According to our study conducted in September 2025, the equity market risk premium for Finland’s stock market is 7.6 per cent.
The equity market risk premium, often also referred to as the market risk premium or equity risk premium, is an important factor in cash-flow-based valuations. It represents the additional return an investor requires over the risk-free rate when investing in equities. In our experience, estimating it is one of the most challenging areas of valuation and requires careful judgment.
We have been tracking Finland’s equity market risk premium since 1999. Please see the report below and contact us if you have any questions.
Atte Salonen
Esko Saura
Samu Teränen
Anita Morozova
Markus Hilli