NAS:INCR) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Intercure Return-on-Tangible-Equity Related Terms


Intercure Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Intercure's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Intercure Return-on-Tangible-Equity Chart

Intercure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 22.59 -27.47 -33.36 -20.42

Intercure Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -58.48 1.22 -67.67 -1.80 -35.45

INCR vs CTOR, ZYBT, TLPH: Return-on-Tangible-Equity Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Intercure's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intercure Return-on-Tangible-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Intercure's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Intercure's Return-on-Tangible-Equity falls into.


INCR
67GF Score
Intercure Ltd INCR
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercure Return-on-Tangible-Equity Calculation

Intercure's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-11.877/( (57.331+58.978 )/ 2 )
=-11.877/58.1545
=-20.42 %

Intercure's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-22.62/( (68.637+58.978)/ 2 )
=-22.62/63.8075
=-35.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -35.45% mean?
Intercure (INCR) has a Return-on-Tangible-Equity of -35.45% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Intercure and its competitors. According to the industry distribution chart, Intercure ranks #745 out of 895 companies in the Drug Manufacturers industry, placing it in the top 83.2%.
Is Intercure's Return-on-Tangible-Equity too high?
Intercure's current Return-on-Tangible-Equity is -35.45%. Based on the distribution chart, Intercure ranks #745 out of 895 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Intercure has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intercure's Return-on-Tangible-Equity compare to CTOR and ZYBT?
According to the Drug Manufacturers industry distribution chart, Intercure ranks #745 out of 895 companies for Return-on-Tangible-Equity. This places Intercure in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.50. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Drug Manufacturers company?
The median Return-on-Tangible-Equity among Drug Manufacturers companies is 7.50, based on 895 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Intercure and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Equity is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercure's current Return-on-Tangible-Equity is -35.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercure stock overvalued right now?
Based on GuruFocus' analysis, Intercure (INCR) is currently considered Modestly Undervalued. The stock's GF Value™ is $6.18, compared to a current price of $5.38 — trading 12.9% below its estimated fair value. The current Return-on-Tangible-Equity is -35.45%. Intercure's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Intercure (INCR), the current Return-on-Tangible-Equity is -35.45% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Intercure (INCR) Overvalued in 2026?

Based on GuruFocus' analysis, Intercure stock appears to be undervalued. The current stock price of $5.38 is trading 12.9% below its estimated GF Value™ of $6.18. GuruFocus considers Intercure to be Modestly Undervalued.

Key valuation signals for INCR:

  • Return-on-Tangible-Equity: -35.45%
  • GF Value™: $6.18 vs. price of $5.38 (12.9% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the INCR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intercure Business Description

Other Exchanges INCR:Israel
Address 85 Medinat ha-Yehudim Street, Herzliya, ISR, 4676670
Intercure Ltd is engaged in the research, cultivation, production, and distribution of pharma-grade cannabis-based products. Its products are available in dried inflorescences or liquid oil form, and are marketed through various brands, including Pharmo Cann, Humboldt, Indoor, Space Labs, Canndoc Utopia, Binske, Canndoc Stars, and others. The company has two operating segments, namely Investments in portfolio companies in the biomed sector and Investments in the medical cannabis sector. A majority of its revenue is generated from the Cannabis segment.
67GF Score

Get the complete analysis for INCR

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.38
Price
$6.18
GF Value