diff --git a/devel/py-olefile/Makefile b/devel/py-olefile/Makefile
index a5b93db23a04..70859b9c3439 100644
--- a/devel/py-olefile/Makefile
+++ b/devel/py-olefile/Makefile
@@ -1,24 +1,26 @@
 PORTNAME=	olefile
-PORTVERSION=	0.46
-PORTREVISION=	1
+PORTVERSION=	0.47
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	antoine@FreeBSD.org
 COMMENT=	Python module to read MS OLE2 files
 WWW=		https://www.decalage.info/en/olefile
 
 LICENSE=	BSD2CLAUSE MIT
 LICENSE_COMB=	multi
 LICENSE_FILE=	${WRKSRC}/LICENSE.txt
 
+BUILD_DEPENDS=	${PY_SETUPTOOLS} \
+		${PYTHON_PKGNAMEPREFIX}wheel>=0:devel/py-wheel@${PY_FLAVOR}
+
 NO_ARCH=	yes
 USES=		python zip
-USE_PYTHON=	distutils autoplist
+USE_PYTHON=	pep517 autoplist
 TEST_ENV=	${MAKE_ENV} PYTHONPATH=${STAGEDIR}${PYTHONPREFIX_SITELIBDIR}
 
 do-test:
 	@(cd ${TEST_WRKSRC} && ${SETENV} ${TEST_ENV} ${PYTHON_CMD} tests/test_olefile.py)
 
 .include <bsd.port.mk>
diff --git a/devel/py-olefile/distinfo b/devel/py-olefile/distinfo
index 95e1990b6111..cd9a090119d9 100644
--- a/devel/py-olefile/distinfo
+++ b/devel/py-olefile/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1537730701
-SHA256 (olefile-0.46.zip) = 133b031eaf8fd2c9399b78b8bc5b8fcbe4c31e85295749bb17a87cba8f3c3964
-SIZE (olefile-0.46.zip) = 112226
+TIMESTAMP = 1787476499
+SHA256 (olefile-0.47.zip) = 599383381a0bf3dfbd932ca0ca6515acd174ed48870cbf7fee123d698c192c1c
+SIZE (olefile-0.47.zip) = 112240