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Accretion / Dilution Animator
The single most-asked M&A interview question — “is this deal accretive or dilutive?” — as a live model. Move the sliders and watch pro-forma EPS flip from green to red in real time, so the intuition finally sticks.
The deal
Pro-forma EPS impact
+1.5%
ACCRETIVE
$1.00
Standalone
$1.01
Pro-forma
Rule of thumb: an all-stock deal at no premium is accretive whenever the acquirer’s P/E is above the target’s. Premium, cash/debt cost and dilution from new shares all chip away at that. Drag the sliders and watch the bar flip.
P/E gap
5x
acquirer richer ✓
New shares issued
28.1
dilution drag
After-tax financing cost
0.0
cash/debt drag
Offer value
563
normalised units