// MAMergerPanel.cpp — accretion/dilution + synergy analysis sub-tab builder. // Method definition split from MAModulePanel.cpp. #include "screens/ma_analytics/MAModulePanel.h" #include "services/ma_analytics/MAAnalyticsService.h" #include "ui/theme/Theme.h" #include #include #include #include #include #include #include #include #include using namespace fincept::services::ma; namespace fincept::screens { using namespace fincept::services::ma; // ═══════════════════════════════════════════════════════════════════════════════ // MODULE 2: MERGER ANALYSIS // ═══════════════════════════════════════════════════════════════════════════════ QWidget* MAModulePanel::build_merger_panel() { auto* w = new QWidget(this); auto* vl = new QVBoxLayout(w); vl->setContentsMargins(16, 16, 16, 16); vl->setSpacing(12); sub_tabs_ = new QTabWidget(w); apply_tab_stylesheet(); // ── Accretion/Dilution ── auto* ad = new QWidget(this); auto* ad_vl = new QVBoxLayout(ad); ad_vl->setContentsMargins(12, 12, 12, 12); ad_vl->setSpacing(8); auto* sec_acq = new QLabel(tr("ACQUIRER"), ad); sec_acq->setStyleSheet(QString("color:%1; font-size:9px; font-weight:700; font-family:%2;" "letter-spacing:1px;") .arg(module_.color.name()) .arg(ui::fonts::DATA_FAMILY)); ad_vl->addWidget(sec_acq); auto* acq_rev = make_double_spin(0, 1e15, 1e9, 0, "", ad); double_inputs_["acq_revenue"] = acq_rev; ad_vl->addWidget(build_input_row(tr("Revenue") + " ($)", acq_rev, ad)); auto* acq_ebitda = make_double_spin(0, 1e15, 250e6, 0, "", ad); double_inputs_["acq_ebitda"] = acq_ebitda; ad_vl->addWidget(build_input_row(tr("EBITDA") + " ($)", acq_ebitda, ad)); auto* acq_ni = make_double_spin(-1e15, 1e15, 150e6, 0, "", ad); double_inputs_["acq_net_income"] = acq_ni; ad_vl->addWidget(build_input_row(tr("Net Income") + " ($)", acq_ni, ad)); auto* acq_shares = make_double_spin(0, 1e12, 200e6, 0, "", ad); double_inputs_["acq_shares"] = acq_shares; ad_vl->addWidget(build_input_row(tr("Shares Outstanding"), acq_shares, ad)); auto* sec_tgt = new QLabel(tr("TARGET"), ad); sec_tgt->setStyleSheet(sec_acq->styleSheet()); ad_vl->addWidget(sec_tgt); auto* tgt_rev = make_double_spin(0, 1e15, 300e6, 0, "", ad); double_inputs_["tgt_revenue"] = tgt_rev; ad_vl->addWidget(build_input_row(tr("Revenue") + " ($)", tgt_rev, ad)); auto* tgt_ni = make_double_spin(-1e15, 1e15, 40e6, 0, "", ad); double_inputs_["tgt_net_income"] = tgt_ni; ad_vl->addWidget(build_input_row(tr("Net Income") + " ($)", tgt_ni, ad)); auto* sec_deal = new QLabel(tr("DEAL TERMS"), ad); sec_deal->setStyleSheet(sec_acq->styleSheet()); ad_vl->addWidget(sec_deal); auto* deal_val = make_double_spin(0, 1e15, 500e6, 0, "", ad); double_inputs_["deal_value"] = deal_val; ad_vl->addWidget(build_input_row(tr("Deal Value") + " ($)", deal_val, ad)); auto* deal_prem = make_double_spin(0, 200, 30, 1, "%", ad); double_inputs_["deal_premium"] = deal_prem; ad_vl->addWidget(build_input_row(tr("Premium"), deal_prem, ad)); auto* cash_pct = make_double_spin(0, 100, 60, 0, "%", ad); double_inputs_["cash_pct"] = cash_pct; ad_vl->addWidget(build_input_row(tr("Cash %"), cash_pct, ad)); auto* ad_run = make_run_button(tr("RUN ACCRETION/DILUTION"), ad); connect(ad_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Running Accretion/Dilution...")); QJsonObject params; QJsonObject acquirer; acquirer["revenue"] = double_inputs_["acq_revenue"]->value(); acquirer["ebitda"] = double_inputs_["acq_ebitda"]->value(); acquirer["net_income"] = double_inputs_["acq_net_income"]->value(); acquirer["shares"] = double_inputs_["acq_shares"]->value(); params["acquirer"] = acquirer; QJsonObject target; target["revenue"] = double_inputs_["tgt_revenue"]->value(); target["net_income"] = double_inputs_["tgt_net_income"]->value(); params["target"] = target; params["deal_value"] = double_inputs_["deal_value"]->value(); params["premium"] = double_inputs_["deal_premium"]->value() / 100.0; params["cash_pct"] = double_inputs_["cash_pct"]->value() / 100.0; MAAnalyticsService::instance().calculate_accretion_dilution(params); }); ad_vl->addWidget(ad_run); ad_vl->addStretch(); add_sub_tab(ad, QT_TR_NOOP("Accretion/Dilution")); // ── Synergies ── auto* syn = new QWidget(this); auto* syn_vl = new QVBoxLayout(syn); syn_vl->setContentsMargins(12, 12, 12, 12); syn_vl->setSpacing(8); auto* rev_syn = make_double_spin(0, 100, 5, 1, "%", syn); double_inputs_["rev_synergy_pct"] = rev_syn; syn_vl->addWidget(build_input_row(tr("Revenue Synergy %"), rev_syn, syn)); auto* cost_syn = make_double_spin(0, 100, 10, 1, "%", syn); double_inputs_["cost_synergy_pct"] = cost_syn; syn_vl->addWidget(build_input_row(tr("Cost Synergy %"), cost_syn, syn)); auto* integ_cost = make_double_spin(0, 1e12, 50e6, 0, "", syn); double_inputs_["integration_cost"] = integ_cost; syn_vl->addWidget(build_input_row(tr("Integration Cost") + " ($)", integ_cost, syn)); auto* syn_disc = make_double_spin(0, 50, 10, 1, "%", syn); double_inputs_["synergy_discount"] = syn_disc; syn_vl->addWidget(build_input_row(tr("Discount Rate"), syn_disc, syn)); auto* syn_run = make_run_button(tr("VALUE SYNERGIES"), syn); connect(syn_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Valuing Synergies...")); QJsonObject params; params["revenue_synergy_pct"] = double_inputs_["rev_synergy_pct"]->value() / 100.0; params["cost_synergy_pct"] = double_inputs_["cost_synergy_pct"]->value() / 100.0; params["integration_cost"] = double_inputs_["integration_cost"]->value(); params["discount_rate"] = double_inputs_["synergy_discount"]->value() / 100.0; MAAnalyticsService::instance().value_synergies_dcf(params); }); syn_vl->addWidget(syn_run); syn_vl->addStretch(); add_sub_tab(syn, QT_TR_NOOP("Synergies")); // ── Pro Forma ── auto* pf = new QWidget(this); auto* pf_vl = new QVBoxLayout(pf); pf_vl->setContentsMargins(12, 12, 12, 12); pf_vl->setSpacing(8); auto* pf_years = make_int_spin(1, 10, 3, pf); int_inputs_["pf_years"] = pf_years; pf_vl->addWidget(build_input_row(tr("Years to Project"), pf_years, pf)); auto* pf_rev_g = make_double_spin(-50, 200, 8, 1, "%", pf); double_inputs_["pf_rev_growth"] = pf_rev_g; pf_vl->addWidget(build_input_row(tr("Revenue Growth"), pf_rev_g, pf)); auto* pf_run = make_run_button(tr("BUILD PRO FORMA"), pf); connect(pf_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Building Pro Forma...")); QJsonObject params; params["years"] = int_inputs_["pf_years"]->value(); params["revenue_growth"] = double_inputs_["pf_rev_growth"]->value() / 100.0; // Re-use acquirer/target inputs from accretion tab QJsonObject acquirer; acquirer["revenue"] = double_inputs_["acq_revenue"]->value(); acquirer["ebitda"] = double_inputs_["acq_ebitda"]->value(); acquirer["net_income"] = double_inputs_["acq_net_income"]->value(); params["acquirer"] = acquirer; QJsonObject target; target["revenue"] = double_inputs_["tgt_revenue"]->value(); target["net_income"] = double_inputs_["tgt_net_income"]->value(); params["target"] = target; MAAnalyticsService::instance().build_pro_forma(params); }); pf_vl->addWidget(pf_run); pf_vl->addStretch(); add_sub_tab(pf, QT_TR_NOOP("Pro Forma")); // ── Sources & Uses ── auto* su = new QWidget(this); auto* su_vl = new QVBoxLayout(su); su_vl->setContentsMargins(12, 12, 12, 12); su_vl->setSpacing(8); auto* su_cash = make_double_spin(0, 1e15, 200e6, 0, "", su); double_inputs_["su_cash"] = su_cash; su_vl->addWidget(build_input_row(tr("Cash on Hand") + " ($)", su_cash, su)); auto* su_debt = make_double_spin(0, 1e15, 250e6, 0, "", su); double_inputs_["su_new_debt"] = su_debt; su_vl->addWidget(build_input_row(tr("New Debt") + " ($)", su_debt, su)); auto* su_stock = make_double_spin(0, 1e15, 50e6, 0, "", su); double_inputs_["su_stock"] = su_stock; su_vl->addWidget(build_input_row(tr("Stock Issuance") + " ($)", su_stock, su)); auto* su_run = make_run_button(tr("CALCULATE SOURCES & USES"), su); connect(su_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Calculating Sources & Uses...")); QJsonObject params; params["deal_value"] = double_inputs_["deal_value"]->value(); params["cash"] = double_inputs_["su_cash"]->value(); params["new_debt"] = double_inputs_["su_new_debt"]->value(); params["stock_issuance"] = double_inputs_["su_stock"]->value(); MAAnalyticsService::instance().calculate_sources_uses(params); }); su_vl->addWidget(su_run); su_vl->addStretch(); add_sub_tab(su, QT_TR_NOOP("Sources & Uses")); // ── Contribution Analysis ── auto* contrib = new QWidget(this); auto* contrib_vl = new QVBoxLayout(contrib); contrib_vl->setContentsMargins(12, 12, 12, 12); contrib_vl->setSpacing(8); auto* contrib_hint = new QLabel(tr("Calculates each party's % contribution to the combined entity."), contrib); contrib_hint->setWordWrap(true); contrib_hint->setStyleSheet(QString("color:%1; font-size:%2px; font-family:%3;") .arg(ui::colors::TEXT_SECONDARY()) .arg(ui::fonts::SMALL) .arg(ui::fonts::DATA_FAMILY)); contrib_vl->addWidget(contrib_hint); auto* contrib_own = make_double_spin(0, 100, 70, 1, "%", contrib); double_inputs_["contrib_ownership"] = contrib_own; contrib_vl->addWidget(build_input_row(tr("Acquirer Ownership %"), contrib_own, contrib)); auto* contrib_run = make_run_button(tr("ANALYZE CONTRIBUTION"), contrib); connect(contrib_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Analyzing Contribution...")); QJsonObject params; QJsonObject acquirer; acquirer["revenue"] = double_inputs_["acq_revenue"]->value(); acquirer["ebitda"] = double_inputs_["acq_ebitda"]->value(); acquirer["net_income"] = double_inputs_["acq_net_income"]->value(); params["acquirer"] = acquirer; QJsonObject target; target["revenue"] = double_inputs_["tgt_revenue"]->value(); target["net_income"] = double_inputs_["tgt_net_income"]->value(); params["target"] = target; params["ownership_split"] = double_inputs_["contrib_ownership"]->value() / 100.0; MAAnalyticsService::instance().analyze_contribution(params); }); contrib_vl->addWidget(contrib_run); contrib_vl->addStretch(); add_sub_tab(contrib, QT_TR_NOOP("Contribution")); // ── Payment Structure ── auto* pay_str = new QWidget(this); auto* pay_vl = new QVBoxLayout(pay_str); pay_vl->setContentsMargins(12, 12, 12, 12); pay_vl->setSpacing(8); auto* pay_price = make_double_spin(0, 1e15, 500e6, 0, "", pay_str); double_inputs_["pay_purchase_price"] = pay_price; pay_vl->addWidget(build_input_row(tr("Purchase Price") + " ($)", pay_price, pay_str)); auto* pay_cash = make_double_spin(0, 100, 60, 0, "%", pay_str); double_inputs_["pay_cash_pct"] = pay_cash; pay_vl->addWidget(build_input_row(tr("Cash %"), pay_cash, pay_str)); auto* pay_acq_cash = make_double_spin(0, 1e15, 200e6, 0, "", pay_str); double_inputs_["pay_cash_on_hand"] = pay_acq_cash; pay_vl->addWidget(build_input_row(tr("Cash on Hand") + " ($)", pay_acq_cash, pay_str)); auto* pay_new_debt = make_double_spin(0, 1e15, 100e6, 0, "", pay_str); double_inputs_["pay_new_debt"] = pay_new_debt; pay_vl->addWidget(build_input_row(tr("New Debt") + " ($)", pay_new_debt, pay_str)); auto* pay_run = make_run_button(tr("ANALYZE PAYMENT STRUCTURE"), pay_str); connect(pay_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Analyzing Payment...")); QJsonObject params; params["purchase_price"] = double_inputs_["pay_purchase_price"]->value(); params["cash_pct"] = double_inputs_["pay_cash_pct"]->value() / 100.0; params["cash_on_hand"] = double_inputs_["pay_cash_on_hand"]->value(); params["new_debt"] = double_inputs_["pay_new_debt"]->value(); MAAnalyticsService::instance().analyze_payment_structure(params); }); pay_vl->addWidget(pay_run); pay_vl->addStretch(); add_sub_tab(pay_str, QT_TR_NOOP("Payment")); // ── Earnout ── auto* earn = new QWidget(this); auto* earn_vl = new QVBoxLayout(earn); earn_vl->setContentsMargins(12, 12, 12, 12); earn_vl->setSpacing(8); auto* earn_base = make_double_spin(0, 1e15, 50e6, 0, "", earn); double_inputs_["earn_base_amount"] = earn_base; earn_vl->addWidget(build_input_row(tr("Earnout Amount") + " ($)", earn_base, earn)); auto* earn_threshold = make_double_spin(0, 1e15, 100e6, 0, "", earn); double_inputs_["earn_threshold"] = earn_threshold; earn_vl->addWidget(build_input_row(tr("Revenue Threshold") + " ($)", earn_threshold, earn)); auto* earn_period = make_int_spin(1, 10, 3, earn); int_inputs_["earn_period"] = earn_period; earn_vl->addWidget(build_input_row(tr("Earnout Period (yrs)"), earn_period, earn)); auto* earn_prob = make_double_spin(0, 100, 60, 0, "%", earn); double_inputs_["earn_probability"] = earn_prob; earn_vl->addWidget(build_input_row(tr("Achievement Probability"), earn_prob, earn)); auto* earn_run = make_run_button(tr("VALUE EARNOUT"), earn); connect(earn_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Valuing Earnout...")); QJsonObject params; params["earnout_amount"] = double_inputs_["earn_base_amount"]->value(); params["revenue_threshold"] = double_inputs_["earn_threshold"]->value(); params["period"] = int_inputs_["earn_period"]->value(); params["probability"] = double_inputs_["earn_probability"]->value() / 100.0; MAAnalyticsService::instance().value_earnout(params); }); earn_vl->addWidget(earn_run); earn_vl->addStretch(); add_sub_tab(earn, QT_TR_NOOP("Earnout")); // ── Exchange Ratio ── auto* exch = new QWidget(this); auto* exch_vl = new QVBoxLayout(exch); exch_vl->setContentsMargins(12, 12, 12, 12); exch_vl->setSpacing(8); auto* exch_acq_price = make_double_spin(0, 1e6, 100, 2, "", exch); double_inputs_["exch_acq_price"] = exch_acq_price; exch_vl->addWidget(build_input_row(tr("Acquirer Share Price") + " ($)", exch_acq_price, exch)); auto* exch_tgt_price = make_double_spin(0, 1e6, 50, 2, "", exch); double_inputs_["exch_tgt_price"] = exch_tgt_price; exch_vl->addWidget(build_input_row(tr("Target Share Price") + " ($)", exch_tgt_price, exch)); auto* exch_premium = make_double_spin(0, 200, 30, 1, "%", exch); double_inputs_["exch_premium"] = exch_premium; exch_vl->addWidget(build_input_row(tr("Offer Premium"), exch_premium, exch)); auto* exch_run = make_run_button(tr("CALCULATE EXCHANGE RATIO"), exch); connect(exch_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Calculating Exchange Ratio...")); QJsonObject params; params["acquirer_price"] = double_inputs_["exch_acq_price"]->value(); params["target_price"] = double_inputs_["exch_tgt_price"]->value(); params["premium"] = double_inputs_["exch_premium"]->value() / 100.0; MAAnalyticsService::instance().calculate_exchange_ratio(params); }); exch_vl->addWidget(exch_run); exch_vl->addStretch(); add_sub_tab(exch, QT_TR_NOOP("Exchange Ratio")); // ── Collar Mechanism ── auto* collar = new QWidget(this); auto* collar_vl = new QVBoxLayout(collar); collar_vl->setContentsMargins(12, 12, 12, 12); collar_vl->setSpacing(8); auto* collar_floor = make_double_spin(0, 1e6, 85, 2, "", collar); double_inputs_["collar_floor"] = collar_floor; collar_vl->addWidget(build_input_row(tr("Price Floor") + " ($)", collar_floor, collar)); auto* collar_cap = make_double_spin(0, 1e6, 115, 2, "", collar); double_inputs_["collar_cap"] = collar_cap; collar_vl->addWidget(build_input_row(tr("Price Cap") + " ($)", collar_cap, collar)); auto* collar_ratio = make_double_spin(0, 10, 0.5, 3, "", collar); double_inputs_["collar_base_ratio"] = collar_ratio; collar_vl->addWidget(build_input_row(tr("Base Exchange Ratio"), collar_ratio, collar)); auto* collar_run = make_run_button(tr("ANALYZE COLLAR"), collar); connect(collar_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Analyzing Collar...")); QJsonObject params; params["floor_price"] = double_inputs_["collar_floor"]->value(); params["cap_price"] = double_inputs_["collar_cap"]->value(); params["base_ratio"] = double_inputs_["collar_base_ratio"]->value(); MAAnalyticsService::instance().analyze_collar_mechanism(params); }); collar_vl->addWidget(collar_run); collar_vl->addStretch(); add_sub_tab(collar, QT_TR_NOOP("Collar")); // ── CVR (Contingent Value Rights) ── auto* cvr = new QWidget(this); auto* cvr_vl = new QVBoxLayout(cvr); cvr_vl->setContentsMargins(12, 12, 12, 12); cvr_vl->setSpacing(8); auto* cvr_type = new QComboBox(cvr); cvr_type->addItems({"milestone", "revenue", "regulatory"}); cvr_type->setStyleSheet(QString("QComboBox { background:%1; color:%2; border:1px solid %3;" "font-family:%4; font-size:%5px; padding:4px 6px; }") .arg(ui::colors::BG_RAISED(), ui::colors::TEXT_PRIMARY(), ui::colors::BORDER_MED()) .arg(ui::fonts::DATA_FAMILY) .arg(ui::fonts::SMALL)); combo_inputs_["cvr_type"] = cvr_type; cvr_vl->addWidget(build_input_row(tr("CVR Type"), cvr_type, cvr)); auto* cvr_max = make_double_spin(0, 1e15, 10e6, 0, "", cvr); double_inputs_["cvr_max_payout"] = cvr_max; cvr_vl->addWidget(build_input_row(tr("Max Payout") + " ($)", cvr_max, cvr)); auto* cvr_prob = make_double_spin(0, 100, 50, 0, "%", cvr); double_inputs_["cvr_probability"] = cvr_prob; cvr_vl->addWidget(build_input_row(tr("Achievement Prob"), cvr_prob, cvr)); auto* cvr_expiry = make_int_spin(1, 10, 3, cvr); int_inputs_["cvr_expiry"] = cvr_expiry; cvr_vl->addWidget(build_input_row(tr("Expiry (yrs)"), cvr_expiry, cvr)); auto* cvr_run = make_run_button(tr("VALUE CVR"), cvr); connect(cvr_run, &QPushButton::clicked, this, [this]() { status_label_->setText(tr("Valuing CVR...")); QJsonObject params; params["type"] = combo_inputs_["cvr_type"]->currentText(); params["max_payout"] = double_inputs_["cvr_max_payout"]->value(); params["probability"] = double_inputs_["cvr_probability"]->value() / 100.0; params["expiry_years"] = int_inputs_["cvr_expiry"]->value(); MAAnalyticsService::instance().value_cvr(params); }); cvr_vl->addWidget(cvr_run); cvr_vl->addStretch(); add_sub_tab(cvr, QT_TR_NOOP("CVR")); vl->addWidget(sub_tabs_); results_container_ = new QWidget(w); results_layout_ = new QVBoxLayout(results_container_); results_layout_->setContentsMargins(0, 8, 0, 0); results_layout_->setSpacing(8); vl->addWidget(results_container_); return w; } } // namespace fincept::screens