InterCure Ltd.(INCR)

upturn advisory logo
EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$4.05
11/02/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for INCR

11/02/2026: INCR (1-star) is currently NOT-A-BUY. Pass it for now.

InterCure Ltd. is an international medical cannabis company specializing in GMP-certified products under its Canndoc brand. The company distinguishes itself through a vertically integrated model that combines cultivation with a direct-to-patient pharmacy network, creating a solid foothold in the Israeli market. Its primary growth opportunity lies in leveraging these capabilities to expand into emerging European markets. However, investors face notable risks, including high regulatory sensitivity, commodity price volatility, and intense competition from global producers. The stock is best suited for growth-oriented investors with a high risk tolerance, who should closely monitor regulatory changes and international expansion progress as key indicators of long-term sustainability.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers growth potential in the medical cannabis space but carries significant execution and regulatory risks.
Momentum investorWeak fitMomentum is inconsistent; requires a strong, sustained uptrend in regulatory and financial sentiment to be viable.
Value investorWeak fitThe stock lacks the historical earnings profile or stability required for traditional value investing.
Dividend investorWeak fitThe company does not pay dividends and focuses on reinvesting cash flow for growth.
Low-risk investorWeak fitHigh industry volatility and regulatory uncertainty make this unsuitable for low-risk portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe cannabis sector is highly sensitive to news flow and regulatory changes, leading to significant stock price swings.
Valuation riskMedium / highGrowth expectations are often priced in, leaving little room for error if operational targets are missed.
Competition risk (Cannabis sector)HighIncreasing supply from global players could pressure margins for Canndoc products.
Business qualityMediumWhile the company has strong GMP standards, its dependence on a niche medical market limits scale.
Dividend incomeLow / noneThere is no income generation for shareholders.
Execution riskMedium / highThe company must manage international regulatory hurdles and supply chain scaling effectively to sustain growth.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit -19.02%
Avg. Invested days 42
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/02/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
INCR receives a 3-star rating based on the available scored pillars. The rating is constrained by weak unit economics, and weak price momentum.

Company Fundamentals

★★★★★
INCR has moderate overall fundamentals (3 stars), with moderate financial health, solid growth momentum, and moderate ownership. In FY2025 versus FY2024, strong earnings growth (+47.3%) and solid revenue growth (+13.1%) are partially offset by soft cash generation (FCF margin 4.9%), weak profitability (net margin -13.2%).

Financial Health Rating

★★★★★
INCR's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 14.8%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is INCR's strongest growth driver at +118.6% FY2025 versus FY2024 (strong, 5 stars). Revenue growth (+13.1%, solid) and earnings growth (+47.3%, strong) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 1.0% (soft) and 44.3% of outstanding shares are publicly tradable (moderate). Insider ownership of 38.21% supports management-shareholder alignment.

Unit Economics (Per $1K Revenue)

★★★★★
INCR generates approximately $123 of gross profit, $25 of operating income, and $49 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Weak margins explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 16.60%

Quantitative Style Profile

★★★★★
INCR has a relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilitySmall / Mid Cap Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 59.56M USD
Price to earnings Ratio -
1Y Target Price 33.56
Price to earnings Ratio -
1Y Target Price 33.56
Volume (30-day avg) 5.2K shares
Beta 0.64
52 Weeks Range 3.40 - 7.55
Updated Date 11/01/2026
52 Weeks Range 3.40 - 7.55
Updated Date 11/01/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.03

How Company Makes Money

Business areaWhat it includesRetail investor read
Canndoc Medical CannabisProduction and sale of medical-grade cannabis flowers and oils.Revenue comes directly from selling medical cannabis products to patients and pharmacies.
Pharmacy DistributionOperation of retail pharmacy outlets for cannabis.The company captures additional margin by controlling the direct-to-patient retail sales channel.

Valuation

Trailing PE -
Forward PE 6.18
Enterprise Value 103.21M
Price to Sales(TTM) 0.49
Enterprise Value 103.21M
Price to Sales(TTM) 0.49
Enterprise Value to Revenue 1.19
Enterprise Value to EBITDA 5.29
Shares Outstanding 15.00M
Shares Floating 6.65M
Shares Outstanding 15.00M
Shares Floating 6.65M
Percent Insiders 38.21
Percent Institutions 0.96

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.