Merger Synergy Calculator

See whether a deal raises or lowers the buyer's earnings per share.

Connecting to the calculator

Deal name

Fill from SEC filings

Type tickers to fill in each company's financials from its latest 10-K and 10-Q. US SEC filers only: Indian, other non-US and private companies need manual entry.

Buyer ticker

Target ticker

Announcement date

Blank = today. Prices are the last close before it.

Figures

Balance sheet: always the latest

Detail

Currency

Simple mode: a purchase price paid with stock, cash and debt, and no growth, fees or purchase accounting. Switch to Advanced for the full model.

The buyer

Enter figures as reported. They already include any stake held in the target.

Net income

As reported (attributable to shareholders), after tax

Diluted shares

Share price

The target

Net income

Purchase price

Total paid for the equity

Tax rate

Applies to all pre-tax items

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Saved deals

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