InterCure Ltd. (INCR) vs Talphera, Inc. (TLPH)

InterCure Ltd. and Talphera, Inc. are both Drug Manufacturers Specialty & Generic companies. Talphera, Inc. is the larger, with a market value of $52.4M against $39.1M — 1.3× the size. Talphera, Inc. has negative trailing earnings, so its P/E is not meaningful; InterCure Ltd. trades at 6.2×. InterCure Ltd. grew revenue faster over the last twelve months: 16.2% against −73.1%. InterCure Ltd. has the higher net margin (4.88% vs 0.00%) and the higher return on invested capital (0.00% vs 0.00%). Across the 15 metrics below, InterCure Ltd. leads on 12 and Talphera, Inc. on 3.

Valuation

Metric INCR TLPH Drug Manufacturers Specialty & Generic median
P/E 6.23 n/m 20.55
P/S 0.24 180.84 2.08
P/B 0.23 5.35 1.79
Price to free cash flow n/m n/m 16.29
EV/EBITDA 6.17 n/m 12.22
EV/Sales 0.56 155.68 2.87
Earnings yield 16.05% (26.47%) (15.94%)
Free cash flow yield (2.85%) (12.52%) 0.00%

Profitability

Metric INCR TLPH Drug Manufacturers Specialty & Generic median
Gross margin 32.74% 100.00% 53.51%
Operating margin 0.00% 0.00% 0.00%
Net margin 4.88% 0.00% (2.45%)
Free cash flow margin 0.00% 0.00% 0.00%
Return on equity 0.00% (143.36%) (0.80%)
Return on assets 0.00% (69.60%) (1.67%)
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric INCR TLPH Drug Manufacturers Specialty & Generic median
Revenue growth (TTM) 16.15% (73.07%) 5.22%
EPS growth (last fiscal year) 52.50% 32.00% 42.91%
Revenue growth, 5-year CAGR 31.11% (58.55%) 7.24%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric INCR TLPH Drug Manufacturers Specialty & Generic median
Debt to equity 0.27 0.00 0.04
Current ratio 1.85 4.29 2.41
Net debt to EBITDA (4.07) 1.50 1.01

Dividend

Metric INCR TLPH Drug Manufacturers Specialty & Generic median
Dividend yield — — 1.45%
Payout ratio — — 0.27

Size

Metric INCR TLPH Drug Manufacturers Specialty & Generic median
Market cap 39.05m 52.42m 315.39m

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