diff --git a/tools/perf/Makefile b/tools/perf/Makefile
index 3d8f31ed771df18770b1e31361485d39400b5476..d75c28a825f5356d9b0dbe16459111d3b6c5e81a 100644
--- a/tools/perf/Makefile
+++ b/tools/perf/Makefile
@@ -600,30 +600,32 @@ endif
 
 ifdef NO_DEMANGLE
 	BASIC_CFLAGS += -DNO_DEMANGLE
-else ifdef HAVE_CPLUS_DEMANGLE
-	EXTLIBS += -liberty
-	BASIC_CFLAGS += -DHAVE_CPLUS_DEMANGLE
 else
-	has_bfd := $(shell sh -c "(echo '\#include <bfd.h>'; echo 'int main(void) { bfd_demangle(0, 0, 0); return 0; }') | $(CC) -x c - $(ALL_CFLAGS) -o $(BITBUCKET) $(ALL_LDFLAGS) $(EXTLIBS) -lbfd "$(QUIET_STDERR)" && echo y")
-
-	ifeq ($(has_bfd),y)
-		EXTLIBS += -lbfd
+	ifdef HAVE_CPLUS_DEMANGLE
+		EXTLIBS += -liberty
+		BASIC_CFLAGS += -DHAVE_CPLUS_DEMANGLE
 	else
-		has_bfd_iberty := $(shell sh -c "(echo '\#include <bfd.h>'; echo 'int main(void) { bfd_demangle(0, 0, 0); return 0; }') | $(CC) -x c - $(ALL_CFLAGS) -o $(BITBUCKET) $(ALL_LDFLAGS) $(EXTLIBS) -lbfd -liberty "$(QUIET_STDERR)" && echo y")
-		ifeq ($(has_bfd_iberty),y)
-			EXTLIBS += -lbfd -liberty
+		has_bfd := $(shell sh -c "(echo '\#include <bfd.h>'; echo 'int main(void) { bfd_demangle(0, 0, 0); return 0; }') | $(CC) -x c - $(ALL_CFLAGS) -o $(BITBUCKET) $(ALL_LDFLAGS) $(EXTLIBS) -lbfd "$(QUIET_STDERR)" && echo y")
+
+		ifeq ($(has_bfd),y)
+			EXTLIBS += -lbfd
 		else
-			has_bfd_iberty_z := $(shell sh -c "(echo '\#include <bfd.h>'; echo 'int main(void) { bfd_demangle(0, 0, 0); return 0; }') | $(CC) -x c - $(ALL_CFLAGS) -o $(BITBUCKET) $(ALL_LDFLAGS) $(EXTLIBS) -lbfd -liberty -lz "$(QUIET_STDERR)" && echo y")
-			ifeq ($(has_bfd_iberty_z),y)
-				EXTLIBS += -lbfd -liberty -lz
+			has_bfd_iberty := $(shell sh -c "(echo '\#include <bfd.h>'; echo 'int main(void) { bfd_demangle(0, 0, 0); return 0; }') | $(CC) -x c - $(ALL_CFLAGS) -o $(BITBUCKET) $(ALL_LDFLAGS) $(EXTLIBS) -lbfd -liberty "$(QUIET_STDERR)" && echo y")
+			ifeq ($(has_bfd_iberty),y)
+				EXTLIBS += -lbfd -liberty
 			else
-				has_cplus_demangle := $(shell sh -c "(echo 'extern char *cplus_demangle(const char *, int);'; echo 'int main(void) { cplus_demangle(0, 0); return 0; }') | $(CC) -x c - $(ALL_CFLAGS) -o $(BITBUCKET) $(ALL_LDFLAGS) $(EXTLIBS) -liberty "$(QUIET_STDERR)" && echo y")
-				ifeq ($(has_cplus_demangle),y)
-					EXTLIBS += -liberty
-					BASIC_CFLAGS += -DHAVE_CPLUS_DEMANGLE
+				has_bfd_iberty_z := $(shell sh -c "(echo '\#include <bfd.h>'; echo 'int main(void) { bfd_demangle(0, 0, 0); return 0; }') | $(CC) -x c - $(ALL_CFLAGS) -o $(BITBUCKET) $(ALL_LDFLAGS) $(EXTLIBS) -lbfd -liberty -lz "$(QUIET_STDERR)" && echo y")
+				ifeq ($(has_bfd_iberty_z),y)
+					EXTLIBS += -lbfd -liberty -lz
 				else
-					msg := $(warning No bfd.h/libbfd found, install binutils-dev[el]/zlib-static to gain symbol demangling)
-					BASIC_CFLAGS += -DNO_DEMANGLE
+					has_cplus_demangle := $(shell sh -c "(echo 'extern char *cplus_demangle(const char *, int);'; echo 'int main(void) { cplus_demangle(0, 0); return 0; }') | $(CC) -x c - $(ALL_CFLAGS) -o $(BITBUCKET) $(ALL_LDFLAGS) $(EXTLIBS) -liberty "$(QUIET_STDERR)" && echo y")
+					ifeq ($(has_cplus_demangle),y)
+						EXTLIBS += -liberty
+						BASIC_CFLAGS += -DHAVE_CPLUS_DEMANGLE
+					else
+						msg := $(warning No bfd.h/libbfd found, install binutils-dev[el]/zlib-static to gain symbol demangling)
+						BASIC_CFLAGS += -DNO_DEMANGLE
+					endif
 				endif
 			endif
 		endif